Those Who Pay Tax Through Aadhaar Card Will Automatically Get A Fresh Pan Card

November 28, 2019 0 By JohnValbyNation

After the finance minister Nirmala Sitharaman proposed in the budget that only the biometric ID is enough to file income tax returns, the Central Board of Direct Taxes (CBDT) chief said the taxman will “suo motu” issue a fresh PAN to the person who files I-T returns with only Aadhaar.

It will be the part of a new arrangement in order to link the two databases.

AFP/Representational Image

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The PAN (permanent account number), however is still valid and the interchangeability announced in the recent budget is an “additional facility” to ensure linkage of the PAN and Aadhaar database which is now mandatory under the law, Pramod Chandra Mody said.