Frequently asked questions by - Non Resident
What is a PANcard?
It is a laminated card issued by the income
tax department containing your PAN number
(this is a ten digit alphanumeric number). The
PAN number has to be quoted in all financial
transactions in India.
What is the Meaning of PAN card number?
PAN stands for permanent account number.
This unique 10 digit alphanumeric number
issued by the income tax department of India
is printed on a plastic card. This number has to be quoted in all financial
transactions in India.
How long does it take to get a PAN card?
It takes about 7 days for the government
department to allot you a number online, and
physical delivery of the hardcopy comes to
you in 20 days.
Who is eligible to apply for a Indian PAN
A resident Indian, foreign national , PIO,
foreign company and OCI (overseas
citizenship holder) are eligible for
applying. Basically anyone carrying any kind
of financial or investment transaction in
India qualify for their eligibility.
Can an NRI have a PAN card?
YES. A non resident Indian living anywhere
in the world can register for it.
What does it state?
Basically it shows your Permanent Account
Number allotted to you. It also shows your
photo, name and signature.
Why is it needed?
Basically it's compulsory to provide your
permanent account number (PAN) while doing
Can I receive it in the USA?
Once you start your NRI application process
with us, you can receive your pan card in
USA, Canada, Australia, UK and or in any
other part of the world.
Is the procedure easy to apply pan card online
for a NRI?
You can easily obtain a PAN card online.
Anyone with any passport can obtain one.
What is the cost to apply through you?
The total cost for the average India PAN card
obtained online using our service is $48.75
How long will it take to receive
It usually takes about 15 to 20 business days
to receive a NRI PAN card, but this depends on
the work involved with each application.
What is the process I need to follow for
applying using your agency?
The process is easy. You will make a payment
online, and then receive all instructions and
forms in email. Then you can fill up
everything and provide the needed documents
and then we will scrutinize the applications
and makes sure they are submitted.
Do I have to pay tax, if I get a PAN no? When
you get a PAN number, as far as we know, that
does not require you to file taxes. If you are
not generating an Income in India, you will
not need to pay taxes in India.
How often do I have to renew it and any yearly
membership fee? Once
you have a PAN, you will not need to renew it
at all, it will be valid for ever. There is
not maintaining fees either. You can only have
one PAN number allotted to your name. It is
illegal to have more than one.
How to apply for duplicate,
You will need to send in your forms and
documents. As well as a copy of your PAN card
or proof that you have held one. You will have
a different form to fill up than the new PAN
Do companies need a it to do business in
All companies need a PAN to do business in
India, including foreign companies. You can
obtain a PAN for your company by contacting a
How to find old PAN number details?
If you wish to find your PAN details, you can
do so online. You can go to the government
website and enter your details such as: your
name and birth date. Then you will have your
How to verify my number?
You can verify yours by visiting the UTI
website or the NSDL website and entering your
personal information along with your coupon
number/acknowledgement number. You will then
be given your PAN card number and status.
offers its services and products where it is
allowed to do so, therefore, not all of our
securities, products or services may be
available to you. Please review this Legal
are not a government website or body. We are
private agents assisting NRIs, PIOs & OCIs to
apply for their Pan Cards for monetary
benefits. Ours is a helping agent role, and
the final decision and consequences based on
our information is solely yours.
Use of this website constitutes your
acceptance, that you have gone through the
Disclaimer mentioned in it.
| | India
Investment ebook | Investing
Risk Questionnaire || India
Stock Market Live | Online
Trading Account | How
to Invest in Mutual Funds | ESOP | Start
Business in India |What
is a MIN? |