PAN Aadhaar Linking : Will there be a big loss if you do not link PAN Aadhaar?

PAN Aadhaar Linking: Those people who have a PAN card and also an Aadhaar card and have not yet linked their PAN card with Aadhaar card, they are going to suffer a huge loss. This is not being said by us but by the government. Yes, this confirmed news is reaching you if you have a PAN card and Aadhaar card.

So today’s post is not going to be less than a boon, today’s post is going to save you from a huge loss. You must be aware that new rules are being issued by the government every day regarding Aadhaar card and PAN card, so let us tell you that recently the government has also issued new rules regarding PAN Aadhaar linking, the complete information of which is mentioned below.

Government made a big announcement regarding Aadhaar-PAN link

A very big announcement has been made by the government regarding linking of Aadhar card and PAN card. Yes, we would like to inform you that the Central Board of Direct Taxes, i.e. CBDT, has announced that all those people who have given enrollment ID while making PAN card before 1st October 2024, all those people are required to link PAN card with Aadhar card by 31st December 2025, which has been fixed, till this date, all these people can link their Aadhar card with PAN card absolutely free of cost.

If all of you do not link the Aadhaar card with the PAN card by keeping in mind the prescribed date, then the PAN card will be deactivated after January 1, 2026, along with this, many problems will be seen in the financial government service, along with this a fine can also be imposed and those people who have been fined will be able to link their PAN card with a late fee of ₹ 1000 before January 1, 2026 i.e. till December 31.

Why is it necessary to link PAN card with Aadhaar card?

It is necessary to link Aadhaar card with PAN card for some important reasons given below:-

  • You cannot file income tax return if Aadhaar card and PAN card are not linked together.
  • There may be obstacles in applying for credit card and many other bank financial transactions.
  • There is every possibility of stopping income tax refund also.
  • The impact on tax evasion and fraud will be prevented.

Therefore, due to these important reasons, it is important for you to link your Aadhaar card with your PAN card.

How to link Aadhaar card to PAN card?

  • To link Aadhaar card with PAN card, one has to visit https://www.incometax.gov.in.
  • And select the Link Aadhaar option from the home page.
  • PAN number and Aadhar number have to be filled.
  • OTP verification has to be confirmed.
  • ₹1000 late fee is to be paid, if applicable.
  • The linking process has to be completed.

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