PAN allotment only after checking original documents: I-T dept

Applicants for Permanent Account Numbers (PAN) will have to produce original documents of proof of identity, address and date of birth for verification at the time of applying.

PAN mandatory for customers paying annual premium over 1 lakh

Insurance regulator IRDA on Friday
made it mandatory for insurers to collect permanent account numbers (PANs) of every customer paying an annual premium of
over Rs 1 lakh, a move designed as a part of know your customer norms.