« Top Headlines » Open DEMAT Account in 24 hrs  No more tax filing hassles with digital Form 16 Know how it works «  Taxman's welfare... PAN to serve as unique client code for investors... » NRIs/PIOs get passport for PAN October, 28th 2006 The Securities and Exchange Board of India (Sebi) today said Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) can obtain the Income Tax Departments Permanent Account Number (PAN), in a move to facilitate citizens residing outside India to conduct transactions on the Indian stock markets.    NRIs/PIOs can obtain PAN cards based on the copy of their passport as ID proof and copy of passport/copy of bank account in the country of residence as address proof, Sebi said, quoting a circular issued by the Central Board of Direct Taxes (CBDT).    Earlier, NRIs/PIOs were allowed to apply for PAN only if they have residential address in the country.