New PAN Applicatio
First-timepply for first-time PAN from any US state. Correct form — 49A for Indian nationals or 49AA for US citizens. E-PAN in 48 hrs, physical card to your US address.
testNew application, correction, reprint, Aadhaar advisory — every PAN need handled online, delivered to all 50 US states.
pply for first-time PAN from any US state. Correct form — 49A for Indian nationals or 49AA for US citizens. E-PAN in 48 hrs, physical card to your US address.
testNo India trip. No consulate. US documents fully accepted. WhatsApp your docs to start now.
New application, correction, reprint, Aadhaar advisory — every PAN need handled online, delivered to all 50 US states.
pply for first-time PAN from any US state. Correct form — 49A for Indian nationals or 49AA for US citizens. E-PAN in 48 hrs, physical card to your US address.
First-timeIf the combined maximum value of all your foreign accounts exceeded $10,000 at any single point during the year — even for one day — FBAR is required for all accounts, including those with small balances. SaveTaxs tracks maximum balances across all accounts to assess your exact obligation.
Both apply to many USA NRIs with Indian accounts. Understanding the difference is critical — and SaveTaxs handles both simultaneously.
| FEATURE | FBAR (FINCEN 114) | FATCA (FORM 8938) |
|---|---|---|
| Filed With | FinCEN — BSA E-Filing System | IRS — Attached to Form 1040 |
| Threshold (Single) | $10,000 aggregate any day | $50,000 on Dec 31 or $75,000 during year |
| Threshold (Married Joint) | $10,000 aggregate any day | $100,000 on Dec 31 or $150,000 during year |
| Deadline | October 15 (auto-extended) | April 15 / October 15 (with extension) |
| Covers PPF / NPS / EPF | ✅ Yes | ✅ Yes |
| Covers India Real Estate | ❌ Direct ownership excluded | ⚠️ Via foreign entity only |
| Non-Filing Penalty | $10,000–$100,000+ per year | $10,000 initial + $50,000 continuing |
New application · Correction · Reprint · Aadhaar advisory. All online. All 50 US states.
The penalties are severe — but the correct compliance path matters enormously. Streamlined Procedures can reduce or eliminate them.
Each account, each year is a separate violation
Courts have split on per-account vs per-form — IRS position is per-account
Each account, each year is a separate violation
Courts have split on per-account vs per-form — IRS position is per-account
Document to doorstep — completely online, no India visit ever.
New, correction, or reprint. WhatsApp or call — we assess in minutes and confirm exactly what's needed.
⚡ Same dayUS passport, driver's licence, or bank statement via WhatsApp or secure portal. No originals or notarisation needed.
⚡ Within 24 hrsReal situations our USA NRI clients came to us with.
New application · Correction · Reprint · Aadhaar advisory. All online. All 50 US states.
PAN is not just a card — it's the key to every India financial transaction. We make sure yours is correct, current, and linked before it blocks anything.
Explore
US Tax Filing and CompliancesExplore
Business FormationExplore
NRI Moving Back to IndiaExplore
Business Tax FilingStart now — WhatsApp your documents or book a free 15-min call. Our team handles everything: correct form, document review, NSDL/UTI filing, and delivery to your US address.
🛡️ SaveTaxs Accuracy Guarantee: If your PAN is rejected or delayed due to our error, we re-file immediately at no charge. Our error rate is under 0.5%.
Choose how you'd like to begin — we'll guide you through the rest.
Clear and Concise Answers to the Most Frequently Asked Questions for Better Understanding and Guidance
Failure to file out Form 8938 results in paying a penalty of $10,000 per year. This penalty can be up to $50,000 for not filing out the form even after receiving the notification from the IRS.
Well, it totally depends on your case type. In many scenarios, the process is straightforward. For example, if you have foreign assets only from foreign stocks and bank accounts, then your reporting requirement will be very minimal, and the details will be easy to gather.
The IRS requires the reporting of several types of financial assets annually. It includes investment accounts, foreign bank accounts, foreign life insurance, pension received from a foreign company, mutual funds, ownership in foreign trusts, partnerships, or companies, ownership of personal retirement accounts such as superannuation funds or ISAs, and other financial accounts.
The IRS wants you to do so because it has found errors in the tax rates of U.S. taxpayers with foreign income and assets when they file their returns. By asking them to mention their foreign ownership, the IRS gets the information of the taxpayers who are under-reporting their taxable income in the country.
The IRS has several tools and data that help it identify U.S. taxpayers who have not disclosed their complete assets and investments from overseas. So, if you haven't reported all your foreign income and assets, the IRS will still find out about it using its tools and data.