Home » News » India » Aadhaar May Soon be Made Mandatory For Filing IT Returns, PAN
1-MIN READ

Aadhaar May Soon be Made Mandatory For Filing IT Returns, PAN

File photo of Aadhaar cards. (Image for representation)

File photo of Aadhaar cards. (Image for representation)

Aadhaar card will also be made compulsory to apply for a PAN (permanent account number) card, the source said, adding plans to introduce a new income tax return form may also be on the cards.

New Delhi: The Centre plans to make having an Aadhaar card mandatory for filing income tax returns, a source familiar with the matter has told Moneycontrol.

Aadhaar card will also be made compulsory to apply for a PAN (permanent account number) card, the source said, adding plans to introduce a new income tax return form may also be on the cards.

While presenting the Budget, Finance Minister Arun Jaitley had said the government would take steps to simplify filing tax returns as part of efforts to widen the tax net. Currently, only a small number of Indians pay income tax. He had also spoken about introducing a single page form for those with income up to Rs 5 lakh.

Read Full Story

first published:March 22, 2017, 00:02 IST