What is pan card,how to calculate income Tax as per PAN card?



What is PAN card ,how to calculate income tax through pan card,If I Earn 2 Lach in 2011 do i have to pay tax for 2lak in life time or what,,pls let me know.I am A female from India.

What is pan card,how to calculate income Tax as per PAN card?
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4 Replies to “What is pan card,how to calculate income Tax as per PAN card?”


  1. PAN card is nothing but identity card issued by Income Tax Office. It has nothing to do with
    income tax calculation. Individual has to pay income tax if the taxable income exceeds more than
    rs 1.80 lacs. There are certain permitted deduction to arrive taxable income. You may contact an auditor to know more on Income Tax.


  2. PAN card is proof of having Permanent Account Number with I.T.D. Income Tax is calculated on the basis of Taxabke income. PAN card is nothing to with Income tax calculation.
    Better you contact tax practitioner in your area.






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