Taxes are levied in almost every country on the earth, mostly to fund government spending. There are certain tax-related registrations that we all need to know about. PAN Registration The Permanent Account Number, or PAN, is a mechanism that allows different categories of taxpayers to be identified across the country. PAN is a 10-digit alphanumeric number assigned to Indians, mostly those who pay taxes. It's used for a variety of things, including filing tax returns, getting a loan, bank transactions, and a variety of other things. TAN Registration A Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number provided to people who are obligated to deduct or collect tax on payments made under the Indian Income Tax Act, 1961. This number appears on all TDS/TCS returns, payment challans, and TDS/TCS certificates. Every organisation or individual who is required to deduct taxes at source when making certain payments, such as salary, rent, and so on, mus...