Bharat Express

PAN

On Monday, the Cabinet Committee on Economic Affairs (CCEA), chaired by PM Modi, approved the PAN 2.0 project of the Income Tax Department.

According to a circular from the IT department, all PAN holders must connect their PAN and Aadhaar by June 30, 2023, with the exception of those who are exempt.

The Income Tax department Saturday, on 24.12. 2022, issued an advisory that those permanent account numbers (PAN) which are not linked with Aadhaar by the end of March next year will be rendered inoperative. “What is mandatory, is necessary. Don’t delay, link it today!” the department said in a public advisory. “As per Income-tax Act, …