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Indian government collected over Rs 600 crore in penalties for delayed PAN-Aadhaar linking, with 11.48 crore PANs still unlinked.
As of January 29, 2024, the Indian government has collected over Rs 600 crore in penalties for delayed PAN-Aadhaar linking, with 11.48 crore PANs still not linked.
The last date for linking Aadhaar with PAN was June 30, 2023, after which those who failed to do so incurred a penalty of Rs 1,000.
Unlinked PANs became inoperative, resulting in no refunds and higher deduction and collection rates.
However, taxpayers can reactivate their PANs by paying the penalty fee.
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El gobierno indio recaudó más de 600 millones de rupias en multas por el retraso en la vinculación entre PAN y Aadhaar, y 11,48 millones de PAN aún no vinculados.