PAN Card

Permanent account wide variety (pan) alludes to a 10-digit alphanumeric variety, issued as an overlaid card, with the aid of the earnings tax department in india. This wide variety is practically compulsory for each unmarried money related trade, for example, starting a ledger, accepting assessable pay or professional expenses, deal or buy of advantages above determined cutoff points. The vital target is to utilize an all inclusive recognizable proof key to comply with money related exchanges having an assessable phase in it to be able to preclude tax avoidance. It stays unaffected by using trade of vicinity throughout the state.

PAN Card is mandatory for NRIs for the following reasons:

• Paying taxes on Indian Income under the Income Tax Act, 1961 • Investing in securities per the Securities and Exchange Board of India (SEBI) • Investing in Mutual Fund Schemes for all existing and prospective investors • For opening a bank account • For purchase and sale of property in India • For purchase & payments of vehicles • For securing telephone connections • Making time deposits in a bank worth over INR 50,000 (approx 1000 USD) • Cash payment exceeding INR 25,000 (approx 500 USD) for travelling to any foreign country

You may get in touch with us for

New PAN - We provide forms, help you to fill and do follow ups on your behalf. PAN Corrections - We assist you in rectifying your PAN details. Lost PAN - We assist you in applying for a duplicate PAN card if you have misplaced your old card. Track PAN Status - We help you track your PAN Card status on a regular basis

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