Have you linked Aadhaar with PAN, Mobile

and bank account? Know the deadlines

© Provided by India Today Have you linked Aadhaar with PAN,

Mobile and bank account? Know the deadlines

While customers of telecom operators like Airtel, Idea and Vodafone have been receiving messages for linking their phone SIM card with Aadhaar
following directive by government, the 12-digit Aadhaar is also being aggressively pushed by government for availing a host of financial services like
bank account and mutual funds. Aadhaar declaration is also necessary to avail numerous social security schemes like pension, scholarship and LPG
connection. Driving license is another document on the radar of the government's ambitious push to link Aadhaar with essential services in order to
plug leakages and gaps that exist within the system.
 
But what if you have not linked your Aadhaar with these documents? Take heart. There is still time. But you must know deadlines to avoid facing
consequences.
 
PAN
Deadline: Dec 31, 2017 
Linking Aadhaar-PAN is mandatory for processing of income tax returns (ITRs) for assessment year 2017-18. While earlier the deadline was August 31,
the Central Board of Direct Taxes (CBDT) extended the last date to December 31, 2017 for easy compliance by taxpayers. 
 
Mobile SIM
Deadline: February 2018
If you have obtained your phone SIM card a year or a two back, it is unlikely to have been Aadhaar-verified. You can link your Aadhaar with your SIM
card by walking into the retail outlet of your telecom operator along with Aadhaar document and link the two by February next year. Failure to do so
may see your SIM card getting deactivated by the operator.
 
Bank account/Mutual Funds
Deadline: Dec 31, 2017
After Dec 31, 2017, your bank account will cease to be operational if it's not linked with Aadhaar. Also the government won't open any account which
doesn't fulfill  Aadhaar-based Know Your Customer(KYC) process. The same is needed for investing in a mutual fund. With an Aadhaar-based KYC, you
don't need to provide your Id , Address proof and relieves you of in-person verification too. This too needs to be linked till the end of this year.
 
Social security Schemes
Deadline: Dec 31, 2017 
In order to correctly identify various beneficiaries of its social security schemes, government moved ahead with making Aadhaar declaration mandatory
for welfare schemes like pension, scholarships etc. Lately, the government extended the September 30 deadline by three months.