After PAN, Bank a/cs, link your SIM with Aadhaar to avoid deactivation
PrintListen to this Article
According to a report in IANS, the government is planning to mandate the linking of Aadhaar with SIM cards. All phones, not linked with Aadhaar, will be deactivated after February 2018.
This is in line with Supreme Court’s order in February, 2017, in the Lokniti Foundation case, that all SIM cards have to be linked with Aadhaar within a year from the date of judgement. This was seen as a step towards spreading the net for terrorists, fraudsters, criminals who use multiple SIMs to get away with crime.
The Central government had then assured the apex court that a framework for identifying pre-paid mobile users will be introduced within a year.
Earlier this year, the government also mandated the linking of Aadhaar with PAN cards for filing of income tax returns. This was also done to curb tax evasion.
Informed sources told IANS that the Aadhaar biometrics cannot be stored by mobile operators and so they will not be able to access the consumer’s data.
The biometrics should be encrypted by the telecom operators and sent to UIDAI, the nodal agency handling Aadhaar. Storage of biometric by a service provider will be deemed as a punishable offence with up to three years of imprisonment under the Aadhaar Act 2016.
Meanwhile, bank accounts must be updated with Aadhaar details by December 31, following which accounts not linked to Aadhaar will be considered inoperable.
While the Supreme Court’s right to privacy judgement has shaken the foundation of the Aadhaar Act itself, all previous orders related to the 12-digit unique identity code and schemes related to it, will continue, till further judgement, said UIDAI.
Aadhaar has been used by the government for availing various social welfare schemes, as well as for curbing criminal activities like identity duplication, black money hoarding, tax evasion, terrorism, etc.#casansaar (Source - DeccanChronicle)
Category : Income Tax | Comments : 0 | Hits : 818
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax on time, or paying less than the required amount, may attract interest charges that continue to accumulate. As the Income Tax Act operates on a “pay as you earn” basis, being aware of advance tax provisions and the financial impact of delays can help you avoid unnecessary costs and last-...
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax on time, or paying less than the required amount, may attract interest charges that continue to accumulate. As the Income Tax Act operates on a “pay as you earn” basis, being aware of advance tax provisions and the financial impact of delays can help you avoid unnecessary costs and last-...
As many as 5,44,205 appeals were pending resolution with the Income Tax (IT) Department at commissioner (appeals) level as of January 31 this year, and 63,246 at various Income Tax Appellate Tribunals (ITATs), High Courts, and the Supreme Court, FE has learnt. To be precise, the cases pending in ITATs were 20,266 High Courts, 37,436; and Supreme Court 5,544. The large pendency is even as the Central Board of Direct Taxes (CBDT) has laid emphasis on disposing of income tax appeals in its 10...
The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from 1st April, 2024 onwards. The ITR functionalities i.e. ITR-1, ITR-2 and ITR-4, commonly used by taxpayers are available on the e-filing portal from 1st April, 2024 onwards for taxpayers to file their Returns. Companies will also be able to file their ITRs through ITR-6 from April 1 onwards. As ...
It has come to notice that misleading information related to new tax regime is being spread on some social media platforms. It is therefore clarified that the new regime under section 115BAC(1A) was introduced in the Finance Act 2023 which was as under as compared to the existing old regime (without exemptions): New Regime 115BAC (1A) introduced for FY 2023-24 Existing old Regime 0-3 lacs 0% 0-2.5 lacs 0% ...
Comments