In this article, we’re exploiting the requirements for TIN number applications in India. However, it’s important to point out that in India, a TIN is actually called a PAN.
This is part of our free series on banking in India, covering topics like opening an NRI bank account, which you can access here.
Feel free to use the table of contents to jump ahead to the sections most relevant to you.
Table of Contents
- Requirements for TIN Number
- Who Needs a Tax Identification Number in India?
- How to Apply for a Taxpayer Identification Number in India
- Frequently Asked Questions
- Do You Want Help Opening Bank Accounts?
Requirements for TIN Number
Requirements for TIN number registration in India include proof of identity, proof of address, and proof of date of birth documents. These requirements, along with a completed Permanent Account Number application are then submitted to either UTIITSL or Protean via an online process.
The income tax department of India offers specific guidelines in terms of eligibility, verification, and how to obtain a PAN card.
For clarity, the Permanent Account Number (PAN) is the Indian equivalent of a Taxpayer Identification Number (TIN). This number is used for matters related to reporting and taxation.
Who Needs a Tax Identification Number in India?
In India, anyone that carries out any business or profession needs to obtain a tax identification number (TIN), which is referred to as a Permanent Account Number (PAN). Additionally, certain financial transactions in India require individuals to have a PAN for quoting. These individuals are also required to have a tax identification number.
How to Apply for a Taxpayer Identification Number in India
To apply for a taxpayer identification number in India, you can visit either UTIITSL or Protean online and complete the online application. The requirements to apply for a TIN in India include providing proof of identity, proof of address, and proof of date of birth. However, if you are a foreign individual looking to apply for a TIN in India, you will only need to provide proof of identity and proof of address.
TIN Application Instructions
- Visit UTIITSL or Protean
- Start the application process
- Complete the online application
- Provide a copy of proof of identity
- Provide a copy of proof of address
- Indian nationals need to provide proof of date of birth
Do You Want Our Free Non-Resident Banking Guide?
Sign up here to receive our Free Non-Resident Banking Starter Guide and weekly updates on the best account opening options available:
Frequently Asked Questions
Below are a few of the most common questions we receive from people looking into the requirements for TIN numbers. If you have further questions you would like to ask our team, don’t hesitate to get in touch.
What Documents Required for TIN?
The required documents to get a TIN in India include proof of identity, proof of address, and proof of date of birth. That said, there is a wide range of options available to prove each of these requirements. Alternatively, foreign individuals have slightly different requirements and only need proof of identity and address.
Is TIN the Same as PAN?
Yes, TIN is the same as PAN in India. This is because the Permanent Account Number is a Tax Identification Number for both residents of India and non-residents of India when they have a reportable income tax.
How Can I Get My TIN Number Online in India?
To get your TIN number online in India you can visit the government’s income tax website and complete the online application form via UTIITSL or Protean. If you already have a TIN and need to confirm the number, you can visit the e-filing website and fill in the required information to “Know Your PAN”, which is the TIN in India.
Do You Want Help Opening Bank Accounts?
If so, you can get access to GlobalBanks IQ in just a few clicks.
GlobalBanks IQ is our flagship international account opening solution. It gives you instant access to the…
+ Expert insights on which banks to choose & why
+ Step-by-step reports to open accounts in the best banking hubs
+ GlobalBanks international bank database & detailed bank profiles
+ Tried & tested banks for high-risk, offshore, & non-resident clients
+ Plus, get YOUR most pressing bank account opening questions answered by our team!
And “yes!” GlobalBanks IQ helps foreigners and non-resident individuals open bank accounts.
In fact, GlobalBanks IQ even helps non-resident, foreign & offshore entities open bank accounts.
Use the link in our menu above to learn more about GlobalBanks IQ. Or, contact us directly with any questions!