The government has made it mandatory to link PAN card with Aadhaar card. The government has extended the deadline for linking by a long time. However, many people still have not linked their PAN card with Aadhar card. However some people do not need to do this linking. Let us know who is included in this list.
Aadhaar card: It has been made mandatory to link PAN Card with Aadhaar Card. Actually, PAN card is used for financial transactions or tax. Similarly, Aadhar card is an important ID proof. It is used for non-government and government purposes.
In such a situation, the government has made it mandatory to link PAN card with Aadhar card. Many deadlines were given by the government regarding the link. Today we will tell you which people do not need to link PAN card.
Who cannot link PAN card with Aadhar card?
Let us tell you that some people do not need to link PAN card with Aadhar card. These include people above 80 years of age. Apart from this, according to the Income Tax Act, non-residents or those who do not have Indian citizenship are also not required to link PAN card.
What will happen if PAN card is not linked?
Those PAN card holders who have not yet linked their PAN card should do this as soon as possible. If Aadhaar card is not linked to PAN card then PAN card will be automatically deactivated. This means that it will not be used as a document. Apart from this, many financial transactions are also banned.
ITR cannot be filed if PAN is not linked to Aadhaar. Apart from this, bank related transactions are also stopped. Even the benefits of many government schemes are not availed.
To activate PAN card, you will have to visit the Income Tax Department website and link PAN with Aadhaar by paying a late fee of Rs 1,000.
