Tag: Aadhaar

  • CBDT Eases TDS Rule In Cases Of Death Of Deductees Before Linkage Of Pan-Aadhaar | Personal Finance News

    New Delhi: The Central Board of Direct Taxes (CBDT) has relaxed the provisions of TDS/TCS in the event of the death of deductee/collectee, before the linkage of PAN and Aadhaar, according to an official statement issued on Wednesday.

    “To redress the grievances of the taxpayers wherein instances have been cited, of demise of the deductee/collectee on or before 31.05.2024 and before the option to link PAN and Aadhaar could have been exercised, the Circular provides that there shall be no liability on the deductor/collector to deduct/collect the tax under section 206AA/206CC of the Act, as the case may be pertaining to the transactions entered into up to March 31, 2024,” an official statement read.

    In view of the genuine difficulties being faced by the taxpayers, the CBDT issued the Circular dated 05.08.2024, and vide the same, the government has relaxed the provisions of TDS/TCS as per the Income-tax Act, 1961, in the event of death of deductee/collectee before linking of PAN and Aadhaar, it added.

    According to the statement, the Circular is in continuation of Circular No. 6 of 2024 issued earlier by the CBDT wherein the date for linking of PAN and Aadhaar was extended up to 31.05.2024 for the taxpayers (for the transactions entered into up to 31.03.2024) to avoid higher TDS/ TCS as per the Act.

    Meanwhile, industry experts have hailed the government’s decision to introduce an amendment to long-term capital gains (LTCG) tax on real estate transactions, saying the move will offer flexibility for sellers.

    Paying heed to the industry’s demand, the government on Tuesday moved an amendment to the Finance Bill 2024, to allow taxpayers to select either a 12.5 per cent long-term capital gains (LTCG) tax rate without indexation or a 20 per cent rate with indexation for property acquired before July 23 this year.

    Experts said this amendment is expected to stimulate investment and sales in the housing market by potentially reducing the tax burden on sellers.

  • Five States Including Karnataka Show Interest In Implementing Aadhaar-Based Authentication For GST Registration | Economy News

    New Delhi: Five states, including Karnataka, Tamil Nadu and Telangana, have shown interest in rolling out Aadhaar-based authentication for GST registration, an official said on Monday. The biometric-based authentication was discussed at the third National Co-ordination Meeting of senior Central and State GST officers earlier this month.

    Currently, two states, Gujarat and Andhra Pradesh, and the Union Territory of Puducherry have launched the Aadhaar authentication of taxpayers on a pilot basis. “Around five states, including Karnataka, Tamil Nadu and Telangana, have shown interest in implementing Aadhaar-based authentication for GST registration,” an official told PTI.

    The official further said that these states wanted to assess the cost involved, the infrastructure and manpower requirement for implementing the requirement of biometric authentication for registration. The data has been provided to them and based on the assessment, these states will have to put the proposal up before the state Cabinets for approval. (Also Read: Tata Motors Shares Tank Over 8%; Mcap Declines By Rs 29,016 Crore)

    Goods and Services Tax (GST) authorities have so far been using OTP-based Aadhaar authentication to establish the identity of the applicants, seeking registration. However, with instances coming to light wherein other people’s identity was misused to create bogus firms for claiming input tax credit (ITC), the Central Board of Indirect Taxes and Customs (CBIC) had decided to move towards biometric authentication under which in certain suspicious cases, the person seeking registration will be asked to go to an Aadhaar centre to have his biometrics verified.

    As per the analysis of April GST revenues, Karnataka is the second biggest contributor, followed by Uttar Pradesh and Tamil Nadu. Maharashtra garnered the largest chunk of revenue during the month. (Also Read: Paytm Focuses On UPI Lite Wallet For Low-Value Daily Payments)

    The GST collections, which include central and state mop-up, breached the Rs 2 lakh crore milestone in a month in April since the rollout of the unified tax system. Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April. The revenue growth was aided by strong economic momentum and increased domestic transactions and imports.

