July 23, 2025 08:53 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi embarks on visit to the UK and Maldives | 'Steeped in fanaticism and terrorism': India slams 'serial borrower' Pakistan at UN | 'We stopped India-Pakistan war': Donald Trump reiterates 'ceasefire' claim | Air India completes inspections of Fuel Control Switch on Boeing aircrafts after deadly Ahmedabad crash | Supreme Court refuses to stop QR code directive for eateries along Kanwar Yatra route | 'Can't allow Aadhaar, Voter ID, Ration cards as eligible documents for SIR': Election Commission to Supreme Court | 'Wish him good health': PM Modi on Jagdeep Dhankhar's shock resignation | 'There are far deeper reasons': Congress on Jagdeep Dhankhar's shock resignation as Veep | Donald Trump ended India-Pakistan war: White House repeats 'ceasefire' claim | Bangladesh: 27 people, including 25 students, die in jet crash
Photo: Pixabay

Govt makes Aadhaar verification mandatory for PAN card applications, extends income tax filing deadline

| @indiablooms | Jun 30, 2025, at 11:00 pm

The Central Board of Direct Taxes (CBDT) has made Aadhaar verification mandatory for PAN card applications, besides implementing several other financial changes starting Tuesday.

Existing PAN holders will have to link their Aadhaar numbers by December 31.

Non-compliance with this rule may lead to the deactivation of the existing PAN.

Aadhaar verification will also be mandatory for booking Tatkal tickets.

Starting July 15, two-factor authentication, which will include a one-time password that will be sent to the registered mobile phone, will be required for all ticketing, online or in-person.

The Indian Railways is also expected to implement a minor increase in ticket prices. This hike may range from 1 paisa per km for non-AC coaches to two paise for AC coaches.

Meanwhile, the CBDT has also extended the Income Tax Returns filing deadline from July 31 to September 15. This will provide salaried individuals with an additional 46 days to complete filings.

However, those with documentation ready can stick to the older schedule and, therefore, avoid possible website glitches and errors that usually crop up as the deadline nears and people rush to complete ITR filing.

Credit Card changes

The State Bank of India is discontinuing its air accident insurance offered when using select premium cards, such as SBI Elite, Miles Elite, and Miles Prime, to purchase air tickets. The public sector bank is also expected to introduce a new minimum amount due or MAD (for monthly bills) calculation.

HDFC and ICICI Bank, meanwhile, will also revise charges on select transactions.

For HDFC, a one per \cent transaction fee will be capped at Rs 4,999 per transaction, and will be applied if a card is used to pay rent or spend over Rs 10,000 on online skill-based games.

Utility payments for over Rs 50,000 monthly using an HDFC card will also levy the abovementioned fee. The exception in this case is for insurance transactions.

For ICICI Bank, the first five transactions at its ATMs will be free. After that, a charge of Rs. 23 will have to be paid per transaction to withdraw cash. Non-financial transactions will continue to be free.

If ICICI Bank customers use non-bank ATMs, the number of free transactions is limited to three for metro cities and five in smaller cities and towns. Beyond this, one will have to pay Rs 23. and Rs. 8.5 per transaction, respectively.

For transactions on international ATMs, the bank will charge Rs. 125 per cash withdrawal, Rs. 25 for non-financial transactions, and a 3.5 percent currency conversion fee.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu