To apply for a PAN card, OCI card holder will have to perform the following steps:
Recently when my friend asked me can OCI have PAN Card, I researched about it online. I found that yes, Overseas Citizens of India (OCI) are eligible to get a Permanent Account Number (PAN) card in India. To apply for the same they have to fill Form 49AA.
The Income Tax Department of India issues PAN cards, which are distinct 10-digit alphanumeric identification numbers. It is necessary for several financial transactions, including opening a bank account, filing income tax reports, and carrying out business activities within the nation. OCI cards are eligible to apply for and obtain a PAN card because they possess many of the same rights and benefits as Indian nationals.
I informed the following steps to my friend for in order to apply for a PAN card as an OCI cardholder:
I hope this answers your query can OCI holder apply for PAN Card.
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Sorry, you cannot vote on the same answer more than once. β€οΈ Love this π Well said π‘ Insightful π Very helpful We got your reactionIf you are wondering how to get PAN card for OCI holders, I can tell you the process. As an OCI holder, you can apply for a PAN card by following these steps:
The PAN card application fee for OCI holders is βΉ1020.
additional tips for applying for a PAN card as an OCI holder
Once you have submitted your PAN card application, you will receive a PAN card acknowledgement number. You can use this number to track the status of your application online.
You will typically receive your PAN card within 15-20 days of submitting your application.
Here are some of the benefits of having a PAN card as an OCI holder:
I hope this helps you understand how to get PAN card for OCI holders.
Sorry, you cannot vote on the same answer more than once. β€οΈ Love this π Well said π‘ Insightful π Very helpful We got your reactionI think you must already know that every person who earns money in India is granted a Permanent Account Number (PAN), which is a 10-digit alphanumeric number used to pay income taxes and qualify for government benefits. But if you are an OCI card holder and are wondering about OCI card holder PAN card,
you must complete Form 49AA if you are an OCI (Overseas Citizenship of India) and want to apply for a PAN card.
I will go through every aspect of the PAN card for OCI citizens in this answer.
Yes, if you are an OCI, you can apply for a PAN card by filling out the form
49AA, which may be accessed from the websites of UTIITSL (UTI Infrastructure and Technology Services Limited), Protean eGov Technologies Limited, or NSDL (National Securities Depository Limited) e-Governance.
In order to make it simpler for applicants to submit the PAN card application, Form 49AA comprises 17 sections and a number of subsections. The following actions must be taken to apply for PAN card for OCI holders.
This is all you need to know about
OCI card holder PAN card.
Sorry, you cannot vote on the same answer more than once. β€οΈ Love this π Well said π‘ Insightful π Very helpful We got your reactionI had a friend who was an OCI holder and was hesitant to apply for a PAN card, even though he had a source of income here in India. So, I explained to him that even though you live overseas, you will require a PAN to file tax returns if you have an income source in India. Real estate rentals, stock dividends, mutual fund returns, or a company in India are all possible sources of this income. If you intend to make any kind of investment in India, although you do not currently have a source of income there, it is still beneficial to possess a PAN card. I will explain to you all that I know about PAN card for OCI.
If you are a foreign national seeking to obtain a PAN card in India, you must first complete the form. You can fill out form 49AA by going to the TIN-NSDL website. Individuals with foreign nationalities, OCI holders, and PIOs must use this form to obtain a PAN Card.
If they do not have a residential address in India, you may supply the location where you are now staying. Otherwise, you must mention your residence address in both cases. Additionally, you must fill out the form with your communication address.
PAN card for OCI
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