What are the types of PAN card?

The PAN card issued by the Income Tax Department has few specifications which are of three types. PAN card for Individual Indian Citizens- it is used to track of every taxable income and financial transactions. The IT department is responsible for calculating the taxes of individuals based on it. PAN card for Indian companies- the functionality of this type is similar to that of the individual one. The total income is kept track of. The difference in PAN card includes the absence of any picture and the date of registration of the company at the area of the date of birth. PAN card for foreign Citizens- it is an important document for foreigners who wish to run their business venture in India along with investments. There is a difference in an application form, which is of 49AA type.