July 31, 2024

PAN unlinked with Aadhaar could get deactivated. This will result in higher taxation, penalties, and problems for the persons in financial transactions. The article presents advantages to the government and people through this linking exercise, sets out a step-by-step procedure for linking Aadhaar with PAN before the deadline of June 30, 2023, What is the Meaning of PAN Aadhaar Link? According to the mandate of the Indian government, every resident shall link Aadhaar with PAN, except NRIs, non-citizens, those above the age of 80 years, and residents of the exempted areas. This is basically a policy move aimed at helping avoid tax evasion by giving each taxpayer a unique identity. Non-linking of PAN and Aadhaar can impact financial transactions related to daily life and may impact access to governmental facilities. PAN is the unique tax identity number issued by the Income Tax Department to individual taxpayers and becomes necessary for filing income tax returns as well as a whole lot of other activities like opening bank accounts, making real estate investments, purchasing jewelry, applying for loans, or creating Demat accounts. The UIDAI brought forth the Aadhaar card that would give every Indian a unique identification number. It identifies persons through their biometric data and hence is more secure. Circular on PAN-Aadhaar Linking Section 139AA This section mandates that linking of PAN with Aadhar is mandatory for all taxpayers to provide the Aadhar card details when filing their income tax returns. The IT department issued a circular that it is mandatory for all PAN-holders (except those who fall under the exempt category) to link their PAN-Aadhaar within 30th June 2023. Initially, the IT department mandated to link PAN-Aadhaar by 31st March 2022 and then extended it to 30th June 2022. However, people who linked their PAN-Aadhaar between 1st July 2022 to 30th June 2022 had to pay a fine of Rs.500. Subsequently, the IT department extended the last date to link PAN-Aadhaar to 30th June 2023. PAN holders who link PAN-Aadhaar between 1st July 2022 to 30th June 2023 must pay a penalty of Rs.1,000. PAN card will become inoperative from 01st July 2023 if PAN holders do not link it with their Aadhaar card. The IT department has mandated linking PAN-Aadhaar to regulate and curb tax evasion. Importance of linking PAN with Aadhaar card The PAN card of a person will become inoperative when it is not linked to an Aadhaar card. PAN-Aadhaar linking is required when filing the Income Tax Return (ITR). The IT department may reject the ITR when PAN and Aadhaar are not linked. PAN and Aadhaar cards are required to be submitted to get government services, such as applying for a passport, obtaining subsidies and opening a bank account. Thus, it is difficult to access government services when PAN and Aadhaar cards are not linked. When the PAN-Aadhaar is not linked, getting a new PAN card may be difficult if the old one is damaged or lost since it is mandatory to mention the Aadhaar card number while applying for a new PAN card. Consequence of Not Linking PAN with Aadhaar PAN Card stops functioning A person’s PAN will stop working if they fail to connect it to Aadhaar by the deadline. It won’t be feasible to provide, disclose, or quote the PAN number anyplace once it stops working. This might also lead to: Applying a higher tax rate on income taxes Increased TDS gathering  Inability to complete income tax forms, which may result in additional interest charges, fines, and legal ramifications if information about earned income is withheld. Penalties for failing to quote PAN in certain banking transactions   Interchangeability of PAN and AADHAAR is prohibited   The Income-tax Act says that Aadhaar and PAN can be used instead of each other if they are linked. This means that you can use either PAN or Aadhaar, based on the situation. But these numbers can’t be used in place of each other if they’re not linked. Furthermore, no one would be able to cite Aadhaar instead of PAN or vice versa since PAN will become inoperative in the event of non-linking to Aadhaar. PAN Aadhaar Link: Section 234H Penalties   In the event that an individual doesn’t connect their PAN and Aadhaar by the deadline, they might be given a punishment of ₹1,000 for failing to connect their PAN and Aadhaar. Non-filing of pay returns would bring about a punishment of ₹ 10,000.   Formerly, there was a Rs. 500 fee to connect PAN to Aadhaar. As of right now, taxpayers must connect their PAN to Aadhaar by June 30, 2023, or face a ₹ 1,000 late fee. As a result, before registering for the PAN-Aadhaar link on the Income Tax website, they must pay the penalty. To pay the fine, they must, however, make sure they have a working PAN, Aadhaar, and cellphone number. How to activate inoperative PAN card and link with Aadhaar card? Step 1: Visit the Income Tax e-Filing Portal. Step 2: Click the ‘e-Pay Tax’ option under the ‘Quick Links’ heading. Step 3: Enter the ‘PAN’ number under ‘PAN/TAN’ and ‘Confirm PAN/TAN’ column, enter mobile number and click the ‘Continue’ button. Step 4: After OTP verification, it will be redirected to e-Pay Tax page. Click the ‘Continue’ button. Step 5:  Click the ‘Proceed’ button under the ‘Income Tax’ tab. Step 6: Select Assessment Year as ‘2024-25’ and ‘Type of Payment (Minor Head)’ as ‘Other Receipts (500)’ and select ‘Fee for delay in linking PAN with Aadhar’ and click the ‘Continue’ button. Step 7: The applicable amount will be pre-filled against ‘Others’ option. Click ‘Continue’ button and make the payment. FAQs If I miss the deadline, can I still connect my PAN to my Aadhaar? It is still possible to connect your PAN and Aadhaar even if the June 30, 2023 deadline passes. However, if you miss the deadline, your PAN card will stop working. It must be connected to the Aadhaar number before it can be turned on. If PAN-Aadhaar is linked after the deadline, there is a ₹1,000 fine. How long is the validity

