Daily Current Affairs 2021 Govt launches Instant ePan card | Daily Current Affairs 2021

Govt launches Instant ePan card

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The new PAN will have the same name, date of birth, gender, mobile number and address as in the Aadhaar.
According to an advisory, ‘The e-PAN facility is only for resident individuals and not for Hindu Undivided Family, firms, trusts and companies’.
Once the PAN is allotted to an applicant through his electronic Aadhaar-based verification system in a few seconds, the applicant will be sent the PAN card by post, the official said. The process can be done at the official portal of the department: https://www.incometaxindiaefiling.gov.in. The Central Board of Direct Taxes (CBDT), which makes policies for the Income Tax Department, on Saturday extended the deadline for the PAN-Aadhaar linking to March 31 next. This is the fifth time it has extended the deadline.
According to Section 139 AA (2) of the Income Tax Act, every person having PAN as on July 1, 2017, and eligible to obtain Aadhaar, must intimate tax officials of his Aadhaar number. While Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to an Indian resident, PAN is a 10-digit alphanumeric number allotted by the Income Tax Department to a person, firm or entity.

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