-The Telegraph New Delhi: The Centre on Tuesday told the Supreme Court that the mandatory linking of Aadhaar with bank accounts and PAN cards was intended to screen genuine tax payers from dishonest elements evading taxes. The government made the comments while trying to allay fears that people could be harassed for money-laundering offences. Appearing for the Centre and the Aadhaar-issuing Unique Identification Authority of India, additional solicitor-general Tushar Mehta told a five-judge...
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It was the suddenness of demonetisation that added immensely to its costs, and nothing to its benefits -Shankar Raghuraman
-The Times of India blog Whatever its critics may say, there is one unambiguous achievement of the demonetisation drive. The Reserve Bank of India can surely now claim its rightful place in the Guinness or Limca books for the world record in time spent on a single count of currency notes. But what about the other benefits that the finance ministry claimed after RBI announced the results of this mahayajna of...
More »Modi Government's 'Clarification' on Tax Data Further Muddies the Demonetisation Waters -James Wilson
-TheWire.in Instead of waiting for all the data to come in and making an apples-with-apples comparison, are different numbers being thrown at the public in order to make a political point about the ‘success’ of demonetisation? On August 18, the Ministry of Finance issued a clarification about the number of tax payers that had been added post-demonetisation, hoping to set at rest the confusion – and skepticism – that had resulted from...
More »Citizen complaints spur review of deadline to link Aadhaar, PAN -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The government is looking at the possibility of providing some relief to taxpayers who have been put in a difficult spot due to the mandatory linking of one's Aadhaar and Permanent Account Number (PAN). Sources in the government told TOI that the tax department had received several complaints and letters from taxpayers who have expressed their inability to link the two identification numbers, with many representations...
More »Aadhaar rebels find ways to avoid PAN linkage -Namita Devidayal & Lubna Kably
-The Times of India MUMBAI: In a quiet display of dissent, numerous taxpayers across the country have opted to file their tax returns manually, via snail-mail, rather than get an Aadhaar card. Many others filed their returns online early, prior to June 30, when the Aadhaar linkage was not mandatory. "Technically you should be able to file online even if you don't have an Aadhaar card, but the e-filing system does not...
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