This article is based on PAN card and how can NRIs apply for it. We have jotted down some of the most commonly asked questions and have tried to give the best possible answer.
• What is a PAN card?
Permanent account number is a 10-digit identifier which is issued in the form of a PAN card.It is a card which gives a universal identification to all monetary transactions.
• Is it important for an NRI to have a PAN card?
It is not mandatory for an NRI to have a PAN card unless have a source of income in India. The income could be in any form (rent, investments etc). It is generally advised that NRI’s have a PAN card because of the following reasons
• How to apply for a New PAN card?
It is important to note that one should apply for a new PAN card only when the applicant has never applied for it before.
To know more detail you can visit How to get Pan Card for NRI ? on NRIGO.
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