Union Budget 2019: Union Finance Minister Nirmala Sitharaman in her Budget speech last Friday had announced that taxpayers who don't own a PAN card (Permanent Account Number) can now file Income Tax returns with their Aadhaar Card also. The FM allowed the interchangeability of PAN and Aadhaar card for filing tax returns.
"More than 120 crore Indians now have Aadhaar card, therefore for ease of taxpayers I propose to make PAN and Aadhar interchangeable and allow those who don't have PAN to file returns by simply quoting Aadhaar number and use it wherever they require to use PAN," the Finance Minister had said in her Union Budget 2019 speech.
Here's all you need to know about new Aadhaar, PAN rules:-
(With inputs from PTI)