PAN Registration
PAN Registration for NRIs – N D Savla & Associates
A Permanent Account Number (PAN) is mandatory for Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and foreign nationals who earn taxable income in India or intend to conduct specified financial transactions. At N D Savla & Associates, we provide professional support for PAN registration for NRIs, ensuring smooth application, correct documentation, and hassle-free processing under the Income-tax Act, 1961.
Overview
A PAN card is a unique 10-digit alphanumeric code issued by the Income Tax Department of India. It is essential for:
Filing Income Tax Returns (ITR) in India
Buying or selling immovable property in India
Investing in mutual funds, shares, and securities
Opening NRE/NRO/FCNR bank accounts
Repatriation of funds from India to abroad
Without PAN, NRIs are subject to higher TDS deductions and may face restrictions in financial dealings.
Features
End-to-end support for new PAN registration for NRIs/foreign nationals
Guidance on whether PAN is mandatory in specific cases
Filing of Form 49AA with accurate documentation
PAN corrections/updates (change of overseas address, marital status, etc.)
Linking PAN with Aadhaar (where applicable)
Support for using PAN in property transactions, investments, and ITR filing
Documents Required
Copy of Passport (mandatory identity proof)
Overseas address proof (foreign bank statement, utility bill, residence card)
OCI/PIO card (if applicable)
Two passport-size photographs
PAN application form (Form 49AA) duly filled and signed
Indian proof of connection (optional, e.g., property documents, bank accounts)
Procedure
Eligibility Check – Determine PAN requirement based on income/transactions.
Form Preparation – Fill Form 49AA for NRIs and foreign nationals.
Document Submission – Attach passport, overseas address proof, and photographs.
Processing & Verification – Documents verified by NSDL/UTIITSL.
PAN Issuance – PAN allotted and delivered to the overseas/Indian address.
Post-Issuance Support – Ensure PAN is updated with banks, investments, and property transactions.
Why This Matters
Without PAN, NRIs may face higher tax deduction, difficulty in repatriation, and restrictions in investments or property dealings. With N D Savla & Associates, your NRI PAN registration is handled professionally, ensuring smooth financial transactions and full compliance with Indian laws.
F.A.Q.
PAN (Permanent Account Number) is a 10-digit alphanumeric number issued by the Income Tax Department. It is mandatory for filing income tax returns, opening a bank account, investing in shares or mutual funds, buying property, and carrying out high-value financial transactions in India.
Individuals, partnership firms, LLPs, private limited companies, trusts, societies, and even NRIs earning income in India are required to obtain PAN. Any person or entity liable to pay tax in India must have a PAN.
Typically, PAN is allotted within 7–15 working days after successful submission and verification of documents. E-PAN is usually issued faster via email.
For individuals:
Proof of identity (Aadhaar, Passport, Voter ID, etc.)
Proof of address
Date of birth proof
For companies and firms:
Certificate of Incorporation
Partnership deed or LLP agreement
Address proof of business
Document requirements vary based on applicant type.
Yes. Non-Resident Indians can apply for PAN if they earn income in India or plan to invest in Indian financial markets. Passport and overseas address proof are generally required.
For Indian citizens, Aadhaar is generally required and must be linked with PAN. However, foreign nationals and certain categories may follow alternate documentation procedures.
e-PAN is a digitally signed PAN card issued in electronic format (PDF), while a physical PAN card is a printed laminated card delivered to your address. Both are legally valid.
