Anyone filing an income tax return or wishing to conduct a financial transaction for which a PAN quotation is required must have a Permanent Account Number, or PAN. The Income Tax Department, which is supervised by the Central Board of Direct Taxes, issues PAN cards to non-resident Indians (NRIs). PAN cards are unique 10-digit alphanumeric identity codes. It may also be used as a reliable form of identification.
A large number of Indians have migrated abroad throughout the past century, mostly in pursuit of employment. These days, non-resident Indians, or NRIs, are dispersed throughout practically every continent, contributing to the global economy and exhibiting their talents.
Required Documents for NRI PAN Card
Applications When requesting a PAN card, NRI applicants must provide the following paperwork:
- Two current passport-sized photos
- Proof of foreign address
- Copy of an overseas bank statement
- Passport Copy
How to Apply for a PAN
If You’re an NRI To ensure that an eligible NRI doesn’t have to waste time chasing after it, the Income Tax Department has streamlined and expedited the entire PAN application process. Applying for a PAN only requires a few easy procedures for an NRI.
- Step 1: To begin the application procedure, an applicant can visit the official website of UTIITSL, also known as TIN-Protean eGov Technologies Limited.
- Step 2-An NRI should utilize Form 49A as they are citizens of India, submitting the form with the essential details.
- Step 3: The form must be filed with the required paperwork, which includes evidence of age, proof of address, proof of identification, and pictures.
- Step 4: You must pay a cost of Rs 107 (if the communication address is in India) or Rs 989 (if the delivery destination is outside of India).
- Step 5: An acknowledgment number will be generated following payment and can be used to monitor the progress of a specific application.
How Can I Apply Online for a PAN Card for an NRI?
- Go to the homepage of the TIN NSDL website and click on the “Online PAN Application” tab.
- From the two alternatives presented, choose Form 49A, the form for Indian citizens. It will open a page with instructions.
- Pay close attention to the directions. Use the drop-down option at the bottom of the page to choose the applicant type. It will open in a new tab, an online form.
- Fill out the appropriate information, being careful to adhere to the form’s instructions. There will be an opportunity to examine the information once the form has been filled out. If the facility is applicable to you, upload the necessary paperwork (if you have a DSC signature). Click “Submit” once you’ve reviewed the data.
- You can pay the processing charge with a credit card through the opening of a payment gateway. An Indian bank check or demand deposit (DD) is another option for payment.
- A screen acknowledgment that was generated automatically will show up. Take a print of the acknowledgement and insert two photos into the designated slots.
- If you haven’t uploaded copies of the documents, attach the documents and sign the acknowledgement in the sections designated for that purpose.
- If you haven’t paid by credit card or net-banking, send the acknowledgement and any other supporting documentation to the address listed on the acknowledgement together with the check or DD.
- Within 21 working days of receiving the acknowledgement, the PAN card will be mailed to the address indicated on the form.
Method of Payment
A registration fee of Rs. 110 will be charged if you have specified that your communication address is in India. Credit cards, debit cards, demand drafts, and net banking are all accepted methods of payment. A registration cost of Rs. 1,020 will be charged if your communication address is located outside of India. Debit cards, credit cards, or demand drafts are the available payment methods. You must make your demand draft payable to Protean eGov Technologies Limited-PAN in Mumbai if you choose to pay by that method. Please be aware that we are unable to process payments using credit cards from outside at this time.
PAN Card Office Contact Information Below are the PAN office’s contact details:
Head Office (TIN) of Protean eGov Technologies Ltd Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, PIN – 400013; Times Tower, First Floor, Kamala Mills Compound.
Protean eGov Technologies Limited is the manager of the PAN/TDS Call Center for the Tax Information Network (TIN).
Mantri Sterling – 4th Floor, Plot No. 341, Survey No. 997 /8, Model Colony, Near Deep Bungalow Chowk, Pune – 411 016″ 02027218080 is the phone number. [email protected] is the email ID.
Complete the Pan Application Form: Dos and Don’ts
DO’S
- Don’t forget to use only black ink and block letters when entering your information on the application form. Instead of passing through the applicant’s face, the signature should stay inside the box.
- Give the correct AO code. Clearly demonstrate your identity and address.
- Most importantly, you need to make sure that the information on your identity document corresponds with the information on your proof of address.
- Should the candidate be underage, the applicant’s legal agent must submit proof of identity and proof of address.
The DONT’S
- The application form should not be altered or overwritten.
- When giving your details, exercise caution. With the correct adhesive, attach your photo on the form. Keep the photo off the application form by not taping or pinning it.
- Never sign your signature below a date or location.
- Your husband’s name should not be entered in the “Name of the Father” field. Applying for a PAN Card is not necessary if you already own one.
Does possessing a PAN make an NRI required?
An Indian citizen who has traveled or settled abroad for a set amount of time is known as a non-resident alien (NRI). Education and work are the main drivers of immigration, yet non-resident Indians (NRIs) are still Indian citizens and possess an Indian passport. It is estimated that there are around 3 crore NRIs in the world.
Yes, having a PAN is not required for all NRIs; nevertheless, in order to submit taxes, an NRI must have a source of income in India. Rent, stock dividends, mutual fund returns, and so on could all be examples of this income. While applying for a PAN card and keeping it close at hand is advised, other non-resident Indians (NRIs) who do not currently have a source of income in India are not required to have one.
PAN’s advantages for NRI’s
According to the list of benefits that follow, a PAN is an essential form of identification in the nation. Being required for all taxpayers, a PAN streamlines the process of filing taxes. Investments in mutual funds or securities by NRIs require a Pan-Asian PAN is needed in India while buying a car or piece of real estate. Payments over a specific threshold necessitate PAN. The KYC process is made simpler in most institutions when you have a PAN.
Duration of a Non-Resident Indian’s PAN issuance
After properly paying the cost and submitting the required paperwork, an NRI may take up to 15–20 days to acquire their PAN. The application’s specified communication address is where the PAN will be sent.
Vital Information to Remember
If you have given an address abroad, kindly confirm whether Protean eGov Technologies Limited mails PAN cards to the nation where you currently call home. Protean eGov Technologies Limited currently mails PAN cards to 99 different countries. Make sure the acknowledgement gets to Protean eGov Technologies Limited within 15 days of the online form being filled out. Rs. 107 is the application price for an NRI PAN card for residences within India. There is a cost of Rs. 989 if the PAN is to be sent to an address abroad. It should be noted that NRIs applying for PANs should bear in mind that Form 49AA is only to be utilized by citizens of other countries.