The central government has extended the deadline for linking the Aadhaar number with the permanent account number (PAN) to June 30, 2021, in view of the difficulties arising out of the COVID-19 pandemic. The earlier deadline was March 31. The government had said those who miss the deadline will be liable to pay a penalty of up to Rs 1,000 and their PAN will become invalid.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The date for issue of notice under Section 148 of Income Tax Act,1961, the passing of consequential order for direction issued by the Dispute Resolution Panel (DRP) and processing of equalisation levy statements has also been extended to 30th April 2021. The government passed the Finance Bill 2021 in the Lok Sabha last week where it inserted a new section 234H under which a person shall be liable to pay a late fee of up to Rs 1,000 in case of non-linking of their PAN with Aadhaar.
Important takeaways for all competitive exams:
The central government set to strengthen the local self-government in Ladakh has received positive response…
As India's digital financial ecosystem continues to expand rapidly, cyber threats are becoming more sophisticated,…
As artificial intelligence (AI) is growing faster than before, but the ability to monitor and…
The procedure for the allocating of Tariff Rate Quota (TRQ) allocations has been formally announced…
For Gujarat agriculture sector, Geographical Indication (GI) tag awarded to Unjha cumin (Jeera) and Unjha…
The Government of India has renamed the Central Vista redevelopment area as the Kartavya Bhawan…