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A PAN card issued in the name of a minor does not contain the minor's photograph or signature, and therefore, cannot be used as a valid proof of identity. Once a minor PAN card holder turns 18, the relevant changes must be made in the PAN records. A new card is then issued bearing a photograph and signature.
Application
The applicant is required to fill up the "Request for new PAN card andor changes or correction in PAN data" form. The form can be filled up online by accessing NSDL's Tax Information Network website and clicking on the online PAN application tab.
Information
The applicant must mention the existing PAN number in the application and check the `photo mismatch' and `signature mismatch' boxes, and submit the online form. The form must also be printed out, signed by the applicant, and submitted along with two photographs.
Documents
Identity and address proof in the form of a copy of the applicant's Aadhaar card, passport, voter ID or bank account statement should also be enclosed with the application form.
Fee
A fee of `107 needs to be paid either through online banking or by creditdebit card. Alternatively, a demand draft of `107 drawn in favour of NSDL-PAN must be enclosed with the application.
Process
Once the online form has been submitted, the applicant will receive an acknowledgement number. The completed application must be dispatched to the nearest NSDL or UTISL-approved centre.
The applicant can find out the status of his application by quoting the acknowledgment number.
If necessary, the applicant can also make other changes to the PAN data (address or name correction, etc.) at the same time, by submitting the relevant documents.
The applicant should ensure that the proof of address, identity, etc. enclosed with the application is valid.
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
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Mutual Fund Application Forms | Download Any Applications |
Invest in Tax Saving Mutual Funds | Invest Online |
Infrastructure Bond Application Forms | Download Applications |
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