The Income Tax Department's PAN 2.0 offers digital e-PAN cards with a QR code for enhanced security, free for up to three requests. Physical PAN cards cost Rs. 50 domestically and Rs. 15 plus postal charges internationally. Existing PAN cards remain valid, and updates to PAN details are free under this new initiative.
from Times of India
via GUWAHATIMETROTIMES
2 Comments
Pan 2.0 nri is a much-needed upgrade to the traditional PAN. The new security features, digital accessibility, and seamless integration with other systems make it a lot easier for residents and NRIs alike. It’s the future of financial management in India!
ReplyDeleteTDS on sale of immovable property by nri ensures tax compliance in India. Buyers must deduct tax at applicable rates (30% for short-term gains, 20% for long-term). NRIs can claim refunds if TDS exceeds tax liability, ensuring smooth property transactions.
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