Linking of PAN-AADHAR: You are going to Loose Your PAN Registration if You don’t do This


Linking of PAN-AADHAR
Linking of PAN-AADHAR

Linking of PAN-AADHAR: The deadline to link your Permanent Account Number (PAN) and Aadhaar is March 31, 2023. Do note that now there is a penalty applicable for linking PAN with Aadhaar. If you link your PAN with your Aadhaar now, then you are liable to pay a late fee of Rs 1,000 as the last date for linking without penalty was June 30, 2022 which is already past.

Why You Should Link Your PAN and Aadhaar Card Before March 31, 2023

Linking of PAN-AADHAR: PAN (Permanent Account Number) and Aadhaar (Unique Identification Number) are two important documents that every Indian citizen should have. They serve as identity proofs and also help in various financial transactions such as filing income tax returns, opening bank accounts, applying for loans, etc.

However, having these documents is not enough. You also need to link your PAN and Aadhaar card before March 31, 2023. This is a mandatory requirement as per Section 139AA of the Income Tax Act 1961. If you fail to do so, you may face some serious consequences such as:

  • Your PAN will become invalid and you will not be able to use it for any purpose.
  • You will not be able to file your income tax returns or claim refunds.
  • You may have to pay a penalty of up to Rs 10,000 for violating the law.
  • You may face difficulties in availing various government schemes and subsidies that require Aadhaar authentication.

Therefore, it is advisable to link your PAN and Aadhaar card as soon as possible. Here are some easy ways to do it:

How to Link your PAN and Aadhaar Card Online

Linking of PAN-AADHAR: One of the simplest ways to link your PAN and Aadhaar card online is through the official website of Income Tax Department www.incometax.gov.in. You can also use other websites or apps that offer online PAN-Aadhaar linking services such as HDFC Bank or UTIITSL.or

https://eportal.incometax.gov.in/iec/foservices/#/bl-link-aadhar

To link your PAN and Aadhaar card online, you need to follow these steps:

  • Visit the website or app that offers online PAN-Aadhaar linking service.
  • Enter your PAN and Aadhaar number along with other details such as name, date of birth, gender etc.
  • Verify your details by entering an OTP (One Time Password) sent to your registered mobile number or email id.
  • Submit the request and get a confirmation message on successful linking.

How to Link your PAN and Aadhaar Card Through SMS

Another convenient way to link your PAN and Aadhaar card is through SMS. You can send an SMS from your registered mobile number to either 567678 or 56161 with the following format:

UIDPAN<space><12 digit Aadhaar number><space><10 digit PAN>

For example: UIDPAN 123456789012 ABCDE1234F

You will receive an SMS confirmation on successful linking.

How to Link your PAN and Aadhaar Card Through Web Portal

A third option to link your PAN and Aadhaar card is through a web portal provided by Income Tax Department eportal.incometax.gov.in or incometaxindiaefiling.gov.in. This option requires you to register on the portal with your PAN as the user id if not already done.

To link your PAN and Aadhaar card through web portal, you need to follow these steps:

  • Log into the portal with your user id, password and date of birth.
  • A pop-up window will appear to link PAN with Aadhaar or go to ‘Profile Settings’ on the Menu bar and click on Link Aadhaar.
  • Enter your details such as name, date of birth, gender etc. as per both documents.
  • Tick on ‘I agree’ checkbox after verifying all details carefully
  • Click on ‘Link Now’ button You will get a message stating that “Your request has been submitted successfully”.

Benefits of linking your PAN and Aadhar card

Linking of PAN-AADHAR card has many benefits such as:

  • Simplifying the process of filing income tax returns
  • Reducing errors in verification of identity
  • Preventing frauds and misuse of documents
  • Enhancing transparency in financial transactions

Also read Metro Card Recharge: Now you can Recharge your Metro Card Through Whats App, Check How

What will happen if you don’t link your PAN and Aadhaar by March 31, 2023?

Here is a possible article about the consequences of not linking PAN with Aadhaar:

The government has made it mandatory for all taxpayers to link their Permanent Account Number (PAN) with their Aadhaar number by March 31, 2023. This is to prevent tax evasion and frauds using multiple PAN cards. If you have not linked your PAN and Aadhaar yet, you should do it as soon as possible to avoid any inconvenience and penalty.

According to the Income Tax Department, if you do not link your PAN and Aadhaar before March 31, 2023, your PAN will become inactive. This means that you will not be able to use your PAN for any financial transactions where quoting of PAN is mandatory. Some of these transactions are:

  • Filing income tax returns
  • Opening a bank account
  • Applying for a loan or credit card
  • Buying or selling property or shares
  • Making cash deposits or withdrawals above Rs 50,000
  • Investing in mutual funds or insurance

If you link your PAN to your Aadhaar after March 31, 2023, you will have to pay a late fee of Rs 1,000 as per Section 234H of the Income Tax Act. This fee will be in addition to any other penalty that may be imposed by the Income Tax Department for non-compliance.

