The government has given such people time till 31 December 2025 to link PAN and Aadhaar. Those who have been issued PAN on the basis of the old application form of Aadhaar have now been given time till 31 December 2025 to provide their Aadhaar number information to the Income Tax Department.

However, for all other PAN card holders, the last date for linking with Aadhaar without penalty was 30 June 2023. Now if anyone wants to get the linking done, he will have to pay a penalty of Rs 1,000.

How can we link?

The process of linking PAN and Aadhaar can be done both online and offline.

Online: You can easily do the linking by visiting the official website of the Income Tax Department.

Offline: You will have to go to any service center of NSDL or UTIITSL and fill the ‘Annexure-I’ form. You will also have to take a copy of PAN and Aadhar card with you.

Before linking PAN and Aadhaar, make sure that the name, date of birth and gender details in both are the same. If there is any difference in these details, the linking may be rejected. In such a case, you will have to get correction done either in Aadhaar or PAN.

This update is special for those who are new PAN holders and whose PAN is made on the basis of Aadhaar enrollment ID. Such people need not panic, they have now got time till December 2025.

If other people have not yet linked their PAN and Aadhaar, they should pay the fine and complete this work as soon as possible so that there is no problem in future.

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The Income Tax Department has made it mandatory to link PAN card with Aadhaar. Now its deadline has come very close and people have only a few days’ chance for this. Although many people complain that they are not able to do so. The Income Tax Department has given the reason for the failure of the effort. Along with this, the department has also given alternative measures.

This much penalty from July 1

First of all, know that under the Income Tax Act 1961, it has become necessary to link PAN card with Aadhaar. If you do not do this till June 30, 2023, then after that your PAN will stop working. Its deadline has been extended many times and now it can hardly be pushed further. If after June 30 i.e. from July 1, you will have to pay a penalty of Rs 1000 for this.

Kind Attention PAN holders!

While linking PAN with Aadhaar, demographic mismatch may occur due to mismatch in:
• Name
• Date of Birth
• Gender

To further facilitate smooth linking of PAN & Aadhaar, in case of any demographic mismatch, biometric-based authentication has… pic.twitter.com/UQuFnjda38

— Income Tax India (@IncomeTaxIndia) June 24, 2023

This will also be a loss

There are many disadvantages of delaying or not linking PAN card with Aadhaar. First of all, you have to pay penalty for delay. The Income Tax Department has made it clear that refund will be withheld if PAN is not linked with Aadhaar till the deadline. This means that if you do not link PAN and Aadhaar, you will not be able to get income tax refund. Apart from this, you will not get interest for the period for which the PAN is inoperative. Another major disadvantage of not linking PAN with Aadhaar is that you will be charged more TCS and TDS.

this is why the problem

Now know why the attempt to link PAN with Aadhaar is failing… The Income Tax Department says that due to mismatch in demographic information like name, date of birth and gender, there may be a problem in linking PAN with Aadhaar. Is. The Income Tax Department has told that in such a situation, the taxpayer should first get the wrong information of PAN and Aadhaar corrected.

Last resort to link

If you have already done this i.e. you have corrected the mistakes of PAN and Aadhaar, but even after that you are not able to link, then the Income Tax Department has given a solution for this too. In such cases, you can visit the dedicated centers of PAN service providers. There you can avail the biometric based authentication facility by paying a fixed fee.

The post Aadhaar PAN Link: Aadhaar-PAN can not be linked due to this reason, Know the solution to avoid penalty first appeared on Rightsofemployees.com.

In the new financial year, the rules of Public Provident Fund (PPF), popular among employed people, have changed. Now PAN and Aadhaar number have been made mandatory for investors investing in this scheme.

Earlier investment was allowed without submission of Aadhaar number. Apart from PPF, these new investment rules will also be applicable in other small savings schemes.

Interest blow: The government has increased interest rates on most small savings schemes for the April-June quarter of FY 2023-24. However, the interest rate on PPF remains unchanged at 7.1 per cent for the April-June quarter. The interest of this scheme has not increased for almost 12 quarters.

What is PPF Scheme: This scheme comes under Small Savings Scheme. Under this scheme, you can start investing from Rs.500. A maximum of Rs 1.5 lakh can be invested per year. The scheme has a lock-in period of 15 years. You can withdraw money before the lock-in period subject to certain conditions.

Tax exemption also: In this scheme, you can also get tax exemption under the old tax regime. Let us tell you that loan facility is also available on PPF. At the same time, if you want the benefit of more interest under the scheme, then the amount will have to be deposited between 1st to 4th of the month. This will also entitle you to the interest for the month you start the investment.

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