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Linking your PAN to Aadhaar is an important step in fighting tax evasion The Income Tax Department has extended the deadline to link Aadhar to the Permanent Account Number (Pan) card. Now, one can link their Aadhar to PAN before June 30, 2023. Linking their PAN to Aadhaar is an important step to help fight tax evasion, authorities say. If the taxpayer fails to link the two documents, his PAN card will become inoperative. However, if you failed to link the PAN and Aadhar card before the original deadline of March 31, 2023, you will have to pay a fine of Rs 1000.
"To give taxpayers more time, the PAN-Aadhaar binding date has been extended to June 30, 2023, so that individuals can entrust their Aadhaar to the prescribed authority for PAN-Aadhaar binding without repercussions. ", tweets the income tax. . Department.
"From 1st July 2023, the unbound PAN will cease to function with consequences. The PAN can become operational again in 30 days, upon notification by Aadhaar to the relevant authority after payment of a fee of Rs 1,000," further notes the IT department. in the official mandate.
To give taxpayers more time, the PAN-Aadhaar linking date has been extended to June 30, 2023, so that individuals can report their Aadhaar to the prescribed authority for PAN-Aadhaar linking without repercussions.( 1/2) pic .twitter.com/EE9VEamJKh
