MillenniumPost
Big Story

Aadhaar may be the only I-card: FM

Aadhaar may become the only card required to identify a person, replacing Voter ID and PAN, Finance Minister Arun Jaitley said in the Lok Sabha on Wednesday. Jaitley was replying to a debate on the Finance Bill and the accompanying 40 amendments to different laws including one making Aadhaar mandatory for filing of income tax return from July as well as for applying for permanent account number.

The unique identification number Aadhaar may become the single identify card in future, he said. "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 of 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. "...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.
Next Story
Share it