scorecardresearch
Thursday, April 25, 2024
Support Our Journalism
HomeEconomyPAN & Aadhaar to be interchangeable to ease filing of taxes, proposes...

PAN & Aadhaar to be interchangeable to ease filing of taxes, proposes Modi govt in budget

The previous Modi govt's move to make Aadhaar mandatory for filing tax returns led to several legal issues.

Follow Us :
Text Size:

New Delhi: Finance Minister Nirmala Sitharaman Friday said PAN and Aadhaar have been made interchangeable, allowing those who do not have PAN to file income tax returns.

Presenting the first budget of the Modi government in its second term, Sitharaman said Aadhaar card for NRIs with Indian passports will be issued after their arrival in India, without waiting for the mandatory 180 days.

Sitharaman said with a view to incentivising investment in GIFT City, the government proposes several tax benefits.


Also read: Good news awaits income tax-payers — mediation now likely in case of dispute


 

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

SourcePTI

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular