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Learn Financial Freedom Step by Step

Reasons of Linking Aadhaar card with pan card


Following are the main reasons

1. Govt. income tax department wants to catch new assessee who has pan card but do not file income tax and there are 10 times more pan card holder who does not pay income tax. 

2. With linking aadhaar card with pan card, govt. can verify the name and identity. Pan card may be more than one in the hand of person but aadhaar is one and linking will help to govt. find his all incomes which he invested through different pan card due to linking

3. Govt. got the new income through penalty on delay of linking adhaar with pan card. 

4. If you do no link pan card with aadhaar card, you have to pay the penalty of Rs. 500 for next 3 months and next time, we have pay Rs. 1000

4. One of main reason, when govt. analysis both data of pan card and adhaar card. All welfare scheme cheaters can find through this. For example. Mr. A is adhaar card and got the wheat at Rs. 2 kgs scheme but with pan, he got the property of Rs. 1 Crore. So, Govt. will cut his name from this welfare scheme and needy can be added in it. 

5. If you will link your pan with aadhaar card, your pan card may in active and you will unable to do any financial transaction and you may pay Rs. 10,000 for new PAN CARD with aadhaar link card. 

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Svtuition: Reasons of Linking Aadhaar card with pan card
Reasons of Linking Aadhaar card with pan card
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