alert! After December 31, your PAN card will become a ‘piece of plastic’! Withdrawal of money from bank will stop

There might be a lot of planning going on for New Year’s parties, but have you paid attention to that one important task that can ‘eclipse’ your New Year’s happiness? 31st December 2025 is just around the corner, and this is the last date to link your PAN card with Aadhaar. If you have taken it lightly till now, then you will have to be prepared for a big shock in the new year. Lakhs of people are going to be troubled because of this one mistake, but you still have a chance. Why is this linking so important? The government has made this rule so that tax evaders can be caught and the entire system is kept clean. If your PAN is not linked to Aadhaar, then after 31st December your PAN card will become ‘inactive’, that is, it will be of no use. What will happen if PAN is closed? (Complete list of dangers) Think, if your PAN card suddenly stops working, what all will get stuck in your life: ITR Refund will get stuck: If you have any tax refund coming, then forget it. TDS will be deducted double: Now TDS will be deducted double on your salary or payment received from anywhere, that is, less money will come in your pocket. Crisis on bank account: You will not be able to withdraw a large amount at one go. New Bank You will not be able to open an account. You will not be able to apply for a loan. All investments will stop: Neither will you be able to invest money in the stock market, nor will you be able to buy a new mutual fund or insurance policy. The biggest warning for those withdrawing money from the bank! If your PAN has become inactive, then you will have to pay heavy tax on withdrawing more than Rs 20 lakh in cash in a year. Therefore, if you are planning to make any big expenditure or withdraw money at the end of the year, then get this linking done immediately. How to link? (The easiest way in 2 minutes) This work is very easy and you can do it sitting at home: Go to the Income Tax website (incometax.gov.in). Click on the option ‘Link Aadhaar’. Enter your PAN number and Aadhaar number. Verify by entering the OTP received on your mobile. That’s it, your work is done! You can also check your status on this website whether your PAN is already linked or not. Don’t delay, do it today! After December 31, it will take several weeks to reactivate this locked PAN, and till then you will have to bear the entire financial loss. Right now I have to pay a fine of Rs 1000 to do this, it may increase later. Do this small task today itself and start the new year tension-free.

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