PAN stands for "Presence Across Nation" - therefore, operating totally across the nation of India.
"PAN" is a term meaning all or everything, A company or business that does business with customers across India (East, West, South & North) is called PAN India company.
The term is generally used by companies and governments to highlight the extent of their reach.
You must never feel lost on hearing the term PAN India. India has 28 states and 8 Union Territories, and India measures
3,214 km (1,997 mi) from north to south and 2,933 km (1,822 mi) from east to west. The coverage of PAN India is massive. From the largest to the lowest, each State/ UT of India has a unique demography, history and culture, dress, carnivals, language etc.
Read this article to learn more about PAN India. In addition, you can also check out our
free General Awareness E-book- Download now for all competitive exams.
PAN is often confused with Permanent Account Number (PAN card), PAN stands for Presence Across Nation which means that one entity operates in many parts of India.
For example, a single company doing business in a single region.
Delhi or Hyderabad, but we plan to start operations in 10 locations.
The word 'pan' means 'including the whole of something and constitutes Pan India, which encompasses the whole of India.
In the terms of business, if the company is referred to as being pan-India, it means that the company has offices and branches all over India.
"PAN India" stands for "across the nation" or "throughout India." It is an expression commonly used to describe activities, services, or businesses that operate or are available across the entire geographical expanse of India. This term is often employed in the context of national-level initiatives, services, or businesses that have a presence in all states and union territories of the country.
PAN is often confused with Permanent Account Number (PAN card), PAN stands for Presence Across Nation which means that one entity operates in many parts of India. For example, a single company doing business in a single region. Delhi or Hyderabad, but we plan to start operations in 10 locations. The word 'pan' means 'including the whole of something and constitutes Pan India, which encompasses the whole of India. In the terms of business, if the company is referred to as being pan-India, it means that the company has offices and branches all over India.
Indian states have governments that manage their regions and make laws and regulations for their citizens. Not all laws in force in one state and another may exist. A business, industry, or service that exists in one state may not exist in another state. In other words, each state in India operates independently on its own.
"Pan" is also a prefix that simply means "ALL". So when you say "Pan India" presence it simply means all India presence. Similar usages like Pan America which means all the nations in America including North, Middle, and South America.
There are two types of PAN card application forms: Form 49A, intended for Indian citizens who are applying for a PAN card. Form 49AA, is meant for foreigners who need a PAN card for financial transactions or taxation purposes while in India.
Features of a PAN Card
- The first three characters are alphabets that represent the PAN holder's name.
- A fourth character is a number representing the PAN holder's date of birth.
- The fifth character is an alphabet representing the PAN holder's place of birth.