Please do not miss this deadline. The last date to link your PAN (Permanent Account Number) with Aadhaar (Unique Identification Number) is June 30, 2023. The Income Tax Department (ITD) has been reminding Indian residents who are PAN cardholders to link their PAN with Aadhaar from last 3 years now. The linking of PAN and Aadhaar is mandatory under the Income Tax Act, 1961.
If you fail to link your PAN with Aadhaar by the deadline, your might find out that PAN number will become inoperative. This means that you will not be able to use your PAN for any financial transactions, such as filing your income tax returns, opening a bank account, or buying a property. You will also be liable to pay a penalty of Rs. 1,000.
Step to Link Pancard and Adharcard:
There are 3 ways to link your PAN with Aadhaar.
- You can do it online through the ITD’s e-filing website,
- by visiting a PAN-Aadhaar linking center
- by sending an SMS.
How to link Aadhaar with PAN Card via online?
To link your PAN with Aadhaar online, you will need to visit the ITD’s e-filing website and log in using your PAN and generate a password. Once you have logged in, you will need to click on the “Link Aadhaar” tab. You will then need to enter your Aadhaar number and your name as it appears on your Aadhaar card. You will also need to enter your mobile number. Always use a number which you plan to keep longer with you. If you prone to keep loosing your number, you might find hard to keep visiting center for updating your phone number in PAN records. Once you have entered all of the required information, you will need to click on the “Link Aadhaar” button.
How do I link PAN with Aadhaar Offline?
If you are unable to link your PAN with Aadhaar online, you can visit a PAN-Aadhaar linking center. You can find a list of PAN-Aadhaar linking centers on the ITD’s website.
How do I link PAN with Aadhaar Offline?
You can also link your PAN with Aadhaar by sending an SMS. To do this, you will need to send an SMS to 567678.
How to send Pancard and Adharcard detail for Linking?
UIDPAN <space> Your PAN<spac> Your Aadhaar Number
For example, if your PAN is ABCD1234F and your Aadhaar number is 123456789012, you would send the following SMS to ‘567678’ or ‘56161’
Example:-
UIDPAN ABCD1234F 123456789012
Once you have linked your PAN with Aadhaar, you will receive a confirmation SMS from the ITD.
Here are some of the benefits of linking your PAN with Aadhaar:
It will help to prevent identity theft and fraud.
It will make it easier for you to file your income tax returns.
It will make it easier for you to open a bank account or buy a property.
It will help to reduce the number of duplicate PAN cards in circulation.
If you have not yet linked your PAN with Aadhaar, I urge you to do so as soon as possible. The deadline was June 30, 2023.
Here are some additional resources that you may find helpful:
- Income Tax Department website: https://www.incometaxindia.gov.in/
- Aadhaar website: https://uidai.gov.in/
- How to link PAN with Aadhaar: https://www.cleartax.in/s/how-to-link-aadhaar-to-pan
Why Linking PAN Card with Aadhaar Card is Mandatory in India?
In recent years, governments around the world have recognized the significance of leveraging technology to enhance governance and streamline processes. One such initiative that has gained traction is the mandatory linking of PAN (Permanent Account Number) cards with Aadhaar cards in India. This article aims to explore the reasons behind the government’s emphasis on this linkage and the potential benefits it offers.
- Curbing Tax Evasion:
One of the primary reasons for linking PAN cards with Aadhaar cards is to curb tax evasion and promote financial transparency. By connecting these two identification documents, the government can establish a robust mechanism to track and identify individuals engaging in tax evasion practices. This linkage helps create a comprehensive database of individuals’ financial information, making it easier to detect discrepancies and ensure tax compliance. - Simplifying the Filing Process:
Linking PAN cards with Aadhaar cards simplifies the income tax filing process. It allows individuals to file their tax returns online, eliminating the need for cumbersome paperwork and reducing the chances of errors. This streamlined approach not only saves time but also promotes efficiency and accuracy in tax administration. - Eliminating Duplicate and Fake PAN Cards:
Another critical aspect of linking PAN cards with Aadhaar cards is the elimination of duplicate and fake PAN cards. Aadhaar, with its robust biometric authentication system, provides a secure and unique identification number for each individual. By cross-referencing Aadhaar details with PAN cards, the government can identify and deactivate any duplicate or fraudulent PAN cards, further strengthening the integrity of the tax system. - Targeted Delivery of Welfare Schemes:
Linking PAN cards with Aadhaar cards facilitates targeted delivery of welfare schemes and subsidies. By accurately identifying beneficiaries through their unique identification numbers, the government can eliminate leakages and ensure that the benefits reach the intended recipients. This system reduces corruption and ensures that welfare programs have a significant impact on the lives of the underprivileged. - Enhanced Financial Inclusion:
The linkage between PAN cards and Aadhaar cards also promotes financial inclusion. It enables individuals to access various financial services from banks, insurances seamlessly. With a verified identification system in place, individuals can open bank accounts, apply for loans, and avail of other financial products with relative ease. This promotes economic growth and reduces the reliance on informal and unregulated financial channels. - Strengthening National Security:
The linkage between PAN cards and Aadhaar cards plays a crucial role in bolstering national security. It helps create a comprehensive and accurate database of individuals, making it easier to identify and track potential threats. This information can be instrumental in investigations related to money laundering, terrorism financing, and other illicit activities.
The government’s emphasis on linking PAN cards with Aadhaar cards is a significant step towards creating a robust and transparent governance system. By curbing tax evasion, simplifying the filing process, eliminating duplicates, and enabling targeted welfare schemes, this linkage enhances financial inclusion, strengthens national security, and promotes overall economic growth. While addressing privacy concerns and ensuring data security remains important, the benefits of this integration outweigh the challenges, making it a valuable tool in promoting good governance