The government has decided to issue biometric PAN cards to taxpayers across the country to weed out the problem of duplicate and fake ones.
The decision was taken recently by the finance ministry and it comes in the wake of a Comptroller and Auditor General (CAG) report that asked the income tax department to ensure that a single tax payer is not issued multiple cards.
http://timesofindia.indiatimes.com/business/india-business/Govt-to-issue-biometric-PAN-cards/articleshow/7945877.cms
6 Replies
Issue of biometric card will help solving issue of duplicate pancards. There is mention of pancards exceeding number of assesses. Presently, Pancard is required for many purposes and even non assessees are required a pancard. Income tax return need not be filed if income is below taxable limit irrespective of holding pancard or not. There will thus always be more pancards than assessees.
Topic Author
Topic Stats
Created
Monday, 11 April 2011 19:11
Last Updated
Tuesday, 30 November -0001 00:00
Replies
0
Views
526
Likes
0