How And Why To Link Aadhaar-PAN: Explainer

The last date for linking the Permanent Account Number (PAN) with Aadhaar is March 31. And if they are not linked, the pan will become inactive.

Aadhaar-PAN Linking Last Date is March 31, 2022: According to the latest Finance Bill, a person will be liable to pay a late fee of up to ₹ 1,000 in case of non-linking of the PAN number with the Aadhaar by the due date.

It is now mandatory to link the Aadhaar number with PAN to complete income-tax-related tasks such as filing returns on income. Everyone who has been allotted a PAN and is eligible to obtain an Aadhaar number has to link them.

Aadhaar, also known as a Unique Identity number, is a 12-digit number issued by the Unique Identification Authority of India (UIDAI). PAN is a 10-digit alphanumeric number allotted by the Income Tax (I-T) department.