eDistrict UP is an online portal established by the government of Uttar Pradesh to provide civic services to state residents. Available in both Hindi and English, residents can apply for certificates or services, download required documents and track their applications in a few clicks. Services offered by eDistrict UP Land records: Residents can access land records, such as Khatauni, Bhulekh UP and Khasra. Cases in revenue court: Users can check information about pending cases in the revenue court. Certificates: The portal allows applications for various certificates, including income, caste, birth, death, domicile and encumbrance certificates. New ration card: Residents can apply for a new ration card by submitting the required documents online. Details of district administration: The site provides information on the district administration, including contact details of different departments and officers. Grievance redressal: The platform enables residents to submit complaints and grievances about government services and track their status. Online payments: Users can make online payments for various services, such as land record fees or certification fees. Services in eSathi Portal Revenue Department- Under Revenue Department the online application has to be submitted through avail the list of certificates such as Income certificate, caste certificate, domicile certificate and apart from that following are the services like intimation copy, daily revenue dispute table, view court order for revenue dispute, revenue statement is also accessible. Urban Development Department/ Panchayat Raj Department- Under the department of urban development / Panchayat Raj, the citizens can request a birth certificate and death certificate by submitting an online application form for both. Panchayati Raj Department- This department allows the applicant to apply online for a copy of the family register. Home Department- This department allows making an online application for permission to use loudspeaker/public speaking system/sound expander device are submitted through this portal. Training and Employment Department- It provides the online facility for making application for employment registration and application for renewal of employment registration. Ration Card related services- It facilities the user with the online services such as an application for new ration card, application for ration card amendment, application for surrender of ration card. Social Welfare Department- The following services can be utilised under this department are listed out: Application for a pension for the unemployed female (widow) pensioner. Application for financial assistance for women under dowry scheme. Application for legal aid to women in dowry harassment. Application for grant scheme for the marriage of the widow of the destitute women daughter. Application for couple award for promotion of widow marriage. Application for widow pension. Department of Disabled Welfare- The disabled welfare department facilities the user with the following services is listed out. To apply for loan application by a disabled person. Application for marriage grant for the disabled person. Help and Equipment Application for the disabled person. Disabled Pension. Police Department- This department benefits the user with the list of services mentioned below. Complaint Registration Application for tenant verification Domestic servant requests for employee verification Employee Verification Request E-F.I.R Character certificate request Agriculture Department- The agricultural services can be availed by the people under this agriculture department. eSathi Portal Registration Provide Login Details Step 1: You need to provide login details for applying through any of the services. Existing User Registration Step 2: In case of an existing user, enter login id, password and captcha and then click on the “Submit” button. New User Registration Step 3: If you are not an existing user click on “New Registration” tab the current page will be redirected to the login application page where you have to fill the online application form for user registration. Complete the Details Step 4: Now, enter the details that are marked as compulsory and then click on the “Submit” button. Choose the Department Step 5: Select the department, and then you can start applying for the appropriate services. Application Form Step 6: Fill the application form with the relevant details and upload the required documents. Make Online Payment Step 7: After completing the application with the details, the appropriate fee for the services will have to be made through the payment link. Choose Payment Mode Step 8: Online payment can be made using either debit card, credit card and net banking. Successful Payment Step 9: After