BusinessFor Income Tax Returns, Either Aadhaar Or PAN Will Do, Says Minister
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For Income Tax Returns, Either Aadhaar Or PAN Will Do, Says Minister
"More than 120 crore Indians now have Aadhaar card": Finance Minister
New rule will benefit new tax payers who have Aadhaar but not PAN
PAN has so far been mandatory for filing Income Tax Returns
After Aadhaar was introduced, it became mandatory to link PAN and Aadhaar for this. (Representational)
Union minister Nirmala Sitharaman today said Aadhaar and PAN or Permanent Account Number will be "interchangeable" when it comes to filing Income Tax returns. The new rule is expected to benefit entry-level tax payers who have Aadhaar but not PAN.