  • Justice Mittal panel seeks SC instructions to make sure Aadhaar playing cards to displaced, increase reimbursement scheme to sufferers in strife-torn Manipur

    Through PTI

    NEW DELHI: Noting that many Manipur citizens can have misplaced their identification paperwork within the ethnic strife, a Ideal Courtroom-appointed panel has recommended the highest court docket to go a slew of instructions to the state govt and others together with the UIDAI to make sure Aadhaar playing cards are made to be had to these displaced and the sufferers’ reimbursement scheme is broadened.

    The all-women committee headed by means of Justice Gita Mittal, which additionally incorporates Justices (retd) Shalini P Joshi and Asha Menon, submitted 3 reviews to the apex court docket on non-public paperwork of the displaced individuals, Manipur Sufferer Repayment Scheme, 2019 and the appointment of area professionals to facilitate its functioning.

    The panel has been constituted to supervise the comfort and rehabilitation of the ones hit by means of ethnic violence within the border state.

    The panel of former ladies judges used to be constituted days after the apex court docket had termed as “deeply worrying” the video of girls being paraded bare within the state.

    3 separate reviews, that have been shared with the recommend involved on Tuesday in pursuance of the apex court docket’s instructions, have been filed prior to a bench headed by means of Leader Justice D Y Chandrachud.

    The Justice Mittal panel mentioned a number of the a number of gaps, which might affect attaining the advantages of aid and rehabilitation measures to the sufferers, the in the beginning could be “non-availability of paperwork for identity which would come with Aadhaar playing cards, voter I-card/ration playing cards/BPL playing cards and so forth.” 

    It mentioned enquiries have printed that out of the entire above paperwork, the method of acquiring a duplicate of the Aadhaar Card could also be the most simple because the Distinctive Id Authority of India (UIDAI) has the entire important knowledge to be had in virtual layout.

    The panel has sought instructions to the Deputy Director Common, UIDAI, Regional Place of job, Guwahati in addition to the Secretary, Division of House Affairs, Manipur to collectively take all steps to make sure availability of Aadhaar card to the displaced individuals whose information are to be had with Aadhaar government.

    “Direct the Secretary, Division of Finance to factor suitable directions to all Banks within the affected portions of Manipur to make to be had the main points of the financial institution accounts held by means of the displaced individuals to them. If important, the Banks must depute accountable team of workers individuals to seek advice from the comfort camps and have interaction with the displaced individuals, making sure continuity of banking provider to them,” it mentioned.

    The committee has additionally recommended pressing steps for issuing the Incapacity Certificate/Duplicates of Incapacity Certificate to specially-abled individuals within the aid camps straight away.

    At the factor of reimbursement to the sufferers, the committee mentioned the Manipur Sufferer Repayment Scheme, 2019 covers a particularly restricted choice of offences entitling an individual to reimbursement and its outreach must be straight away widened.

    It mentioned time-bound instructions want to be given to Nationwide Felony Products and services Authority (NALSA) to inspect and make suggestions relating to offences rather then the ones coated and fixation of charges of period in-between reimbursement.

    Noting the lapses within the scheme, the panel has sought instructions to the Manipur Prime Courtroom and the state govt to urgently entire the method of appointing secretaries of the District Felony Products and services Government in the entire 16 districts within the state.

    The committee recommended the highest court docket to direct the Manipur govt to make suitable amendments or adjustments within the Manipur Sufferer Repayment Scheme, 2019 inside of two weeks.

    “Direct the Police Government to ahead straight away after registration, cushy and tough copies of FIRS registered up to now or as could also be registered hereafter to the involved District State Felony Products and services Authority.

    “Instructions be issued to the Executive of India and Executive of Manipur to supply knowledge relating to Manipur Sufferer Repayment Scheme, 2019 in addition to some other Particular Schemes to the displaced individuals below which they are able to take receive advantages,” the committee mentioned.

    Along with the above topics, the committee mentioned particular care must be accorded to the aged.

