Apply PAN Card Online in Manama Bahrain

For NRIs, a PAN card is like VIP access to tax and financial-related matters in India. It helps you smoothly carry out the financial transactions across India and your home country. Additionally, while you may have tax obligations overseas and have an international bank account, in India, your financial presence still matters. In this, the PAN card plays an essential role. Considering you can obtain an NRI PAN card from Bahrain or any foreign country where you reside. The process of obtaining the PAN is the same in all countries. Apart from this, foreign citizens can also apply for the PAN card. 

Further, to provide you with an idea, here in this blog, we have mentioned the process of obtaining an NRI PAN card from Bahrain. So, read on and gather all the information. 

Who in Bahrain Needs an Indian PAN Card?

A Permanent Account Number or a PAN card is vital for any individual who is earning income or having investments in India. Along with Indian residents, it also includes NRIs, foreign citizens, and entities. Considering this, the Income Tax Department of India has made the PAN card mandatory for all the following transactions:

• Opening a bank account for an NRI, NRE or NRO account.
• Purchasing and selling of immovable property.
• Purchasing a high-end consumer product.
• Transactions for the financial markets and securities.
• Any transaction for the income tax department.
• Investing in India (mutual funds, stocks, real estate, etc.).
• Receiving taxable income in India, such as from real estate, rent, or dividends.
• Applying for credit cards or loans in India.

Further, a PAN card is issued by the government; individuals can also use it as an ID proof for all government and non-government institutions. Considering this, being an NRI, if you are doing any of the following things in India, you need to have a PAN card:

• Filing an income tax return in India.
• Participating in a financial or economic transaction that requires a PAN.

Additionally, a PAN card is also needed for items such as selling a two-wheeler, a car, or immovable property valued at INR 10,00,000 or more.

So, this was all about who in Bahrain needs an Indian PAN card. Moving ahead, let's know the benefits of having this card for NRIs in Bahrain.

Benefits of Having an Indian PAN Card for NRIs in Bahrain

Here is the list of benefits an Indian PAN card offers to NRIs in Bahrain:

• A PAN card helps NRIs in fulfilling their tax obligations in India. It is also the primary reason for applying for this card.
• It is also need to open an NRE or NRO bank account in India. Considering this, for opening a bank account, a PAN card is a mandatory document requirement for banks.
• Another vital area where the PAN card plays an essential role is in taxation. A PAN card helps reduce your TDS rate. However, if you forget to link your bank account with your PAN card and your annual interest from your savings is more than INR 10,000, then the bank will deduct 30% TDS.
• For trading purposes, if you want to open a Demat account, you need your PAN card. It is mandatory for any individual who wants to open a demat account.
• With a PAN card, you can easily purchase or sell immovable assets. A PAN card is required to be stated in any purchase or sale valued at INR 10,00,000 or more.
• If you are acting as a partner or director in an LLP or an Indian company, having a PAN card is mandatory.
• Additionally, as it is issued by the government, a PAN card serves as proof of ID in government and non-government institutions.

These were some of the key benefits that an Indian PAN card offers to NRIs in Bahrain. Now, moving further, let's know the PAN card eligibility criteria for individuals.

Eligibility Criteria for NRI PAN Card from Bahrain

There is no specific income or minimum age required to apply for a PAN card. Considering this, any firm, individual, or entity that comes under the following categories can apply for this card:

• Any individual, whether an Indian resident, NRI, or foreign citizen who has taxable income in India, can apply for it.
• Any person, whether an Indian resident, NRI, or foreign citizen, running a business or profession in India with a turnover more than the prescribed limit.
• Entities such as Companies, Trusts, Partnership Firms, and Hindu Undivided Families (HUF).
• Foreign entities or citizens who are liable to pay tax or have a financial trial in India.
• Individuals who want to conduct high-value transactions, such as investing in securities, purchasing property, or making large bank deposits.
• Students and individuals who do not have earnings and want to open a bank account or make investments can also apply for a PAN card.

So, this was all about the PAN card eligibility criteria. Considering this, a PAN card for foreign citizens is also available for individuals who have tax obligations or investments in India. Now, moving ahead, let's know the documents you require for your NRI PAN card application in Bahrain.

