Paypal India Bank Withdrawal NRE Account Income Tax

Hello all,
I would like to know if..

1) I can add My NRE Saving Bank account at HDFC to my Paypal Account..

2) Can i withdraw the paypal funds to that NRE Account?

3) Do i need to file Income Tax Return for that funds?

I taken a pancard in India for the Paypal Purpose and added it on paypal....

Please give me answer for the doubts 1, 2 and 3..

( As i am now in Saudi Arabia and i am doing freelancing from here and getting payment to my paypal account.. I have only NRE Account and so i would like to know if i transfer funds to my NRE, do i need to pay income tax for that? )

Thanks for taking time to reply on this thread...

 

if you are indian paypal account holder you will need to add pan card.

 

Sorry Frnd, i forgot to mention it.. I already added the pan card to it... Can u answer my Doubt 1,2 and 3?

 

HI,

Just clear me a doubt please. If I were to open a new paypal account, will it ask for a PAN card ? If so, at what stage is it asking? Only when I'm about to withdraw to a bank account? Or when I'm registering for the new account itself?

Think of opening a 2nd PP account. Is it possible?

 

when you login to paypal it will ask for pan card, even if you enter any wrong pan card it accepts that pan card only if it is not registered previously on paypal.

Its better to get pan card and enter your pan card you will have safe account with paypal.

 

Dude, I do have a PAN. But, if I open a 2nd PP acc and give the same PAN to tht acc, PP will connect those 2 accounts and may limit both!!

So, my question is, is there any way not to attach PAN card to the account and still operate the PP account, and withdraw to my bank account??

Answers and suggestions welcome!

 

same pan number will not be accepted by paypal on 2 accounts. Hope this helps!