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PAN-Aadhaar link deadline on March 31: Here’s what will happen after missing last date
Zee News
Following the deactivation of the PAN card, cardholders may face several consequences.
New Delhi: For PAN cardholders, the last date to link the document with Aadhaar Card is March 31, 2022. If cardholders fail to link PAN and Aadhaar cards by the last date, they could have to face a slew of penalties, including the deactivation of their PAN cards. That’s why cardholders are advised to link the two important documents.
Following the deactivation of the PAN card, such cardholders may face several consequences. For instance, they will have to face troubles with their Demat and ITR accounts.
Moreover, even in opening a new bank account, they may have to face troubles. So, in simple terms, you will lose out on many services that require individuals to share their PAN card details.
However, the government has allowed PAN cardholders to link the PAN with Aadhaar card even after the deadline. But such cardholders will have to pay an additional penalty for missing the PAN-Aadhaar link deadline of March 31, 2022.
What are the consequences of missing the PAN-Aadhaar deadline?