The Central Department of Income Tax has announced that the deadline for linking Aadhar card with PAN card (Income Tax Permanent Account Number card) is on 30th June!
In a notification released by the Central Department of Income Tax in this regard, it is mentioned that failure to comply with linking Aadhar with PAN before 30th June will entail a situation of the PAN cards made INVALID!
Further, in case Aadhar Card is not linked with PAN Card even after 1st July, a penalty of up to Rs. 1000/- may be charged. Subsequently, in the case of the defaulters as above, their avenues of financial transactions, Bank particulars, pension, etc., may get affected!