Therefore, it is advisable to link your PAN and Aadhaar before the deadline to avoid any hassle and extra cost. You can link your PAN and Aadhaar online through the e-filing portal of the Income Tax Department.

Who are Exempted from PAN-AADHAR Linking

However, some categories of people are exempted from linking their PAN with Aadhaar. These are:

  • Non-residents as per Income Tax Act
  • Individuals above 80 years of age
  • Individuals residing in Assam, Jammu & Kashmir and Meghalaya
  • Individuals who do not have an Aadhaar number or have applied for one but have not received it yet

If you belong to any of these categories, you can furnish a copy of your passport, voter ID card or driving license instead of Aadhaar while filing your income tax returns.

To check whether your PAN and Aadhaar are linked or not, you can visit https://www1.incometaxindiaefiling.gov.in/e-FilingGS/Services/AadhaarPreloginStatus.html and enter your PAN and Aadhaar number. You will get a confirmation message if they are linked successfully.

Linking your PAN and Aadhaar is a simple process that can save you from a lot of trouble later on.

So don’t delay it any further and do it today!

Metro Card Recharge: Now you can Recharge your Metro Card Through Whats App, Check How

Metro Card Recharge: Metro Being the Life Line of cities, lakhs of people travels by metro train. To make travel easier Metro Rail Corporation keep updating their services.

Metro Card Recharge

Due to the crowd, you have to stand in a long line. But, now you will be able to book, recharge or cancel metro tickets through WhatsApp only . However, this facility has been started only in four cities of the country.

How to Recharge Your Metro Card Online and Through WhatsApp

Metro cards are smart cards that can be used to pay for metro train fares in various cities across India. They offer convenience, security and savings to the commuters. However, recharging metro cards can sometimes be a hassle, especially when there are long queues at the ticket counters or recharge machines.

Thankfully, there are some easy ways to recharge your metro card online and through WhatsApp. Here are some steps you can follow to avoid the hassle of recharging your metro card offline.

Recharge your metro card online

One of the simplest ways to recharge your metro card online is through the official website of Delhi Metro Rail Corporation (DMRC) www.dmrcsmartcard.com. You can also use other websites or apps like Paytm that offer online metro card recharge services.

To recharge your metro card online, you need to follow these steps:

  • Visit the website or app that offers online metro card recharge service.
  • Enter your metro card information such as card number and balance.
  • Select the amount of rupees you want to recharge your card with. You can choose from various options ranging from Rs 100 to Rs 3000.
  • Make the payment using your debit/credit card, net banking or wallet.
  • After successful online recharge, you will receive a confirmation message on your registered mobile number or email id.

Recharge your metro card through WhatsApp

Another innovative way to recharge your metro card is through WhatsApp. DMRC has recently launched a new service that allows commuters to recharge their metro cards through WhatsApp. This service is available for both Android and iOS users.

To recharge your metro card through WhatsApp, you need to follow these steps:

  • Save the DMRC’s official WhatsApp number +91 9911556677 on your phone contacts.
  • Open WhatsApp and send a message “Hi” to this number.
  • You will receive a welcome message with a link to register for this service.
  • Click on the link and fill in your details such as name, email id and mobile number.
  • You will receive an OTP on your registered mobile number. Enter it on the registration page and submit it.
  • You will receive a confirmation message with a link to recharge your metro card.
  • Click on the link and enter your metro card information such as card number and balance.
  • Select the amount of rupees you want to recharge your card with. You can choose from various options ranging from Rs 100 to Rs 3000.
  • Make the payment using any UPI app such as Google Pay, PhonePe or Paytm UPI.
  • After successful payment, you will receive a confirmation message on WhatsApp.

Benefits of recharging your metro card online and through WhatsApp

Recharging your metro card online and through WhatsApp has many benefits such as:

  • Saving time and avoiding queues at ticket counters or recharge machines
  • Getting cashback offers and discounts on online payments
  • Recharging anytime and anywhere with just a few clicks
  • Tracking your transaction history and balance easily

Whats App Recharge Facilities in 4 Cities

At present, this facility is started in 4 cities which includes Mumbai, Bangalore, Hyderabad and Pune Metro. Users of these four cities can recharges their card by using Whats App chatbot.

Also Read Loan Restructuring Vs. Loan Refinancing: A Guide for Borrowers