Permanent Account Number or Pan Card is a unique 10 digit identification allotted to each tax payer by the Income tax department under the Supervision of the Central Board of Direct taxes. Today it serves as an identity proof in all government and non government departments and has to be presented in banks and other institutions as the proof of your identity.
Applying pan card in India has certain set of guidelines that are to be followed along with certain documents that are to be presented as a proof. If a person from United Arab Emirate, often referred to as NRI in India wants to apply for pan card in India, here are certain steps that are to be followed:
1. An NRI will have to make application through Form 49AA in case of new PAN and will have to apply for correction pan card or reprint pan card in the prescribed format which is common for all Indians and NRIs. These forms can be assessed, filled and submitted online through the websites UTIITSL and NSDL. One gets acknowledgement copy with a 15 digit number on submitting the form. This copy is sent to the designated address along with other documents.
2. Two photo graphs need to be pasted in the space provided in the acknowledge form and copy of passport of bank statement of UAE, copy of NRE back account statement showing at least two transactions in six months are duly to be submitted after attesting them.
3. The signed form along with all the above stated documents should reach the designated address within 15 days of the online application. If the payment is made by demand draft, the pan card is issued on realization of payment and transmitted to communication address of the applicant. Also UAE person can provide their home town address – be it residential or office if they do not have any Indian address of their own.
4. If the communication address provided by NRI is within India, the fees are Rs. 107 and if it is outside India, the fee is Rs. 989; including application fees and dispatch amount. In case of online application, the fees may be paid via debit/ credit card or through Net banking. Also a demand draft favoring the UTIITSL and NSDL can be dispatched along with the documents and form.
5. Also NRI can apply online through any Company as per his/her satisfaction as he can make choices between private and government companies. Even though the charges of private companies are higher, the services provided by them are par excellence.
6. If online application is made, person from UAE will have to send two colored photographs affixed on duly signed hard copy of application or on the part of application or some contents of application however if all the applications are made online then photographs and signatures will be required by the service provider companies through post or courier and so it is also called semi online service.
7. The delivery of the pan card by such person can be transpired in India also provided he has eligible proof of local address of India
8. NRI can keep and maintain more than one pan card of the same PAN No.