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Income Tax New Update: Government has given exemption to these people from linking PAN-Aadhaar, know how long is its deadline

The date for Pan-Aadhaar Link has been fixed as June 30, 2023. Earlier its deadline was fixed as 31 March 2023. If you do not link your PAN card with Aadhaar by June 30 or earlier, then your PAN card will be invalidated. For which you will have to face many serious consequences. You will not be able to do many important things. According to the Income Tax Act 1961, it is necessary for all PAN holders to link their PAN card with Aadhaar before June 30.

Linking of Aadhaar card and PAN card (Pan-Aadhaar Link) has been made mandatory by the government . Aadhaar card and PAN card are one of the most important documents in today’s time. Because of which the government has made it mandatory to link both of them. The use of both these documents is seen in almost every important work. Its last date is also coming closer.

When is the last date to link PAN-Aadhaar

The date for Pan-Aadhaar Link has been fixed as June 30, 2023. Earlier its deadline was fixed as 31 March 2023. If you do not link your PAN card with Aadhaar by June 30 or earlier, then your PAN card will be invalidated. For which you will have to face many serious consequences. You will not be able to do many important things. According to the Income Tax Act 1961, it is necessary for all PAN holders to link their PAN card with Aadhaar before June 30. However, there are many people who are exempted from this. In such a situation, it is also important for you to know whether you also come in the category of such people or not.

These people have got exemption from linking PAN-Aadhaar

Some people have also been exempted from the compulsion of Pan-Aadhaar Link . First of all, those who are not citizens of India have been exempted from linking PAN-Aadhaar. Apart from this, people who have completed or crossed the age of 80 years in the last year or at any time are also exempted from this. At the same time, according to the Income Tax Act 1961, non-residents are also exempted from this. Also, those living in Union Territories of Jammu and Kashmir, Assam and Meghalaya are also exempted from PAN-Aadhaar linking.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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