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Non-Resident Indian: Linking PAN-Aadhaar by December 31 mandatory for expats



Non-Resident Indians: Linking PAN-Aadhaar by December 31 mandatory for expats

While a non-resident Indian (NRI) is not required to have an Aadhar card or a PAN (Permanent Account Number), it is mandatory to link them by Dec 31 if one has them.

A government public notice was issued last week calling for linking an Indian resident’s PAN with his/her Aadhaar card before 2019 ends.

A Non-Resident Indians with financial dealings back home is advised to have both an Aadhaar and a PAN card, which means the Indian expat will need to link them too.

The deadline was revised to December 31 from an initial deadline of September 30. The linking was first proposed to be enforced in 2017 but the deadline has been extended several times since then.

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As per Indian government rules, a PAN card is mandatory for NRIs if they have a taxable income in India or want to make investments in the country.

According to a governmental circular issued earlier this year, any Indian citizen who was issued a PAN card on or before July 2017is required to link the card to their Aadhaar, which can be done via SMS, online or designated service centres. Since July 2017, anyone in need of a PAN is asked to get an Aadhaar issued to them first, which automatically links the two together.

Via: Gulf News

Chanchal spends most of his time writing about the latest tech, Entertainment and he can be found watching nature documentaries

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