PAN Card Holders Alert: If you have a PAN card, then this news is very important for you. The government has issued an alert to PAN card holders that if your PAN card is not active, that is, not working, then you can also be fined heavily. Yes, the Income Tax Department has clearly said that any PAN card which remains unactivated can be fined up to Rs 10,000. So then in such a situation, you should quickly check whether your PAN card is active or not, so that there is no problem.
When will the fine be imposed?
PAN card is not only necessary for filing income tax returns, but it is used in all kinds of financial work from banking to investment, buying property or taking a loan. Meaning PAN card is an important document related to all your economic activities. If your PAN card has become inactive, that is, closed and you have not activated it on time, then this mistake of yours can cost you heavily. The government is imposing fines in such cases so that everyone uses their PAN card properly and keeps it updated.
How to check your PAN card is active or not from home?
In today’s era, every work is done online, and you can do this easily from home. For this, you have to go to the e-Filing website of the Income Tax Department. There you will get an option of ‘Verify Your PAN’. By clicking on this, you have to enter your PAN number, full name, date of birth and the mobile number which is linked to your Aadhaar card or PAN. After this, you will get an OTP, by entering which you will be able to know immediately whether your PAN card is active or not. This method is very easy and you will get your information immediately.
What to do if PAN card is deactivated?
If you checked and found that your PAN card has been deactivated, then there is no need to panic. There is also an easy way to activate it again. First of all you have to link your PAN card to Aadhaar. If it is already linked, then check once again whether the link is still valid or not. Sometimes the card can also be deactivated if the link is broken. Apart from this, if you have two or duplicate PAN cards, then you will have to surrender one card. By doing this also your PAN will be activated properly.
For this work, you can also take the help of NDL or UTIITSL website, where you can update or activate your PAN card by giving an online request. These websites are also very reliable and easy.
Do not delay to save penalty
It is important to keep the PAN card active so that you do not face any problem later, especially when you do things like banking or tax return filing. That is why if you have not checked the status of your PAN card yet, then do it today and if any problem is seen, then correct it immediately. Being fined Rs 10,000 can be a big setback for you, so do not take this matter lightly.
By understanding this entire process and taking the necessary steps in time, you can move forward with your financial work without any hindrance. So what are you waiting for? Check your PAN card quickly and avoid fines.