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Your PAN Card could be invalid without Aadhar by December (Latest News)

As per the Indian Government’s recent decision, all PAN cards that are not linked to Aadhar card will become invalid after 31st December, 2017.

PAN Card, Aadhar card, Aadhaar card

Presently, the PAN card is required by taxpayers to file their income tax returns. Also, many citizens, such as students, use the PAN card as a document for identity proof. However, the Government has found there are many fraudulent and fake PAN cards. This error and the fraudulent use of multiple PAN cards under a single person’s name will be rectified by linking it to the Aadhar card, which has a unique 12 digit biometric identification number.

At present, approximately 98% of the population has their Aadhar card or has applied for it. Thus, the time frame till the end of the year for people to apply and get their card is adequate. The aim of introducing the Aadhar card and its unique identification number was to plug leaks in the distribution of the Government’s benefits as well as entitlements. With that objective in mind, the Government has linked many of its projects, schemes and subsidies with the Aadhar card. For instance, the Government’s midday meal scheme is linked to Aadhar card. Recently, the Government has also made submission of Aadhar card details mandatory for applying for a PAN card or for filing of income tax returns.

PAN cards are currently mandatory for travel or hotel bills made via cash transactions which exceed Rs 50,000 and also for purchasing jewellery worth more than Rs 2 lakhs irrespective of it being a cash or card transaction. Even, large cash deposits in banks can be made only by submitting PAN card number and details. However, the problem that has come to the Government’s notice is that there are many duplicate and fraudulent PAN cards that fraudsters are using. For instance, multiple fake PAN card numbers of the same individual are being used to file multiple tax returns.

The proposed introduction of unique and biometric Aadhar card for this purpose, such as tax returns filing and other official submissions, will eliminate duplicate PAN cards and fraudulent acts. In fact, Arun Jaitley, the finance minister, indicated at making the Aadhar card compulsory for all issues related to income tax.

By making Aadhar card mandatory, there will be a transparency in the income tax filing system, since Aadhar is a foolproof document of identification, thereby helping eliminate duplicates, and even helping trace those who launder money or evade tax.

The next agenda of the government is to decide a suitable time period within which citizens carry out the linking of their PAN card with Aadhar card, most likely being end of the year.

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Latest Aadhar Card News 30 Jan 2017- The Unique Identification Authority of India (UIDAI) caution about sharing personal information with unauthorised agencies for printing Aadhaar numbers on a plastic card

Latest Aadhar Card News

Nowadays lots of unauthorised agencies have mushroomed in India, who offer to print your Aadhar Card on plastic by charging you Rs 50 – Rs 100. In the Latest Aadhar Card News UIDAI has issued a warning around sharing your personal information with these unauthorised agencies.Dr Ajay Bhushan Pandey, CEO of UIDAI, said in a statement

 

“The Aadhar card or the downloaded Aadhar card printed on ordinary paper is perfectly valid for all uses. If a person has a paper Aadhar printout, there is absolutely no need to get his/her Aadhaar card laminated or obtain a plastic Aadhar card or so-called smart Aadhaar card by paying money. There is no concept such as smart or plastic Aadhar card,” .

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The UIDAI warned unauthorised agencies that

“collecting such information or unauthorised printing of Aadhaar card or aiding such persons in any manner amounts to a criminal offence punishable with imprisonment under the IPC and, also, Chapter VI of The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016.”

As you can see UIDAI has clearly declared that Aadhar card on paper is totally valid.

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