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Misuse of pan card information by fraudsters

Misuse of pan card information by fraudsters

 
 
 
 
 
PAN card data has become essential for certain transactions, which makes PAN card identity theft more likely than ever.
Waving a PAN (Permanent Account Number) card as a form of identity, when such a document is required with a photograph, has become second nature to many of us. Keeping a laminated copy as a spare, and placing the original in safe-keeping, is the strategy adopted by many. But now, with more and more transactions requiring a copy of a PAN card, or at the very least the number, it appears that the role of this essential piece of plastic, and its consequences, are rapidly changing, in a way and manner not anticipated by the authorities.

Misuse of pan card information by fraudsters

 
 
 
 
 
PAN card data has become essential for certain transactions, which makes PAN card identity theft more likely than ever.
Waving a PAN (Permanent Account Number) card as a form of identity, when such a document is required with a photograph, has become second nature to many of us. Keeping a laminated copy as a spare, and placing the original in safe-keeping, is the strategy adopted by many. But now, with more and more transactions requiring a copy of a PAN card, or at the very least the number, it appears that the role of this essential piece of plastic, and its consequences, are rapidly changing, in a way and manner not anticipated by the authorities.
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 2 Replies

Democratic Indian (n/a)     21 September 2012

People in this country usually are not aware of the value of their privacy or risks of identity theft and proudly flassh the PAN Card or the PAN number or other "proofs" of identity/residence to almost anyone and everyone. Unless the people are aware and careful there can hardly be a solution.

Pranali Sharma   01 July 2017

At present day time, PAN card plays a key role,It is not possible to get the work done without PAN, especially for the taxpayers of the country.

know your pan


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