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Submitted by: Pashmeen Kaur
You are an NRI and you need a Pan Card? You are not sure if you can get a PAN Card without going to India? What methods and procedures do you have to follow in order to get it made? Is it a time consuming or a complex process? If all these questions have been complying over your mind, you are at the perfect place to get all your worries sorted.
Read on for more details about PAN Cards and NRIs.
What is a PAN Card and why do you need it?
-PAN Card or Permanent Account Number is a 10 digit alpha-numeric number issued in the form of a laminated card, by the Income Tax Department. For Example, AABPS1205E.
Most NRIs dont have a PAN Card, but it is advisable to obtain one so that you can furnish it whenever necessary.
Why Do NRIs require a PAN Card?
PAN Card is required by an NRI if he/ she is holding a taxable income in India.
According to the new rule of SEBI, any NRI not having a PAN card cannot share the trading by depository or a broker.
PAN is also mandatory for an NRI if he/she is investing in Mutual Funds or for Income Tax Return
If you dont want to trade but you want to purchase some land or property in India, then you are required to acquire a PAN Card .
PAN card is also beneficial for opening bank accounts, demat accounts, or even getting a telephone connection in India.
What does your PAN Card contain?
A unique 10 digit alpha-numeric number.
Your name.
Your photograph.
Your date of birth.
Your father’s name.
Your signature.
You can apply for your PAN Card based on your passport as proof of identity and residence. Today you can get your PAN card with a simple click of your mouse. That’s right, you don’t even have to make a trip to India to apply for PAN Card.
Lastly on all the knowledge about the NRI pan Card, I wish to tell all that I got my PAN Card from this amazing company called Investbak.com
They work amazingly well for me. I had been running after the Indian Government rules and regulations to fill up the form online and allpying online became like a pain in my neck to work on.
I then came accross INVESTBAK’s website on Google, and trying their service came like such a great experience! The zeal and determination with which they work, is tremondous, and you only pay when you are satisfied!
I suggest anybody looking for the services, Just visit the website www.investbak.com.
For the most trusted and fast service providers, Investbak is a reliable name with promising services.
Login now and get answers to all your Finance related queries.
Investbak is a one stop for all the NRIs doubts and worries related to Tax services, Investment services and many more.
Log on to www.investbak.com or mail them on contact@investbak.com
I am sure this helps!
About the Author: Dr.Pashmeen Kaur is a happy customer of INVESTBAK, here writing articles about PAN Card and related services, recommends all the NRI’s looking for PAN Card related services to obtain from
investbak.com
Source:
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