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Link Aadhaar to PAN by March 31 or pay Rs 500-Rs 1,000 penalty

The income-tax department has notified penalties for non-linkage of PAN and Aadhaar; PAN to be inoperative if not linked to Aadhaar.

March 30, 2022 / 08:11 PM IST

You will have to shell out penal charges of Rs 500 to Rs 1,000 if you fail to link your Permanent Account Number (PAN) and Aadhaar within two days. March 31 is the deadline for completing this exercise.

Penalty for failure to seed PAN with Aadhaar by March 31

The Central Board of Direct Taxes (CBDT) has decided to impose a fine of Rs 500 if you miss this deadline, but complete the seeding process within three months – that is, by June 30, 2022. If you are unable to do so, you will be charged double the penal fee.

Also read: Money matters that need your attention before March 31