Tuesday, December 21, 2010

how to apply pan card

What is a Income Tax PAN & Why NRIs need a IT PAN Number?

PAN or Permanent Account Number is a ten-digit alphanumeric code generated by the India's 'Income Tax Department', that is required by anyone and everyone who wish to conduct any kind of financial transaction in India. Even those whose ├»¿½financial transaction├»¿½ is limited to paying income tax require it! PAN is required if you wish to enter the Indian Share Market. This is true for NRIs - Non Resident Indians living abroad too, who wish to make investment in India, buy property/house in India, open bank account, demat account, rent out a property etc. to know more about
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