PAN-Aadhaar linking deadline extended till June 30

The cut-off date to hyperlink the Permanent Account Number (PAN) with the Aadhaar card has been prolonged until June 30, 2023, the finance ministry stated in a launch on March 28.

The extension got here rapidly earlier than the cutting-edge cut-off date became set to run out on March 31.

PAN playing cards which aren't related with Aadhaar becomes inoperative from July 1, the finance ministry noted. The outcomes can be that "no refund will be made towards such PANs", "hobby shall now no longer be payable on such refund for the duration for the duration of which PAN stays inoperative", and "TDS and TCS will be deducted at better rate", the discharge stated.

The linking of PAN and Aadhaar may be finished with the aid of using touring the Income Tax department`s portal, and paying a price of Rs 1,000.

If the June 30 cut-off date is overlooked and the PAN will become inoperative, it is able to be activated "once more in 30 days", upon "intimation of Aadhaar to the prescribed authority after price of price of Rs 1,000," the finance ministry noted.

As in line with the professional data, greater than fifty one crore PANs have already been related with Aadhaar until date.

Opposition leaders had, ultimate week, asked the authorities to increase the March 31-cut-off date and waive the rate of Rs 1,000 presently levied on linking PAN with Aadhaar.

"This is a nightmare and unsafe to a most variety of Indian residents and now no longer complying with this order might carry excessive distress to maximum of them," Congress' Lok Sabha chief Adhir Ranjan Chowdhury wrote to Prime Minister Narendra Modi on March 21.

"I earnestly request you to educate the Ministry of Finance, Department of Revenue to empower all nearby and sub submit places of work to assist human beings to get their pan card related with Aadhar card freed from value in addition to enlarge the cut-off date with the aid of using six months," Chowdhury had stated.