Introduction
A common misperception among many Indian residents is that a PAN card can only be availed by citizens over the age of 18. However, this is not true. Children can also apply for a minor PAN card along with their Aadhaar card. In this article, we will delve deeper into the details of a minor PAN card and explore its benefits and the process of applying for it.
What is a PAN Card for Minor?
A minor PAN card is an identification document provided to children below the adult age of 18 years. It can be used by children after they turn 18 by applying for necessary changes. If parents or guardians are applying for a child’s PAN card, they will have to submit address proof, identity proof, relation proof documents, and guardianship proof for the minor. Additionally, the Aadhaar details of the minor are also required. It is important to note that minors cannot apply for a PAN card on their own and need the guidance and assistance of parents or guardians.
Advantages of a PAN Card for Child
A PAN card for minors can prove to be beneficial in many situations:
– It can serve as an identity proof for children below 18 years of age.
– The PAN card number can be used by minors irrespective of their age, name, or address.
– Parents can make investments in the name of their children.
– It can be useful when parents want to make their child the nominee of their investments before they reach adulthood.
– It is required to open a bank account for a minor daughter under the Sukanya Samridhi Yojana by the Indian Government.
– The income of the child is not taxable under specific conditions, such as physical disability or income earned through their own skills, knowledge, talent, or manual work.
Required Documents for Minor PAN Card
To apply for a minor PAN card, parents need to submit a copy of one of the following documents:
– UIDAI issued Aadhaar Card
– Voter’s ID Card
– Driving Licence
– Passport
– Ration Card
– Municipality issued Birth Certificate
– 2 passport size photographs of the minor
– Arm’s Licence
– Pensioner Card
– Health Service Scheme Card by the Central Government
– Contributory Health Scheme Photo Card of the Ex-Serviceman
– Original Identity Certificate signed and verified by an MLA, MP, MLC or a Gazette Officer
– Original Bank Certificate on the letterhead of an issuing financial institution
– Domicile Certificate
– Employer Certificate
– Accommodation allotment letter issued by the Central or State government
– Order of Tax assessment for the latest property
– Registration documents of the property
– Post office passbook
– Copy of recent documents like electricity bill, telephone bill, water connection bill, gas connection bill, bank account statement, statement of depository account, or credit card statement.
How Can a Minor Apply for a PAN card?
A minor can apply for a PAN card with the help of their parents or guardians through either the online or offline mode. For the online mode, visit the official NSDL portal, choose the category of the applicant as a minor, fill in the required details, upload the necessary documents, pay the applicable fee, and submit the application form. For the offline mode, download Form 49 or Form 49A from the NSDL portal, fill it out, attach the required documents, and submit it with the applicable fee at the nearest NSDL office.
Procedure to Apply for a Minor PAN card
Online Procedure to Apply for a Minor PAN Card
Step 1: Visit the official NSDL portal.
Step 2: Choose the category of the applicant as a minor.
Step 3: Fill in all the required details.
Step 4: Upload the necessary documents.
Step 5: Upload the signature of the parents or guardians.
Step 6: Pay the applicable fee.
Step 7: Click on the ‘Submit’ button and note down the acknowledgement number.
Step 8: Send the application form in an enclosed envelope to the specified address.
Offline Procedure to Apply for a Minor PAN Card
Step 1: Download Form 49 or Form 49A from the official NSDL portal.
Step 2: Fill out the form and attach the required documents.
Step 3: Attach 2 passport size photographs of the minor.
Step 4: Submit the application form and fee at the nearest NSDL office.
Step 5: After verification, the PAN card will be sent to the registered address.
Applicable Fee on Minor PAN Card
To avail of a minor PAN card, an amount of INR 105 (INR 93 + the service tax at 12.36%) needs to be paid to the relevant authority. The payment can be made through cheques, demand drafts, credit cards, debit cards, or net banking.
Income Tax Act for Minor PAN Card
Under section 160 of the Income Tax Act, 1961, minors are allowed to apply for a PAN card. There is no age limit specified for a PAN card, and even children below the age of 5 can avail of a minor PAN card. This identity proof remains the same when they become adults, irrespective of their name and address.
How to Update a Minor PAN Card after the Age of 18?
To update a minor PAN card after the child turns 18, the following steps need to be followed:
Step 1: New Account Opening
Apply for a new account by filling Form 49 or Form 49A (for Indian citizens) or Form 49AA (for foreign citizens). Fill the form with the updated details and mention the changes that need to be made for the PAN card.
Step 2: Attach Required Documents
Attach all the necessary documents, including a passport size photograph and address proof.
Step 3: Submit and Make Payment
Submit the form and make the payment for the PAN card. Double-check all the information before submission.
Step 4: PAN Application Acknowledgement
After submitting the application form and payment, an acknowledgement number will be provided for future reference with the relevant department.
Frequently Asked Questions (FAQs)
Is there any minor PAN card?
Yes, there is a PAN card for minors in India. As per the Income Tax Act, section 160, minors are eligible to apply for a PAN card in India.
How is a PAN card for a minor beneficial?
The minor PAN card can serve as an identity proof of the child and can be used in cases when the parent wants to invest in their child’s name.
How can I make a PAN Card for a child?
To make a PAN card for a child, visit the official NSDL Tax Information Network website and apply by filling up the required form.
Can a citizen below 18 have a PAN card in India?
Yes, a citizen below the age of 18 can have a minor PAN card issued by the PAN card authority in India.
Do minors need a PAN card?
Yes, PAN card serves as identity proof for minors. Hence, a minor PAN card is important and has been made mandatory by the government.
How can one convert their PAN card to minor?
To convert their minor PAN card, the applicant needs to submit their recent details, such as the latest photograph and signature, in the application on the official portal that issues the PAN card.
Who is India’s youngest PAN cardholder?
Aashi, a day-old child from Bihar, is India’s youngest PAN cardholder for a minor.
Can a minor use their minor PAN card when they become an adult?
Yes, the minor can use their minor PAN card even when they become an adult, but for that, the relevant changes need to be made. Once the child turns 18, the changes should be made to a minor PAN card for it to serve as authentic proof.
What documents do I need to submit for a PAN card for the minor?
The documents that one needs to submit for a PAN card for a minor are a copy of the Aadhaar card, birth certificate issued by the municipality, passport, voter ID card, and mark sheet issued by the board (any one of the following).
What is the major purpose of a Minor PAN Card?
The major purpose of issuing a minor PAN card is to make the child the nominee of their parent’s investment and serve as their identity proof.
Conclusion
A minor PAN card can be of great value for children under the age of 18. It serves as an important identification document and allows parents to make investments in their child’s name. The process of applying for a minor PAN card is simple, and the required documents are easy to obtain. As children grow up, they can update their PAN card to continue using it as an authentic proof of identity. Applying for a minor PAN card can provide numerous benefits and opportunities for children in the future. So don’t wait, apply for a minor PAN card for your child today!
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