PAN Aadhaar Card Linking: The Income Tax Department is repeatedly advising to link its PAN card holders with Aadhaar (Aadhaar Card). The last date to link PAN Aadhaar is March 31, 2023. The Income Tax Department has given information about this deadline many times. If you do not link both of them (PAN Aadhaar Link) within the stipulated time, then your PAN will become invalid. You will have to pay a fine of Rs 1,000 for linking the PAN card within 31 March 2023.
Till now 13 crore people have not linked PAN Aadhaar
Recently, Central Board of Direct Taxes Chairperson Nitin Gupta informed the media that out of total 61 crore PAN holders, 48 crore people have linked their PAN with Aadhaar (PAN Aadhaar Link). Is. At the same time, there are a total of 13 crore people who have not yet linked Aadhaar with PAN. Along with this, he said that those who do not link Aadhaar with PAN by the deadline of March 31, 2023 (PAN Aadhaar Link Deadline), they will not get the benefits of many PAN card related businesses.
Why is it necessary to link both
In Budget 2023, Finance Minister Nirmala Sitharaman has made it clear that now you can use PAN card as a business ID. In such a situation, without this, any taxpayer will have difficulty in filing Income Tax Return. Along with this, one may face difficulty in completing any kind of financial transaction. If you do not complete this work by March 31, then you will have to pay a fine of Rs 10,000 to link both later and till then your PAN card will remain inactive.
Process to link PAN Aadhaar-
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- To link PAN Aadhaar, visit the income tax e-filing website www.incometax.gov.in.
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- After this you fill the login details.
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- After this you will see the Quick section, click on it.
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- Next you have to fill your PAN, Aadhaar number and mobile number.
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- After this, the option of ‘I validate my Aadhaar details’ has to be selected.
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- Finally, OTP will come on your registered mobile number, enter it here.
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- Lastly, by paying a fine of Rs 1,000, you will be able to link the two easily.