    The panel mentioned it is crucial to have interaction with government and officers in any respect ranges of the federal government equipment positioned in far-flung aid camps in addition to the senior maximum within the forms.

    ALSO READ | When Manipur sank to its lowest, coexistence went up in smoke

    “Ascertaining their details in addition to the touch main points and contacting them can turn out to be tricky. It’s, due to this fact, very important to have pressing help of an completed and environment friendly former senior bureaucrat who has served within the Manipur Cadre,” it mentioned.

    The highest court docket, whilst being attentive to the 3 reviews, had on Monday mentioned it is going to go “sure procedural instructions” on August 25 to facilitate the functioning of the Justice Mittal panel and to maintain problems bearing on administrative requisitions, investment to fulfill administrative and different bills, and putting in place a internet portal to supply important exposure to the paintings being finished by means of the panel.

    Greater than 160 other people had been killed and a number of other hundred injured since ethnic violence first broke out within the state on Might 3 when a ‘Tribal Harmony March’ used to be organised within the hill districts to protest in opposition to the bulk Meitei neighborhood’s call for for Scheduled Tribe standing.

    NEW DELHI: Noting that many Manipur citizens can have misplaced their identification paperwork within the ethnic strife, a Ideal Courtroom-appointed panel has recommended the highest court docket to go a slew of instructions to the state govt and others together with the UIDAI to make sure Aadhaar playing cards are made to be had to these displaced and the sufferers’ reimbursement scheme is broadened.

    The all-women committee headed by means of Justice Gita Mittal, which additionally incorporates Justices (retd) Shalini P Joshi and Asha Menon, submitted 3 reviews to the apex court docket on non-public paperwork of the displaced individuals, Manipur Sufferer Repayment Scheme, 2019 and the appointment of area professionals to facilitate its functioning.

    The panel has been constituted to supervise the comfort and rehabilitation of the ones hit by means of ethnic violence within the border state.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );

    The panel of former ladies judges used to be constituted days after the apex court docket had termed as “deeply worrying” the video of girls being paraded bare within the state.

    3 separate reviews, that have been shared with the recommend involved on Tuesday in pursuance of the apex court docket’s instructions, have been filed prior to a bench headed by means of Leader Justice D Y Chandrachud.

    The Justice Mittal panel mentioned a number of the a number of gaps, which might affect attaining the advantages of aid and rehabilitation measures to the sufferers, the in the beginning could be “non-availability of paperwork for identity which would come with Aadhaar playing cards, voter I-card/ration playing cards/BPL playing cards and so forth.” 

    It mentioned enquiries have printed that out of the entire above paperwork, the method of acquiring a duplicate of the Aadhaar Card could also be the most simple because the Distinctive Id Authority of India (UIDAI) has the entire important knowledge to be had in virtual layout.

    The panel has sought instructions to the Deputy Director Common, UIDAI, Regional Place of job, Guwahati in addition to the Secretary, Division of House Affairs, Manipur to collectively take all steps to make sure availability of Aadhaar card to the displaced individuals whose information are to be had with Aadhaar government.

    “Direct the Secretary, Division of Finance to factor suitable directions to all Banks within the affected portions of Manipur to make to be had the main points of the financial institution accounts held by means of the displaced individuals to them. If important, the Banks must depute accountable team of workers individuals to seek advice from the comfort camps and have interaction with the displaced individuals, making sure continuity of banking provider to them,” it mentioned.

    The committee has additionally recommended pressing steps for issuing the Incapacity Certificate/Duplicates of Incapacity Certificate to specially-abled individuals within the aid camps straight away.

    At the factor of reimbursement to the sufferers, the committee mentioned the Manipur Sufferer Repayment Scheme, 2019 covers a particularly restricted choice of offences entitling an individual to reimbursement and its outreach must be straight away widened.

    It mentioned time-bound instructions want to be given to Nationwide Felony Products and services Authority (NALSA) to inspect and make suggestions relating to offences rather then the ones coated and fixation of charges of period in-between reimbursement.

