All Types of Forms Related to PAN Inquiries

PAN card is the mandatory document for the Indian citizen. It is required to be produced for all government and non-government dealings. Applicant has to fill in the details in the prescribed forms and submit it duly filled with all the necessary documents attached. Different types of forms are there for different applicants and the for varied cause. 

Here is the list of forms that are related to PAN Inquiries:

1. Form 49 A: Application for allotment of Permanent Account Number for Indian residents. Any individual who is resident of India and wishes to apply for PAN should compulsorily fill form 49A as it is the application form. After filling this form, the applicant can make the online payment and submit the form with the required documents and photographs. This form is neatly structured into different sections for making it easy for the customers to fill it. Full name, abbreviation of the name, gender, date of birth, address etc such details have to be filled and submitted.

2. Form 49AA: Foreign residents and entities incorporated outside India are eligible for PAN. Form 49AA is the application form for allotment of PAN for foreign residents and entities incorporated outside India. This form is divided into 17 components, each with a different attribute. Full name, abbreviation name, gender, date of birth, telephone number, KYC details etc should be filled before submitting this form. This form needs to be filled only in English language, no other language is allowed.

3. Form for changes or correction in PAN data: This online application form is to make corrections or change if any to the existing PAN card details. One has to select ‘PAN correction’ option from the application type drop down and then fill the personal details. After submitting visitor will be directed to new page and a token number will be generated and displayed to the applicant and will be sent to the mail address of applicant for reference purpose. Fill all the details of corrections and then submit it. For offline method, the individual has to submit the PAN correction form with the nearest NSDL collection Centre and also fill a letter with the jurisdiction assessing officer.

4. Form 49 B: In case the address of the applicant changes to different city and the new address falls under different Regional Computer Centre of Income Tax department, then the applicant needs to apply for the new TAN in form 49 B. This form should be legibly filled in ENGLISH in BLOCK letters and each box should contain only one character (alphabet/ number/punctuation mark) leaving a black after each word.

By Alankit Group

Latest National Pension Scheme for NRIs

NRIs can now invest in the National Pension Scheme to provide them security of income when they return and retire in India. Recently RBI allowed NRIs to subscribe to National Pension Scheme (NPS) that is easily accessible, low cost, tax efficient, flexible and portable retirement savings account. This scheme is governed by Pension Fund Regulatory and development authority. RBI as consultation from the government is going all the way to appease NRI through this scheme and rope them to invest in India.

As per the RBI the investment in this scheme is routed through normal banking channels and the subscription amount is to be paid by NRI either by inward remittance or out of the funds held in their NRE/FCNR/NRO account and there will be no restriction on repatriation of the annuity or accumulated savings.

Eligibility Criteria:

• Any NRI between the age of 18 and 60 years
• This scheme is not valid for the person of Indian origin and overseas Citizenship of India.
• In case the subscriber’s citizenship status changes, his/her NPS account would be closed.
• Investment in NPS is independent of other contribution to any Provident fund.

Source and Minimum contribution to the scheme:

• Minimum contribution at the time of opening the account is Rs. 500/-
• Per year minimum contribution is Rs. 6000/-
• There are no limits for maximum contribution

Following documents are required to be presented:

• Filled subscriber registration form
• Copy of passport
• In case local address is different from the address on passport, proof of address is required to be produced.

Key features:

• Every individual subscriber is issued a Permanent Retirement Account Number (PRAN) card which has a 12 digit unique number.
• Under the scheme, individual has 2 options in terms of accounts- Tier – I and Tier – II. Tier I is mandatory account which will be provided to every subscriber. Tier II account is a voluntary savings facility and is optional and is made available as an add to Tier I account.

Just as entry rules NRI has to follow certain rules regarding partial withdrawal and exit:

• Partial withdrawal is allowed for up to 25 percent of the contributions for those who have subscribed to the scheme for at least 10 years.
• Higher education, marriage of children, purchase of construction of residential flat and treatment of specified illness are the only grounds on which partial withdrawal is allowed
• Premature exit is allowed only after completion of minimum 10 years with the scheme.

