Скачать с ютуб PAN Aadhaar Link Penalty And What Happens If Pan Card Is Not Linked To Aadhaar Card? | @sritimes954 в хорошем качестве

PAN Aadhaar Link Penalty And What Happens If Pan Card Is Not Linked To Aadhaar Card? | @sritimes954

The Permanent Account Number (PAN) card and Aadhaar card are critical identification documents for Indian citizens. The Income Tax (IT) department issues the PAN card, while the Unique Identification Authority of India (UIDAI) issues the Aadhaar card. PAN is a unique identification number issued to individuals and businesses for tax purposes. The Aadhaar number is a 12-digit unique identification number issued for all residents. However, the IT department has made linking PAN and Aadhaar cards mandatory. he IT department issued a circular that it is mandatory for all PAN-holders (except those who fall under the exempt category) to link their PAN-Aadhaar within 30th June 2023. Initially, the IT department mandated to link PAN-Aadhaar by 31st March 2022 and then extended it to 30th June 2022. However, people who linked their PAN-Aadhaar between 1st July 2022 to 30th June 2022 had to pay a fine of Rs.500. Subsequently, the IT department extended the last date to link PAN-Aadhaar to 30th June 2023. PAN holders who link PAN-Aadhaar between 1st July 2022 to 30th June 2023 must pay a penalty of Rs.1,000. PAN card will become inoperative from 01st July 2023 if PAN holders do not link it with their Aadhaar card. The IT department has mandated linking PAN-Aadhaar to regulate and curb tax evasion. Who falls under the exempt category for PAN-Aadhaar linking? The exempt category people need not link PAN-Aadhaar within 30th June 2023. The exempt category is as follows: Individuals residing in the states of Jammu and Kashmir, Assam and Meghalaya. A non-resident taxable person as per the Income-tax Act, 1961. People aged more than 80 years (Super Senior Citizens). Persons who are not citizens of India. Last date to link PAN with Aadhaar card The last date for PAN-Aadhaar linking is 30th June 2023. PAN cards not linked with Aadhaar will become inoperative after 1st July 2023. #aadhar #link #pencard