Find your PAN here & apply: http://www.nripan.com/know.html

If you’ve lost your old Pan Number then you will most definitely have to apply for a duplicate Pan Card number. That is of course,until and unless you are some sort of genius who has managed to memorize the highly complicated eleven digit number which consists both of alphabets and numerical.

Moreover, the process cannot be avoided because whether you are an NRI or an Indian citizen you need a PAN number as it is an important means of identification. People use it as a photo identity in just about every situation such as the Railways, LIC, exams, for opening bank accounts etc. What is more, it also doubles as an age proof certificate, so you can use this instead of a birth certificate.

What is a pan?

So what really is this PAN card and why is it so important? A PAN card is issued by the Government of India – the Income Tax Department of India to be precise. It is pretty similar to the Social Security Number which is issued to citizens of the United States by the IRS.

The card contains a number which is the PAN number and this number is embossed on the card. It also contains other details like nameof the card holder, father’s name, passport sized photograph, signature and date of birth as well.

This card is important because anyone wishing to conduct any form of transaction which involves sums greater than or equal to fiftythousand Indian Rupees needs to furnish this card. If you would like topurchase property, invest in mutual funds, stocks, shares, bonds etc. you need toshow this card.

Basically, the concept of a PAN number was started by the Indian government to find out who was or wasn’t paying their taxes and whether anyone was evading taxes. It was also done to find out the amount of tax generated in the country. But basically it was done to see who was performing nefarious activities.

How to retrieve a pan number?

As can be deduced from this information, having a PAN number is extremely important. So, if, for any reason, you have misplaced your Pan card, you should apply for a duplicate one without any delay. It is advisable to contact a broker firm for help because the process of getting a PAN card is slightly complicated. What ismore, keeping track of all the proof you have furnished to get the PAN card number is also quite a task, therefore getting help from a broker is really useful.

Of course, you have the option of not getting a new PANcard number, but this would mean you are handicapped – conducting any monetary transactions of a significant nature is impossible without it. If you can remember your Pan Card number, there is still some hope, but if you are in asituation where you can’t do that, then this spells trouble.

It also makes sense to get a new PAN card because theprocess has been brought online. Of course if you are more comfortable with the offline process, you are welcome to do it that way as well. The Income Tax authorities have modified the procedure to make it a bit simpler and brokers who know their way about this process can easily help you out.

The broker will have crucial links which can help you trace your missing PAN number as quickly as is possible. All you have to do islocate the details online and take the necessary printouts. From thereon, the application process becomes quite simple. You could also choose to go to the government directly, but that is quite a hassle. So for best results, do approach a broker.

What is a NRI Pan Number (India TAX ID)?
PAN Number is a ten-digit alphanumeric number that can be considered as a Indian TAX ID, which is issued in the form of a laminated card, by the Indian Income Tax Department.

Is it Necessary for NRIs to have a PAN Card?
With effect from April 1st, 2007, it is now compulsory for all NRIs & Foreign Passport holders to quote a PAN number if they are carrying any kind of financial OR investment related transactions in India. If you don’t have a PAN card, then tax shall be deducted @20% or as per the prescribed rate in finance act – whichever is more.

Is it necessary for NRIs to file taxes in India if they have a PAN Number?
You PAY taxes only if you generate income from India. Filing taxes does not mean you pay taxes. Filing tax returns & paying taxes are 2 different things. But, it is always advised to file ZERO taxes even though you are not making any money in India, as it enhances your credit history and credibility in the govt’s eye & helps you get loans out of India.

Benefits of a PAN Card for NRIs.
Having a PAN number does not bring any benefits, rather it is a compulsion laid by the Income Tax Department for NRIs, PIOs & OCIs.

Other USES: You need a PAN if you want to open a Demat or bank account, get loans, Buy-Sell real estate, enjoy income from rent, get foreign remittance, invest in India, etc.

NRIs, PIOs & OCIs

CLICK HERE TO APPLY NOW.!!

Got Questions about your PAN Number, ask: www.PanCardNri.com

Learn what are the required documents for applying a pan card.

To get back your lost pan card, you need to fill out the lost pan card information form for accurately providing your name and birth details as well as the name of your father. By completing these formalities you can get back your lost pan card number as it not easy to remember the long alphanumeric number by heart. Without a pan card, you may not be able to undertake any financial transaction in India these days.

The pan card has been introduced to account for every financial transaction starting from the opening of a bank account in India. To stop and also to account for all financial dealings as well as buying and selling properties, a pan card is essential in India nowadays. By quoting the number you can be assured of the transaction being recorded with the income tax authorities. To get back your lost number you also need to furnish other details and documents.

