Aadhaar-PAN Linking: The last date to link your Aadhaar Card with PAN Card is here and as per last updates, March 31, 2023 is the final deadline to do this. However, as per a latest report, the government is likely to extend this deadline but with a penalty.
According to a report in the Economic Times, the government is likely to extend this deadline to link PAN with Aadhaar by another two to three months. However, people who will be linking after March 31 may have to pay a late fee.
If the deadline to link Aadhaar with PAN is extended, the Central Board of Direct Taxes (CBDT) could also issue a notification soon. Even before this, the CBDT had extended the deadline from March 30, 2022 to this March 31, 2023. Back then, it set a fee of Rs 500 for up to three months from April 1, 2022 and Rs 1,000 after that.
In other news, even Securities and Exchange Board of India (SEBI) has asked investors to ensure that their PAN Card is linked with Aadhaar by March 31, 2023. It has sent repeated reminders to everyone to ensure that the necessary linking is done.
It must be noted that as of now, the last date to link PAN with Aadhaar is March 31, 2023 and the government has not announced any extension. However, in case of new updates, information would be shared here.