How to link pan card with aadhar; detailed info
Linking your PAN (Permanent Account Number) card with Aadhaar is now mandatory for all taxpayers in India. It is a straightforward process that can be completed both online and offline. In this article, we will provide a detailed guide on how to link your PAN card with Aadhaar, including the various methods available, the requirements, and the benefits of linking your PAN card with Aadhaar.
Why Link Your PAN Card with Aadhaar?
Before we dive into the steps to link your PAN card with Aadhaar, let’s first understand why it is necessary to do so. Here are a few reasons:
Compliance with the Law: As per Section 139AA of the Income Tax Act, every individual who possesses a PAN card must link it with their Aadhaar number.
Avoid Penalties: Failure to link your PAN card with Aadhaar by the deadline set by the government can attract a penalty of up to Rs. 1,000.
Prevent Tax Evasion: Linking your PAN card with Aadhaar helps the government keep track of your financial transactions, thereby preventing tax evasion.
Now that we know the importance of linking your PAN card with Aadhaar, let’s move on to the steps to do so.
Methods to Link PAN Card with Aadhaar
There are two ways to link your PAN card with Aadhaar – online and offline.
Online Method:
Linking your PAN card with Aadhaar online is a quick and hassle-free process. You can do so by following these simple steps:
Step 1: Visit the Income Tax e-Filing website – www.incometaxindiaefiling.gov.in.
Step 2: Click on the ‘Link Aadhaar’ option under the Quick Links section.
Step 3: Enter your PAN card number, Aadhaar number, and your name as mentioned on your Aadhaar card.
Step 4: Enter the Captcha code shown on the screen and click on ‘Link Aadhaar’ button.
Step 5: The website will verify your details with UIDAI (Unique Identification Authority of India), and if the details match, your PAN card will be linked with Aadhaar.
Offline Method:
Linking your PAN card with Aadhaar offline requires a bit more effort, but it is still a straightforward process. Here’s what you need to do:
Step 1: Visit the nearest PAN service center or NSDL TIN facilitation center.
Step 2: Submit a duly filled and signed ‘Annexure-I’ form along with a photocopy of your PAN card and Aadhaar card.
Step 3: Once your documents are verified, your PAN card will be linked with Aadhaar.
Requirements to Link PAN Card with Aadhaar
Before you proceed to link your PAN card with Aadhaar, make sure you have the following:
PAN Card
Aadhaar Card
Mobile Number linked with Aadhaar
Active Email ID
Access to the internet (in case of the online method)
Benefits of Linking PAN Card with Aadhaar
Linking your PAN card with Aadhaar comes with several benefits, some of which are listed below:
Faster Processing of Income Tax Returns: Once your PAN card is linked with Aadhaar, the process of filing your income tax returns becomes quicker and more streamlined.
Prevents Tax Evasion: As mentioned earlier, linking your PAN card with Aadhaar helps the government keep track of your financial transactions, thereby preventing tax evasion.
Easy Application of Personal Loans: Linking your PAN card with Aadhaar makes it easier for banks and other financial institutions to verify your identity and process your personal loan application.
Facilitates the Issuance of Passport: Linking your PAN card with Aadhaar can also help speed up the process of issuing a passport
Make it Easy to Get Bank Loans:
Linking your PAN card with Aadhaar can also simplify the process of getting bank loans. Banks often require proof of identity and address to approve loans, and having both your PAN card and Aadhaar linked can serve as sufficient documentation. This can speed up the loan application process, as well as reduce the possibility of fraudulent activity.
Prevent Tax Evasion:
Linking your PAN card with Aadhaar can help prevent tax evasion. The government can easily track your financial transactions and ensure that you are paying your taxes on time. This can help in curbing black money and boosting the country’s economy.
Easy Filing of Income Tax Returns:
With the advent of the new income tax return filing process, linking your PAN card with Aadhaar has become mandatory. It is now essential to link both documents to successfully file income tax returns. Failing to link the two may result in a penalty and delay in getting refunds.
