IT News
Mumbai, Dec. 31
The deadline for linking the Permanent Account Number (PAN) with Aadhaar has been extended till March 2020, by the Central Board of Direct Taxes (CBDT). Earlier deadline of l 30 September 2019 was extended till 31 December 2019 and now it has been extended till March next year, as specified under sub-section 2 of section 139AA of the Income-tax Act, 1961.
Since the deadline given by the CBDT to link PAN Card with Aadhar has now been extended those who have not linked their cards are required to do it by 31 March 2020.
The linking can be done through the Income Tax e-filing website or by sending an SMS to 567678 or 56161. It can also be done by visiting income tax indiaefiling.gov.in After providing the PAN, Aadhaar number, and name as mentioned in the Aadhaar card, a square will have to be ticked if only the birth year is mentioned in the Aadhaar card. After entering the Captcha code. (Visually challenged users can request for an OTP instead of the captcha code. The OTP will be sent on the registered mobile number), the ‘Link Aadhaar’ button, has to be clicked.
In the meanwhile the State Bank of India (SBI) has asked its customers to upgrade their old cards to the more secure EMV chip and PIN-based debit cards. SBI customers can either visit their home branch or apply online through internet banking to get EMV chip-based cards
The SBI has announced that the Magnetic Stripe debit cards will be deactivated by Tuesday, 31 December. The customers can get their magnetic stripe debit cards upgraded with EMV chip and PIN-based SBI debit cards. With effect from 1 January 2020, SBI customers will not be able to use their old magnetic stripe debit cards even if the validity of the card has not expired.
SBI has also clarified that if those holding SBI cards are already in possession of cards with the chip implanted in them, they need not worry. Those will be still valid beyond January 1 as well. One has just need to check the date of the card’s expiry, the moth and year printed on the card itself.