    Noting the lapses within the scheme, the panel has sought instructions to the Manipur Prime Courtroom and the state govt to urgently entire the method of appointing secretaries of the District Felony Products and services Government in the entire 16 districts within the state.

    The committee recommended the highest court docket to direct the Manipur govt to make suitable amendments or adjustments within the Manipur Sufferer Repayment Scheme, 2019 inside of two weeks.

    “Direct the Police Government to ahead straight away after registration, cushy and tough copies of FIRS registered up to now or as could also be registered hereafter to the involved District State Felony Products and services Authority.

    “Instructions be issued to the Executive of India and Executive of Manipur to supply knowledge relating to Manipur Sufferer Repayment Scheme, 2019 in addition to some other Particular Schemes to the displaced individuals below which they are able to take receive advantages,” the committee mentioned.

    Along with the above topics, the committee mentioned particular care must be accorded to the aged.

    The panel mentioned it is crucial to have interaction with government and officers in any respect ranges of the federal government equipment positioned in far-flung aid camps in addition to the senior maximum within the forms.

    ALSO READ | When Manipur sank to its lowest, coexistence went up in smoke

    “Ascertaining their details in addition to the touch main points and contacting them can turn out to be tricky. It’s, due to this fact, very important to have pressing help of an completed and environment friendly former senior bureaucrat who has served within the Manipur Cadre,” it mentioned.

    The highest court docket, whilst being attentive to the 3 reviews, had on Monday mentioned it is going to go “sure procedural instructions” on August 25 to facilitate the functioning of the Justice Mittal panel and to maintain problems bearing on administrative requisitions, investment to fulfill administrative and different bills, and putting in place a internet portal to supply important exposure to the paintings being finished by means of the panel.

    Greater than 160 other people had been killed and a number of other hundred injured since ethnic violence first broke out within the state on Might 3 when a ‘Tribal Harmony March’ used to be organised within the hill districts to protest in opposition to the bulk Meitei neighborhood’s call for for Scheduled Tribe standing.

  • Mizoram instructs Myanmar refugees to not acquire land or area with out executive permission

    By means of PTI

    AIZAWL: The Mizoram govt has prompt Myanmar nationals, recently taking safe haven within the state, to not acquire land and run companies with out prior permission from the state govt.

    An order issued by means of the Aizawl district management not too long ago mentioned that no refugees from Myanmar will have to acquire land or area with out the data and prior permission from the state govt.

    The order additionally mentioned that Myanmar refugees will have to no longer run any trade with out the permission of the federal government and in addition no longer be occupied with any unlawful trade.

    The refugees will have to tell about their cars, which they’ve introduced from their nation to the native or village point committee excited about Myanmar refugees, it mentioned.

    They will have to no longer sign up for Aadhaar, state voter checklist, or download a riding license, amongst others, the order mentioned.

    The federal government additionally prompt all native or village point committees to make certain that the order is exactly carried out and report back to the chairman of the district job workforce on Myanmar refugees in case of violation of the order.

    House minister Lalchamliana had not too long ago knowledgeable the state meeting that 30,401 Myanmar nationals have thus far taken safe haven in Mizoram because the army junta seized energy in February ultimate yr.

    Mizoram stocks a 510 km lengthy porous border with Myanmar.

    The Myanmar nationals, who took safe haven in Mizoram, are most commonly from Chin communities, who proportion ethnicity and ancestry with the Mizos.

    Nearly all of refugees are lodged at makeshift camps arrange by means of the federal government and village government, whilst some have taken homes on hire on their very own and a few others reside with their native kin.

    About 156 aid camps had been arrange in several portions of the state, in step with officers.

    The Myanmar nationals are supplied with meals and different aid by means of the state govt, NGOs, church buildings and village government.

    The state govt has thus far equipped Rs 380 lakh as aid to the Myanmar nationals, officers mentioned.

    Remaining yr, Leader Minister Zoramthanga prompt the Centre to supply humanitarian help to the Myanmar refugees.

