Everything you want to know about PAN card for NRIs

https://groupalankit.wordpress.com/2017/07/13/everything-you-want-to-know-about-pan-card-for-nris/

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If NRI has a taxable income, then it is mandatory for him/her to have PAN card. As per the latest rule of SEBI, if NRI is not having PAN card he cannot do share trading by depository or broker.