What is Permanent Account Number?
In this glossary, Permanent Account Number refers to: 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).
How is Permanent Account Number used in finance?
In finance communication, this term appears in contexts such as: "The Permanent Account Number must be quoted for all high-value financial transactions and tax filings in India."
Why does Permanent Account Number matter in finance?
Permanent Account Number matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Permanent Account Number?
Permanent Account Number is mainly used by Financial Analysts, Bankers, and Traders.
What category does Permanent Account Number belong to?
In this glossary, Permanent Account Number is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.