Every salaried person in India needs to have a PAN card.
The two most important reasons why the company needs to see your PAN card are:
1. To deduct TDS on the Gross Total Income exceeding minimum tax slab
2. For Filing Income Tax Return
They definitely CAN NOT track your previous salary details with the PAN number.
That makes sense, but personally i wouldn't be very comfortable sharing this with a company before they select me.wardhamanPan card is required for identifying person uniquely in their database. Many times your resume will be sent to HR by referrals/consultancies, in order to keep your data /resume uniquely in company's database they need PAN details.
very simple, they want to see your id proof and if you don't have pan card and want to know more about how to apply for PAN card see here.
PAN card i.e. Permanent Account Number is provided by Income tax department to every income tax payer. The primary objective of PAN is to use a universal identification key to track financial transactions that might have a taxable component to prevent tax evasion. It also serves as identity proof.
Pan card is issued by financial office for every individual. It's is required to keep track of your salary details. You require either adhar card or pan card during placements. Pan card number is asked to just know about students details.
To make transactions more than 50,000 rupees we require pan card. (Permanent account number).
@Rucha Wankhede · May 7, 2016
@Anoop Kumar · Dec 1, 2012