How to Check Aadhaar Card Link With PAN Card?

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How to Check Aadhaar Card Link With PAN Card?

Every taxpayer who has a PAN card must link it with the Aadhaar Card, according to the Government guidelines. The last date to link the two documents was June 30th, 2023. In case, you miss the deadline, you can still link the PAN with Aadhaar but have to pay the amount. To check the status of your linked PAN with Aadhaar, you can use multiple options such as SMS, income tax website, or UIDAI website. 

 

After checking the status, if you find that your Aadhaar is not linked with the PAN card, you need to link it before 30 June 2023 to avoid paying a penalty of Rs.1,000. The government has made it mandatory for taxpayers to link their Aadhaar with their PAN cards. In the article, we share the process of linking your PAN with Aadhaar.

What is an Aadhaar Card?

In India, an Aadhaar is a Unique Identification Number that is issued by UIDAI to the residents of India. It is used as a document of identification for address and identity. In multiple government and non-government schemes, open a bank account, file taxes, obtain SIM cards, and receive government subsidies.

 

Recently, EPFO removed, the Aadhaar card from the documents list of Date of Birth. Now, you have to use different documents for identification of your birth. Check the required documents needed for EPFO.

 

An Aadhaar Card consists of different information such as fingerprints, iris scans, and demographic details such as name, date of birth, gender and residential address. So, having an Aadhaar card helps prove your identity and location, making life simpler in many ways.

What is a PAN Card?

The PAN stands for Permanent Account Number, it is a 10-character identifier, having both letters and numbers known as PAN. The card is generally provided in the format of a sturdy, laminated plastic card. The individuals must possess a PAN if specific criteria are met - primarily centred around earning levels and certain types of financial activities.

 

For instance, if your annual revenue surpasses a particular threshold or engage in designated monetary dealings requiring PAN usage fall into this category. Charities, companies, and professionals also require a PAN depending on individual circumstances. However, the PAN system streamlines taxation processes while promoting transparency in financial matters.

Why Link an Aadhaar Card with a PAN Card?

Here are several benefits to linking your Aadhaar with your PAN. These key reasons are as follows:

  1. Easy Tax Filing: At the time of connecting your Aadhaar with PAN, it takes your information for pre-fill. This information is filled out automatically while filing your income tax returns online. So, this reduces your risk of errors and saves you time. Also helps in faster processing of returns and refunds.
  2. Open a New Bank Account: Now, many banks require your Aadhaar-PAN to be linked to open new bank accounts and online wallets. If both documents are connected, then it makes the process of KYC smooth. Check the UIDAI's latest notifications and circulars to know the deadlines set by the government.
  3. Reduce the Risk of PAN Deactivation: As per government regulations, unlinked PAN cards can become inoperative from July 1, 2023. So, if you link your Aadhaar with your PAN, then it remains active and avoids any inconvenience from conducting financial transactions.
  4. Easy Access to Government Services: Many government schemes and subsidies now require Aadhaar-PAN linking for verification and authorisation. So, connect the documents to get benefits and prevent delays.
  5. Combats Fraud and Tax Evasion: The connection of these two unique identifiers helps in preventing illegal activities like PAN card duplicate creation and misuse. This helps in creating a more transparent and fair tax system.
  6. Streamlined KYC Verification: Many businesses and service providers rely on Aadhaar-PAN linking for efficient KYC verification. It helps in avoiding redundant document submission. 
  7. Improved Credit Score: Linking your Aadhaar and PAN can positively impact your credit score, making it easier to secure loans and credit cards at more favourable rates.

Process to Link Aadhaar with PAN

To link your PAN card with your Aadhaar card follow this process:

How to Check the Link Status of Your Aadhaar with PAN, Via SMS?

Check the Status Through the UIDAI Website

Conclusion

To link your Aadhaar with PAN offers multiple advantages. And,  it's a quick and straight process to benefit you in government and non-government schemes. So, attach your PAN with your Aadhaar, in case you miss the date, you can still link your PAN with Aadhaar but have to pay the late fees of Rs. one thousand. Also, you can face difficulty in receiving certain government benefits and subsidies or can have high TDS deduction rates for various transactions.

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