"Last Day to Link Aadhaar-PAN (June 30)
"30 June" final day to link your PAN and Aadhaar.
"No Further Extension Expected"
Take steps to link your PAN and Aadhaar by visiting the Income Tax e-filing website.
"Consequences of Not Linking PAN and Aadhaar"
Failing to link your PAN and Aadhaar can result in various consequences as stated by the Income Tax Department.
"Inoperative PAN from July 1"
Starting from July 1, unlinked PAN cards will become inoperative.
"Effects of Inoperative PAN"
When your PAN becomes inoperative, It can significantly impact your financial transactions and obligations.
"Refund of Tax and Interest"
If your PAN is inoperative, you will not be able to receive a refund of any tax amount or part thereof.
"Higher TDS and TCS Rates"
Not linking your PAN and Aadhaar can lead to higher Tax Deducted at Source (TDS) rates.
"Make PAN Operative Again"
To regain the operative status of your PAN, you need to link it with Aadhaar.
"Pay Fee to Reactivate PAN"
You may need to pay a fee of Rs 1000 to reactivate your PAN if it has become inoperative.