You would have to provide two stamp-sized recent photographs of yours as well as make the pan processing payment by check, cash or credit card if you are a non resident Indian or an NRI. With all the information listed above and the photograph, you can check the website pancardnri.com for sending to the income tax circle or ward under whose jurisdiction you are. You can also send an email and get a reply for any query you may be having.

There are advisors both online and also at the land based office to guide you along the simple and easy steps. If you are wondering whether the systems in India would be too much of a worry with red tape and things like that, then it is a thing of the past as things have been streamlined in the last few decades. The system has been made simple and it is easy to find that your problems can be solved in the shortest possible time.

Processing time to receive the permanent account number: Get within 15 working days

By staying abroad, you can apply online and get your lost card within 10 to 15 working days. It is best to get your lost pan card without much delay as any financial transaction or doing business in India requires you to have one. This is a common worry among most non resident Indians as most of them left India during the time when bureaucratic red tape was common.

In case you had lost a government paper or document two decades ago or more than that, you would have had to run from pillar to post to get a replacement. But times have changed and there are tens of thousands of people wanting to come over to India to do business or for employment as resident CEO’s of foreign multinationals.

More and more foreign companies wanting to do business with India are preferring people settled abroad with ancestral links to the country. PAN is permanent account number and it has to be quoted for all financial dealings. It is absolutely necessary for all NRI’s to apply for one and having it with you can make your stay in doing business sin India far easier than you would have imagined.

]]> http://nrifinanceguide.com/2010/08/29/how-to-register-for-a-pan-card-number-online-both-new-lost-online/feed/ 2 ni2financial http://nrifinanceguide.com/2009/12/07/know-pan-find-pan-number-without-any-pan-proof-in-india/ http://nrifinanceguide.com/2009/12/07/know-pan-find-pan-number-without-any-pan-proof-in-india/#comments Mon, 07 Dec 2009 14:34:02 +0000 NriFinanceGuide http://nrifinanceguide.com/?p=835 ]]> There are many people who are having a hard time remembering their old pan numbers, especially if they have lost their pan card or do not remember the old pan number. Finding out the correct pan is not only a difficult task but also very tedious if one doesn’t have any proof of the pan allotted to him. The good news is that there are a few brokers who can assist you to help you know your pan, if you have no pan proof at all.

Are you asking any of the below questions to yourself:

What is my pan number?

I want to know my pan?

How to find my old pan number online?

How to know my pan number?

Well if any of the above questions is coming to your head, then let us tell you that you have come to the right article where you will know the way to find your permanent account number.

The Income Tax Department has made it possible for users to find out the old pan number which was allotted to them, especially if the pan holder says that I do not remember my pan card number.

Are you ready?

Yes I want to know my pan:

http://www.nripan.com/know.html

On the above link you can go and put in your pan questions or inquiry, and they will get back to you with your pan number, which for some reason you are unable to retrieve online.

In a case where you are frustrated in knowing the pan number, you may go to the link above and find your pan details. Once you have those details you can take a print out and then apply for a replacement/duplicate pan card online. Best option is to go directly to the government to apply for such a tax number from India or you can take help of a broker like: www.PanCardNri.com

You would have to provide such a pan proof that you have fetched/retrieved online, and along with this proof you can attach a passport copy as an ID (identity) proof along with an address proof. If you are a NRI or a foreign passport holder (OCI or PIO) then also you can apply for such a duplicate pan card even though you do not have any address proof in India, meaning you can still acquire and update your existing pan card without having any Indian address proof.

Do not worry if you cannot find pan no or a way to locate your pan, as now you can go ahead and find your pan by address, pan with address, pan with date of birth, etc.

Enjoy yourself and happy applying.

PAN Number for NRIs, PIOs & OCIs

A Permanent account number card is a card given by the IT Department in India. PAN Number stands for Permanente Account Number. A PAN card has made it much easier for the Income Tax Department to keep track of the people’s tax related transactions and other things as well. It can work as a personal ID for the person also. A PAN number is 10 digits and it is alphanumerical. It is very unique and no two people will have the same PAN number.

What is a PAN?

I PANcard in India can be compared to a SSN in the US. They are very similar. You need to have a PAN number for financial transactions, taxes, investing, and many other things. For Indians living abroad, that want to invest in India, you all need a PAN card. Even though a PAN card comes from India, you do not have to be in India to obtain one. If you have a PAN enquiry then you write into one of the pan assistance providers (agents/brokers) like: www.PanCardNri.com and you can get a pan application form and apply for a pan card online from anywhere in the world. Once you get one from them, then you can also track the status of your pan card too.

