As we all know, Government of India is pushing all the limits to make cashless transactions by implementing new services for all the citizens of India. Now, Government has made compulsory to Link PAN Card with Aadhar, the major reason behind this is to remove any duplicate data from the server. In this article, we will guide you through a step-by-step procedure to link you PAN Card with the Aadhar Number Online.
PAN stands for Permanent Account Number. It is a 10-digit Unique alpha-numeric code granted to all the entities who pay taxes. It is granted by Income Tax Department and it acts as all in one source for paying various taxes, making it handy for the government to keep track of all the activities. To pay taxes, you have to Link PAN Card with Aadhar.
PAN Card is compulsory for opening a new bank account, getting taxable income, to buy or sell assets above a specified limit, etc. Besides this, all the Citizens can use PAN card as a Proof of their Identification. PAN Card is also issued to Foreigners as a subject for visa and for opening business.
Aadhar is a 12-Digit Unique Identification Number issued to all the citizens of India based on their Biometric and Demographic Data. Government Offers lots of benefits for all the Aadhar Card holders.
Significance of Linking PAN Card with Aadhar
As per the Government Resource, Government has pushed all the entities to link PAN Card with the Aadhar Card before December 31, 2017. This may be due to following reasons:
Stop Tax Evasion: On linking PAN Card with Aadhar, Government will maintain a record of all the transactions made by the entities, whose Identity and Address will be linked with Aadhar.
Detect Multiple PAN Cards: The Second reason for linking the PAN Card with Aadhar is lower the number of people applying for Multiple Cards. With Multiple cards, a user can use one card for certain transactions and pay taxes. While the second card can be used to hide from Income Tax for not paying taxes.
Fill Income Tax easily: By linking PAN Card with the Aadhar, entities will be able to Pay Taxes quickly. Also, entities don’t need to provide their Income Tax Acknowledgement, which will be helpful for Tax Payers.
Method for Linking PAN Card with Aadhar Card
To link your PAN Card with the Aadhar card, all the Tax Payers have to register on E-filling Portal. After registration, follow the steps as given below:
- Login to the Income Tax E-filling Portal by submitting details like Name, Password, and Captcha. It will look as shown in the image below:
- After this, a Popup window will appear, which prompting you link PAN Card with the Aadhar Card. However, if Popup doesn’t appear then go to your Profile settings and Select “Link Aadhar”.
- Now, Enter required fields like Name, Date of Birth, Gender, etc.
- Verify all the details shown on screen with your Aadhar Card.
- If all the details are correct, Enter your Aadhar Number and click on”Link Now”.
- Finally, a Popup message will appear which shows that your Aadhar Card is linked with PAN Card.
What step should I take if my details of PAN Card do not match with Aadhar Card?
By instance, if PAN Card details like name, address, and date of birth are not matching with Aadhar, then you have to submit a solid proof and get all the details fixed. After this, you can link your PAN card with Aadhar.
Will I have to submit any Document to link PAN Card with Aadhar Card?
No, you don’t need to submit any of the proof to link PAN Card with Aadhar.
Which important details should I check while linking by PAN with Aadhar?
At the time of linking PAN Card with Aadhar, check the name, date of birth and gender appearing on the Income tax portal are same as stated on your Aadhar Card.