The deadline for linking Aadhaar and PAN is around the corner. Failure to link the two documents ahead of the due date (March 31, 2022) will lead to your PAN becoming inoperative, disrupting most financial transactions including mutual fund investments.
While an easy online process has ensured linking of the cards by most investors, there are many who are struggling to do so due to different details in both the cards. Change in name due to marriage is one of the most common reasons behind the mismatch in the names mentioned in both the cards.
If any of your client is also facing the same problem, here's how you can help them link the documents and ensure continuity in their mutual funds and other financial transactions.
How to update PAN
Investors with updated Aadhaar can visit the NSDL website to update the name on PAN with the help of Aadhaar. Here's a step by step guide to do so:
Step 1: Visit the NSDL page:
https://www.onlineservices.nsdl.com/paam/endUserRegisterContact.html
Step 2: In application type, select 'change or correction in existing PAN'
Step 3: Fill the rest of the information in the form including name, date of birth, email ID, mobile number and existing PAN number
Step 4: Once you submit, you will be directed to another page where you will have to put additional information like address, parent's name, Aadhaar card details among others
Step 5: Next, make the payment using any of the options provided on the website
Step 6: The last step is authentication, where you will have to e-sign the document through Aadhaar
Once the authentication is over, you will receive a PDF file with all the changes. The new PAN card will get delivered to you soon
Updating name on Aadhaar
The UIDAI allows Aadhaar card holders to change their details online. All you need to do is visit https://tathya.uidai.gov.in/login and login using your Aadhaar number and OTP.
Here's a guide to help you with the process:
Step 1: Select the detail you want to update (in case of name change, click only on the name tab and then on the 'Proceed to update Aadhaar'.
Step 2: Enter the changed name and other details
Step 3: Upload scanned copies of supporting documents. In the case of name change due to marriage, investors can submit marriage certificate or gazette notification for name change. Your Aadhaar card will get updated
Once the two documents have the same name, investors can proceed to link the two by logging on to the income tax e-filing portal.