image

Biometric PAN cards on the anvil

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 taxpayer is not issued multiple cards.

The proposed new biometric Permanent Account Number (PAN) cards would bear the I-T assessee’s fingerprints. There could be an option to existing PAN card holders to opt for the biometric cards, but it may not be mandatory, a senior official in the I-T department said.

The finance ministry and the I-T department had put on hold the biometric PAN card project last year to avoid duplication with the UID numbers to be issued by Nandan Nilekani’s Unique Identity Authority of India (UIDAI). “The bioemetric PAN card project is on again. The step will be very important when it comes to stopping the misuse of this vital identity document,” top sources in the finance ministry said.

The biometric PAN card was proposed by the then finance minister P Chidambaram in 2006 to counter the problem of duplicate PAN cards which were uncovered during I-T searches and raids by police and other enforcement agencies.

CLR View: Though Biometric cards have the potential to alleviate the identity issues and duplicacy; however, Biometric PAN or UID …isn’t it DUPLICACY OF EFFORTS…more coordination required between government departments

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates