We have Introduced ApplyPanIndia.com to help all NRIs/ PIOs/ Foreign Nationals across the globe to get PAN card in India. India being one of the profitable Investment country attracts people around the world to Invest here. Investment in deposits, shares, equities etc. require PAN card.We are working under a brand name of Parsh Tax Solutions LLP, a Limited Liability Partnership registered under LLP Act,2008.
What is PAN Card?
PAN card is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to any "person" who applies for it. It is like a Indian TAX number. PAN is a unique number that facilitates linking of various documents, tax payments etc.
It is almost mandatory for all Financial transaction, Bank Account Opening, sale or purchase of assets etc. These days PAN card is frequently accepted as Valid ID proof while travelling in India and at various other places.
Myths about PAN Card
Holding PAN card will not automatically open up your tax file with Income tax Department. It is just a tax number issued by Government of India. It is also not mandatory to regularly file your Income tax return if you hold Indian PAN card.
Getting PAN Card is one time process
PAN card is one time process and need not to be applied again and again. There are no annual Charges on Indian PAN card. You may have to apply for Duplicate or updated PAN card in case you have lost your card or there are some changes to your existing detail.