Pan Aadhar Card Link: In today's modern era, the process started by the government to link various documents to each other has become very simple and easy. In this context, the government recently issued new instructions to link Aadhar cards to PAN cards This process not only facilitates financial transactions, but also helps in preventing tax evasion and objections to financial resources. Apart from this, many citizens have not yet linked their Aadhar cards to their PAN cards.
The last date for linking a PAN card with an Aadhar card was fixed by the government as 30 June 2024. However, the situation was amended, after which its deadline was fixed till the present time. However, now a fine of up to rs 10,000 will be imposed on such citizens who have not yet been able to link their Aadhar card with PAN card. This facility is available only for this month, otherwise, after this, you may face problems in making financial transactions.
What is PAN-Aadhaar linking?
The linking process of a PAN card and an Aadhaar card is very simple and easy, in which your Aadhaar card is linked with your PAN card number. This process is important to verify your identity and bring transparency in facilitating financial transactions.
A unique number is found in the PAN card which is of 10 digits and it is an alphanumeric number, which is mainly issued by the Income Tax Department. Through this, details of all your financial activities and tracking-related information can be obtained. If you do not link your PAN card with your 12-digit Aadhaar card number, then the information about your financial status becomes unable to reach the Income Tax Department. This is the main reason why a fine of up to rs 10,000 is being imposed for not completing this process.
Benefits of PAN-Aadhaar Linking
Facilitates easy tax filing.
An important option for fraud prevention.
Financial transactions are done instantly.
It will be easy to get benefits from government schemes.
Disadvantages of not linking PAN-Aadhaar
If you do not link your Aadhaar card to your PAN card in time, then in such a situation you will have to face the following problem:
The PAN card will become completely inactive.
You will face problems in filing income tax.
To open a bank account, one has to apply several times.
There will be restrictions on investing in mutual funds, and stock market.
You may have to pay a huge fine of up to rs10,000.
How to link PAN-Aadhaar?
The process of linking a PAN card with an Aadhaar card is very simple. For this, you can avail this facility both online and offline.
Online Process:
First of all, go to the official website of the Income Tax Department.
Click on Link Your Aadhaar Card.
Enter your PAN number and Aadhaar number.
Please click on the link by filling in the code details and verifying your documents.
Offline Process:
Reached the nearest PAN card office.
Submit the PAN card application form.
Submit the application form along with the important documents.
How to check PAN-Aadhaar linking status?
Reach the official website of the Income Tax Department.
Click on the option of Link Aadhaar Status.
In the next step enter your PAN number and Aadhar card number.
Enter the captcha code and click on the option of View Aadhaar Status.
Who is exempted from linking PAN-Aadhaar?
But note, that this facility has been suspended for some citizens, such as citizens who are above 80 years of age, they do not need to link their PAN card with their Aadhaar card. Residents who are not natives of India do not need it. Residents of Assam, Jammu and Kashmir, Mand eghalaya will remain suspended under this process.
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