Help in Verifying Identity:
Linking your PAN card with Aadhaar can serve as a reliable form of identification. Many services now require you to verify your identity, such as opening a bank account or applying for a SIM card. By linking your PAN card with Aadhaar, you can quickly verify your identity without the need for additional documentation.
Helps in getting LPG Subsidy:
Linking your PAN card with Aadhaar can also help you receive your LPG subsidy directly to your bank account. The government has made it mandatory to link your Aadhaar and PAN card for availing LPG subsidy. By linking your documents, you can ensure that the subsidy is credited to your account without any delays.
Steps to Link PAN Card with Aadhaar:
Now that you know the benefits of linking your PAN card with Aadhaar, here are the steps you need to follow to complete the process:
Visit the Income Tax e-Filing website and click on the “Link Aadhaar” option.
Enter your PAN card number, Aadhaar number, and name as mentioned in the Aadhaar card.
Cross-check the details entered and click on the “Link Aadhaar” button.
Once the verification is successful, a message will be displayed that your Aadhaar has been successfully linked with your PAN card.
In conclusion, linking your PAN card with Aadhaar can offer a wide range of benefits, from simplifying financial transactions to preventing tax evasion. It is a simple process that can be completed online, and it is essential to complete the process to avoid any penalties and delays in availing various services. By linking your documents, you can help the government in curbing fraudulent activities and boost the country’s economy.
What is Pan ccard and ITs uses
PAN card stands for Permanent Account Number, and it is a unique 10-character alphanumeric code issued by the Income Tax Department of India. The primary purpose of a PAN card is to serve as a means of identification for taxpayers in India. The card is essential for conducting any financial transaction or opening a bank account, and it is mandatory for filing income tax returns in India.
The PAN card contains several pieces of information, including the individual’s name, photograph, date of birth, and PAN number. It is a government-issued document that can be used as proof of identity, and it is recognized as an essential identity document for Indians.
The PAN card has various uses, and some of the essential ones are listed below:
Identification: The primary use of a PAN card is to serve as a means of identification for taxpayers in India. It contains the individual’s name, photograph, date of birth, and PAN number, which is used to verify the individual’s identity.
Taxation: The PAN card is essential for filing income tax returns in India. It is mandatory for all individuals who earn a taxable income to obtain a PAN card and quote their PAN number in their tax returns.
Financial Transactions: The PAN card is required for conducting any financial transaction above a certain limit. It is mandatory for opening a bank account, making deposits or withdrawals exceeding a specific amount, and purchasing or selling assets such as property, shares, and mutual funds.
Government Schemes: The PAN card is essential for availing of various government schemes such as Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Fasal Bima Yojana (PMFBY), and Pradhan Mantri Suraksha Bima Yojana (PMSBY).
Employment: The PAN card is used as proof of identity and address for employment-related activities such as background verification, opening a salary account, and submitting tax-related documents.
Passport: The PAN card is required for applying for a passport in India. It serves as proof of identity and can speed up the process of issuing a passport.
In conclusion, the PAN card is a crucial document that serves as a means of identification for taxpayers in India. It has various uses, including taxation, financial transactions, government schemes, employment, and passport application. It is important for all individuals who earn a taxable income to obtain a PAN card and quote their PAN number in their tax returns.
Why Govt asks citizens to link pan card with aadhar
The government of India has made it mandatory for citizens to link their PAN card with Aadhaar for several reasons. Here are some of the main reasons:
To prevent tax evasion: By linking PAN with Aadhaar, the government can track an individual’s financial transactions and ensure that they are paying their taxes correctly. This helps prevent tax evasion and ensures that everyone pays their fair share.
To eliminate duplicate PANs: There have been cases where individuals have obtained multiple PAN cards to evade taxes. By linking PAN with Aadhaar, the government can identify and eliminate duplicate PANs, which helps prevent tax evasion.
To simplify tax filing: Linking PAN with Aadhaar helps simplify the process of tax filing as it eliminates the need to submit physical copies of documents such as PAN card and address proof.
To facilitate the issuance of passport: As mentioned earlier, linking PAN with Aadhaar can help speed up the process of issuing a passport.
To curb black money: Black money refers to money earned through illegal means that is not declared for tax purposes. Linking PAN with Aadhaar helps track financial transactions and prevents individuals from concealing their income.
