It has become necessary to link PAN card to Aadhaar card. The government had made it mandatory to link it long ago, although its last date was constantly moving forward. Now its last date has been fixed as 31 March.
It has become necessary to link PAN card to Aadhaar card.
The financial year is going to end on 31 March and many rules are going to change with the new year. Also, 31 March is the last date for many such works, which are related to your daily life. Constant information is also being shared by the government and banks that they should finish their necessary work as soon as possible. Now ICICI Bank has also informed its customers that before March 31, do a work related to PAN card.
Actually, it has become necessary to link PAN card to Aadhaar card. The government had made it mandatory to link it long ago, although its last date was constantly moving forward. Now its last date has been fixed as 31 March and this time will not be extended till 31 March, in this case it is necessary to link the Aadhaar-PAN card before 31 March. Not only this, if you do not link it, then your PAN card will stop working. Also, when you get activated back then you will have to pay a heavy fine.
In such a situation, ICICI has issued a notification on the banking application, informing the customers that their Aadhar card should be linked with the PAN card. The bank has even given a link to link Aadhar card-PAN card, from where you can get more information and link Aadhar card-PAN card. Customers are seeing this message on ICICI’s mobile application.
Will incur heavy penalty
PAN card will not be active when linked to Aadhaar and if you use inactive PAN, you can be fined. According to the Income Tax Department, a penalty of Rs 10000 can be imposed under section 272B of the Income Tax Act for any passive PAN usage after 31 March 2021. The department has already said in one of its notifications that if the taxpayers do not link PAN and Aadhaar card by March 31, then their PAN card will become inactive.
How to check if Aadhaar card is linked or not
Actually, many people do not know whether your Aadhaar card is linked to PAN card or not. In such a situation, you can find it by giving 2 minutes and if the Aadhaar link is not there, you can link it by going to the official website. To find out whether there is an Aadhaar link or not, one must first go to the official website or you can directly click on this link and go directly to the page where you have to know about the PAN-Aadhaar link. After filling the information here, you will get it confirmed.
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