Benefits of NRI to invest in NPS:

1. It is best for NRI, who wish to return and retire in India
2. Financial advisors are of the view that the product is not only cost effective but also well regulated.
3. It has the history of delivering 8-10 percent returns over last 10 years
4. As NPS is the combination of debt and equity, it can be considered as a part of one’s portfolio but should not be seen as only retirement product one should possess
5. One should be well aware of foreign exchange risk factor when it comes to withdrawing amount invested in India.
6. Investing in NPS has become progressively attractive to NRIs, who are getting lured to this policy.

Alankit as GST Suvidha Provider (GSP)

1st July 2017 holds a vital place in the history of economic change where notorious and complex tax system was channelized by one single unique tax – Gross Service Tax (GST) by the Government of India.

GST is an indirect tax that replaced multiple cascading taxes by central and state governments. This tax is governed by GST council chaired by Union finance Minister of India. With the aim to reform indirect taxation, GST was introduced. Amalgamating several Central and State tax into single one would do away with double taxation and defoliating a common national market thus leading to easier administration and enforcement.

Biggest advantage to the end user is reduction in terms of reduction in the overall tax burden on goods. In order to ease the process of GST and to educate the masses about this new tax system, Alankit Ltd. has successfully been qualified as GST Suvidha provider(GSP) to extend services to tax payers for complying with the upcoming GST regime.

As a GSP, Alankit strives to provide convenient methods to taxpayers and other stakeholders in interacting with the GST Eco System and other services such as:

1. Migration to GST
2. Registration in GST
3. Invoice Management
4. Challan Generation
5. Return filing
6. Integrating current ERP
7. Consultation services
8. Back end support and other auxiliary services.
9. It provides a functionality to tax payer to reconcile sales and purchase invoices and upload reconciled invoices on GST Network (GSTN)
10. Consolidated view of all clients
11. Get updates on tax payers from GST system
12. Provide action oriented reports every year
13. Partnership with prominent Chartered Accounts (CA) firms for taxation and financial matters.
14. Development process by state of art technology
15. Syncing with GSP – increase of workforce and thus ready to cater growing demands
16. In house secure IT infrastructure

Alankit as a GST Suvidha Provider embraces ease of business with reliable and suitable assistance. GST India will affirmatively bring in complete digitalization and has made the return filing process more complex. Nominated as leading technology provider- GSP (GST Suvidha Provider); Alankit assists in smooth transition.

Working in sync with government bodies, Alankit currently assists tax payers i.e. businesses and traders in all tax and all GST related matters.

General Queries Regarding PAN Card

Permanent Account Number or PAN is unique 10 digit alpha numeric identity allotted to each tax payer by the Income tax department. It is identity proof for all government and non government dealings.

However there are many queries among the public about PAN and its usage. Here is the list of general queries regarding PAN card:

1. Is it mandatory for NRIs to have PAN card?

A: Yes, it is mandatory as per Income tax Department and SEBI also has made PAN compulsory for all investors wanting to invest in India. In case any person wants to carry out any kind of financial or investment related transaction over INR 49,999 in India, PAN is mandatory.

2. Is it required for NRI to file income tax return in India if they have PAN?

A: No, it is not compulsory and in case you generate income from India, you need to file tax return. Also it is advisable to file tax return even though you are not making any money in India as it enhances your creditability and makes it easy for a person to avail various types of loans.

3. Who can apply?

A: All existing tax payers or persons who are required to file a Return of Income even on behalf of others and any person who intends to enter in economic or financial transactions were quoting PAN is compulsory.

4. How do I apply?

A: One can apply for PAN by filling up the application forms 49 A or 49AA (for other than Indian citizen). Also one can apply through TIN facility centre, Alankit group is one of them.

5. Is there any need for me to apply for PAN in case I relocate from one city to another?

A: As in the name, the number is permanent and does not change with change in address. In case there is change in address, it should be intimidated to Income tax department so that the new address can be updated in PAN database. Same can be done by filling up form request for new PAN card or for changes and correction of PAN data and submitting the form at any TIN facility centre.

6. Can I obtain or use more than one PAN?

A: Obtaining more than one PAN is punishable under law and may attract a penalty of INR 10,000. In case you have more than one PAN, then it is better to surrender immediately the unused PAN by logging into www.incometaxindia.gov.in.

7. Is a photograph compulsory for making an application for PAN?

A: For “individual” applicants 2 recent color photographs of size 3.5 x 2.5 cm. Paste the photos and avoid stapling or clipping to the form.

