New Delhi: The deadline to link the PAN card to the Aadhaar card has been extended to June 30, 2023. The earlier deadline was March 28.
The finance ministry in a press release said that the PAN cards which are not linked with Aadhaar will become inoperative from July 1. "The consequences will be that no refund shall be made against such PANs, interest shall not be payable on such refund for the period during which PAN remains inoperative, and TDS and TCS shall be deducted at a higher rate". "It can be activated again in 30 days upon intimation of Aadhaar to the prescribed authority after payment of a fee of Rs 1,000," added the ministry.
The procedure to link the two documents can be completed by visiting the Income Tax department's portal for a fee of Rs 1000. Over 51 crore PANs have already been linked to Aadhaar.
The Opposition last week asked the BJP government to extend the deadline and waive the charges.
"This is a nightmare and hazardous to a maximum number of Indian citizens and not complying with this order would bring extreme misery to most of them. I earnestly request you to instruct the Ministry of Finance, Department of Revenue to empower all local and sub-post offices to help people to get their pan card linked with Aadhar card free of cost as well as extend the deadline by six months," said Congress' Lok Sabha leader Adhir Ranjan Chowdhury on a letter PM Modi.