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PAN
by JONAS Thomas on Dec 20, 2007 11:44 AM   Permalink | Hide replies

I would like to have some info about PAN

- Do i need a PAN to invest in debt/equity funds
- Is it mandatory to file income tax returns if i have PAN (I am an NRI and I dont have any income in India)
- Can anyone suggest some equity funds, which is good to invest - existing or new funds


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  RE:PAN
by Sangram Mahapatra on Dec 20, 2007 12:49 PM   Permalink
Hi, PAN is a must for your money to be invested in mutual funds according to SEBI (Security Exchange Board of India ) Guidelines. Hence it is mandatory. If you are a NRI then you can opt for a Mutual Fund which gives you a portfolio to invest in INDIA. or else can obtain a PAN and do the same in INDIA.For more details u can contact through email. Happy Investing. Bye..

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  RE:PAN
by Balakrishna krishnamurthi on Dec 21, 2007 02:20 AM   Permalink
To what email id i shd correspond with? Thanks.

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  RE:RE:PAN
by Balakrishna krishnamurthi on Dec 21, 2007 02:21 AM   Permalink
Pl. indicate the email id to which I shd correspond with you. Thanks.

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  RE:PAN
by JONAS Thomas on Dec 20, 2007 11:02 PM   Permalink
Hi Friends,
Thanks for your comments.
May I repeat this question
- Is it mandatory to file income tax returns if i have PAN (I am an NRI and I dont have any income in India)
My email is jeesarosa@rediffmail.com

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  RE:PAN
by Ranadev Nair on Dec 29, 2007 11:22 PM   Permalink
It is not mandatory

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Thumb rules to save enough money