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Budget 2017: Aadhaar number to be a must for filing I-T returns

All bank accounts to be seeded with Aadhaar by Mar 31; Aadhaar to be made mandatory for PDS as well

Nitin Sethi Sai Manish & Sanjeeb Mukherjee  |  New Delhi 

The government is planning to make Aadhaar number mandatory for filing of income tax (I-T) returns from the next financial year and link all bank accounts to the unique identity number by the end of this financial year.

Sources in the government said the work on both fronts was moving steadily and relevant amendments to the Income Tax Act, 1961, in this Budget are under ‘active discussion’ to ensure mandatory linkage of tax returns to Aadhaar numbers. At the same time, the Aadhaar-based authentication of beneficiaries is to be made mandatory for delivery of subsidised ...

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First Published: Fri, January 20 2017. 08:41 IST
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