We deal with US immigration and therefore don't have much information about India. But we have answered questions below.
Dear Sir,
I am USA citizen of Indian origin. I was born in India. How do I get PAN card?
>>> Don't know.
Do I need to file Indian income tax after receiving PAN card?
>>>> Only if you have taxable income.
I have no income in India.
Am I allowed to have rupees account and can I invest my money in India?
>>> Yes and Yes.
If I have purchased real estate converting dollars into rupees, can I conver rupees into dollars on the sale of my purchased real estate?
>>>>You can do this twice in your life time. There is some restriction on the minimum duration you must keep the investment for. I don't have further details.
Dear Sir,
I am USA citizen of Indian origin. I was born in India. How do I get PAN card?
>>> Don't know.
Do I need to file Indian income tax after receiving PAN card?
>>>> Only if you have taxable income.
I have no income in India.
Am I allowed to have rupees account and can I invest my money in India?
>>> Yes and Yes.
If I have purchased real estate converting dollars into rupees, can I conver rupees into dollars on the sale of my purchased real estate?
>>>>You can do this twice in your life time. There is some restriction on the minimum duration you must keep the investment for. I don't have further details.