Behind PAN data, signs of women's economic rise
new delhi, May 17 -- Indian women are striding into economic activity more than ever before, if tax department data on permanent account numbers (PAN) is anything to go by.
More women than men secured permanent account numbers (PAN) in the last two fiscal years, signalling their rising participation in areas that require the 10-digit identification number. In FY25, 29.1 million PANs were issued to women, 23% more than the 23.7 million PANs issued to men, Income Tax department data showed. Similarly, in FY24, 38.1 million PANs were issued to women, 24% more than 30.7 million issued to men.
PAN is mandatory for filing tax returns, opening bank accounts, making high-value cash deposits, as well as buying stocks, property and four-wheelers. Wel...
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