The Inoperative PAN Crisis for NRIs: Challenges, Exemptions, and Unresolved Issues
The Permanent Account Number (PAN) is a critical financial identifier for individuals and entities in India, facilitating tax compliance, banking transactions, and investments. However, the Indian government’s mandate to link PAN with Aadhaar—a 12-digit unique identification number issued to Indian residents—has created significant hurdles for Non-Resident Indians (NRIs). While NRIs are technically exempt from this … Continue reading The Inoperative PAN Crisis for NRIs: Challenges, Exemptions, and Unresolved Issues
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