A PAN card is a unique 10-digit alphanumeric identifier issued by the Income Tax Department in India. It serves as a primary identification for individuals and entities engaging in financial transactions. The PAN card is essential for filing income tax returns, conducting high-value financial transactions, and serves as a means to track taxable activities.
GST registration is mandatory for businesses in India engaged in the supply of goods and services. It replaced various indirect taxes and brought a unified tax structure. Under GST, businesses with a certain turnover threshold are required to register and obtain a unique GSTIN (Goods and Services Tax Identification Number). GST registration streamlines tax compliance,
MSME registration is aimed at providing support and promoting the growth of small and medium-sized enterprises. In India, businesses falling under the MSME category can register to avail various benefits and incentives provided by the government. MSME registration is based on investment in plant and machinery or turnover.