An NRI can apply for PAN card in India online. Let’s go through every intended question, which the non-residents often think about in its context.
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Do Emigrants Need PAN Card for Paying Tax in India?
Do you think PAN (Permanent Account Number) is the only access card to income tax payment system? However, it is but not the only access ticket to the tax payment gateway.
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NRIs without PAN Will Not Be Charged Higher TDS
Indian diaspora is scattered across the globe in big count. Alone, Germany houses 35000 NRIs. In Switzerland, this count is estimated around 13,500. And this figure jumps upto 2,226,585 in the US while in UK, it’s 1,051,800. A mammoth part of Indian population lives abroad. Many of them are still connected to their roots here. Property investment, their capital investment in shares, NPS and other finance schemes paint the apparent picture of their firm connectivity.
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