PAN-Aadhaar link: The main reason behind making the linking of PAN cards and Aadhaar cards mandatory was to reduce the duplication of PAN cards
Pan-Aadhaar link last date: Centre has fixed the last date to link the two cards as March 31
PAN-Aadhaar link last date: The Income Tax Department has fixed the last date to link the two cards as March 31, 2023, but the users will have to pay a penalty of Rs 1,000
PAN and Aadhaar card link last date: The Income Tax Department has fixed the last date to link the two cards as March 31, 2023, but the users will have to pay a penalty of Rs 1,000
Capital markets regulator Sebi on Wednesday asked all investors to link their PAN with Aadhaar number by March-end for continual and smooth transactions in the securities market. The non-compliance with this would be considered non-KYC compliant, and there could be restrictions on securities and other transactions until the Permanent Account Number (PAN) and Aadhaar are linked, Sebi said in a statement. The Central Board of Direct Taxes (CBDT) issued a circular in March 2022, whereby the PAN allotted to a person would become inoperative if it is not linked with Aadhaar by March 31, 2023, and would be liable to all the consequences under the Income-tax Act, 1961, for not furnishing, intimating or quoting the PAN. "Since PAN is the key identification number and part of KYC requirements for all transactions in the securities market, all Sebi registered entities and Market Infrastructure Institutions (MIIs) are required to ensure valid KYC for all participants. "All existing investors
So far, over 1,100 welfare schemes in the country run by both centre and states have been notified to use Aadhaar
Besides banking correspondent services through tie-ups with banks, the shops will be allowed to sell other commodities and general store items
For every Aadhaar authentication transaction performed by an Aadhaar user, the UIDAI generates a unique code to identify the transactions
Though technology is driven from places such as Bengaluru, Al Olama said it is coming from the rest of the world as well
The amendment made to the Aadhaar (Enrolment and Update) Regulations said users may update their documents to ensure the continued accuracy of their information in CIDR
The Walmart-owned firm said this will now enable several millions of Indians to become a part of the UPI ecosystem seamlessly
The India Post Payments Bank has increased charges for the Aadhaar Enabled Payment System service. The revised AePS Issuer transaction charges will be effective from December 1, 2022
According to DoT guidelines, an individual mobile subscriber can register up to nine mobile connections in his or her name
If the income tax return (ITR 2021-22) is not verified before the last date, it is deemed invalid (not filed) by the Income Tax Department
Maharashtra Chief Election Officer (CEO) Shrikant Deshpande on Monday said that the Voter ID cards will be linked to Aadhaar cards to enable authenticity, making the voting process better
While the late fees for linking PAN-Aadhaar will shoot up, doctors and influencers will have to pay 10% TDS on the benefits they receive from sales promotions
CAG pulled up UIDAI for issuance of Aadhaar to children below age of 5 years on the basis of the biometrics of their parents, saying such acts are against the basic tenets of Aadhaar Act
The earlier deadline of December 31, 2021 was similarly extended till March 31, 2022 and now, it is extended to June 30, 2022
The I-T Department hasn't made provision for allowing those ineligible for Aadhaar to mark their PANs, so the latter can be kept active after March 31
Earlier, in another big relief to tax assessees, the IT Department had extended the last date of payment of self-assessment tax, in case of tax liability upto Rs 1 lakh till November 30, 2020