What are the advantages of having a PAN card?

PAN card was propelled to beware of the tax avoidance rehearsed by the people. All the monetary exchanges made by people can be connected by PAN card. PAN card gives numerous different points of interest to the general population. Some of them include:
I) PAN cards are helpful for documenting IT returns.
ii)PAN cards are essential for purchasing or offering properties, vehicles and so on.
iii) Individuals are approached to submit PAN card points of interest for profiting advances from the banks.
iv) Even for obtaining insurance pan card data is inquired.
So it is constantly profitable for a person to have a PAN card.