Q1. What is a PAN number?
A1. Full form of PAN is permanent account
number. It is a unique identity number
allotted to individuals and companies by the
tax department of India.
Q2. What is a PAN card?
A2. It is a plastic card, printed and
provided to all the applicants who are
issued a PAN. This plastic card bears your
Q3. What does a PAN card reflects?
A3. It shows a hologram from the Indian
Government, name, date of birth or date of
incorporation, signature, photograph, etc.
Q4. Why is it needed?
A4. As per the new regulatory norms, both
resident as well non-residents Indians and
international companies having no
establishment in India, are required to have
a PAN, and provide a copy of their PAN card
while carrying various types of financial
transactions, viz: opening bank accounts,
paying bills, filing taxes, raising
invoices, buying or selling real estate, etc
to name a few.
Q5. What is the
process to apply?
A5. Both company and an individual can avail
our services to apply for a PAN card. If you
wish to understand first the detailed
visit this link
here, OR simply
Q6. What is the cost?
A6. For individuals: We charge one flat fee
of INR.2700 per person. For companies, the
fee varies depending upon the size of work
involved. To know more about it, please see
pricing section here.
Q7. How long does it take?
A7. As this is a Government process, quoting
a guaranteed time frame is difficult.
However from the past experience of 7 years,
we notice that it takes between 15 to 20
Q8. What supporting documents are required?
A8. Paperwork involved is different
depending upon the residency status of
For an individual: Passport copy, Bank
statement showing your name and current
international address certified by the bank
manager. If you have a OCI or PIO card, then
you can provide a OCI or PIO copy instead of
a bank statement.
For a company: Copy of incorporation
certificate OR Copy of articles of
incorporation OR Registration certificate
AND copy of bank statement or utility bill
showing your company name and current
address - These 2 documents need to be apostilled.
Q9. What is includes in the fee?
A9. The fee is inclusive of almost
everything, like Govt processing and mailing
fee, rupee bank draft, notarization if
needed in India and our service charges.
However, a client has to get an apostille
and mail/post his application package to us
at his own cost.
Q10. Benefits of using this website?
A10. Our adviser understands your case in
depth, provides you requisite forms and
advises you on what documents need to be
provided and help you fill the forms. You
send these documents to us which we check
for errors and coordinate with you for
corrections. We then get documents notarized
in India if needed, get a rupee draft made
from a bank and submit your documents to the
NRI PAN centre. A copy of acknowledgment
receipt is sent to you, along with an online
tracking link where you can track your case
status online. Simultaneously, we keep
following-up with the department so that
your case is processed on an expedited
Q11. Is there a urgent/tatkaal seva for NRIs
- non residents?
A11. Unfortunately, the Govt of India does
not offer an urgent service to NRIs, as they
need to check records of NRIs which takes
time, process, print and dispatch; which in
turn easily takes a minimum of 15-20 days.
However, we try to get your processing done
on an expedited basis.
Q12. Do I need to file taxes in India if I
acquire a PAN number?
A12. As far as we know, an applicant only
pays taxes in India if he/she makes money in
India. If you do not make money in India
then you don't pay taxes here. Having a PAN
does not necessarily means that you need to
pay taxes. You only pay, if you accrue
income in India.
Q13. Do I renew PAN every year?
A13. No you don't. Once you have a PAN, its
Q14. Is there a yearly maintenance or
management fee to keep a PAN?
A14. No. You do not have to pay any such
Q15. How many PAN Nos can I hold?
A15. A person or a company can hold only 1
PAN. Possessing more than 1 PAN is a
criminal offence and is subjected to
Q16. Does, it reduces withholding tax rates
A16. Yes it does, however we still request
you to contact a qualified Indian tax
consultant or adviser to research this for
you. One such firm who specializes in
providing consultation services to foreign
organizations having no presence or
establishment in India can be found here:
Q17. I have more questions, where can I
Q17. You may email us or call us by
visiting us here.