- 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
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..
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