Keep your PAN card updated with these 5 simple steps
What's the story
The Permanent Account Number (PAN) card is an important document for financial transactions in India. It acts as a unique identifier for individuals/entities, and hence, it is important to keep the information updated. Be it a change in address or name, keeping your PAN card details updated can save you from hassles with tax filings and other financial matters. Here are five simple updates every Indian should know about their PAN card.
Address update
Updating address on your PAN card
If you've moved, it's important to update your address on the PAN card. You can do it online through the official NSDL or UTIITSL websites by submitting proof of your new address- like an Aadhaar card/utility bill. Keeping your address updated ensures that any correspondence related to taxation reaches you without delay.
Name correction
Correcting name spelling errors
Errors in spelling your name on the PAN card can create discrepancies in financial records. To correct this, you need to fill out a correction form online and submit supporting documents (like a passport, voter ID) with the correct name spelling. Getting the name details right helps keep things consistent across all official documents.
Aadhaar linkage
Linking Aadhaar with your PAN card
Linking your Aadhaar number with PAN card has become mandatory for filing income tax returns in India. The linkage can be done easily through Income Tax Department's e-filing portal by providing both numbers and verifying them via OTP sent to your registered mobile number. This step helps streamline tax processes and cuts down fraudulent activities.
Contact update
Updating contact information
Keeping your contact information up-to-date on your PAN card is essential for receiving timely notifications from the tax authorities. You can update phone numbers and email addresses online by logging into the NSDL or UTIITSL portals with your existing credentials. Accurate contact details ensure that you don't miss important updates pertaining to taxation matters.
DOB correction
Changing date of birth details
If there is an error in the date of birth mentioned on your PAN card, it needs immediate correction to avoid legal complications during identity verification processes. To rectify this, submit valid proof like a birth certificate along with a duly filled correction form via authorized channels either offline or online through designated portals provided by NSDL/UTIITSL services.