You can’t open a bank account in India without a PAN card. You do not have to be an Indian citizen to have a PAN card; you can also be a citizen of other countries. To obtain a PAN card, you just need to fill out a simple form, provide a few documents, the fee, and two passport size photos. The easiest way to provide address proof for getting a PAN card is to provide a bank statement. It has been made very simple to get a PAN card so that more people can get a PAN to invest in India.

Is it Necessary for NRIs to have a PAN Card Number?

It is now compulsory for all Indians to have a PAN number as per the IT department of India. Everyone wanting to invest in India now, must have a PAN number as well. As per the Indian Tax Department, it is now necessary to have a PAN number in order to file your taxes in India. You need it when filing for you tax returns, most kinds of investments, and other financial transactions. When investing, a PAN card is needed when you open a Demat Account, invest into stocks, purchase or sell shares, purchase or sell mutual funds, or investing in other assets in the market. Other reasons you need a PAN is to buy real estate, to open a bank account, to get a loan, getting a passport, getting a visa, and to receive money from abroad.

Is a NRI (Non Resident Indian) required to file taxes in India because he has a PAN card?

So far, it is not required for an Indian to file even if he holds a PAN card. You only need to file taxes if you have an Income generated in India. When you file taxes, it does not mean that you will always be paying taxes. If you don’t make any money in India, you can file zero taxes. When you do this, it makes you have better credit and it makes it simpler to get a loan.

PAN stands for Permanent Account Number (PAN) which is a 10 digit alphanumeric number issued by the Income Tax Authority of India in the form of a laminated card. It’s compulsory to quote PAN in all financial & investment related plus tax related transactions carried in India & on return of income. It can be considered as a Indian TAX number, like a SSN in the U.S.A.

Due to the interest rates in India, many Indians that are living in the US and many other countries are investing money into India. The interest rates in India are 5% higher than in the US. Although many Indians are investing in India, there are some things that they must take care of before doing so. The first thing that you will need is a PAN card. PAN stands for Permanent Account Number. It is required, when investing as well as many other things, which all Indians can quote their PAN. I can let you know the procedure for obtaining a PAN card in this article itself.

You do not need to be in India to apply for a PAN card, you can do it just as easily from abroad. A PAN card is necessary for a lot of different things, but can also just be used as a form of Identification. A PAN card is necessary for NRIs, OCIs, and PIOs. Even foreign citizens with Indian origin can have a PAN card. To apply for a PAN card, you will need the application filled out, two passport size photos, address proof, the fees to submit your PAN card, and a passport copy. Bank statements are the easiest proof of address. Any other address proof should be apostilled of attested by the Indian embassy. The application for a PAN card is made very simple so that you can quickly fill it out.

There a many brokers who are appointed by the IT Department to submit your PAN card forms on behalf of you. Websites such as: pancardnri.com, nripan.com, pancardonline.com, and nri-account.com/pan-card.html are brokers willing to help you obtain a PAN from abroad. This will require you to mail or courier these documents to them. A courier is recommended because then you can track your important documents. Usually an applicant will receive their PAN cards by a speedy post mailed by the PAN department. This takes about 15 business days.

Again, a PAN card is used for a variety of things.

·Shopping for high priced items

·Filing for your income tax returns

·Investing in India – To trade shares, buy mutual funds, insurance, apply for loans, open demat account, etc.

·Real estate and the buying and selling of property in India

·And many more things

It is always better to obtain your PAN card sooner than later because the process for obtaining them might get more and more difficult or more expensive. It can be a very simple process, just contact one of the brokers I have mentioned above and get started. These brokers and extremely friendly, prompt with their responses, and get the job done in a very timely manner.

The Permanent Account Number (PAN) is a revolution, started by the Income Tax Department, and spreading far and wide today. It has become an indispensable tool of the IT Department, in not only identifying the tax payers, but in a load of other means as well, some of the benefits of having a pan number are:

• Paying tax / Filing tax returns
• Operating DEMAT account
• Depositing more than Rs.50, 000/- in the bank
• Investing in the financial market and/or post office savings an amount exceeding Rs.50, 000/-
• Sale or purchase of motor vehicles (excluding two wheelers)
• Sale or purchase of immovable properties worth Rs.5 lakh or more
• Applying for a new telephone connection (landline and cellular)
• Paying Rs.25, 000/- or more against hotel/restaurant bills

Is it compulsory for NRIs to have a PAN number?

