PAN Card Mandatory: PAN Card (PAN) has become a very important document today. Its use is not limited only to tax related work. Today it is used in everything from banking to buying a car, property etc. If you do not have PAN card, you will not be able to do many important things.

The government has issued a list of many financial transactions where PAN will be mandatory. Let us know, for which works a PAN will be required?

List of works issued by the government

1. It is necessary to provide PAN card even in matters related to investment. If you invest more than Rs 50,000 in mutual funds, bonds, debentures or RBI bonds, then you are required to provide your PAN number during this process.

2. It is mandatory to provide PAN card even in purchase and sale related to property and shares. If you buy or sell property worth more than Rs 10 lakh or deal in unlisted shares worth more than Rs 1 lakh, then it is mandatory to provide PAN number.

3. PAN card also becomes necessary in banking related transactions. If you deposit more than Rs 50,000 in cash in a day or make a demand draft or pay order of the same amount, then you need to provide PAN number during this process.

4. Under the rules, PAN card is required while opening bank and demat accounts. PAN card will have to be provided while opening a new bank account (except basic account) or demat account.

5. Insurance and Wallet: If you have a life insurance premium of more than Rs 50,000 in a year or spend this much in digital wallet, it is mandatory to provide PAN card.

6. Vehicle purchase and sale: PAN card is required for purchase or sale of any motor vehicle except two-wheeler.

7. Luxury and travel expenses: PAN card is required for cash payments of more than Rs 50,000 in hotels/restaurants.

There has been a change in PAN card rules

Under the new rules of PAN card, making PAN card is no longer easy. Earlier, PAN card could be made very easily by just showing documents like Aadhar card.

According to the new rules, now to get a PAN card, documents like birth certificate, 10th mark sheet, passport or voter ID card will be required. The government has taken this decision to make the PAN card more secure.

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According to the rules of the Government of India and the Income Tax Department, in the year 2026, it will be difficult to use such PAN cards and services which are not linked to the Aadhaar card. That means it has become mandatory to link PAN card with Aadhar card. If your PAN card is not linked to Aadhar card, then you may have to face many problems. This means that you will face difficulty in opening a bank account, will not be able to transact much money and may also face difficulties in the process of filing Income Tax Return (ITR).

The last date or deadline set by the government for linking Aadhaar card and PAN card was 31 December 2025, which has now passed. No announcement has been made by the government or the Income Tax Department regarding extension of the deadline.

PAN card inoperative if not linked to Aadhaar

The last date for linking PAN card with Aadhar card was 31 December 2025, which has passed. If your Aadhar card and PAN card are not linked, you may face difficulty in opening a bank account and making money transactions. In such a situation, your PAN card would have become inoperative. This means that now you will not be able to open a bank account and will not be able to file any income tax return. The government’s objective of implementing these rules was to prevent tax evasion and crack down on fake PAN cards. If you have not linked your Aadhaar and PAN card, then your PAN card may also have stopped working.

How to check whether PAN card is active or not?

If you want to know whether your PAN card is working or active, then you can check it through the steps given below.

• To check PAN card, first of all you have to visit the official website of Income Tax Department, incometax.gov.in.
• After visiting the website, the option of Quick Link will appear on the screen, click on that option.
• After clicking on the Quick Link option, you will have to click on the option of Verify PAN Status.
• You will have to fill all the information asked by the website and click on the Continue option.
• After this, an OTP will be received on the mobile number linked to PAN card and Aadhar card.
• Enter OTP and click on Validate option.
• If your PAN card is not closed, this message will appear on the screen: Pan is Active and Details re as Per Pan

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