IT PAN Compulsory for NRI, PIO & OCI...!!
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NRI, PIO & OCI:
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Why NRI, PIO & OCI need PAN Card?

It's compulsory to mention your Income Tax PAN number if you intend to carry any kind of financial transaction in India, from buying real estate, to open a bank account, open Demat/trading account, to invest in India, and more... (serves as an Indian ID proof too).
 

 

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You Hold: Indian Passport.
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