Who is allocated a PAN?

PAN card stands for Permanent Account Number is a crucial identification of several taxpayers in a country. The 10-digit code is completely unique and is used for identifying every Indian who are paying taxes. This system is computerized, and if you are a PAN holder, then you will be provided with the PAN after you successfully submit the form and the mandated document. Irrespective of the changes that your address is going through, the PAN number will remain unaffected. So, every person who is residing in India is eligible for having PAN card.