Documents Required for NRI PAN Card Application in Bahrain

Documents required for NRI PAN card application in Bahrain are as follows:

• Identity Proof: Copy of your passport, OCI card/ PIO card (If you have)
• Overseas Address Proof: Copy of overseas bank statement. Additionally, you can also submit a residential permit issued by the state police authorities or the Foreigner's Registration Officer in India.
• Photographs: Passport size, two recent, color photographs.
• NRE Bank Account Statements: Bank statements stating a minimum of two transactions in the last six months, duly attested by any of the following:
  • Indian Consulate
  • Indian Embassy
  • Apostille
  • Bank manager where the account is held
  • High Commission
• Additional Documents (If applying with an Indian office address):
  • Address Certificate: Given by the Indian employer.
  • PAN Details of the Employer: Permanent Account Number details of the employer.
  • Appointment Letter: A photocopy of the appointment letter from the concerned company that has an Indian address.

These documents certify that NRIs can simply apply and obtain their PAN cards, vital for tax-related and financial transactions in India. Moving further, let's know how you can apply for an NRI PAN card from Bahrain.

How NRIs Can Apply for PAN Card from Bahrain?

The PAN card application process for an NRI PAN card from Bahrain is almost the same as the individual PAN application process. However, some steps are different in the case of NRIs. Additionally, the PAN card process also varies as per your application type and mode of submission. So, let's know how NRIs can apply for a PAN card from Bahrain online.

Applying for a New PAN Card from Bahrain

Here is how NRIs can apply for a new PAN card from Bahrain online:

• Step 1: Visit the official Protean website. Then, if you have an Indian passport, select Form 49A, or if you are a foreign citizen or OCI cardholder, choose the Form 49AA option.
• Step 2: Below the "Quick Links" section, select the "Online PAN Services."
• Step 3: Now, click on the paperless PAN application.
• Step 4: Register and generate a token.
• Step 5: According to your PAN application type, choose from the new PAN for Indian residents or foreign citizens options.
• Step 6: Mention the asked details in the PAN application form.
• Step 7: Select the "Submit scanned images through e-Sign" option.
• Step 8: Now, choose whether you need an e-PAN card or a physical PAN card.
• Step 9: Mention the last four digits of your Aadhaar card. If you do not have an Aadhaar card, you can skip this step.
• Step 10: Provide your father's name and, if applicable, state your mother's name as well.
• Step 11: Mention your contact information and income source.
• Step 12: Confirm your Assessing Officer (AO) code.
• Step 13: Scan and upload your photo, signature, and requested documents in the specific size.
• Step 14: Review and submit the application form.
• Step 15: Using the available payment option, pay the PAN card application fees and complete the e-KYC authentication.
• Step 16: Using an OTP, digitally sign the PAN application. Once you complete all the things successfully, you will get a 15-digit acknowledgement number. It further helps you in tracking your PAN application.
• Step 17: Within the given processing time, you will receive your PAN card via post at the address you mentioned in the form.

PAN Card Reissue in Case of Loss or Damage

If you lost your PAN card or damaged it, you can simply apply for a new one online, using the following steps:

• Step 1: Go to the Protean website or UTIITSL website. From the given options, choose the "Reprint of PAN Card" option. Your application for a new PAN card will begin.
• Step 2: Fill out all the requested information. It includes your existing PAN card number, Aadhaar card number, DOB, and other details.
• Step 3: Submit the mentioned documents. Further, you may also need to submit a copy of your registered FIR in case of loss of the PAN card.
• Step 4: Using the available online payment options, pay the nominal reprint fee.
• Step 5: Mention the OTP you received on your given mobile number or through biometric authentication and complete the verification process.
• Step 6: Upon successful submission and payment, you will receive your 15-digit acknowledgment number. This number further helps you in tracking your PAN application.
• Step 7: Once verified, you will receive your new PAN card within the given processing time at your mentioned address.

PAN Card Correction or Update Process

Here is how you can update or correct the mistakes in your existing PAN card:

Step 1: Registration and Token Generation

• • Visit the protean-tinpan.com website.
  • Under the 'Quick Links' section, click on "Online PAN Services."
  • Choose "Paperless PAN Application" from other options.
  • Select "Changes or Corrections in PAN Data/ Reprint" and "Individual" from the drop-down menu.
  • Mention your name, DOB, email ID, and mobile number.
  • Enter your current PAN number and complete the application form.
  • Complete the Captcha and submit the application form.
  • On your email ID, you will receive a token number.