8. Is father’s name compulsory for female applicants (including married/ divorced/ widow)

A: Female applicants, irrespective of their marital status should write only father’s name in the PAN application form.

9. What are benefits of using PAN card?

A: PAN card is compulsory document and is required to be produced for many

Government and non government matters. It acts as tax ID which is must for NRIs in case they wish to invest in shares, open a Demat account, purchase real estate etc.

10. What is procedure for applicants who cannot sign?

A: In such cases, left thumb impression (preferred with black ink) of the applicant should be made on format place meant for signature. It should be attested by magistrate or Notary public or Gazetted officer under official seal and stamp.

11. Is it mandatory to mention telephone number/ email ID on PAN application form?

A: It is not compulsory to mention telephone number/email ID but provided will enable to contact the applicant in case of any discrepancy in application.

12. Can application be made on plain paper?

A: No, application should be made only in prescribed format notified by CBDT.

13. Is it compulsory to quote PAN on return of income?

A: Yes, it is compulsory to quote PAN on return of income.

14. If you want to pay taxes today and do not have PAN?

A: It takes 15 days to get new PAN; however PAN can be obtained in 5 days if application is made through internet and processing fee is paid through credit card.

Things to Know About Alankit Dubai

Alankit is one stop solution for all when it comes to managing finance. The institution has over the years managed to expand its horizons outside the boundaries of India and one such country is Dubai.

Dubai has been an international hub for physical trade of not only gold but also many other commodities and so the establishment of Dubai Gold & Commodities Exchange (DGCX) was the logical step for region and local economy.

Alankit Global Resources DMCC, a subsidiary company of Alankit Group was formed on 11th October 2005 for obtaining membership of DGCX for trading in Forex, Gold and other commodities and to carry on all such business as approved by Dubai Multi Commodities centre authority and other trade or business.

Alankit Dubai is professionally managed group led by team of experienced personnel with outstanding managerial acumen. This Dubai based Company offers all the services that it renders in India viz. offline and online trading in Equity, Future and option segments, Commodities, Currency Derivatives, Depository Participant, NSDL and CDSL, Debt market, PAN facilitation centre and umpteen numbers of financial related services and counseling.

The Company has obtained the Broker and clearing membership of DGCX and is entitled to trade on all market segments operated by DGCX either as principal or on behalf of clients and also to clear the own transactions as well as transactions of Trading Members of DGCX.

Also the Company can benefits its clients from clearing services available on over 65 global exchanges and electronic trading access to over 35 global exchanges. At Alankit, we are focused on strengthening our portfolio in Forex bullion, base metals, oil energy, sugar and other commodities.

The Company with its professional acumen and background will provide the clients with the rich opportunities in the commodity derivatives market thus enabling to accelerate the expansion of Commodity Business.
The Dubai branch is located at scenic and quaint Jumeirah Lakes Towers (JLT), with a view to cater a large society of people staying abroad.

Other functions carried on by the branch are:

Provides e-return intermediary service recently appointed as the service provider to Indian worker resource centre (IWRC) – a wing of the Indian embassy to address the various issues of Indians staying in the UAE. Offering the Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY) scheme to its rightful customers through the vast experience gained over the years in the distribution of government products to common people.

The off –shore setup also ensures smooth functioning of various other vehicles such as PAN, NIR, e- Aadhar and insurance.

How to Submit PAN Card Application Online

With government stressing on “GO Digital” and also becoming digital savvy, it means there are many important government functions that can be carried online and one of those is submitting Pan card application online.
Applying for PAN card online is simple and all you have to do is fill forms online and mail your documents to the Income tax Pan services offices to finalize the process. Once the form on site is filled and papers are dispatched, the application is processed and card shipped directly to your residential address.

The very first step is to get the copies of different documents that are needed for submitting your application and the following documents are required to be uploaded to the PAN services Unit website along with the scanned passport photograph.

