NRI Services

Fema

At PAN, we have professionals who are experts in dealing with FEMA. Our services under this head include:
1.Filling of various returns relating to issue of equity to foreign nationals
2.Valuation of shares under FEMA
3.Filing of Annual Accounts with RBI
4.Obtaining approval from RBI where required for remittances to be made from India on current and capital account transactions

Business Setup in India

Setting up a business in India has been liberalised over the years, still it requires company formation, approvals if required, legal compliances and registration with various authorities. We provide our clients Business Setup Solution based on “turnkey” methodology which takes care of approvals, legal compliances, registrations with authorities etc. to provide a ready to operate business setup in shortest possible time frame.

Income Tax Advisory

Our firm follows a proactive Vs reactive approach in designing our tax service. As the nation is steadily transforming into a developed economy, we make sure that we keep track of changes into tax Laws and legislation. We are familiar with requisites for a successful tax planning and imbibe these into our solutions. We reduce the present and future tax liabilities of our clients through our precise solutions.

Services for Expat

We have experienced professionals who are well versed in providing expat related services. We provide a complete gamut of services to expat. Our services to expat include the following:
1.Foreign National Registration (FRRO Registration)
2.Obtaining DIN,PAN & TAN
3.Maintaining Accounts
4.Assistance in Tax Planning
5.Preparation & Filling of Tax Challans & Returns
6.Appearing before Tax Authorities
7.Managing Foreign Inward & Outward Remittances
8.Managing Investments

NRI Bank Accounts

NRIs / PIOs / OCBs are permitted to open bank accounts in India out of funds remitted from abroad, foreign exchange brought in from abroad or out of funds legitimately due to them in India, with an authorised dealer. Such accounts can be opened with banks specially authorized by the Reserve Bank in this behalf.

Inheritance and Gift in India
and Outside India

Technically, any individual is entitled to receive, including by inheritance, property situated in India regardless of his residency or citizenship. But – and here is the problem – the transfer of ownership, and the holding of the property, must adhere to the Foreign Exchange Management Act (FEMA). According to FEMA Regulation 2000, a nonresident who is a citizen of India can only transfer properties to (a) a resident of India, (b) a citizen but not a resident, and (c) a non-resident of Indian origin. Nonresidents of Indian origin (i.e., not citizens) may in contrast only transfer properties to residents. Non-Indians may only receive Indian properties if they are residents of India.

Immovable Property Transaction

Under sub-rule 3 of Rule 15 of the Central Civil Service (Conduct) Rules, 1955 (now Rule 18 of 1964 Rules) every member of Class I (Group A) and Class II (Group B) services shall, on first appointment to Government service and thereafter at intervals of 12 months, submit a return of immovable property owned, acquired or inherited by him or held by him on lease or mortgage, either in his own name or in the name of any member of his family or in the name of any other person.

Investment

Our systematic and disciplined approach of managing your finances will simply build a road to financial freedom for you. We provide a wide range of financial services to a substantial and diversified client base that includes corporate, high net-worth individuals, retail investors etc. Our services includes fee based comprehensive financial planning, wealth management, investment planning, tax planning, retirement planning, child future planning, insurance planning, estate planning, loan/debt advisory, outsourcing services, training & development and management consultancy

Investment and Related
Statutory Expat

We have experienced professionals who are well versed in providing expat related services. We provide a complete gamut of services to expat. Our services to expat include the following:
1.Foreign National Registration (FRRO Registration)
2.Obtaining DIN,PAN & TAN
3.Maintaining Accounts
4.Assistance in Tax Planning
5.Preparation & Filling of Tax Challans & Returns
6.Appearing before Tax Authorities
7.Managing Foreign Inward & Outward Remittances
8.Managing Investments