Inoperative PAN: Steps NRIs & OCIs can Follow to Activate PAN without Linking to Aadhaar

 As per the CBDT guidelines, if taxpayers fail to link their PAN and Aadhaar before the deadline of 30th June 2023, their PAN will become inoperative starting from 1st July 2023. However, they can still link their PAN card with their Aadhaar card after paying a penalty fee. In this blog, we have shared the steps NRIs can follow to activate an inoperative PAN card.

Charu Dhasmana

· 31,238 views

Consequences of Non-Linking of Aadhaar with PAN for NRIs

 Although PAN-Aadhaar linking is not mandatory for NRIs (Non-Resident Indians), they need to update their residential status as an NRI on the Income Tax portal. Since, many NRIs failed to link their PAN and Aadhaar by 30th June and also did not notify the IT department about their NRI status, their PAN has become inoperative. In this blog, we will discuss the consequences of non-linking of Aadhaar with PAN card for NRIs. We will also discuss about the required steps to make their PAN functional again.

Charu Dhasmana

· 3,058 views

Can I Open NRO Account from USA?

 The United States houses the second largest population of NRIs after the UAE. We often receive a lot of queries from USA-based NRIs regarding investments and account opening in India. Among many questions that arise, one such question is “Can I open NRO account from USA? In this blog, we will answer this question and delve into the details of opening an NRO account from the USA, discussing the requirements, process, and benefits.

Charu Dhasmana

· 11,206 views

HDFC NRO vs NRE Account: Which One Should I Open?

 A large number of NRIs and OCIs apply for HDFC NRI account to maintain their foreign earnings and income sourced in India. HDFC Bank allows NRIs to open two types of NRI savings accounts - NRO and NRE savings accounts. These NRIs accounts have some similarities as well as differences in terms of account opening process, taxability, permissible credits, etc. Here is a deep analysis of HDFC NRO vs NRE account.

Manoj Negi

· 11,440 views

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