What is Permanent Account Number?
Permanent Account Number A unique, permanent, alphanumeric identifier issued by the national tax authority to individuals or entities for tax reporting and regulatory compliance, especially in India (PAN).
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Permanent Account Number” Used in Practice?
The Permanent Account Number must be quoted for all high-value financial transactions and tax filings in India.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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What is Permanent Account Number?
A unique, permanent, alphanumeric identifier issued by the national tax authority to individuals or entities for tax reporting and regulatory compliance, especially in India (PAN).
Where can I learn this term for free?
Termify is a 100% free professional English app that teaches Permanent Account Number and 4,071+ other industry terms with native pronunciation, IPA transcriptions and career quizzes. Available on iOS in 23 languages. No subscription, no credit card required.
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