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Last Date For linking PAN With Aadhaar Extended To June 30

Last Date For linking PAN With Aadhaar Extended To June 30

The Government of India has once again extended the date for linking PAN card with Aadhaar. Now you can link PAN with Aadhaar till 30 June 2021, which was earlier 31 March. Although the government has been extending the dates for linking PAN with Aadhaar in the past, but this time it has been extended due to the corona pandemic . The Income Tax Department of the Government of India has made it mandatory to link PAN card with Aadhaar.

PAN card is most needed for filing returns. The number mentioned in it is used in every financial transaction. Apart from this, sometimes it is also useful for KYC in the bank or any other place. The Government of India had made it mandatory to link PAN card with Aadhaar and said that all PAN cards should be linked with Aadhaar. But if you do not do this, then according to the notification of the Direct Tax Central Board, your PAN card will not be operative and it will not be operative until you link it with Aadhar card. So if you do not link it by the given date then it will not be operative but will become operative again as soon as you link. Under the rules of the Income Tax Department, you can also be fined for not linking PAN with Aadhaar. If you do not link your PAN with Aadhaar by July 1, 2021, then you can be fined up to one thousand rupees.

In many types of provisions in financial transactions, it is necessary for you to have a PAN number. That is, without this, many of your financial works will stop, such as PAN is needed while opening a bank account, PAN number is required for selling or buying a vehicle or valuables. PAN number is also required in credit card or debit card. Similarly, PAN number is also required for transactions of rupees above a certain limit. When you file income tax, on the basis of PAN number, the income tax department gets information about your annual transactions and it has to be filled in the return form. At the same time, the PAN number is also necessary for the calculation of your tax refund. That is, if your PAN card is not operative, then you will not be able to do financial transactions.

So if you have not yet linked your PAN with Aadhaar, then do this work immediately. PAN is linked with Aadhaar online which can be done easily by following the guidelines of the website.

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