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The Income Tax Department has issued a crucial reminder for all taxpayers: link your Permanent Account Number (PAN) with your Aadhaar Card before Friday, May 31. Failure to comply will result in higher tax deductions at source (TDS). This announcement was made via the social media platform X, emphasising the importance of this linkage to avoid financial penalties.
These changes might seem small, but they can have a big impact on your daily life. Let's take a closer look at these updates and how they will affect you from June 1 onwards.
The I-T department noted that if a taxpayer fails to link the PAN with Aadhaar Card then it will lead to tax deduction at a higher rate.
The Punjab & Haryana High Court has issued a slew of directions with respect to Aadhaar Authentication Services in all the court premises, observing that the practice of "professional sureties" is...
New Delhi/IBNS: Starting June 1, the Centre will be introducing a host of new rules pertaining to driving license, LPG cylinder usage, bank holidays and Aadhaar updates.