The deadline to link the Permanent Account Number (PAN) with the Aadhaar card has been extended till June 30, 2023, the finance ministry said in a release on March 28.
The extension came shortly before the current deadline was set to expire on March 31.
PAN cards which are not linked with Aadhaar will become inoperative from July 1, the finance ministry noted. The consequences will be that “no refund shall be made against such PANs”, “interest shall not be payable on such refund for the period during which PAN remains inoperative”, and “TDS and TCS shall be deducted at higher rate”, the release stated.
The linking of PAN and Aadhaar can be completed by visiting the Income Tax department’s portal, and paying a fee of Rs 1,000.