June 2023 is an important month from a personal finance point of view as there are some important tasks to be completed in the month ranging from PAN-Aadhaar linking to applying for higher EPF pension. Watch this Visual Story to check crucial personal finance-related deadlines next month.
What will happen if your PAN card becomes inoperative? - The deadline to link your PAN with Aadhaar has been extended from March 31, 2022 to March 31, 2023.
The Ministry has made it mandatory to link the Aadhaar number with PAN to complete income-tax-related tasks such as filing returns on income. Everyone who has been allotted a PAN and is eligible to obtain an Aadhaar number has to link them. 📝 PAN-Aadhaar Linking Tutorial: Here s How to Link Permanent Account Number With UIDAI.
Here s how you can avoid a penalty of Rs 10,000 on PAN card - If a person produces a PAN card which is no longer valid, then the Assessing Officer may direct the person to pay an amount of Rs 10,000 as penalty.
Pan card alert: Not completing this task by March 31 may cost up to Rs 10000 - If cardholders do not complete this crucial linking by the deadline, their PAN will become invalid.