PAN card is a very important document used in India. Many work related to your income tax and banking stops without PAN card. To complete these tasks, it is very important to have a PAN card. Some rules have also been made by the Government of India regarding the PAN card. Which is necessary to follow. Otherwise it can be difficult. Let us tell you that now it has been made mandatory for all PAN card holders in India to link your PAN card with Aadhaar card. All those people whose PAN card is not linked to Aadhaar card. Those people may face trouble. Let us tell you what problems can be caused by not linking the PAN card to Aadhaar.
The Government of India has made PAN-Aadhaar linking mandatory. All those people who have not yet linked PAN to Aadhaar. There may be great difficulties for those people. If you have not linked your pan with Aadhaar. So your PAN card can be inactive. This means that you will not be able to use it in any work. And will not be able to do any kind of financial transactions. You may have to face this problem until you get your PAN card linked to the Aadhaar card.
PAN card is used for many purposes. And especially in banking and income tax related work, no work can be done without it. If your PAN card has become inactive. Then you will not be able to file income tax returns i.e. ITR. If you do not file ITR on time, then you may be fined and you may also face legal problems. If your pan is not linking to your Aadhaar. The rate of TDS can then increase by 20 percent. Due to which you may have to pay more tax. Therefore, to avoid all these problems, it is necessary that you get your PAN card link with Aadhaar card as soon as possible.