Yes, a minor can obtain a Permanent Account Number (PAN) card in India, as the Income Tax Act does not prescribe a minimum age requirement. The application must be filed by a parent or guardian (Representative Assessee) on the minor's behalf using Form 49A.
- It is essential for financial activities like opening bank accounts and making investments in the minor's name.
- The minor PAN card will not have the minor's photograph or signature.
- Upon turning 18, the card must be updated with the individual's photo and signature via a correction application, but the PAN number remains the same for life.