The Government has announced that effective 1 April 2022, all PAN cards that haven’t been linked with Aadhaar will be considered “inoperative”. PAN Card being an essential and mandatory documentation in opening and functioning of Mutual Funds, NPS, Trading in Stocks and any other investment products, we would like to reiterate the necessity of linking it with Aadhaar to avoid future inconveniences. The status of the investor PAN will become operative once the same is linked with Aadhaar.
Below are e-portal links to ‘link PAN and Aadhaar’ and ‘check the current status of the linking’. Please make sure that the required is done at the earliest possible.
Linking Aadhaar with PAN online
What are the consequences of not linking Aadhaar with PAN?
- Results in Higher tax deduction
- Restrictions on all transactions with respect to your investments (w.e.f. 1st of October 21)
- Trading rights will be affected adversely
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