PAN acts as your personal ID proof and enables you to check if you have paid all the taxes till date. Many feel that having a PAN implies that you have to pay tax. While the converse of this is true, this is not. You have to file IT Returns, only when you have a taxable income, or are getting any such income.

Thanks to technology, applying for and getting a PAN has, today, literally become a child’s play. All you need to do is submit your details in ‘Form 49A’ of the IT Department to any of the PAN facilitation centers in your locality. This form may be a Xerox copy or downloaded.

You can also apply for PAN online by just visiting the either of the sites: www.PanCardNri.com
http://www.utiisl.co.in/pan/,
http://tin.nsdl.com/.

UTIISL and NSDL are the two authorized agencies to accept applications and begin processing PAN.

Usually it takes about 2-3 weeks for your PAN to be delivered at your doorstep, however if you require the same urgently, you can opt for TATKAL PAN by paying the charges applicable through your credit card. The fees payable is only Rs.60/- plus service tax, presently @ 12.24 per cent, totaling Rs.67/-.

Where to apply for the Lost pan & for corrections in a PAN?

Incase you have lost your original pan card then a duplicated can be applied by going to:

http://www.pancardnri.com/lost-pan-card.html

Also if the applicant wants to get some kind of pan correction or address change in his pan card then the same can be done by going online this site:

http://www.nripan.com/pan-correction.html

PAN Card for NRIs, PIOs & OCIs

Permanent Account Number (PAN)is a typical ten-digit alphanumeric code that acts, more than anything else, as your personal identity card issued by the Government of India. A typical PAN would read like ‘ABC123456D’. PAN is considered to be similar to the social security number issued by the US Government to all its citizens.

PAN issued by the Income Tax Department of the Government of India, is issued primarily for fulfilling an individual’s financial obligations and transactions. The following persons MUST have a PAN:

• Any person whose total income, or the total income of any other person in whose he is assessable (as in the case of HUF) under the Act exceeds the maximum amount that is not chargeable to tax; or
• Any person carrying on any business or any other profession whose total turnover, total sales or gross receipts is likely to exceed Rs.5 lakh, or has exceeded the same amount in the previous year; or
• Any other tax paying person

The requirement for applying for PAN has now been extended to the whole of India.

A person is required to quote PAN for the following transactions:

• Any dealings with the IT Department like filing of returns, challans for payment of any tax or sum due to the department etc.
• Certain notified transactions

PAN is also required for activities such as:

• Opening an account
• Getting a phone line
• Receiving salary or professional fees
• Prevent tax evasion by keeping a track of monetary transactions

PAN, once obtained is permanent and is unaffected by change of address.

Frequently Asked NRI Questions:

Q. What is the purpose of having a PAN under the new series?

A. PAN will help you have easy transactions and dealings with the IT Department and other Government organizations.

Q. What is PAN under the new series?

A. PAN is a unique, personal, permanent, ten-digit alphanumeric identification number issued by the IT Department of the Govt. of India. Under the new series, PAN is being used to replace the old PAN or GIR number.

Q. Who is to have a PAN? Or Who must apply for PAN?

A. The following persons must have/apply for PAN:

• Individuals
• HUF
• Companies
• Partnership Firm
• Association of Persons
• Body of Individuals
• Trusts
• Artificial Judicial Persons
• Representative Assesses

Q. How to apply for PAN?

A. You are required to fill up the details asked for in Form 49A of the IT Department. You can also download the same from the department’s website. While filling up the form, you are required to furnish the following information:

• Full Name (initials should be expanded)
• Date of Birth (in case of individuals only) / Date of Incorporation or formation (in case of companies etc)
• Father’s full name (in case of individuals)
• Married women are also required to provide the full name of their father
• In case of NRI, the applicant is to get her/his ID and address proof attested by the Indian Embassy in their respective country.

Q. Where to apply for PAN?

A. You can apply to the Assessing Officer, IF already taxed; or to the Assessing Officer dealing with new taxpayers, IF you have not been taxed earlier.

Q. What will the PAN Card contain?

A. A typical PAN, apart from having the number would contain your name, date of birth, father’s name, your photograph and your signature. In case of other taxpayers, the card would have the PAN, name and date of incorporation or formation.

Q. Can a person, under the new series, have more than one PAN?

A. Please note (and remember) that no one can have more than one PAN. Failure to comply with this rule shall attract a penalty anywhere between Rs.500/- and Rs.10, 000/-.

