Personal PAN Registration

A Personal Permanent Account Number (PAN) is a unique 9-digit identification issued by the Inland Revenue Department (IRD). It is a mandatory statutory requirement for all income-earning individuals in Nepal under the Income Tax Act, 2058.

Category Business Registration

Introduction: Personal PAN

In the current digital economy of Nepal, Personal PAN has transitioned from a recommendation to a fundamental legal necessity. Whether you are a salaried professional, a freelancer, or an investor, your PAN serves as your permanent financial identity.

Obtaining a PAN via Present Consultants Private Limited ensures you are eligible for formal employment, as the government mandates PAN for any salary payment exceeding NPR 2,000. Beyond employment, a PAN is essential for opening bank accounts, participating in the stock market (NEPSE), and conducting high-value transactions. Our streamlined process leverages the latest National Identity (NID) integration to provide you with a hassle-free registration experience.

Legal Requirements: Compliance Under the Income Tax Act, 2058

Personal PAN registration is strictly governed by Section 78 of the Income Tax Act, 2058, which stipulates that the Department may require any person to obtain a Permanent Account Number. Furthermore, the annual Finance Acts have progressively made PAN mandatory for all individuals receiving remuneration or engaging in professional services.

Compliance is vital to ensure that Tax Deduction at Source (TDS) is correctly recorded against your name, allowing you to claim tax credits and avoid legal complications during audit or property transfers.

Mandatory for Remuneration: As per government directives, no employer can legally claim salary expenses as a tax-deductible cost unless the employee has a registered PAN.
Threshold Compliance: Under the Act, any individual with an assessable income exceeding the tax-exempt threshold must be registered to file annual returns.
Professional Services: Pursuant to the Act, individuals providing consultancy, legal, medical, or technical services must quote their PAN in all invoices and contracts.
Anti-Money Laundering (AML) Integration: PAN is a key requirement for KYC compliance in the banking sector and for the registration of fixed assets (land and vehicles).
Penalty Provisions: Under Section 119 (Ka) and Section 128, failure to comply with the directives of the Act or failing to register when required can result in administrative fines and obstacles in secondary financial approvals.

Process: Personal PAN Registration

1. Mobile No. Authentication

The process begins with the verification of your mobile number on the IRD’s integrated tax system. This ensures a secure, OTP-based communication channel for all your future tax notifications and login credentials.

2. NID Authentication

With the latest government integration, we utilize your National Identity (NID) Number to pull verified biometric and personal data. This step eliminates the need for manual physical verification at the Taxpayer Service Office in many cases.

3. Digital Form Fill Up

Our experts complete the digital application form, meticulously detailing your personal information, professional category, and residential address to ensure zero discrepancies with your official documents.

4. PAN Card Issuance by IRD

Once the digital application is reviewed and approved by the Inland Revenue Department (IRD) officer, your unique 9-digit PAN is generated. We facilitate the final issuance of your Digital PAN Card, ready for immediate use.

Ready to Register your Personal PAN Registration

Formalize Your Financial Status with Expert Assistance. Contact Present Consultants Private Limited today to secure your Personal PAN quickly and accurately, ensuring you are fully prepared for employment and investment opportunities in Nepal.