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Here’s What Happens To Your Salary If Your PAN Card Is Inoperative

Here’s What Happens To Your Salary If Your PAN Card Is Inoperative
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New Delhi, Sep 06: The deadline to link PAN Card with Aadhaar Card was June 30, 2023, post which the financial document became inoperative for people who failed to link both the documents. This has led to a big amount of curiousity among people with inoperative PAN cards as to whether their salary will be credited if PAN and Aadhaar cards are not linked.

Several experts have opined that there could be a few issues if your PAN becomes “inoperative” because it was unable to integrate with Aadhaar, however, it won’t stop your salary from being credited to your bank account. An individual with a “inoperative” PAN will not be able to provide, divulge, or cite his PAN, but the salary will still be credited into his/her account because the employer is handling it and banks don’t impose any restrictions on such transfers.

Aadhaar and PAN could no longer be linked after the original deadline of March 31, 2022, without paying a fine of Rs 500 until June 30, 2022. This fine was later was raised to Rs 1,000 from effective from July 1, 2022. The penalty amount is still the same even though the PAN-Aadhaar connecting deadline was once again extended from March 31 to June 30, 2023.

Direct Link Of Income Tax Website To Link PAN with Aadhaar

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For linking PAN with Aadhaar, you can visit the income tax department’s official website https://www.incometax.gov.in/iec/foportal/. Thereupon you can go to the Dashboard and in Profile Section under the Link Aadhar to PAN option, click Link Aadhar.

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