Why PAN card is mandatory for NRI people?

PAN (Permanent Account Number) is a card issued by Income Tax department with the support ofCentral Board for Direct Taxes. PAN is must for all high value transaction and it is consists of unique10 digit cipher code with the combination of alphabets and... More

PAN (Permanent Account Number) is a card issued by Income Tax department with the support ofCentral Board for Direct Taxes. PAN is must for all high value transaction and it is consists of unique10 digit cipher code with the combination of alphabets and numerals. Less