The last date to link Aadhaar with PAN is June 30, 2023. If you are among those who have not linked PAN with Aadhaar, then you must get PAN card linked with Aadhaar card before the deadline to avoid consequences. According to the Income Tax Department, the date for linking PAN and Aadhaar card has been extended to June 30, 2023. The last date for linking has been extended several times. Registered and unregistered users can link their Aadhaar and PAN on the e-filing portal ( www.incometax.gov.in ) in pre-login and post login mode.”

How much will be charged for Aadhaar-PAN link

If you have not linked Aadhaar-PAN by the deadline then you will have to pay the penalty. Before submitting the Aadhaar-PAN linking application on the e-filing portal, a necessary fee of Rs.1000 has to be paid. It will be paid in a single challan.

How to link PAN-Aadhaar after

paying penalty According to the Income Tax website, how to link PAN-Aadhaar by paying penalty –

• Step 1: You must first login to the official portal of Income Tax Department https://www.incometax.gov.in/iec/foportal/ . Click on the option to link PAN with Aadhaar on the dashboard.
• Step 2: Enter your PAN and Aadhaar number.
• Step 3: Click on continue to pay through e-pay tax.
• Step 4: Enter your PAN, confirm PAN and mobile number to receive OTP.
• Step 5: After OTP verification, you will be redirected to e-pay tax page.
• Step 6: Click on the option of Income Tax.
• Step 7: Select Age as 2024-25 and Payment Type as Other Receipts (500) and click on Continue.
• After payment of fee, you can link your Aadhaar number with PAN on the e-filing portal.

Question: What will be the consequences if I do not link Aadhaar with PAN by 30th June 2023?

If you do not link your Aadhaar with PAN by 30 June 2023, your PAN will become inactive. If the PAN becomes inoperative, you will be unable to do other important financial work related to the Income Tax Department. You may have to face inattention wherever PAN card is required.

The post How to pay penalty for linking PAN with Aadhaar, Here’s a Quick Step-by-Step Guide first appeared on Rightsofemployees.com.

You can easily get your PAN activated by paying a fine of Rs 1000. Let us know how you can reactivate your PAN.

How to reactivate pan card

• To link PAN and Aadhaar, first log in to your account on the e-filing website of the Income Tax Department 
• After logging in, click on the option to link PAN with Aadhaar.
• After clicking on this link you will be asked for personal information. You have to fill it. After filling all the columns, the fine amount of Rs 1000 has to be filled. 
• You can easily pay the penalty amount through e-pay tax. After this, its information will have to be given to the Income Tax Department. 

Will have to wait for 1 month after paying the fine 

It is not that you pay the fine and after that your PAN will be activated. It will take one month for the PAN to become active again. You will have to inform the concerned department after paying the fine. On the information given by you, the department will reactivate your PAN after 1 month.

Let’s say you paid the fine on 2nd July. After that request for activation of PAN again then your PAN will be activated on 1st August. Experts say that this fine payment will be in the form of other payments. So make sure that the correct option is selected while making the fine payment.

The post How to activate Your inactive pan card ? first appeared on Rightsofemployees.com.

However, in the meantime, the Central Board of Direct Taxes (CBDT) has issued a notification saying that some people can be given relief even after not having a PAN-Aadhaar link. Taxpayers who have deposited their Aadhaar-PAN linking fee before the June 30 deadline. Their PAN will be saved from being inoperative and relief will be given in this matter.

The Income Tax Department said in its tweet that such cases have come to the fore, where it has been seen that PAN holders are facing difficulties in downloading the challan after paying the fees for PAN-Aadhaar linking. For such cases, it is being informed that the status of challan payment can be checked in the ‘e-pay tax’ tab after login on the income tax portal. If the payment is successful, the PAN holder can proceed with the process of linking PAN with Aadhaar.

The Income Tax Department gave relief.

The department further said in a tweet that in cases where the PAN cardholder has paid and given consent, but their linking has not happened by June 30, 2023, their cases will be considered by the department. will be done and they will be given relief.

No need to download the challan receipt

The Income Tax Department said that there is no need to download the challan receipt for linking half of the PAN. The department said that as soon as the PAN holder completes the successful payment, an email is being sent to them with a copy of the challan. In such a situation, they do not need to download it separately.

Let us tell you that the law to link PAN with Aadhaar has come into force from July 1, 2017. Yesterday i.e. 30 June 2023 was the last date to link it. In such a situation, if a person has not been able to link his Aadhaar with PAN by June 30, 2023 and wants to link it at a later date, both can be linked after paying a fine to the Income Tax Department.

The post Income Tax Department gave big relief on PAN-Aadhaar linking, know who will get its benefit first appeared on Rightsofemployees.com.

If both the documents are not linked by this date, the PAN cards will be deactivated on July 1. 1000 rupees will have to be paid as a fine for linking PAN with Aadhaar. Meanwhile, a change has been made in the form for linking PAN with Aadhaar.

Actually, while linking PAN with Aadhaar, the option of Assessment Year (AY) is available. The Income Tax Department has now updated the assessment year. You have to select the assessment year 2024-25 for payment of late fee. Earlier the deadline was 31 March 2023. That’s why they used to select the assessment year 2023-24.

If you don’t link it won’t work

In this case, the Finance Ministry says that if the link is not done till the last date, then its date will not be extended further. It means to say that if you do not link, then from July 1, your PAN card will be of no use. If this happens, then card holders will not be able to do things like mutual funds, stock market investments. Till now PAN card is also required to open a bank account. Whether you want to buy land or make a deal, PAN card is required everywhere. Without this, many types of difficulties can be faced.

How to know link is there or not

Whether your PAN is linked with Aadhaar or not. To know this one has to visit the official website of Income Tax. In the website you have to click on ‘View Link Aadhaar Status’. Then a message will appear in front of you. By which it will be known whether your PAN is linked with Aadhaar or not.