Q. When is it compulsory to quote PAN?

A. Any and every person having a PAN is required to furnish the same:

• While filing returns to the IT Department;
• Any correspondence with the IT Department regarding challans for payment of direct taxes
• Opening a Bank account
• Acquiring a telephone connection (landline and cellular)
• Selling or purchasing a motor vehicle
• Selling or purchasing immovable property worth Rs.5 lakh (INR 500,000/-)
• Bank transactions exceeding Rs.50, 000/-
• Transactions with Post Office exceeding Rs.50, 000/-
• Selling or purchasing securities (shares or debentures etc.) whose contract value exceeds Rs.10 lakh (US$ 1 million)
• Paying hotels or restaurants amount exceeding Rs.25, 000/-

You must also furnish PAN, if tax is being deducted at source, to the person deducting your tax, so that the same could be mentioned in the TDS certificate.

Q. Do I need to apply for PAN when moving from one city/state to another?

A. While you are not required to apply for PAN while changing your residence, you are to inform about the change to the Assessing Officer for transfer of your PAN and other documents to the new Assessing Officer.

The following will be asked before giving you your number:

• First Name

• Middle Name

• Surname

• Date of Birth

You will be asked these things for identification reasons and for finding your application.

Just visit this website: https://incometaxindiaefiling.gov.in/knowpan/knowpan.jsp

Incase you are an NRI – Non Resident Indian or a PIO – Person of India origin and you cannot still find more information on your PAN number, then you may consult some private PAN assistance broker firm at:

www.PanCardOnline.com

How can NRIs go about Applying for a Indian IT PAN Number?

Applying is very easy. In every town where there is an Income Tax Department, there is now an Income Tax PAN Service Center too. This has been set up specifically for handling PAN cards and PAN numbers. If the city is a bigger city than most, there will be two centers there. Just visit one of these centers and get you PAN taken care of. If you still have trouble finding it, you can get addresses and more information off of the Income Tax Office’s website. If you don’t know it, it’s incometaxindia.gov.in.

Or you may check out these private PAN brokers at:

www.NriPan.com

www.PanCardNri.com

The center will only take applications that are completely filled out, don’t have any mistakes, and are submitted with the necessary documents. Make sure that you double check the application before you submit it. The Income Tax Department is the one that will allot the number that you will be given. Overall, you are obtaining your PAN from them. You should go to the Income Tax PAN Service Center near you to obtain a PAN card or make any changes in your details.

PAN Card for NRIs, PIOs & OCIs

Do you have to give up the old PAN card when a woman marries and her name changes?

You do not have to get rid of the old PAN card because it is your permanent account number. However, if a woman were making legal changes to her name, then it would be wise to surrender it and apply for a new PAN card.

If only your address is changed after marriage and your name stays the same legally, the it is not necessary to get a new PAN. You should get the address changed though. You can get the download form by clicking here.

Submitting the application for “New PAN Card Request” or “Changes and Corrections in PAN card data”?

You can submit the applications when you already have PAN but need a new one or when you need to make a change or correction to your PAN data.

Will there be any charges for these forms?

• This form is a free download from pancardonline.com.

• There are fees in submitting this form. You will need to pay Rs. 717(plus any taxes & other required fees placed on it) to nripan.com for processing fees while submitting the form for New PAN Card Request and Changes and Corrections in PAN details.

Can a NRI – non resident Indian get a new PAN card without making changes in the data?

• Incase you are a OCI, PIO or a NRI and if you have lost your PAN card or if you have a PAN number, but do not have your PAN card yet, then you will need to fill out everything in the form.

If there are any changes or corrections in the PAN details?

• The boxes on the left side margin need to be checked only if changes need to be done to the data. If there are changes, then a mistake was made and it needs to be resubmitted.

What documents need to be included when submitting the form?

1. You will need proof of PAN number (see the top of the form)

2. You will need proof of any PAN card that you have given up in the past, if available

3. You will need proof of identity

4. You will need proof of your address

5. and you will need proof supporting the changes you need to make, if any

Documents that can be accepted as proof of PAN?

1) You can use a copy of your PAN card

2) You can use a copy of your PAN allotment letter

There are no other documents that can be acceptable as proof of your PAN.
If you cannot provide any form of proof, then the application can taken on a good effort basis.

It is necessary to include a photograph?

Everyone should always include a color photograph, recently taken (size 3.5 cm x 2.5 cm) in the space on the form. Do not staple or paper clip the picture to the form. The clearer the image on the form, the clearer it will be on the PAN card.