The Income Tax Department has announced that the process of merging Aadhar card and PAN card will end on June 30.
pan card aadhar card link.
Many are still unaware of the need as the deadline for the federal government to link the ban card with the Aadhaar card is only 2 weeks away by June 30.
The central government has announced that the Aadhaar number must be linked to the PAN number.
aadhaar and pan card link deadline.
Accordingly, the deadline has been extended several times to 2019, September 30, October 1, June 30.
However, many have not yet extended their PAN-Aadhaar number. In that regard, the Income Tax Department has finally announced that the PAN number should be linked to the affidavit by March 31.
That opportunity was then extended by the corona spread.
The Income Tax Department has announced that the process of linking Aadhar card and PAN card will end on June 30.
Failure to do so will result in you not being able to use your PAN number, the Income Tax Department said.
Why pan card aadhar card link important?.
According to the Income Tax Department, people will have to pay a fine of up to Rs 1,000 if they do not link their Aadhaar number with their Pan card by July 1, and all their key cash transactions, including banking and PF, will be affected.
Vehicles cannot be bought and sold, especially if this measure is not taken. Banks and Co-operative Banks cannot open bank accounts, credit and debit cars are not available.
It has been reported that you can not pay more than Rs 50,000 and buy bonds above Rs 50,000 at hotter and star hotels.