The unique identification number Aadhaar may become the single identify card in future.
Aadhaar may become the only card needed to identify a person, replacing Voter ID and PAN, Finance Minister Arun Jaitley said in the Lok Sabha today.
Jaitley was replying to a debate on the Finance Bill and the accompanying 40 amendments to different laws including one making Aadhaar mandatory for the filing of income tax return from July as well as for applying for a permanent account number.
The unique identification number Aadhaar may become the single identify card in future, he said. Aadhaar Is Mandatory For EPF Pension Scheme Now
"A stage may come when unique identity card (aadhaar) may become the sole card. There are many countries where such a situation exists. There is a social security number in America, and in India, it (Aadhaar) could be the counterpart," he said.
Explaining the rationale behind making Aadhaar mandatory for filing income tax returns, Jaitley said the move is aimed at curbing tax evasion.
He said as many as 98 per cent of adults or 108 crore people have Aadhaar number. For filing I-T returns, they can either give the number or mention that they have applied for Aadhaar. Aadhaar Can Be Accepted As DOB Proof: Get Passport Easily
"...but the government won't allow them to evade tax," he said.
Jaitley said more people were required to be brought into the tax system and that is why the tax slab has been lowered this year.
As parties like BJD opposed the move to make Aadhaar mandatory for the filing of Income Tax returns and making PAN application, Jaitley said, "Aadhaar has biometric details, so its chances of misuse become minimal. When the country has so much technology, and when it is being put to use, then why create such a hue and cry about it? It is an anti-evasion measure which will benefit the country. So the government considers it right to implement it," he said.
Goodreturns.in
More From GoodReturns

Gold & Silver Rates Today Live: Precious Metals Extend Rally, MCX Gold Up 4%, Silver Near Rs 2.36 Lakh

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

Gold & Silver Rates Today Live: MCX Gold Ends Above Rs 1.40 Lakh, Silver Up 1%; 24K, 22K, 18K Gold On March 24

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Gold Rate Crashes Over Rs 1 Lakh in Single Day, Slips to Lowest Since January; Will Gold Price Today Decline?

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Lockdown In India 2026: Why Is 'India Lockdown Again' Trending After PM Modi's Latest Speech On West Asia War?

Gold Price In India Rally Post Rs 1.1 Lakh/100 Gm Crash In Week, Silver Stable; 24K, 22K, 18K Rate On March 26

Gas Cylinder Connection To Be Removed After 90-Days: Why LPG Users Should Choose PNG? Which Is Better?

Gold Price Crash May Fuel Jewellery Demand: Why Kalyan Jewellers Share Price Could Shine Despite 5% Dip

Bengaluru Power Cut Today & Tomorrow: BESCOM Carries Up To 9-Hours Power Outage; Affected Areas List



Click it and Unblock the Notifications