Just start by making a scan of any one document per section:

• Proof of identity: A copy of any of these document is acceptable as ID proof for PAN card:

• Aadhar card issued by the Unique identification Authority of India
• Elector’s photo identity card
• Driving license
• Passport
• Ration card having photograph of the applicant
• Arms license
• Photo identity card issued by Central Government or State Government or public sector Undertaking
• Pensioner card having photograph of the applicant
• Central government health services scheme card or Ex – Servicemen Contributory Health Scheme photo card
• Certificate of identity in original signed by a member of Parliament or member of legislative Assembly or Municipal councilor or Gazette officer
• Bank certificate in original on letter head from the branch with name and stamp of the issuing officer, containing attested photograph and bank account number of the applicant

• Address proof: Along with photo ID, one has to enclose the address proof in the application and any of these following documents can be included with your form:

• Aadhar card issued by Unique Identification Authority of India
• Elector’s photo identity card
• Driving license
• Passport
• Passport of spouse
• Post office passbook having address of the applicant
• Latest property tax assessment order
• Domicile certificate issued by the government
• Allotment letter of accommodation issued by Central or State government of not more than three years old
• Property registration
• Certificate of employer in original
• Certificate of address in original signed by parliament member or legislative member or municipal councilor or Gazette officer.

Also following documents can be furnished, if it is less than three months old:

• Electricity bill

• Land line telephone or broadband connection bill
• Water bill
• Consumer gas connection card or book or piped gas bill
• Bank account statement
• Depository account statement
• Credit card statement

• Date of birth proof: A copy of any one of these documents should be sufficient as date of birth proof:

• Birth certificate issued by Municipal Authority or any office authorized to issue birth and death certificate by Registrar of birth and deaths or Indian Consulate as defined in clause (d) of sub – section (1) of section 2 of the Citizenship Act, 1955
• Pension payment order
• Marriage certificate issued by Registrar of marriages
• Matriculation certificate
• Passport
• Driving license
• Domicile certificate issued by the government
• Affidavit sworn before the magistrate stating the date of birth

• Photographs: Two recent passport sized photographs has to be submitted

Once all the aforesaid documents are scanned, follow the below mentioned steps:

1. Open NSDL or UTIITSL website
2. Fill form 49A and review and edit any information that is wrongly filled
3. Once all the details are filled the site will redirect to payment gateway for payment of processing fee- new pan application fee is Rs. 110/- and this can be paid either by credit card or by means of internet banking and applications with foreign address will have fees of Rs.1020/-
4. Acknowledgement number is generated once the money is paid and its printout is sent to Income tax department and Proof of address and identity along with two passport sized photographs should be attached with acknowledgement receipt.
5. Status of the pan request can be tracked via reference number generated
6. Acknowledge number along with relevant documents should be sent to Income tax department within 15 days from date of online application and envelope should be labeled –“Application for PAN”
7. After verifying documents and if found satisfactory Income tax department issues PAN to the applicant and card reaches within 30 days from date of filing.

How to apply PAN card from UAE

Permanent account number or PAN is the 10 digit unique identification number allotted to each tax payer by the IT department of India under the supervision of Central Board of direct taxes. It is vital and mandatory document that serves as identity proof in all the government and non government departments and has to be presented in banks and other institutions as the proof of identity.If one has to apply this card in India, certain guidelines have to be followed and certain documents have to be submitted as proof. However, a person can also apply for PAN card from UAE (United Arab Emirates) and has to follow following steps:

•  An application through Form 49AA has to be filled in case the person is applying for new PAN card. In case there is correction in PAN card or reprint of PAN card then forms in prescribed format has to be filled and submitted. This form is common for all Indians and NRIs. All the forms can be assessed, filled and submitted online through websites UTIITSL and NSDL. After the forms are submitted one gets acknowledgement copy with 15 digit number, the copy is dispatched to the designated address along with other documents.
• One has to paste two photographs in the space provided in the acknowledgement form along with the copy of passport, bank statement of UAE, NRI bank account statement showing at least two transactions in 6 months have to be submitted after attesting them.
• The form has to be duly signed, with all the documents should reach the designated address within 15 days of online application. In case payment is made by Demand draft, the PAN card is issued on the realization of payment and is dispatched to the communication address of the applicant after completing all the formalities. Also UAE person can provide address of their home town – be it residential or office, in case they do not have any Indian address of their own.
• In case the communication address provided by person in UAE is within India, fees are Rs. 107 and if it is outside India then fee is Rs. 989; this fees is inclusive of application fees and dispatch amount. If the person has made online application then, the fees may have to be paid via debit/ credit card or through Net banking. One can also issue demand draft favoring UTIITSL and NSDL and dispatch the same with documents and form.
• Also person from UAE can make online application through any Company as pre his/her satisfaction and the company can be either private or government. Private companies fix higher charges but their services are par excellence.
• In person decides to make online application from UAE, then he has to send two colored photographs affixed on duly signed hard copy of application or on part of applications not sent online or on some contents of the application. In case if all the application are sent online then photographs and signatures will be required to sent by service provider companies through post or courier and thus it is called semi online service.
• The delivery of PAN card by such person opting for complete online submission of documents can be furnished in India; provided he has eligible proof of local address in India.
• UAE person can have and maintain more than one PAN card of same PAN No.