To ensure that benefits reach the intended beneficiaries: The government provides several subsidies and welfare schemes to citizens. By linking PAN with Aadhaar, the government can ensure that these benefits reach the intended beneficiaries and prevent fraud.
Overall, linking PAN with Aadhaar is an important step towards ensuring transparency in financial transactions and preventing tax evasion.
If someone not link pan card with aadhar what will happen
It is mandatory for Indian citizens to link their PAN (Permanent Account Number) with Aadhaar, as per the directives of the government. If someone fails to link their PAN with Aadhaar, their PAN card might become invalid, and they may face various consequences. Some of these consequences include:
Disqualification from financial transactions: If an individual fails to link their PAN with Aadhaar, they may not be able to carry out financial transactions such as opening bank accounts, making investments, applying for loans, and filing income tax returns.
Hefty penalty: If a person does not link their PAN with Aadhaar within the given deadline, they may be liable to pay a penalty of up to Rs. 1,000.
Invalid PAN card: If an individual does not link their PAN with Aadhaar, their PAN card may become invalid, and they may not be able to use it for any financial or legal purposes.
Difficulty in getting a passport: Failure to link PAN with Aadhaar can also result in difficulty in obtaining a passport.
Disqualification from availing government benefits: The government may disqualify an individual from availing government subsidies or benefits if they do not link their PAN with Aadhaar.
It is, therefore, advisable for citizens to link their PAN with Aadhaar to avoid any complications in the future.
How to get a new pan card? Eligibility
To apply for a new PAN card, you need to meet certain eligibility criteria. Here are the eligibility criteria for applying for a new PAN card:
Resident individuals
Any Indian citizen residing in India can apply for a PAN card.
Non-Indian residents can also apply for a PAN card if they have a source of income in India.
Companies
Any company registered in India can apply for a PAN card.
HUFs (Hindu Undivided Families)
HUFs can apply for a PAN card if they have a source of income.
Partnership Firms
Partnership firms can apply for a PAN card if they have a source of income.
Trusts
Any trust registered in India can apply for a PAN card.
Limited Liability Partnerships (LLPs)
LLPs registered in India can apply for a PAN card.
To apply for a new PAN card, you can follow these steps:
Visit the NSDL or UTIITSL website and click on the “New PAN Card” option.
Select the application type as “New PAN – Indian Citizen (Form 49A)” or “New PAN – Foreign Citizen (Form 49AA)” depending on your eligibility.
Fill in the required personal and contact details in the application form.
Upload the necessary documents like identity proof, address proof, and date of birth proof.
Pay the application fee using net banking, credit/debit card, or demand draft.
Submit the application form online and take a printout of the acknowledgement receipt.
Attach the required documents along with the acknowledgement receipt and send them to the NSDL or UTIITSL office.
Once your application is processed and approved, you will receive your PAN card within a few weeks.
How to make corrections or changes in Pan Card
If there are any errors or changes in the information on your PAN card, you can request to make corrections or updates. Here are the steps to make corrections or changes in PAN card:
Visit the NSDL or UTIITSL website
The first step is to visit either the NSDL or UTIITSL website. These are two authorized agencies for PAN card issuance and correction services in India.
Select the appropriate form
On the homepage of the NSDL or UTIITSL website, select the appropriate form for the correction or change you want to make. There are two forms available: Form 49A for Indian citizens and Form 49AA for foreign nationals.
Fill the form
Fill out the form with the necessary details, including your name, address, and PAN card number. Make sure you provide accurate information to avoid any errors or delays in processing your request.
Attach the necessary documents
Attach the necessary documents, such as identity proof, address proof, and proof of the correction you want to make. Make sure that the documents are clear and readable.
Submit the form
Once you have filled out the form and attached the necessary documents, submit the form to either NSDL or UTIITSL website. You can also submit the form physically to the nearest PAN card center.
Pay the fee
After submitting the form, you will be required to pay the fee. The fee varies depending on the correction you want to make. You can make the payment online using your credit/debit card or net banking.
