Is an Indian PAN still required?

An Indian Tax Tribunal has recently held that a taxpayer – making payments to recipients that did not have a PAN (Permanent Account Number) – correctly applied the withholding tax rate according to the double taxation treaties but not as per domestic law. However, PAN regulations are still in force.

Update on tax developments in India

Since the presentation of the Indian Budget proposal for the year 2013 on 28 February several specifications and additional changes have been communicated. The impact of the changes in the Indian Tax law on multinational companies doing business in India include several important factors.