The public sector bank informed its customers that if they have not linked their PAN with their Aadhaar till June 30, their PAN card will be rendered inoperative and cannot be used for online transactions
The government had made it mandatory to link Aadhaar and PAN for filing returns. (Representative image)
NEW DELHI: If you are among a handful of taxpayers who haven’t linked your Permanent Account Number (PAN) with Aadhaar, it’s high time you do it.
On March 31, the Central Board of Direct Taxes (CBDT) had again extended the deadline to link the two IDs until June 30, citing requests from taxpayers.
Senior tax department officials, however, said this is the last extension as the government has now armed itself with powers to levy a penalty against those who are non-compliant.
The amendment, which was moved by finance minister Niramala Sitharaman in the last Finance Bill, has proposed a fine of up to Rs 1,000 against those who are in default of the requirement for intimation of Aadhaar number.
People struggle to link PAN with Aadhaar, flood Twitter with funny memes and jokes. Best ones
On Wednesday, several people across the country faced technical snags while linking their PAN cards with Aadhaar at the last minute, and in the meantime, shared memes to describe the situation.
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UPDATED: April 1, 2021 16:45 IST
People struggle to link PAN with Aadhaar, flood Twitter with funny memes and jokes. (Photo: Twitter)
Dealing with various financial services involving bank accounts, mutual funds and other documents on government websites can actually be a tedious task.
On Wednesday, several people across the country faced technical snags while linking their PAN cards with Aadhaar at the last minute, and in the meantime, shared memes to describe the situation.