Aadhar card to be linked with Mobile numbers: How & Why?

Government has made Aadhar as mandatory documents, required to be presented for all purposes. Recently it was made mandatory for filing income tax returns and also for obtaining permanent account number – PAN card. Now government has made another move to link it with the mobile numbers of all the citizens.

Now, why has government decided to link Aadhar card with mobile numbers. Here are top benefits of transpiring this measure:

1. Reduce fraudulent activities: Fake mobile numbers have increased considerably over the years and there had been lot of crimes reported with such fake numbers so to do away with this, linking of Aadhar card with mobile number will be perfect tool to put an end to fake mobile number crimes. With eKYC procedure every user’s identity will be established and thus it would be easier to catch a person committing malpractices.

2. Curb illegal activity: The biometric details obtained via Aadhar will be recorded and will be used easily in case a person is found out indulging in any illegal activity.

3. Eliminate sustaining frauds: Sustaining frauds can also be eliminated with this implementation. One cannot deny the fact that there are many individuals who own a phone number by using fake ID proofs. With this move, government can identity such people easily and intimate telecom operators to disengage the numbers of such people immediately. This might even reveal numerous frauds that are present amidst us.

4. Help to counter terrorism: Terrorism is one of the biggest concern of the nation and by linking phone numbers, telecom operators can quickly identify them and track their location and disconnect phone numbers to prevent terrorist attacks. Also, it becomes easy to track people who being part of the nation but spread false propagandas using smart phones.

5. Verifying income tax number: IT number can be verified using Aadhar, wherein the OTP number is sent to the mobile number linked with Aadhar.

Here are steps to link Aadhar card with mobile numbers is based on two scenarios:

1. You are linking it for the first time
2. You have changed your phone number and want to update your Aadhar data by replacing old number with new one.

1. Linking your mobile to Aadhar for the first time: This has to be done offline and one has to follow these steps:
a. Visit nearest Aadhar center to get Aadhar update/ Correction form or download it from UIDAI website.
b. Fill out the form correctly, submit it to the concerned person at the centre and mention on the form that only mobile number is to be updated.
c. You have to submit photocopy of your Aadhar card along with identity proof document – PAN card, passport, Voter ID
d. After submission, your biometrics and thumb impression will be verified at the enrolment centre.
e. Acknowledgement slip will be issued and normally it takes 2-3 working days for updating to happen.

2. Updating the mobile number: This can be done online, but the existing number should be linked with Aadhar card as the OTP to authenticate the updating would be sent to your existing number.
a. UDAI website, go to Aadhar self-service portal
b. Enter your Aadhar number and Captcha text and request for OTP
c. OTP will be sent to your existing mobile number and you will be redirected to new page where in you can update desired details
d. Here under “Select field to update”, select “mobile number” and enter the number that you want to record in the database and submit.

By Alankit Group

Is Your PAN Card Blocked? How you can Check

 

As per the regulation of the government, one person cannot be registered with more than one PAN card and recently Government has deactivated more than 10 lakhs permanent account numbers. In order to find out whether your PAN card is blocked or not here are the following ways:

1. First of all, visit Income tax India website – www.incometaxindiaefiling.gov.in
2. On home page, click at the left side – Under the Services
3. Click on know your PAN, TAN
4. After redirecting on that window, enter your name, gender, date of birth, mobile number which has been registered to PAN
5. Once you enter all the information, you will receive OTP on registered mobile number
6. Just enter OTP
7. In case if your PAN card is active, then you will get display as “ACTIVE”

In case if you have more than one PAN card, then Popup will be shown as there are multiple records for this, here you have to provide additional information as father’s name etc.

