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CBDT lays down procedures for allotment of PAN to FPI’s through Common Application Form (CAF)

February 11, 2020
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The Central Board of Direct Taxes (CBDT) has laid down classes of persons, forms, format and procedure for allotment of Permanent Account Number (PAN) to the Foreign Portfolio Investors (FPIs) through Common Application Form (CAF). CAF for the purpose of registration, opening of Bank & DEMAT a/c and application for PAN to FPIs in India was notified by the SEBI on January 27, 2020.
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