A PAN is mandatory for every individual who is required to file a return, and also for those who want to carry out a financial transaction for which the quoting of PAN is necessary. An NRI (non-resident Indian) also requires obtaining a PAN if he falls into either of the above categories. The procedure to […]
Tag: pan card
Do NRI’s Require Pan Card to Sell Property in India?
Property is an important resource, and for ages, it has been an exceptionally time-consuming and taxing process to sell property in India from overseas. One faces procedural difficulties only due to the dearth of accurate information regarding the process. But in order to encourage greater investment in the real estate sector, the Indian Government has […]
Should we link Aadhaar card with the PAN card?
The Aadhaar card is a Unique Identification that collects the biometric data of the user and gives a 12 digit unique number to them. The operation is looked after by the Unique Identification Authority of India (UIDAI). On the other hand, PAN which is short for Permanent Account Number is issued by an Assessing Officer […]
IMPORTANCE OF PAN CARD
A unique alphanumeric identity which is allotted to each taxpayer is the Permanent Account Number (PAN). It is a 10 digit no. which is provided by the Central Board of Direct Taxes. Presently it is one of the most important documents which acts as financial identity proof for each of monetary transactions. Whether you have […]