🚀 Big Update: Instant PAN-Bank Account Verification is Now LIVE on the Income Tax Portal!

The Income Tax Department has taken another leap forward in simplifying tax compliance and enhancing the refund process. As of 17th June 2025, real-time PAN and Bank Account verification has been enabled directly on the Income Tax Portal.

This major digital upgrade ensures faster, error-free, and secure processing of ITR refunds – all with the power of instant validation!

🔍 What’s New?

The latest update introduces instant PAN-bank account validation through a real-time interface powered by NPCI (National Payments Corporation of India) and the Core Banking System (CBS) of all participating banks.

Here’s what it means:

✅ Immediate verification of your PAN and linked bank account
✅ No more delays due to mismatch or pending validation
✅ Direct linkage with bank’s live data systems
✅ Fraud prevention with stronger KYC compliance
✅ Faster ITR refunds credited directly to your verified bank account
✅ Mandatory compliance for all banks — ensuring universal rollout

🔎 Why This Matters for You

Every year, many taxpayers face refund delays due to bank account validation errors, inactive accounts, or incorrect PAN details.

With this real-time verification:

  • You can ensure your account is valid before filing

  • Refunds will not be held up by manual mismatches

  • You’ll enjoy a smoother, faster post-ITR filing experience

📝 What You Need To Do

To benefit from this update, make sure you validate your bank account immediately on the portal.

Here’s how:

  1. 🔗 Log in to your account on the Income Tax Portal

  2. 🏦 Go to “My Profile” → “Bank Account”

  3. ✅ Select your preferred account and click “Validate”

  4. ⚙️ The system will instantly verify with your bank via CBS and NPCI

  5. 💸 Once verified, this account will be eligible for refunds

⚠️ Pro Tip: Do This Before Filing Your ITR

Don’t wait until after filing. Validating your bank account before filing your return ensures that the refund processing starts without delay.

💼 Need Help with ITR Filing?

TAXLA SERVICES is here to help you file your return correctly and ensure your refund reaches you without any hiccups.

Whether you're:

  • A salaried employee,

  • A freelancer,

  • A small business owner, or

  • An NRI taxpayer,

We provide end-to-end assistance with ITR filing, PAN validation, bank account updates, and more.

📞 Contact TAXLA SERVICES Today

📱 Phone: +91 9600076134 / +91 7200509886
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com
📍 Address: 19, SBI COLONY 3rd Street, Saligramam, Chennai – 600093

📢 Final Thoughts

The new PAN-bank verification update is a game-changer for taxpayers seeking faster, safer, and more transparent refunds. Don’t miss out – validate your bank account now and file your ITR with confidence.

Let TAXLA SERVICES be your trusted compliance partner this tax season.

#PANBankVerification #ITRRefund #IncomeTaxUpdate #TaxCompliance #TAXLAServices #ChennaiAuditor #FileITRRight #BestAuditorInTamilnadu #TaxSeason2025 #NPCI #InstantRefunds



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