How to Get India’s PAN Card?

Permanent Account Number (PAN) is issued by the Income Tax Authority of India. It generally used to quote on tax returns and other financial transactions in India. It is comparable to the Social Security Card in the USA.

Many NRIs living abroad have started investing in India because of the interest rates India has. Every time someone decides to invest in India, he/she must obtain a PAN card first. This can become a lengthy process in itself without going through an online broker. The online process has been made so simple that the majority of NRIs choose to take that route and pay more in service fees.

When you go through the PAN department directly, you almost have to be present in India in order to visit there office on a daily basis and make sure that everything is getting done. If not, sometimes there will be issues with your application and you will never know about it until 6 months later when you still haven’t received your PAN card. 

The online process is simply. You apply online and pay with your credit card, download forms and instructions, fill up the forms and provide the documents, then send everything to the broker’s office in India. Everything else is taken care of by them. Sending sensitive document all the way to India can be a problem so it is better if you send it to the broker, that way you can talk to them and make sure they have received everything all right. 

There a many brokers on the internet today that can provide you with fast service and get the job done in a timely matter. http://www.pancardnumber.com/apply.html is a broker that has been doing this for a long time. They have very good ratings. You will always have to send your documents by post with any legit broker because the government only accepts original signatures on applications. It is recommended that you send something that is traceable so that you know where your documents are at all times. The government sends your PAN card via India Speed Post. There are some brokers that will receive it at their office and send it via courier.

As time goes by, the government introduces more and more rules and regulations for all of these processes. It is easy now, but you never know how difficult it will become next month or the month after. It is always better to obtain your PAN card as soon as possible with all that in mind.