18/12/2022
The Income Tax (I-T) Department has announced that those PAN cards that are not linked to Aadhaar will become inoperative from April 1, 2023.
The tax department has asked people to link their Aadhaar with their PAN by March 31, 2023.
The department further stated that from April 1, 2023, the unlinked PAN will become inoperative. "The last date is approaching soon. Don’t delay, link it today!".
The PAN card, which is necessary for making a number of financial operations, such as creating bank accounts, depositing money into them, opening Demat accounts, and buying and selling real estate, if not linked to Aadhaar, will be termed invalid.
The deactivated PAN will become active once it is linked to Aadhaar.
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#2022 #2023