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Deadline for Linking PAN with Aadhaar Extended to 30 June: PFRDA

Deadline for Linking PAN with Aadhaar Extended to 30 June: PFRDA

Deadline for Linking PAN with Aadhaar Extended to 30 June: PFRDA

The Pension Fund Regulatory and Development Authority (PFRDA) has announced an extension of the deadline for linking Aadhaar with Permanent Account Number (PAN) to 30 June 2023. The Central Board of Direct Taxes (CBDT) has also extended the deadline for linking PAN with Aadhaar until this date.

Why does the government want to link PAN with Aadhaar?

Who Needs to Link PAN with Aadhaar?

As per the Indian government’s mandate, all individuals who possess a Permanent Account Number (PAN) and Aadhaar are required to link them. This includes individuals who file income tax returns or carry out any financial transactions that require PAN verification, such as opening a bank account or making high-value transactions.

What are the repercussions of non-compliance?

About The Pension Fund Regulatory and Development Authority (PFRDA)

FAQs

Is PAN Aadhaar linking deadline extended till June 30, 2023?

Yes, the deadline for linking the Permanent Account Number (PAN) with Aadhaar has been extended to June 30, 2023, by the Central Board of Direct Taxes (CBDT) and the Pension Fund Regulatory and Development Authority (PFRDA).

What is the late fine for a PAN Aadhaar link?

If you miss the deadline, your PAN card may become invalid and you may face other consequences such as restrictions on certain financial transactions, so it is advisable to link your PAN with Aadhaar before the deadline. There is also a provision for a fine of ₹ 1,000 for missing the deadline.

Author

  • Shubham Mittal is a renowned current affairs writer and expert in government exam preparation, inspiring readers with insightful articles and guiding aspirants with his expertise.

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