Receive the corrected PAN card
After submitting the form and paying the fee, you will receive an acknowledgement receipt. The corrected PAN card will be delivered to your address within 15-20 working days.
Eligibility for making corrections or changes in PAN card:
Any individual who has been allotted a PAN card can apply for corrections or changes in the PAN card. The process for making corrections is the same for both Indian citizens and foreign nationals. However, foreign nationals may need to provide additional documents such as a copy of their passport, Visa or OCI card, and proof of address in India.
What to do when some one lost pan Card
If someone has lost their PAN card, they need to follow these steps:
File a First Information Report (FIR) with the police station in the area where the card was lost.
Apply for a duplicate PAN card online or offline. The online process can be completed through the NSDL or UTIITSL websites, and the offline process involves filling out and submitting Form 49A or 49AA at a PAN application center.
Provide the necessary documents, including a copy of the FIR, proof of identity, proof of address, and a recent passport-size photograph.
Pay the processing fee, which may vary depending on the mode of application and the category of the applicant.
Once the application is processed, the new PAN card will be sent to the applicant’s address.
It’s important to note that if the lost PAN card was linked with Aadhaar, the link should be immediately deactivated to prevent misuse of personal information. Additionally, if the lost PAN card was used for any financial transactions or tax-related purposes, the individual should inform the relevant authorities and take necessary steps to safeguard their financial interests.
Is it necessary to get a Pan card
It is not mandatory for everyone to have a PAN card. However, having a PAN card can be beneficial in many ways. For example, if you are earning an income, you may need a PAN card to file your income tax return or to carry out financial transactions such as buying or selling property, investing in the stock market, opening a bank account, or applying for a loan. Additionally, having a PAN card serves as a valid form of identification and can be useful in various official processes. So while it is not necessary for everyone to have a PAN card, it can be helpful in many situations.
Can Minors apply for Pan card
Yes, minors can apply for a PAN card. In fact, it is advisable for minors to apply for a PAN card as it serves as a valid identity proof and can come in handy for various financial transactions such as opening a bank account or investing in a fixed deposit.
The process for applying for a PAN card for a minor is the same as that for adults. The minor will need to fill out Form 49A, which is available on the NSDL or UTIITSL website or can be obtained from any TIN facilitation center.
In the case of minors, the application must be signed by either of the parents or a legal guardian. Additionally, a copy of the minor’s birth certificate must be provided as proof of age and identity.
It is important to note that minors cannot apply for a PAN card on their own, and the application must be made on their behalf by their parent or legal guardian. Once the minor turns 18 years old, they can apply for a PAN card on their own.
Can I link Pan Card with Aadhar through SMS?
Yes, you can link your PAN card with Aadhaar through SMS. Here are the steps to follow:
Open the messaging app on your mobile phone and create a new message.
Type UIDPAN<SPACE><12-digit Aadhaar number><SPACE><10-digit PAN number> and send it to 567678 or 56161 from your registered mobile number.
If the details entered by you are correct and match with the UIDAI database, your PAN will be linked with Aadhaar successfully.
It’s important to note that you need to have a registered mobile number with Aadhaar to link your PAN with Aadhaar through SMS.
If you do’nt have access to your registered mobile number, then how to link Pan Card with Aadhar
If you do not have access to the registered mobile number while linking your PAN card with Aadhaar, you can still complete the process using the following steps:
Visit the official website of the Income Tax Department, i.e., www.incometaxindiaefiling.gov.in.
Under the Quick Links section, click on the ‘Link Aadhaar’ option.
On the next page, click on the hyperlink that reads, “If you do not have the Aadhaar number and have only the Aadhaar Enrolment ID, click here”.
On the next page, enter your PAN, Aadhaar Enrolment ID, and the other required details like name, date of birth, etc.
Click on the ‘Link Aadhaar’ button.
A message will appear on the screen, confirming the successful linking of your PAN with Aadhaar.
You will also receive an SMS on your registered mobile number, confirming the linkage.
Alternatively, you can also visit the nearest Aadhaar enrolment centre to update your mobile number and then link your PAN card with Aadhaar using the SMS-based method or the online method.