What is PAN? - PAN is a 10 digit alpha numeric code issued by the Income Tax Department
Who issues PAN card? - The Income Tax Department has delegated this power to NSDL and UTI, who on the behalf of IT department and under the supervision of CBDT issues the PAN card.
Validity - PAN Card is valid for the lifetime and requires no renewal..
Nationality - PAN can be obtained by both Indian and Foreign Nationals.
Income Tax Return - PAN is required for payment of Direct Taxes and to file ITR.