Linking Permanent Account Number (PAN) to Aadhaar card is mandatory and the last date to link the two documents is March 31.
According to sources, one of the recommendations requires the DPMS sector to fulfil obligations of Customer Due Diligence (CDD) when they conduct cash transactions above a certain limit (USD/EUR 15,000). India is a member of FATF since 2010.
PAN-Aadhaar card linking: Around 18 crore permanent account numbers (PANs) cards are not linked to Aadhaar card, suggested a report by the government.
Finance Minister Nirmala Sitharaman on Thursday formally launched the facility for instant allotment of PAN through Aadhaar based e-KYC (on near to real-time basis). The Income Tax department took to Twitter and said the process of applying for the instant PAN is very simple. Here're simple steps to download instant PAN card.
Union Finance Minister Nirmala Sitharaman on Thursday launched a facility for instant allotment of PAN through Aadhaar based e-KYC. The facility will be available for those applicants who possess a valid Aadhaar number and have a mobile number registered in Aadhaar.
The Income Tax Department on Monday has issued a public message stating that it was 'mandatory' to link PAN card with Aadhaar. The IT Department also advised people not to 'miss' the deadline of March 31 for the same.
PAN Card Alert! If you have not yet linked your Permanent Account Number (PAN) with your Aadhaar Card number than you might land in a big problem. Those who fail to link their PAN with Aadhaar card; they may get hit on two counts.
Instant PAN Card: You can now get your PAN card instantly with no paperwork and no application. Follow these steps for a hassle-free, paperless instant online PAN card.
Two men, accused of duping banks of crores of rupees using credit cards made on the basis of forged Aadhaar and PAN cards, have been arrested from Greater Noida by the Uttar Pradesh police, officials said on Wednesday.
More than 17 crore PAN cards will become inoperative if not linked with the Aadhar by end of March. In a move with large scale disruption potential, the Income Tax Department has said that Permanent Account Number (PAN) will become inoperative if not linked with Aadhaar by March 31, 2020.
The Delhi Police on Thursday arrested a man with 62 fake Aadhaar and PAN cards in possession. The accused, identified as an associate of Tillu Tazpuria Gang, was involved in a number of crimes including duping various companies.
Over 17 crore PAN cardholders have not linked the document with Aadhaar card despite the Income Tax department extending the deadline eight times. According to an amendment in the Finance Bill, 2019, the income tax department can make all such PAN cards which are not linked to Aadhaar inoperative.
The government this month will roll out a facility to issue online PAN cards instantly on furnishing of Aadhaar details, Revenue Secretary Ajay Bhushan Pandey has said. The Budget 2020-21 has proposed to launch a system under which Permanent Account Number shall be instantly allotted online on the basis of Aadhaar without filling up the detailed application form as it sought to further ease the process of allotment of PAN.
Holding Aadhaar card, Passport? then you must pay attention! Sharing of Aadhaar card, passport, driving license and PAN card details would become mandatory to update the National Population Register (NPR) for those who possess these documents, the Home Ministry sources clarified on January 15. Whereas, those who do not possess these documents in the first place, won't be asked to provide such details.
The Central Board of Direct Taxes (CBDT) has extended the Aadhaar-PAN linking deadline till March 31, 2020.
PAN-Aadhaar linking deadline: Your PAN card will be treated as 'inoperative' if you fail to link it with your Aadhaar card by 31 December 2019. The income tax department extended the Aadhaar-PAN linking deadline seven times. The Central Board of Direct Taxes (CBDT) in September extended the deadline from September 30 to December 31, 2019.
It is mandatory to link your PAN with Aadhaar, according to the public message issued a fortnight before the deadline ends.
The deadline to link Permanent Account Number (PAN) with Aadhaar ends on December 31. The deadline for PAN Card-Aadhaar linking was extended for the seventh time. All PAN card holders are advised to link the two documents online or via SMS, otherwise they might just land themselves in trouble.
PAN-Aadhaar linking deadline extended Update: The Government of India has extended deadline of linking Pan-Aadhaar card to March 31. If you have not yet linked you PAN-Aadhaar then follow these steps to do it without any hassle.
Aadhaar cardholders there's an important update in the rules. Providing the wrong 12-digit biometric id number can attract a fine of Rs 10, 000. Hence, individuals need to be careful while quoting Aadhaar card numbers.
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