making successful payment an initial bank registration ID will be made available. Receive Acknowledgement Step 10: Then the applicant will receive an acknowledgement number as the confirmation of successful submission of application through SMS. Status of the Application Step 11: Then the assessing authority will verify the status of the application if approved the certificate information will be intimated to the applicant through SMS. FAQs What is the e-Sathi Portal? The e-Sathi Portal is an online platform launched by the Government of India to provide various government services and information to citizens in a digital format. What services can be accessed through the e-Sathi Portal? Applying for various certificates (e.g., caste, income, residence) Checking the status of applications Accessing government schemes and services Updating personal details and records

The Central Board of Direct Taxes (CBDT) has issued a new set of guidelines on 25 November 2021 with respect to the provisions relating to newly inserted Sections on Tax Deduction at Source (TDS) and Tax Collected at Source (TCS). It may be noted that Section 194-O which is effective from 1 October 2020 mandates the e-commerce operators to deduct specified amount of tax from the sums payable to e-commerce participant for sale of goods or provision of services facilitated through its digital or electronic platform. Similarly, ac per Section 206C(1H), seller is to collect specified amount of tax from the buyer of goods in relation to the consideration for sale of goods exceeding INR 50 lakh. Further, as per Section 194Q which is effective from 1 July 2021, buyer must deduct specified amount of tax from the consideration payable to the seller for purchase of goods exceeding INR 50 lakh. Synopsis of CBDT Circular CBDT released a detailed list of tax deducted at source (TDS)/ tax collected at source (TCS) provisions for various transactions to provide clarity to taxpayers on the following provision of Section 194O, section 194Q & Section 206C of the Income-tax Act. Applicability of TDS provisions under Section 194-O    E-auction services carried out through an electronic portal Applicability of TDS provisions under Section 194Q TDS on the component of indirect taxes other than GST TDS if the exemption is provided under section 206C(1A)  TDS in case of the department of Government other than PSU or Corporation Section 194-O (4) of the Income-tax Act Finance Act, 2020 has inserted a new section 194-O in the Income-tax Act 1961 which mandates that an e-commerce operator deduct income-tax at the rate of 1% of the gross amount of sale of goods or provision of service or both, facilitated through its digital or electronic facility or platform Exemption from tax deduction has been provided to certain individuals or Hindu undivided families fulfilling specified conditions. This deduction is required to be made at the time of credit of the amount of such sale or service to the account of an e-commerce participant or at the time of payment to such e-commerce participant, whichever is earlier Section 206C (1H) of the Income-tax Act Finance Act, 2020 also inserted sub-section (1 H) in section 206C of the Act which mandates that a seller receiving an amount as consideration for the sale of any goods of the value or aggregate of such value exceeding Rs.50 lakh rupees in any previous year to collect tax from the buyer. The sum is equal to 0.1 percent of the sale consideration exceeding 50 lakh rupees as income-tax. The collection is required to be made at the time of receipt of the amount of sales consideration Section 194Q of Income Tax Act Finance Act, 2021 inserted a new section 194Q to the Income Tax Act. It applies to any buyer who is responsible for paying any sum to any resident seller for the purchase of any goods of the value or aggregate of value exceeding Rs.50 lakh rupees in any previous year. The buyer, at the time of credit of such sum to the account of the seller or at the time of whichever is earlier, is required to deduct an amount equal to 0.1% of such sum exceeding fifty lakh rupees as income tax. Section 194-O will not apply to e-auction activities carried out by e-auctioneers Difficulties in applying TDS in case of e-auctions as the transaction of sale and purchase is carried on directly between buyers and sellers E-auctioneer responsible only for providing electronic portal for price discovery of transaction. Now clarified that section 194-O shall not be applicable to e-auction activities carried out by e-auctioneers if all the conditions mentioned here under are satisfied: E-auction services provided by the e-auctioneer through its electronic portal is only responsible for price discovery of the The price discovered through e-auction will be negotiable between the parties participating in it separately. The transaction of purchase/sale takes place between the parties outside the electronic portal of the e-auctioneer. Except for price discovery, the e-auctioneer will not be responsible for facilitating the sale of goods for which the e-auction was Payments for the transaction is carried out between the buyer and seller outside the electronic portal. The e-auctioneer does not have any information on the quantum and schedule of payment. The client will deduct TDS at applicable rates on the payment made to the e-auctioneer in lieu of receiving