Numerous such crucial tasks must be completed on time; otherwise, issues must be resolved in the future. Out of these tasks, one vital task must also be completed right away; if it is finished on time, people’s work does not stall. This also includes PAN cards. Linking your PAN card to your Aadhaar card is crucial. Its deadline is also approaching at the same time. Consumers must link their PAN cards and Aadhaar cards as soon as possible; else, they may run into a lot of problems.
PAN Card
To conduct financial activities and submit income tax returns, individuals require a PAN card. Financial transactions may be challenging for those without PAN cards. The Income Tax Department, on the other hand, has stated that people must link their PAN card with their Aadhaar card. Additionally, the expiration date is approaching.
The PAN card and Aadhaar card can no longer be linked after June 30, 2023.
People currently only have two weeks to complete this. Within this time, people must link their PAN cards to their Aadhaar cards. People will also need to pay Rs 1000 to link their PAN cards to their Aadhaar cards at the same time.
People may encounter numerous issues.
If they are unable to link their PAN cards with their Aadhaar cards by the deadline. People may experience issues filing income tax returns if it is not connected to an Aadhaar card. In addition, people could have trouble executing tasks connected to economic transactions.
Read More: Important news for NPS investors! new withdrawal rules will be implemented soon
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