CBDT Deactivated 11.5 Crore PAN Cards Due To This Reason
According to the RTI response to activist Chandra Shekhar Gaur from Madhya Pradesh, out of the 70.24 crore PAN card holders in India, 57.25 crore successfully linked their PAN cards with Aadhaar.
Nov 11, 2023, 17:39 PM ISTExplained: 5 Major Changes Coming Into Effect From Today That Will Directly Impact Your Finances
Jul 01, 2023, 12:06 PM IST
PAN-Aadhaar not linked yet? Here's what you have to do now
The recent notification issued by the Central Board of Direct Taxes, or CBDT, states that failing to link Aadhaar and PAN results in a punishment of up to Rs 1,000.
Apr 03, 2022, 09:57 AM ISTPAN-Aadhaar link deadline on March 31: Here’s what will happen after missing last date
Following the deactivation of the PAN card, cardholders may face several consequences.
Mar 19, 2022, 18:27 PM ISTPAN card holders, Alert! Do THIS now or you may have to pay up to Rs 10,000 penalty
Cardholders should link their PAN card with the Aadhaar Card right now till March 31, 2021, to avoid any trouble.
Jan 06, 2022, 16:47 PM ISTPAN-Aadhaar linking deadline extended: See the SMS format, numbers to link THESE documents
A permanent account number (PAN) is a ten-character alphanumeric identifier that is issued by the Income Tax department to all taxpayers and it is required to carry out multiple financial activities. It is also an important identity proof. Apart from that, a user can also link PAN with Aadhaar online by just sending an SMS.
Apr 03, 2021, 14:37 PM ISTLinked PAN card with Aadhaar? Here’s how you can avoid late fees charges
A new section in the Finance Bill mandates to link PAN with Aadhaar, failing which can incur a late fee up to Rs 1,000 which will be excluded from other penalties for holding an inoperative PAN Card. Also if someone fails to link both these documents, then one's PAN Card will become inoperative.
Mar 29, 2021, 09:58 AM IST