Deadline Dilemma

The

government has made it mandatory to link all your financial assets to Aadhaar, and the deadline for that is December 31, 2017. The government, however, has told the Supreme Court that it is willing to extend the deadline till March 31, 2018, for getting Aadhaar and seeding it to social security benefits. Your mobile number will have to be linked as well, but the deadline for the same is February 6, 2018. Here is what all must be linked with Aadhaar and the implication if you don’t do it. Your bank account will be blocked. Demat and mutual fund accounts will become non- operational. It will be diff icult to make insurance claims ( both life and nonlife). Post off ice schemes such as PPF, KVP, NSC accounts will be blocked. Finally, if your PAN is not linked with Aadhaar, tax returns will not be processed.