PAN card has now become necessary for everyone in India. The PAN card works very important for those who have a bank account and pay tax on time. Aadhar card pan card link, PAN card is the Permanent Account Number by which the government can monitor your income and outward. Now, we know about new rules for PAN card.
If you also have a PAN card or have created new PAN card, it is important to know new rules of government. If you do not know about these rules, you may have to pay fine. We are going to tell you the necessary information.
Government’s new rules For PAN card link
The government has recently given the time to link the PAN card with Aadhaar card till 31st May 2024. People who have not yet linked the PAN card to Aadhaar will have to finish this work before the 31st May 2024. If you have not linked, you will have to pay a fine.
Deadline to link Aadhaar with PAN
If you have not yet linked your PAN card to Aadhaar, do it today as the government has given the deadline to link till 31 May 2024. If you do not link the PAN card with Aadhaar card by this date, your PAN card will not work and fail from which you will have to create a new PAN card. And you may also have to pay penalties.
Aadhar Card Pan Card Not Link Fine
If your PAN card is not linked to Aadhar card, you will have to pay a fine of up to Rs 1000. This makes it necessary to aadhar card pan card link in any case, which will cause difficulty in your financial and bank transactions.
Aadhar card PAN card link steps
If you also want to link the PAN card with Aadhaar card, here you have been informed of some steps. This makes it easier to link an A card to Aadhaar card. Follow and link these steps.
- You go to the official income tax website (https://www.incometax.gov.in).
- Now go to the ‘Quick Links’ section, click on ‘Link Support’.
- Enter your PAN, Aadhaar number and mobile number in a new window.
- Select the option ‘I Verify My Aadhaar Details’.
- Enter the OTP on your registered mobile and click on ‘Validate’.
PAN Card Not Work
If your PAN card is not linked to support, you cannot do any financial work. You cannot do all things like ITR filing, opening a bank account, etc. If your PAN card is inactive and you use it as a document for financial purposes, you may be fined up to ₹ 10,000 under Section 272B of the Income Tax Act.
Conclusion
Everyone is required to Aadhar card PAN card link. According to the new rules of the government, PAN-Aadhaar linking is required till December 31, 2024. Avoid penalties and difficulties by completing this process soon. linking your PAN card with your Aadhaar card is now required for everyone in India, especially for those who have bank accounts and pay taxes. The government has set a deadline of 31 May 2024, for this process.
If you do not link your cards by this date, you will have to pay a fine of up to ₹1000, and your PAN card will become inactive. This will cause problems with financial transactions and may lead to more fines. It’s important to act quickly and follow the simple steps provided. Linking your PAN and Aadhaar will help you avoid any issues with your finances and comply with the new government rules.
*Follow the rules by linking your PAN card to Aadhaar and simplify financial transactions.
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