The central board of direct tax has extended the time for linking the Aadhar to 31st March 2019.
Tag: PAN cards
Link car, 2-wheeler sale to income to harness vehicular population and increase tax revenue
Growing traffic congestion resulting in pollution mainly due to an increasing number of cars and two-wheelers all over India is a serious concern for the government. In metropolitan cities like Delhi, Mumbai, Bengaluru the problem of congestion is at an intolerable stage and therefore the effective solution is highly required.[Read More…]
Aadhaar-PAN linkage made mandatory now
On Wednesday, the government made it mandatory for taxpayers to link the existing Aadhaar numbers with PAN cards with effect from July 1, despite the Supreme Court’s order. The government has made quoting of the 12-digit biometric Aadhaar or the enrolment ID a must at the time of application of[Read More…]
People using multiple pan cards to evade tax: Jaitley defends Aadhaar decision
Defending the amendment in the Finance Bill, Finance Minister Arun Jaitley on Wednesday said that biometric security of Aadhaar would prevent individuals from holding multiple PAN cards and evading tax. “In a situation where it has come to light that one citizen has up to five PAN cards, to avoid[Read More…]