Linking of PAN with Aadhaar has become mandatory, otherwise PAN will become inactive, know when is the last date

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PAN-Aadhaar Link: Like Aadhaar card, PAN is also a very important document. From financial transactions to opening accounts in banks, it is essential. PAN card is also required to file Income Tax Return every year.
Seeing its importance, the government has made it mandatory to link it with Aadhaar. That is, if you do not link your PAN card with your Aadhaar till March 31, then the PAN card will become inactive.

March 31 Last date for linking: Significantly, out of a total of 61 crore Permanent Account Number (PAN) in the country, about 48 crore have been linked to Aadhaar so far. At the same time, the government has made it clear that if the PAN is not matched with Aadhaar by March 31, then people will not be able to get the benefit of it in business and tax related work.

Explain that the government has made it mandatory to link PAN with Aadhaar (Pan Aadhaar Linking). While fixing the deadline of March 31, 2023, the government has said that if Aadhaar is not linked with PAN till this period, PAN will be declared inactive. Along with this, the government has said that from the present time to March 31, a fee of Rs 1,000 will have to be paid to link PAN with Aadhaar.

PAN will be inactive from April For example, several awareness campaigns have been launched to link PAN with Aadhaar (Pan Aadhaar link). The government has also extended the deadline several times. But now its last fixed limit has been declared. If PAN is not linked to Aadhaar by 31 March 2023, then from 1 April the PAN itself will become inactive. In such a situation, the PAN card holder will not be able to get its benefit. Because his PAN itself will not be valid after March.

What will be the loss: If someone does not link his PAN with Aadhaar within the stipulated time, then his PAN can become inactive. In such a situation, he will not be able to file Income Tax Return. Apart from this, he will also not be able to renew his pending returns. In such a situation, it is important that you link your PAN and Aadhaar by the stipulated time i.e. 31st March.

Here’s how you can link Aadhaar with PAN: Linking PAN Aadhaar is now very easy. You can easily link it while sitting at home. For this, first go to the e-filing of income tax. Quick link option will be available on the left side. Click on the Link Aadhaar option here. After this submit the PAN Aadhaar number. After filling the required information, an OTP, which you have to enter. After this your PAN will be linked with Aadhaar.

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