Over the past two fiscal years, more women have provided permanent account numbers (PAN), signaling their growing participation in areas that require a ten -digit identification number. In FY25, women were issued 29.1 million pans, 23% more than 23.7 million pans issued to men, showed income tax data. Similarly, 38.1 million pans were published in FY24, which is 24% more than 30.7 million men issued.
The PAN is mandatory for filing tax returns, opening bank accounts, creating high -valuable cash deposits and purchasing shares, real estate and quads. Social care funds are usually transferred to the bank accounts of recipients associated with the pelvis.
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Workforce
The trend of growing women with pelvis holders in accordance with a constant increase in the rate of women’s labor from 23.3% in FY18 (July to June) to 41.7% in FY24, driven by several women in rural areas entering the workforce.
Better job opportunities for marginalized sections helped in economic growth in inclusive gender, said AK Verma, director of the Center for the Study of and Policy, Think-Tank based in Kanpuru.
“Having a bank account, the ability to make financial transactions and being part of the financial system, has now become part of women’s consciousness. Many social care programs are also focused on women and the benefits are transferred directly to their bank accounts, which helped in financial inclusion,” Verma said.
Sharp contrast
The trend is in sharp contrast with the period FY19 to FY23, when only 110 million women were issued against 116.7 million men issued.
Since November 1, 2024, more than two -thirds of 503 million Mudra Yojan accounts, according to which loans up to £According to a report of the Ministry of Statistics and the implementation of the program called “Women and Men in India 2024 published at the beginning of this month, 10 lakhs are administered, which are administered, small and micro -deserters.
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At the end of November 2024, women operated 27.7 million DemAT accounts, out of 6.6 million at the end of March 2021, according to this report. At the end of December 2024, women also hold 301.3 million Jan Dhan or bank accounts without OGS, which is, according to a statistical ministry report that states data on the Ministry of the Ministry of Statistics, more than 240 million men.
A consistent increase in the number of women holders reflects a positive trend to financial integration and strengthening the position of women in India, AMIT Maleshwari, AKM Global tax partner, tax and consulting firm. Maheshwari said that the constant increase in the pelvis allocation of women from income tax indicates their growing participation in the formal economy.
Ascend
“Several factors have contributed to this growth, including improved access to education, increasing participation in women’s labor, self-employment initiatives and targeted government programs such as Stand-Up India, Pradhan Mujan Yojan and Udhyam registration that supports female business,” Maleshwari said.
The Stand-Up India scheme offers women to entrepreneurs and some other parties to the company. Micro, small and medium -sized enterprises register on Udhyam portal and get access to various government systems and benefits.
The ease of request for Mr. Online in combination with E-KYC based in Aadhaar also made this process accessible, especially in semi-town and rural areas, Maheshware added.
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The Aayog’s Niti Panel attributes a score of 66 out of 100 to India from FY24 to achieve equality of women and men, which means that a relatively some distance should still be covered by 2030, in which India and others have to fulfill the UN targets in 2015.
(Tagstotranslate) Economic activity
