24 June 2024 | By INDIE
Linking your PAN (Permanent Account Number) to your Aadhar card is a legal requirement in India. By connecting your unique identity (Aadhaar) with your tax identification number (PAN), you ensure your financial transactions are aligned with your profile. Failure to link these documents can render your PAN suspended, leading to problems in financial transactions and tax submissions.
In this blog, we will guide you through the process of “how to link pan with aadhaar” step-by-step.
Linking these documents reduces the risk of identity theft and ensures your financial transactions are secure.
Say goodbye to lengthy forms and hello to a faster tax filing experience. Pre-filled forms and faster verification times make it a breeze.
Several government schemes require a linked PAN-Aadhaar for smooth processing.
Before you begin the linking process, it's essential to ensure that the details on your PAN and Aadhaar cards match accurately. Any discrepancies in the information may lead to complications during the linking process. You can verify your PAN and Aadhaar details by visiting the official websites of the Income Tax Department and UIDAI (Unique Identification Authority of India), respectively.
The Income Tax Department provides multiple options for linking your PAN with Aadhaar, including online and SMS-based methods. For the sake of convenience and efficiency, we'll focus on the online linking method in this guide.
To begin the online linking process, visit the official Income Tax e-Filing portal at www.incometaxindiaefiling.gov.in. If you haven't registered on the portal yet, you'll need to do so before proceeding. Registration is a simple process that requires basic personal information and PAN details.
Once you've logged in to the e-Filing portal, navigate to the 'Profile Settings' tab and select 'Link Aadhaar' from the dropdown menu. Alternatively, you can also find the 'Link Aadhaar' option under the 'Quick Links' section on the portal's homepage.
In the 'Link Aadhaar' section, you'll be prompted to enter your PAN and Aadhaar numbers, along with your name as per Aadhaar. Ensure that the information provided matches the details on your PAN and Aadhaar cards accurately.
After entering the required information, double-check the details for accuracy and completeness. Once you're satisfied with the information provided, click on the 'Link Aadhaar' button to submit your request for linking PAN with Aadhaar.
Upon successful submission, you'll receive a confirmation message indicating that your PAN has been linked with Aadhaar. You can also verify the status of the linking process by logging in to the e-Filing portal and navigating to the 'Profile Settings' tab.
After linking your PAN with Aadhaar, it's important to keep both documents updated with any changes in personal information, such as address or contact details. This ensures smooth communication with government authorities and prevents any issues during future transactions.
Linking of PAN and Aadhaar is a straight-forward process which helps you to avail many benefits of the banking world. Once you have linked your accounts, you can enjoy seamless access to a range of banking services on INDIE. From opening a savings account to managing your finances, INDIE offers a user-friendly interface and robust security features to make your banking experience hassle-free.
Also read: Steps To Open An INDIE Account
In conclusion, by following the steps outlined in this guide, you can ensure compliance with regulatory requirements and enjoy uninterrupted access to financial services. Take the next step towards financial empowerment today!
The IT department has made it compulsory to link PAN with the Aadhaar card by 30th June 2023, or else the PAN will become inoperative.- Source - Cleartax
Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.