He said that those Fastags whose KYC is not completed by January 31 will be blacklisted or deactivated. To promote single Fastag, NHAI said that the accounts of those having more than one Fastag on the same vehicle will be blacklisted. KYC of Fastag has been made mandatory till 31 January. Whose deadline has been kept as 31 January 2024. Fastag being inactive means double the burden on the pocket. If you pay toll tax in cash, you will have to pay double the tax.

KYC is necessary

Is the KYC of your Fastag complete? If not then get it completed without any delay. Not doing this will increase the burden on your pocket. If you do not complete the KYC of your Fastag, your Fastag will become inactive. Not only this, you will also have to pay double toll tax. NHAI has instructed all Fastag holders to complete KYC. NHAI has also set the deadline to implement the One Vehicle One Fastag scheme by January 31. If this is not done, Fastag will be deactivated or blacklisted.

There are many people who use more than one Fastag on one vehicle. NHAI has declared it wrong and has asked to change it immediately. A Fastag will have to be taken for every vehicle. NHAI said that under the guidelines of RBI, Fastag without KYC will be deactivated. It is noteworthy that the reach of Fastag has reached 98 percent. At present more than 8 crore people are using it.

The post FASTag User Update: FASTag Will Get Deactivated After January 31 For These Users, Check Immdiately first appeared on Rightsofemployees.com.

The Income Tax Department has tweeted asking people to link Aadhaar card with PAN card. It has been said in the tweet that according to the Income Tax Act 1961, it is mandatory for all PAN holders who do not fall in the exempted category to link their PAN with Aadhaar before March 31, 2023.

Why is it necessary to link PAN card with Aadhaar?

The government uses the PAN card to keep a record of the financial transactions of the people in the country. It is issued by the Income Tax Department. It works through electronic system. All the tax related information of a person or company is recorded in a single PAN number. PAN serves to store that data. It is issued only once to any person. In such a situation, when it is deactivated, many problems may have to be faced.

How to link PAN card with Aadhaar?

To link your PAN card with Aadhaar online, you must first visit the Income Tax e-filing website. Here after entering your PAN and Aadhaar number in the form, you will have to fill your name as per your Aadhaar card. After this, if only your date of birth was written on your Aadhaar card, then you will have to put a right mark in the box. Then to verify, the captcha code given in the image has to be entered in it. After this, the option of “Link Aadhaar” will appear in front of you. Click on that. After completing this process, your PAN card will be linked with Aadhaar.

The post Income Tax Department warns, do this work by March 31, otherwise the PAN card will be deactivated first appeared on Rightsofemployees.com.