e-auction services. Since, TDS will not be required to be deducted under section 194-O, the buyer and seller may be required to deduct/collect TDS/TCS under section 194Q and section 206C(1H) of the IT Act, as the case may be. Adjustment of various State levies and taxes other than GST and purchase returns Clarification has now been provided on deduction of TDS on the VAT, Excise duty, sales tax component on purchase of goods which are exempt from Where the tax has to be deducted under section 194Q on the basis of credit to the books of account (based on invoice), tax can be deducted on value excluding VAT / Sales tax / Excise Duty / CST Where tax has to be deducted on payment basis (advance paid before credit in books based on invoice), tax to be deducted on the entire payment including VAT / Sales tax / Excise Duty / CST If the seller refunds the consideration on account of purchase return, the tax deducted and deposited by the buyer can be adjusted against subsequent purchase of goods. No adjustment required where goods are returned by the buyer and replaced by the seller. Section 194Q will be applicable on goods which are exempted under Section 206C(1A) Sub-section (1A) of section 206C of the IT Act exempts tax collection for certain goods such as scrap, coal, iron ore if buyer furnishes declaration that goods are to be utilized for manufacturing or production of articles or thing. Section 206C(1H) provides for collection of tax on sale of all goods other than those (like

The scheme aims to supplement the financial needs of all landholding farmers’ families by procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income as well as for domestic needs. Under the scheme an amount of ₹ 6000/- per year is released by the Central Government online directly into the bank accounts of the eligible farmers under Direct Benefit Transfer mode, subject to certain exclusions. Benefits Financial benefit of Rs. 6000 per annum per family payable in three equal installments of Rs 2000 each, every four months Eligibility All landholding farmers’ families, which have cultivable land holding in their names are eligible to get benefit under the scheme. Documents Required Aadhaar Card Landholding papers Savings Bank Account. Exclusions The following categories of beneficiaries of higher economic status shall not be eligible for benefit under the scheme: All Institutional Land holders. Farmer families in which one or more of its members belong to following categories Former and present holders of constitutional posts Former and present Ministers/ State Ministers and former/present Members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils,former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats. All serving or retired officers and employees of Central/ State Government Ministries /Offices/Departments and its field units Central or State PSEs and Attached offices /Autonomous Institutions under Government as well as regular employees of the Local Bodies (Excluding Multi Tasking Staff /Class IV/Group D employees) All superannuated/retired pensioners whose monthly pension is Rs.10,000/-or more (Excluding Multi Tasking Staff / Class IV/Group D employees) of above category All Persons who paid Income Tax in last assessment year Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices. Application Process Step 1: The following are the prerequisites for the enrollment process: Aadhaar Card Landholding paper Savings bank account Step 2: The VLE will fill in the complete details of farmer registration details like State, district, subdistrict block, and village, key in the Aadhaar number, Name of the beneficiary, category, Bank detail, Land Registration ID, and Date of birth as printed on Aadhaar card for authentication..Step 3: The VLE will fill in the Land details like Survey/ Kahta No., Khasra no., and area of land as mentioned in land holding papers. Step 4: Upload the supporting documents like Land, Aadhar, and Bank passbook.Step 5: Self-declaration accept and save the application form.Step 6: After saving the application form make payment through CSC ID.Step 7: Check the Beneficiary status through the Aadhaar number. FAQs Will any individual or farmer family owning more than 2 hectare of cultivable land get any benefit under the scheme? Yes. The ambit of the scheme has been extended to cover all farmer families, irrespective of the size of their land holdings. How the beneficiaries under the Scheme will be identified and shortlisted for payment of intended benefit? The responsibility of identifying the eligible farmers’ families for benefit under the scheme is entirely of the State/UT Governments

