PAN Registration
Table of Contents
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.