BusinessAadhaar To Be Made Mandatory For Filing Returns, PAN Applications
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Aadhaar To Be Made Mandatory For Filing Returns, PAN Applications
From July PAN card not linked to Aadhaar will be considered invalid
PAN is essential for basic financial transactions like receiving a salary
Government is working on linking all bank accounts to Aadhaar numbers
The government is working on linking all bank accounts to Aadhaar numbers.
When you file your income tax return, you will have to include your Aadhaar number, the government has proposed today in parliament. Any application for a Permanent Account Number or PAN, which is a unique ID assigned to each tax payer, will also have to state your Aadhaar or 12-digit unique ID, which is backed by biometrics like finger prints and iris scans stored in a central repository.
The new rules kick in starting July, Financ...