Linking PAN-Aadhaar by December 31 mandatory for expats
Manglore Today News Network
New Delhi, Dec 28, 2019: Indian expats, take note. Your PAN card will be treated as inoperative if you do not link it with your Aadhaar card by the end of this year.
A public notice has been issued here asking for linking an Indian resident`s PAN with his/her Aadhaar card before December 31, Gulf News reported on Friday.
While a non-resident Indian (NRI) is not required to have an Aadhaar card or a PAN (Permanent Account Number), it is mandatory to link them by Dec 31 if one has them.
An NRI with financial dealings back home is advised to have both a PAN card and an Aadhaar.
The deadline for the linkage was extended till December 31 from an earlier deadline of September 30.
As per Indian government rules, a PAN card is mandatory for NRIs if they have a taxable income in India or want to make investments in the country.
Courtesy:Zee News
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