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Permanent Account Number or PAN is a means of identifying various taxpayers in the country. PAN is a 10-digit unique identification alphanumeric number (containing both alphabets and numbers) assigned to Indians, mostly to those who pay tax.
The PAN system of identification is a computer-based system that assigns unique identification number to every Indian tax paying entity. Through this method, all tax-related information for a person is recorded against a single PAN number which acts as the primary key for storage of information. This is shared across the country and hence no two people on tax paying entities can have the same PAN.
Any individual, irrespective of age and gender, who is a resident in India and satisfies the verification process laid down by the UIDAI can enrol for Aadhaar.
Individuals need to enrol only once but in case of multiple enrolment, the Aadhaar is generated against one of the enrolment ID’s while others are rejected as duplicate. Aadhaar Enrolment is free of cost for all the residents of India.
Aadhaar number is unique for each individual and will remain valid for life time. Aadhaar number will help the residents to avail various services provided by banking, mobile phone connections and other Govt and Non-Govt services in due course.
Some other information about Aadhaar are: