Linking Of PAN Card To Aadhar Card Crosses The 50 Lakh Mark | Aadhar Card | Latest News 2016 | How To Link Pan Card To Aadhar Card
Yet an additional landmark for UIDAI. Quickly after Aadhar Card Crossed One Billion Mark and that is, Linking Of PAN Card to Aadhar Card Crosses the 50 Lakh Mark. Below’s why it is important.First of all, let’s recognize why this is a substantial information and also just how will certainly this influence the common man, or will it influence in any case.
Linking Of Pan Card To Aadhar Card | News | Information | Documents Required
A PAN also referred to as the Permanent Account Number is a 10-digit alphanumeric number provided by the Income Tax Department in the form of a laminated card. The primary function of the PAN is that it enables the Income Tax Department to track all the purchases in between the person as well as the department like tax repayments, TDS/TCS credits, etc.An Aadhar Card is a Unique Identification Number released by the UIDAI or the Unique Identification Authority of India under the control of the Central Government. While the 12 digit number can be utilized as an identity and address proof all over in India, it does not prove citizenship.
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50-lakh mark has actually been crossed for the Aadhar Card PAN Linking. The beginning of this campaign can be traced back to late last year when the CBDT additionally understood the Central Board of Direct Taxes, the plan making body of the Income Tax Department made a decision to start this campaign of linking 2 of the largest data sources in the country, one being Aadhar Card Number and the various other one being PAN Card with an aim to make sure the taxpayers a safe and also less time-consuming regime when it comes to filing the tax returns as well as in addition to this, guaranteeing the taxpayers numerous other tax-related services and Details About Linking Of Pan Card To Aadhar Card .The division desires these numbers to grow to make sure that the full e-regime in the delivery of taxpayer companies can be ushered in as soon as possible.
The Senior official also mentioned the Income Tax return filing system which is based on the One Time Password, this new e-filing system permits the confirmation of an individual’s Income Tax Return online by just making use of either bank account or electronic banking or the Aadhar Card Number along with email id and also mobile number this method of declaring Income Tax returns online gets rid of the need of writing paper acknowledgment of the Centralized Processing Centre of the Income Tax Division in Bengaluru.Checklist The Aadhar Card Latest News 2016.The Senior Official notified yet an additional success by saying the single password-based ITR filing system for taxpayers has actually crossed over 80 lakh e-verification mark which is yet an additional huge accomplishment for Aadhar-PAN.