Skip to main content

SC reserves verdict on Aadhaar-PAN linkage


After strongly contested arguments amid a raging public debate, the Supreme Court on Thursday reserved its verdict on the constitutional validity of a law making it mandatory for citizens to link their Permanent Account Number with Aadhaar unique identity.A bench of Justices A K Sikri and Ashok Bhushan will decide on the validity of Section 139AA of the Income Tax Act which provides for compulsory quoting of Aadhaar for filing income tax returns and application for allotment of PAN from July 1.Though the court’s verdict will be confined to the validity of Section 139AA, the judgment will have wider implications as government authorities are expanding the ambit of Aadhaar by linking it to various other schemes.Justifying the law, the Centre termed Aadhaar an effective and fool proof tool to check tax evasion. However, civil society members challenged the provision and said it was a “draconian” law which will take away people’s right of privacy and allow the government to monitor their lives through digital surveillance. The government said Aadhaar was mandatory under the Aadhaar Act and there is nothing wrong in linking it with other schemes besides asserting that the law passed by Parliament could not be questioned by court. The Centre had earlier assured the SC that Aadhaar will not be made mandatory till its constitutional validity is decided by the court but Parliament went ahead and passed the law for compulsory linking with PAN.

The Times of India New Delhi, 05th May 2017

Comments

Popular posts from this blog

Budget: Startup sector gets new Fund of Funds, FM to allocate Rs 10K cr

  The Indian startup sector received a boost with Finance Minister Nirmala Sitharaman announcing the establishment of a new fund of funds (FoF) in the Budget 2025. The minister unveiled a fresh FoF with an expanded scope, allocating Rs 10,000 crore. The initial fund of funds announced by the government with an investment of Rs 10,000 crore successfully catalysed commitments worth Rs 91,000 crore, the minister said.   “The renewal of the Rs 10,000 crore commitment to the Fund of Funds for alternative investment funds (AIFs) is a significant step forward for the Indian startup and investment ecosystem. The initial Rs 10,000 crore commitment catalysed Rs 91,000 crore in investments, and I fully expect this fresh infusion to attract an additional Rs 1 lakh to Rs 1.5 lakh crore in capital,” said Anirudh Damani, managing partner, Artha Venture Funds.   Damani further added that this initiative will provide much-needed growth capital to early-stage startups, further strengthenin...

After RBI rate cut, check latest home loan interest rates of top banks for loans above Rs 75 lakh

  The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points from 6.50% to 6.25% in its monetary policy review as announced on February 7, 2025. After the RBI repo rate cut, banks such as SBI, Canara Bank, PNB, and Union Bank among others have cut their repo linked lending rates. Most other banks are also expected to cut their lending rates in line with the RBI rate cut. After banks cut their lending rates, their home loan borrowers will have to pay less interest. Normally, when a lender cuts the lending rate, borrowers get two options: Either to go for a reduction in EMIs or reduce the tenure of the loan. The second option will help the borrowers clear their home loan outstanding faster. In case, the borrower goes for reduction in EMI then the lower lending rate of the lender would mean lower Equated Monthly Installment (EMI) for borrowers.   EMI is the amount you will pay on a specific date each month till the loan is repaid in full.A repo rate-linked home ...

GST collections rise 9.9% to exceed Rs 1.96 trillion in March 2025

  Gross GST collection in March grew 9.9 per cent to over Rs 1.96 lakh crore, government data showed on Tuesday. GST revenue from domestic transactions rose 8.8 per cent to Rs 1.49 lakh crore, while revenue from imported goods was higher 13.56 per cent to Rs 46,919 crore. Total refunds during March rose 41 per cent to Rs 19,615 crore. After adjusting refunds, net GST revenue stood at over Rs 1.76 lakh crore in March 2025, a 7.3 per cent growth over the year-ago period.       - Business Standard 02 th March, 2025