After submitting all the necessary details, you can see the number of active PAN card and its validity. In case you are not going to link your PAN card with Aadhar card, then it will be declared invalid by end of December 2017.

All the PAN cards deactivated by the Government, some were fake ones, some violated principle of one PAN per person, while there were many fake PAN cards allotted to non – existent persons were issued to people furnishing false identity details.

Also you can check the PAN card log in status by login to e-Filing portal -> Profile settings-> My Profile-> PAN details -> Jurisdiction details-> Status. In case your PAN card is being blocked or deactivated, you need to contact your jurisdictional Assessing officer (AO) for re-activation of your PAN card. For this your need to submit an indemnity bond, copy of your PAN card and copies of last three years Income tax returns.

 

How to Link Aadhar and PAN card, Last date Extended to 31st December 2017

Good news to all those, who have not yet linked the Aadhar card and Pan card as the government has on 31st August, 2017 extended the deadline by four months i.e. now the last date for linking the country’s most vital identity proof – Aadhar and Pan card is 31st December, 2017.

Government has earlier only made it crystal clear that it is mandatory for all those citizens who file income tax returns to link these two databases. Centre had intimated earlier on 30st August that, the date will be extended by Supreme Court so that the benefits of various social welfare schemes can be availed till 31st December, 2017.

Sec 139AA (2) of Income Tax Act says that every person having PAN as on July 1, 2017 and is eligible to obtain Aadhar card must intimate his Aadhar number to the tax authorities. However certain persons are exempt from the requirement – People who are not citizens of India, those above 80 years of age and residents of Assam, Meghalaya and Jammu and Kashmir had been exempt from the requirement.

Also tax department has made it clear on 31st July that, “unless a finding is made that Aadhar is constitutionally not valid, tax return filers will need to link their PAN with Aadhar by August 31st, 2017.

However, 31st December is deadline for people to link their bank accounts with Aadhar and tax filers were permitted to file their income tax returns by August 5 without linking their Aadhar with PAN. They were just to quote Aadhar or the acknowledgement number for having applied for the ID.

Also the department further state that – tax filers who fail to link Aadhar and PAN on or before 31st August, 2017, their income tax returns will not be processed. Extension of four months for linking Aadhar-PAN is big relief for tax payers by the central government.

There are many tax payers who have filed their income tax return on time, but had failed to link their Aadhar card number with PAN card for some unavoidable reasons or mismatch in the data of two cards, now can link the two by 31st December , 2017. This move comes at a time when a similar extension has been granted for furnishing Aadhar to avail benefits of social welfare schemes.

Also the government has made it clear that linking of Aadhar- PAN is necessary to avoid duplication, which had resulted in tax evasion.

Also the extension has to be read in the backdrop of the fact that Aadhar is facing slew of legal challenges on grounds that it breaches privacy, leaving officials to wonder if the government, can still push ahead with its use in wide range of services.

Centre has made the linking the two numbers mandatory to prevent duplication of PAN cards and curb money laundering and unlawful activities.

Aadhar: ‘Mera Aadhar Meri Pehchaan’

With central government making Aadhar card mandatory for all government and non-government purposes, it has become the unique identification for all Indian citizens. From Identity of common man to unique identification code of all the citizens, Aadhar card has been mandatory for every Indian.

It is unique identification code that carried 12-digit identification number provided by Unique Identification Authority of India as a representative of Indian government. This number acts as evidence of address and identity of people across all parts of India.

India’s largest identification platform has many uses like mobile phone connections, cooking gas connections and banking services. It has many benefits like:

1. Aadhar based direct transfer of benefit: Transfer of LPG subsidy is done only when Aadhar card number is provided to the authority and this amount is directly transferred to the bank account of the customer. Just link the bank account to LPG number and avail direct transfer of the subsidy.

2. Jan Dhan Yojana: The scheme Pradhan Matri Jan Dhan Yojana accepts Aadhar card number as the only document sufficient to open the bank account. One can avail benefits like RuPay card, free zero balance savings account, life and accident insurance etc.

3. Passport in 10 days: If one has Aadhar card, he/she can get passport within just 10 days. Here police verification will be done at the later date as against the previous rule that had police verification done before, thus consuming lot of time. As per new rule if one wants passport, Aadhar number is mandatory.

4. Digital locker: Digital locker system, launched by Government of India that stores all personal documents on government server requires the person to link his/her Aadhar card number.

