Corporate Law : Linking your PAN card with Aadhaar is crucial for compliance, simplified tax filing, avoiding penalties, preventing tax evasion, a...
Income Tax : Learn how to easily link your Aadhaar and PAN on the Income Tax website. Follow our step-by-step guide for a hassle-free process....
Corporate Law : Grievance Redressal Mechanism Q.1 What are the grievance redressal channels in UIDAI? Ans. UIDAI has setup a multi-channel griev...
Goods and Services Tax : Learn how existing GST taxpayers can authenticate their Aadhaar using two simple options. Get all the details in this informative ...
Corporate Law : Q.1 How would I know that DBT funds have come to my account? Ans. If you have availed SMS alerts facility from the concerned bank ...
Corporate Law : Learn about Indian government's e-KYC authentication services, authorized entities, private firms, security audits, and data safet...
Corporate Law : UIDAI makes online document update in Aadhaar free of cost; to benefit millions of residents The Unique Identification Authority o...
Corporate Law : Obtain residents’ informed consent before conducting Aadhaar authentication: UIDAI to Requesting Entities Entities are required ...
Corporate Law : The HoF based online address update in Aadhaar will be of great help to the relative(s) of a resident–like children, spouse, par...
Corporate Law : Before accepting an Aadhaar either in physical or electronic form for establishing identity of an individual, entities should veri...
Corporate Law : It is brought to the notice of this Court that Aadhar Cards are not being issued to sex workers as they were unable to produce pro...
Corporate Law : The petitioner is deprived from getting foodgrains from the public distribution system simply because Aadhar card is not linked wi...
Company Law : High Court had refused to quash a FIR registered against a 47 years old entrepreneur, allegedly involved in illegally selling aadh...
Corporate Law : The issue under consideration is that the petitioner has two aadhaar card with two different date of birth. Because of which her s...
Corporate Law : Justice K.S. Puttaswamy (Retd.) & Another Vs. Union Of India & Others (Supreme Court) (1) Whether the Aadhaar Project crea...
Corporate Law : 15 securities firms authorized to perform Aadhaar authentication under the Prevention of Money-laundering Act after meeting privac...
SEBI : Discover the list of entities permitted to utilize Aadhaar e-KYC authentication services in the securities market as sub-KUA, as p...
Corporate Law : Discover how Ministry of External Affairs leverages Aadhaar for e-auction portal authentication, enhancing transparency & governan...
SEBI : SEBI Circular announces addition of 4 entities for e-KYC Aadhaar Authentication in securities market. Learn about the implications...
Corporate Law : Notification permits reporting entities to perform Aadhaar authentication under Money-laundering Act. Learn about the entities lis...
The linking of the bank accounts with Aadhaar for receiving subsidy/direct benefit transfers from the Government, including the State Governments is done as per the extant provisions of the Aadhaar (Targeted Delivery of Financial and Other subsidies, Benefits and Services) Act, 2016 (18 of 2016).
Consequence of not linking PAN with Aadhaar The existing proviso to the sub-section (2) of section 139AA, provides that the PAN allotted to a person shall be deemed to be invalid, in case the person fails to intimate the Aadhaar number, on or before the notified date. In order to protect validity of transactions previously […]
Inter-changeability of PAN & Aadhaar and mandatory quoting in prescribed transactions Existing sub-section (1) of section 139A of the Act, inter alia, provides that every person specified therein, who has not been allotted a PAN, shall apply to the Assessing Officer for allotment of PAN. It has been observed that in many cases persons entering […]
Government to consider issuing Aadhaar Card for NRIs with Indian Passports Government to open four new Embassies in 2019-20 17 iconic Tourism Sites being developed into world class tourist destinations Indian Development Assistance Scheme (IDEAS) to be revamped The Union Finance Minister proposed to consider issuing Aadhaar Card for Non-Resident Indians with Indian Passports. She […]
Lower rate of 25 % Corporate Tax extended to companies with Annual Turnover up to Rs. 400 crore from earlier cap of upto Rs 250 crore Interchangeability of PAN and Aadhaar to file tax return proposed 2 % TDS on cash withdrawal exceeding Rs. 1 crore in a year from a bank account to encourage […]
The Lok Sabha on 4th July 2019 passed the Aadhaar (Amendment) Bill 2019, which seeks to replace Ordinance brought by the Centre last March. With over 122 crore Aadhaar numbers having been issued and with the widespread use of Aadhaar as a proof of identity for various purposes by the Government of India, State Governments […]
Making Aadhaar people friendly No individual to be compelled to provide proof of Aadhaar number unless provided by law Aadhaar number on voluntary basis to be accepted as KYC document Cabinet approves The Aadhaar and Other Laws (Amendment) Bill, 2019 In a major move aimed at making Aadhaar making people friendly, the Union Cabinet, chaired […]
Members would henceforth be required to declare their PAN (mandatory) and Aadhaar / UID Number (optional) at the time of making online payment of annual membership fees and while applying for Fellow membership of the Institute in Form-B.
Learn about the mandatory linkage of PAN with Aadhaar from A.Y. 2019-20. Find out why quoting Aadhaar in your Income Tax Return is now mandatory.
It has been reported in some sections of the media that those PANs which are not linked with Aadhaar number by 31.03.2019 may be invalidated. The matter has been considered by the Central Government and now the cut-off date for intimating the Aadhaar number and linking PAN with Aadhaar is 30.09.2019, unless specifically exempted.
