PAN card needs or not

PAN card  - This picture shows the sample of PAN card
India
March 12, 2011 12:12pm CST
Now according to SBI rule the PAN card is necessary for fix depositor. Every businessmen required PAN card. But in general life or in a small business it is useful or not if you know share your views. SBI doing the compulsory you know any reason behind it. Dear friends in your country it is necessary or not.
1 response
• India
19 Nov 12
Pan card is must for every bussiness man wven small business and employee. Pan card is use for identifying easily when someone paying taxes and also use to find if some business man paying tax correctly or not.
• India
19 Nov 12
Ohhh yes now bank man said me even if you are not in job but deposit more than 50000 or 100000 then PAN card is required otherwise TDS will deduct from interest.