Privacy cannot be excuse for evading tax obligations: Jaitley

Image
IANS New Delhi
Last Updated : Jul 24 2017 | 9:08 PM IST

In the backdrop of the debate generated by the appeals on Aadhaar being currently heard by the Supreme Court on whether privacy is a fundamental right, Finance Minister Arun Jaitley on Monday said privacy cannot be touted as an excuse not to comply with one's legal obligation on tax matters.

"Taxes are the backbone of any economy. In India, the mindset of the people on taxes is gradually changing and they want that no one should be exempt from tax," Jaitley told Income Tax (I-T) Department employees at an event here to mark Income Tax Day 2017.

"Privacy cannot be made an excuse for non-compliance," he said, exhorting the Department officials to expand the tax base in a non-intrusive manner.

The I-T Department has made quoting the Aadhar Unique ID number mandatory in filing income tax return from July 1.

The Supreme Court is considering whether privacy is a fundamental right of every citizen in a case that could have implications for the country's biometric identity programme. Activists, lawyers and politicians have challenged the government over the legal basis of the Aadhaar priogramme, while the apex court will decide if the system should be thrown out or modified.

The Aadhaar unique ID authority has collected fingerprints, iris and facial scans, as well as addresses, phone numbers and personal details of more than 1.1 billion citizens. The data of each person is linked to a unique 12-digit identification number.

On the sidelines of the event here on Monday, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra told reporters that Non-Resident Indians (NRIs) will not have to give details of their bank accounts held outside the country while filing their income tax returns, provided they are not seeking refunds.

"It (providing details of foreign bank accounts) is not mandatory. It is optional. It is for cases where refund is sought," Chandra said.

That column in the income tax returns (ITRs), he said, is to be filed in "only one condition, that is, if they (NRIs) are seeking a refund."

--IANS

bc/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 24 2017 | 9:02 PM IST

Next Story