Kumari Palany & Co

No. of views : (2756)

Last date to link PAN and Aadhaar extended by three months, now June 30, 2023!

Posted on: 28/Mar/2023 3:40:01 PM
The Finance Ministry has extended the deadline for linking PAN and Aadhaar by three months from March 31 to June 30, 2023. Failure to link the two would make the PAN inoperative from July 1, 2023, with several consequences, including no refund, no interest, and higher TDS and TCS rates. The PAN can be made operative again in 30 days, upon intimation of Aadhaar and payment of ₹1,000. The Ministry added that those exempted from linking won`t be liable. Over 51 crore PANs have been linked with Aadhaar, and the process can be completed on the Income Tax website.