Employees Provident Fund is a retirement help plan for all salaried individuals. Employees Provident Fund Organization of India (EPFO) handles the fund, and every business with twenty or more employees must enrol with EPFO.  During the employment period, both the employee and the employer contribute 12 per cent of the basic salary of the employee to the EPF account. The employee’s complete 12 per cent goes into their EPF account, while the employer’s 3.67 per cent goes into the employee’s EPF account. The remaining 8.33 per cent is diverted to the Employees’ Pension Fund Scheme by the employer (EPF).  What is PF? A social security system known as Provident Fund was established in order to encourage employees to save and to benefit them in retirement. Each month, the employee and the employer contribute to the Provident Fund (PF). With a few notable exceptions, an employee’s contribution to the PF may only be withdrawn during the duration of their job. Employers registering with PF are required to submit their PF returns on a monthly basis. Each month’s 25th is the deadline for completing the PF return files. We shall go into great detail regarding the several forms that are used to file PF returns here. Employers can utilize the Unified site to conveniently file their PF returns. Who can apply for PF? All businesses that have registered for employee provident funds, or EPFs, are required to file an EPF return each month. Filing the EPF Returns is required if you have an EPF Registration. Employer and employee contributions to the Employee Provident Fund (EPF) total 12% of base pay over the course of employment. The employee’s EPF account receives a 3.67 percent transfer from the employer. The Employees Pension Fund (EPF) receives the remaining 8.33 percent from the employer. When the employee retires (on or after age 58), if they are jobless for two months, or if they pass away before reaching the designated retirement age, they may withdraw this sum. The Advantages of Filing a PF (Provident Fund) Return Employees’ well-being  Compliance with the Law  Any business that complies with the EPF’s standards will profit from the scheme. Aside from that, the company would be transparent throughout the whole provident fund enrollment process. More Social Security  In addition to maintaining a safe social security system, the Employee Provident Fund Organization oversees the entire PF process (EPFO). Such an organisation regulates the whole procedure of PF registration. As a result, adhering to such systems makes the whole process much more manageable.  Benefits of Insurance  The Employee Deposit Linked Insurance Scheme benefits any organisation with no insurance (EDLI). Employees can obtain insurance benefits from this programme. 5% of the monthly contribution should be paid as a premium for this insurance.  Medical Benefits  In an emergency, the employee can take a set salary from this contribution, equivalent to six times or the total amount, whichever is smaller.  Tax benefits  There are several types of tax incentives available under this system. The company and the employee both can benefit from such advantages.  What information does the employer need to provide? Name and address of the company and information about the headquarters and branches.  Company’s Incorporation Date  Employee information should be provided (name, date of joining, salary, etc.)  The company’s operations  Details about the director  PAN number  The company’s bank account  Forms to be familiar with for PF Return Form 2: Under the Employment Provident Fund and Employment Family Pension Scheme Flagship scheme, it is filed as a declaration and nomination. When an employee joins the company, they must file Form 2. This form must be turned in along with Form 5. Form 2 is separated into two sections, Part A and Part B. Nominating the beneficiaries of an account holder’s EPF balance in the case of their death is covered in Part A of Form 2. Furthermore, the nominee’s details from Part A should be provided in Part B as well.. Once more, this part needs to be properly signed, or a thumb impression needs to be produced at the conclusion. Form 5: The information on newly enlisted employees in the provident fund program is included in Form 5, a monthly report. Details like the name of the organization, its address, its code, the employee’s account number, their name, their middle name (husband or father), their date of birth, their joining date, and their work history must all be included in Form 5. Form 10: The information about the employees who have stopped participating in the program for that particular month is included in a monthly report. Details like the account number, the employee’s name, the name of the spouse or father, the date of service termination, and the reason for service termination are all included in Form 10. Form 12 A: The payment information that was contributed to each employee’s account for a specific month is listed in this Form 12 A report. Form 3A: The Employee Provident Fund and Employee Pension Fund contributions made by subscribers, members, and employers over the course of a year are shown on Form 3A, month by month. Every person involved in the scheme calculates the data. Form 6A: Another form for consolidated annual contribution statements that contains information about each establishment member’s yearly contribution is Form 6A. What is the PF Return Filing Process? The employer uses form 2-This form for a flagship scheme under the Employee Family Scheme that the employee participates in. Form 2 should be submitted with Form 5 to complete the above. According to the rules, parts A and B must be filed in this section.  Form 5 is a monthly report and compliance form that must be filed—any employee who has recently enlisted in the provident fund systems.  Form 10- This form is for any individual or employee who is not a member of the organisation.  Annual PF Filing- Annual PF returns must be filed by April 30th of each year, and this must be done by submitting Form 3A and Form 6A.  Annual Account Statement- The EPFO is also required to