The Government of India announced that the PAN card number should be linked Aadhaar before 31st December. On Thursday, the centre has said this rule to widen the 12-digit biometric identity project. As per the reports, those who didn’t link their PAN (Permanent Account Number) to Aadhaar will be deemed invalid.
Currently, all taxpayers need to have PAN card to pay the income tax return, and others such as students use it as an identity proof. The government has mentioned that many of PAN cards are fraudulently obtained. Previously, the centre has announced that the Aadhaar Number is compulsory for filing income tax returns from 1st July 2017.
How to link PAN card to Aadhaar
- Go to the e-Filing portal of the Income Tax Department and log in to the website by entering Log-In ID, Date of Birth and Password.
- On logging into the site a pop-up window will appear, prompting you to link your PAN card number to Aadhaar.
- If pop-up window doesn’t appear, go to profile settings and click on ‘Link Aadhar’ button.
- Enter all the details as mentioned and then click on ‘Link Now’ button.
- You will get a message after your PAN card successfully linked to Aadhaar.
For the past few years, the government has linked the Aadhaar Number to many schemes and subsidies. With the Aadhaar number linked to PAN card and bank accounts, the government can easily track the income and expenditures of the people and how much transactions are done in their bank accounts each time.
Earlier, the Finance Minister Arun Jaitley announced that the Aadhaar Number might become only the proof identity by replacing all other identification cards like Voter ID and PAN card. It also mentioned that the Aadhaar number is mandatory for income tax returns in order to find fraud and tax evasion.
Currently, more than 1.08 billion people in the country have a unique identification number. Around 250 million PAN cards are made mandatory for cash transactions if the hotel or travel bill exceeds Rs. 50,000. In addition to this, it is also necessary for the purchase of jewellery above Rs. 2 lakhs.