Know how to link

Linking PAN with Aadhaar is very easy. For this you have to visit the official website of Income Tax. First of all go to www.incometaxindiaefiling.gov.in. Go to the ‘Quick Links’ section on the homepage and click on the Link Aadhaar option. After this a new window will open. Here you have to enter your PAN number, Aadhaar number and mobile number. You will get OTP on the registered mobile number. Then after that click on Validate. After paying the fine, your PAN will be linked with Aadhaar.

The post PAN Holder Rules: Major change in rules for linking PAN with Aadhaar, check new rules immediately first appeared on Rightsofemployees.com.

One of the same is the linking of Aadhaar card with PAN card. In fact, information has been given by the Central Board of Direct Taxes (CBDT) that if the PAN holders do not follow the instructions given by the government till June 30, then their business and tax related facilities will stop working. Simply put, their account will be banned.

Explain that out of total 61 crore Permanent Account Number (PAN), about 51 crore have been linked to Unique Identification Number Aadhaar so far. There are 10 crore people whose PAN-Aadhaar has not yet been linked. Now the government has rung the alarm bell for these people and has also fixed the last date for linking.

People who do not do this till June 30, will not be able to get benefits in business and tax related activities. Central Board of Direct Taxes (CBDT) Chairperson Nitin Gupta said that several crore PANs are yet to be linked with Aadhaar, but this work is expected to be completed by the June 30 deadline.

The government has made it mandatory to link PAN with Aadhaar. For this, setting a deadline of 30 June 2023, it has been said that individual PANs not linked to Aadhaar will be declared inactive after this date. Along with this, the government has said that a fee of Rs 1,000 will have to be paid for linking PAN with Aadhaar between June 30 from the present time.

Linking PAN with Aadhaar is not necessary for four categories.

According to the new instructions, some consumers have been exempted from linking PAN Aadhaar. In such a situation, it is important for you to know whether you also come under this exemption or not. List of exempted PAN users-

1. Residents of the states of Assam, Jammu & Kashmir and Meghalaya.
2. Non-Resident Indians (NRIs) as per Income Tax Act 1961.
3. Any person who was of the age of 80 years or more at any time during the previous year.
4. Persons who are not citizens of India.

Those who fall in any of the above categories are not required to link their PAN with their Aadhaar till the deadline.

The post PAN Card Holders Account Ban: Big News! Account of these 10 crore customers with PAN card will be banned first appeared on Rightsofemployees.com.

According to the new notification of the Government of India, Ministry of Finance and Department of Revenue, the last date for linking PAN with Aadhaar has been extended till 30 June 2023. It is very important for people to link PAN card with Aadhaar card. In such a situation, now the last date for linking PAN and Aadhaar with each other is 30 June 2023. However, while linking PAN with Aadhaar, people should also take care of one important thing.

The deadline to link Aadhaar and PAN card is now 30 June 2023. If you haven’t linked yours yet, you can still link PAN and Aadhaar but you will have to pay a fine of Rs 1000 for this. People who have PAN card but if they have not yet linked it with Aadhaar card, then such people can link PAN with Aadhaar by paying 1000 rupees.

PAN card update

If one does not link PAN with Aadhaar card by the stipulated date then the PAN card will become invalid. In this case, you can link PAN with Aadhaar card online by paying only Rs 1,000. To link PAN with Aadhaar card, you have to visit the official website https://www.incometax.gov.in/iec/foportal/ for filing income tax returns.

PAN Card-Aadhaar Card

After that you have to login there. If you do not have an account there, then you will have to create a new account using the PAN card. Note that the user ID for login will be your PAN number. Similarly, Aadhaar and PAN can also be linked through utiitsl.com or egov-nsdl.co.in government websites.

The post PAN Card Update: Government’s Order! Now these people will have to pay a fine of Rs 1,000, Know details instantly first appeared on Rightsofemployees.com.

If both the documents are not linked by this date, the PAN cards will be deactivated on July 1. 1000 rupees will have to be paid as a fine for linking PAN with Aadhaar. Meanwhile, a change has been made in the form for linking PAN with Aadhaar.

Actually, while linking PAN with Aadhaar, the option of Assessment Year (AY) is available. The Income Tax Department has now updated the assessment year. You have to select the assessment year 2024-25 for payment of late fee. Earlier the deadline was 31 March 2023. That’s why they used to select the assessment year 2023-24.

If you don’t link it won’t work

In this case, the Finance Ministry says that if the link is not done till the last date, then its date will not be extended further. It means to say that if you do not link, then from July 1, your PAN card will be of no use. If this happens, then card holders will not be able to do things like mutual funds, stock market investments. Till now PAN card is also required to open a bank account. Whether you want to buy land or make a deal, PAN card is required everywhere. Without this, many types of difficulties can be faced.

How to know link is there or not

Whether your PAN is linked with Aadhaar or not. To know this one has to visit the official website of Income Tax. In the website you have to click on ‘View Link Aadhaar Status’. Then a message will appear in front of you. By which it will be known whether your PAN is linked with Aadhaar or not.

Know how to link

Linking PAN with Aadhaar is very easy. For this you have to visit the official website of Income Tax. First of all go to www.incometaxindiaefiling.gov.in. Go to the ‘Quick Links’ section on the homepage and click on the Link Aadhaar option. After this a new window will open. Here you have to enter your PAN number, Aadhaar number and mobile number. You will get OTP on the registered mobile number. Then after that click on Validate. After paying the fine, your PAN will be linked with Aadhaar.

The post PAN-Aadhaar Linking Rules: Major change in rules for linking PAN with Aadhaar, check new rules immediately first appeared on Rightsofemployees.com.