Step 2: Mention Personal Data

• • Click on the "Continue with PAN Application."
  • Choose the "Submit digitally through e-KYC & e-Sign" option.
  • State whether you require an e-PAN or a physical PAN card.
  • Mention the last four digits of your Aadhaar card number.
  • Select whether you want to use your Aadhaar photograph or upload a new photo.
  • Certify that your mentioned personal and contact information are accurate.

Step 3: Document Submission and Confirmation

• • Choose your identity, address, and DOB proof.
  • From the drop-down menu, select "Copy of PAN."
  • For declaration, choose "himself/ herself" or "Representative Assessee."
  • In the specified format, upload all the requested documents.
  • Cross-check all the details and, if needed, make corrections.
  • Further to confirm the details, mention the starting eight digits of your Aadhaar card number.

Step 4: Payment and Authentication

• • To go to the payment page, click on the "Next" option.
  • Using the available online payment options, make the payment.
  • Give your consent to use your Aadhaar card details and complete the e-KYC authentication.
  • Again, mention your Aadhaar number, and give your consent for e-Sign and authenticate using OTP.
  • Once the authentication is completed successfully, your PAN correction/ updated application will be signed digitally, and within two hours, you will receive your updated e-PAN card. Additionally, your physical PAN card will be delivered to your provided address within the given processing time. 

So, this is how you can apply for an NRI PAN card from Bahrain. Moving ahead, let's know the PAN card fees and processing time for Bahrain NRIs. 

PAN Card Fees and Processing Time for Bahrain NRIs

The PAN card fees for an NRI PAN card from Bahrain, according to the application type, are as follows:

Further, the processing time generally takes 15-20 business days for the physical delivery of your PAN card. Additionally, you receive your e-PAN card within 48 hours to 5-7 business days after successful verification on your email ID.

This was all about NRI PAN card fees and processing time from Bahrain. Moving further, let's know how you can track your PAN card status.

How NRIs Can Track PAN Card Status from Bahrain?

There are three ways by which NRIs can track PAN card status of their PAN application in Bahrain. These are as follows:

• Online: Through the NSDL or UTIITSL website portal, using your 15-digit acknowledgment number or application coupon, you can track your PAN application online.
• Call: Additionally, you can call the TIN call centre on 020-2718080 and provide your acknowledgment number to know your application status.
• SMS Service: Further, you can also track your application status via SMS. For this, you want to mention your 15-digit acknowledgment number and send it to 57575.

This is how you can track down your PAN card status from Bahrain. Moving ahead, let's know the tax and compliance importance of an NRI PAN card.

Tax and Compliance Importance of NRI PAN Card

Even when being an NRI, you live outside India, you still need to follow Indian tax laws and financial regulations due to your financial connections in the country. In this scenario, a PAN card becomes your key identity proof for your financial actions in India. Here is how it helps you:

• A PAN card is a mandatory document you require when filing ITR on your taxable income in India.
• Needed to claim the TDS refunds deducted on interest, rent, capital gains, or dividends.
• Required to invest in the Indian financial markets because, without a PAN, you cannot enter the Indian stock market.
• Under section 206AA, it helps you avoid paying higher TDS (20% or more).
• Additionally, a PAN card is used for accurate reporting of income and regulatory compliance in India.
• Essential for smooth cross-border financial transactions from Bahrain to India.

So, these are the key reasons why, for Indian tax and compliance, a PAN card is an essential document for NRIs.

Final Thoughts

Lastly, from the above blog, it is clear that a PAN is more than just an ID proof for NRIs in India. It is your VIP access to the investment and financial market in India. Considering this, you can obtain an NRI PAN card from Bahrain by simply using the NSDL or UTIITSL website and unlocking several benefits that come with it.

Further, you can also contact Savetaxs for your NRI PAN card assistance. We have a team of experts helping NRIs handle PAN card issues. So, easily apply for your PAN card with us and receive it on time without any issue.