- Advertisement -
Home Personal Finance PAN-Aadhaar Linking: Good news, It is not necessary for everyone to link...

PAN-Aadhaar Linking: Good news, It is not necessary for everyone to link PAN-Aadhaar, these people have got exemption

0
PAN-Aadhaar Linking: How to activate inactive PAN, know complete information
PAN-Aadhaar Linking: How to activate inactive PAN, know complete information

Today is the last date to link PAN with Aadhaar. The Income Tax Department has made it necessary to link PAN card with Aadhaar. But let us tell you that it is not necessary for everyone to link PAN-Aadhaar.

New Delhi. The Income Tax Department has given a deadline of June 30, 2023, to link PAN card-Aadhaar (PAN-Aadhaar Linking). If a person does not link Aadhaar and PAN card by the deadline of 30 June 2023, then his PAN will become inoperative. Apart from this, those who link PAN with Aadhaar tomorrow will also have to pay penalty. PAN card is an important document for many government and non-government work. If you do not link PAN with Aadhaar, then you will have to face problems to do these things.

However, despite the mandatory PAN-Aadhaar linking, there are some people in the country who are exempted from this requirement. Aadhaar of these people will not be inoperative even if they are not linked with PAN, if they want to link PAN with Aadhaar, they will not be given penalty. Let us know who do not need to link Aadhaar-PAN.

These people need to link

As per section 139AA of the Income Tax Act, 1961, every person who has been allotted PAN as on July 1, 2017, and is eligible to obtain an Aadhaar number, shall link his Aadhaar with PAN within the deadline of June 30. It is necessary to do. If this does not happen, then the person’s PAN card will become inactive.

How much will be charged after June 30

If you do not link till June 30, then from July 1 you will have to pay the money. This means that if the inoperative PAN is activated again, then a fee of Rs 1000 will have to be paid. This is the reason why the department is constantly warning that PAN and Aadhaar should be linked.

Know who got discount

1. To the residents of the states of Assam, Jammu & Kashmir and Meghalaya.
2. Non-Resident Indian (NRI) 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.

- Advertisement -

Exit mobile version