Friday, May 29, 2020

Now, get PAN allotment through your Aadhaar


Now, get PAN allotment through your Aadhaar

Facility promised in the 2020 Budget

29/05/2020, SPECIAL CORRESPONDENT,NEW DELHI

Instant PAN allotment is now available for anyone who has a valid Aadhaar number and a mobile number registered with that Aadhaar. The facility, promised in the 2020 Budget speech, was formally launched by Finance Minister Nirmala Sitharaman on Thursday.

The trial version of the facility has been available since February 2020, and almost 6.8 lakh instant PANs, with a turnaround time of about 10 minutes, have already been allotted, according to a Finance Ministry statement.

The process is paperless and an electronic or e-PAN is provided free of cost. Applicants are required to provide their Aadhaar number on the e-filing website of the Income Tax Department, and then submit the OTP received on the linked mobile number. A 15-digit acknowledgement number is generated and the e-PAN can be downloaded. All PANs are required to be linked to Aadhaar by June 30.

No comments:

Post a Comment

Daylight assault on doctor at government hospital leaves medical fraternity in shock

Daylight assault on doctor at government hospital leaves medical fraternity in shock Deputy Chief Minister Udhayanidhi Stalin and Health Min...