5. Voter card linking: Aadhar card is linked to voter ID to eliminate bogus voters. Once the Aadhar card number is linked, it would be impossible for an multiple voter ID card holder to make its illegal use, as registration requires voter ID card holder to be physically present and produce Aadhar card to booth officer for linking.

6. Monthly pension: All the pensioners from select states will now have to register their Aadhar card number to their respective department for receiving monthly pension. With this move fraudulent incidents in which fake beneficiaries requesting pension will be done away with.

7. Provident fund: Same as pension, provident fund money will be given to account holder who have registered their Aadhar card number with employee provident fund organization (EPFO)

8. For opening new Bank account: Aadhar letter provided by UIDAI is now acceptable by banks as a valid proof to open new bank account and it serves as address proof and there is no need to produce bunch of documents to banks for opening the account.

9. Digital life certificate: Digital life certificate launched by Department of Electronics and IT by name =- “ Jeevan Praman for Pensioners”; which will end the process where in the pensioner has to be physically present at Pension Agency to avail pension as all the details can be accessed by the agency digitally.

10. SEBI: Securities and Exchange Board of India, now accepts Aadhar card as proof of address for investing in stock market.

It is well known fact that Aadhar card is major step taken to transform India into a digital society. It has changed the way how government services are delivered and will change the way how services of the government are delivered and will prove to be bridge between government and the citizens.

Today it is not only used as identification proof of the citizen of India but also an vital document used by the citizens for various purposes like availing benefits of government services and other vital things.

Aadhar card marks a fundamental shift in citizen state relations from “We the people” to “We the government”. It has immense potential for profiling and surveillance. The card can stimulate development through entrepreneurial activity. It can also help to ensure that the money goes to the people it is meant for. It also empowers women to have direct access to the money they earn. Last but not the least UID could help build compatible health information system and establish nationwide surveillance and diagnosis facilities for service and research on infectious diseases.

Everything you want to know about PAN card for NRIs

If NRI has a taxable income, then it is mandatory for him/her to have PAN card. As per the latest rule of SEBI, if NRI is not having PAN card he cannot do share trading by depository or broker.

Also, the card is compulsory for NRI if he/she wants to invest in mutual funds in India. If NRI wishes to purchase some land or property in India then also it is mandatory to have PAN card issue by the Government of India.

Following are the steps for application of PAN card:

• First visit the site http://tin.tin.nsdl.com/pan/ 
• Form 49AA (link given in the above site). A qualified financial investor should male application through depositor participant only.
• Once the online filling of form is done and submitted, a confirmation screen will appear and complete date filled will be showcased. Any changes to be made in the application can be done after editing it and then submitting it afterwards.
• Once you hit submit button, you will get online acknowledgement receipt. It is better to take print of this receipt for future record.
• Paste the two recent passport size photographs in space provided in acknowledge. See to it that the specifications meet the requirements laid down by IT department of India.
• The signature made or thumb impression embossed should be done in specific box only. Failing to this your application will be rejected.
• Attach necessary document along with application like 2 color photographs with white background, demand draft etc.

Procedure for making payment:

If you have any communication address in India then that can also be provided but for some payment
Processing fee should be paid along with service tax Payment can be made in any form – debit card, credit card, Demand draft, net banking except cash deposit.

If communication is outside India, then payment can be made only by debit/credit card or Demand draft should be drawn in favor of NSDL- PAN, payable at Mumbai (Mention application number on the reverse of Demand draft.)

Amount of 962 INR has to be paid – and this comprises of application fee, tax and postage.
Only 99 specific countries as mentioned in the site can avail this service.

The acknowledgement, demand draft if any and proofs should reach NSDL within 15 days from the date of online application. Applications received with demand draft or cheque as mode of payment shall be processed only on receipt of relevant proofs and realization of payment.

Some of Do’s and Don’ts while filling online application

Do’s
Fill the application using blank ink and fill it in block letters.
Signature should be made in the given box only and not on the photograph.
See that correct AO code is given
See that name given on POI and POA should match the name given in the application
If applicant is minor then his/her representative should also submit POA and POI

Don’ts
Do not overwrite or make corrections in the application form
Photographs are not to be attached using pins or staples
After signing, do not write place or date underneath the sign
Do not apply for PAN card, if you already have one