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| PAN Card | |
![]() A sample of a Permanent account number card |
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| Date first issued | 12th January 1964 |
| Issued by | India |
| Purpose | Identification and Income Tax |
Permanent Account Number (PAN) is a code that acts as an identification for individuals, families and corporates (Indian and Foreign as well), especially those who pay Income Tax.
It is a unique, 10-character alpha-numeric identifier, issued to all judicial entities identifiable under the Indian Income Tax Act, 1961. The Income Tax PAN code and its linked card are issued under Section 139A of the Income Tax Act. It is issued by the
It is also issued to foreign nationals (such as investors) subject to a valid visa , and hence that PAN is not acceptable as a proof of Indian citizenship.
What is a 'Zero Balance Account - ZBA'
A zero balance account (ZBA) is a
BREAKING DOWN 'Zero Balance Account - ZBA'
Aside from when a check is written against the ZBA, the account is always maintained at a zero balance. This allows for greater control on the distribution of funds and limits excess balances from existing across multiple accounts. The ZBA's activity is limited to the processing of payments and is not used to maintain a running balance. This allows for a greater amount of funds to be available for use, such as for investment, instead of having small dollar amounts idle within a variety of
ZBA Use and Debit Cards
Using a ZBA to fund debit cards issued by the organization helps to ensure all activity on the aforementioned cards are pre-approved. Since
The use of a ZBA as a spending control mechanism is especially helpful as it applies to incidental charges across a large organization. While operational charges are often easier to predict and fund, incidentals can be variable by nature. By limiting quick access to funds via the debit cards, it is more likely proper approval procedures will be followed prior to the completion of a purchase.
The Master Account
The master account provides a central point for the management of funds within an organization. This account is used to send funds to any ZBA subaccounts as required. Often, the master account has other benefits over the subaccounts. This could include something as simple as a higher
There are number of students in our country who are intelligent and meritorious. They even get admission in good educational institutes but they are unable to pursue their studies due to paucity of funds. We work as support for these students. The candidates get Scholarship in selected institutions / colleges of their choice and their desired course under the Student Card Program
We are inspired by the govt. led mission of Make In India and skill development. We are constantly endeavouring to facilitate the govt & non govt efforts to reach out .
Our short term and pioneering project is the student Card and we are striving to provide the benefits to 5 lakh students in the state of Odisha by March 2020.
GPS Vehicle Tracking Systems make you to record live movements of your vehicle and you can secure your vehicle and control it from remote location. Our GPS Vehicle tracking device can alert on Ignition detection and send an alert through an SMS on vehicle theft. The GPS Tracker device also has the function to turn on and off the Engine using the mobile application. The GPS Vehicle tracking system also come with options of AC switch on – off , Fencing options, Route History Playback and continuous tracking.
Our assurance is to provide one of the best Vehicle GPS tracking devices and it will help to secure your vehicle and lowers insurance premiums. Track Your Assets and your vehicles on map through our portal & get instant red alerts from your vehicle in the form of SMS. The plus thing is that you can know the Area, Speed, distance, ignition, AC condition and you can control it from where you are, just by sending an SMS you can switch off your vehicle from your place.
The Internet of Things (IoT) is a system of interrelated computing devices, that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
The problem of lack of rural electricitydemand. It has been a long time coming. ... A village is considered electrified if it possesses basic electrical infrastructure and 10% of its homes have access to power. However, nearly one-fifth of India's rural households (around 31 million) still remain in acute darkness.
Our villages he a major problem of electricity, those places have electricity also facings the problem of POWER CUT. We at MCS Point have a solution to it in a better way.
We provide 5 watt LED light with USB Portwith a minimum and affordable price.