    In December ultimate yr, the state govt had constituted a high-level committee chaired by means of Lalchamliana to observe the Myanmar refugees because of a continual upward thrust within the selection of Myanmar nationals fleeing to the state.

    Except this, the federal government additionally arrange a role workforce on Myanmar refugees, district point committees chaired by means of deputy commissioners and village or native point committees (beneath the chairmanship of village council president) to supervise the refugee factor.

    The Mizoram govt has been carrying out profiling of Myanmar nationals taking safe haven within the state since February this yr with a view to take care of a right kind document of the refugees.

    Up to now, 30,401 Myanmar nationals had been documented and 30,144 of them had been issued id playing cards.

    The id card, which certifies the holder as sheltering in Mizoram, is just for identity functions to distinguish the holder from Indian voters and isn’t legitimate for availing the federal government’s scheme, in step with a state house division reputable.

    The ID card is legitimate most effective in Mizoram.

    AIZAWL: The Mizoram govt has prompt Myanmar nationals, recently taking safe haven within the state, to not acquire land and run companies with out prior permission from the state govt.

    An order issued by means of the Aizawl district management not too long ago mentioned that no refugees from Myanmar will have to acquire land or area with out the data and prior permission from the state govt.

    The order additionally mentioned that Myanmar refugees will have to no longer run any trade with out the permission of the federal government and in addition no longer be occupied with any unlawful trade.

    The refugees will have to tell about their cars, which they’ve introduced from their nation to the native or village point committee excited about Myanmar refugees, it mentioned.

    They will have to no longer sign up for Aadhaar, state voter checklist, or download a riding license, amongst others, the order mentioned.

    The federal government additionally prompt all native or village point committees to make certain that the order is exactly carried out and report back to the chairman of the district job workforce on Myanmar refugees in case of violation of the order.

    House minister Lalchamliana had not too long ago knowledgeable the state meeting that 30,401 Myanmar nationals have thus far taken safe haven in Mizoram because the army junta seized energy in February ultimate yr.

    Mizoram stocks a 510 km lengthy porous border with Myanmar.

    The Myanmar nationals, who took safe haven in Mizoram, are most commonly from Chin communities, who proportion ethnicity and ancestry with the Mizos.

    Nearly all of refugees are lodged at makeshift camps arrange by means of the federal government and village government, whilst some have taken homes on hire on their very own and a few others reside with their native kin.

    About 156 aid camps had been arrange in several portions of the state, in step with officers.

    The Myanmar nationals are supplied with meals and different aid by means of the state govt, NGOs, church buildings and village government.

    The state govt has thus far equipped Rs 380 lakh as aid to the Myanmar nationals, officers mentioned.

    Remaining yr, Leader Minister Zoramthanga prompt the Centre to supply humanitarian help to the Myanmar refugees.

    In December ultimate yr, the state govt had constituted a high-level committee chaired by means of Lalchamliana to observe the Myanmar refugees because of a continual upward thrust within the selection of Myanmar nationals fleeing to the state.

    Except this, the federal government additionally arrange a role workforce on Myanmar refugees, district point committees chaired by means of deputy commissioners and village or native point committees (beneath the chairmanship of village council president) to supervise the refugee factor.

    The Mizoram govt has been carrying out profiling of Myanmar nationals taking safe haven within the state since February this yr with a view to take care of a right kind document of the refugees.

    Up to now, 30,401 Myanmar nationals had been documented and 30,144 of them had been issued id playing cards.

    The id card, which certifies the holder as sheltering in Mizoram, is just for identity functions to distinguish the holder from Indian voters and isn’t legitimate for availing the federal government’s scheme, in step with a state house division reputable.

    The ID card is legitimate most effective in Mizoram.

  • UIDAI to inspire other folks to replace their Aadhaar biometrics each 10 years: Legitimate

    As soon as an individual is over a definite age, say 70 years, then the updation in their biometrics, demographics, and so on may not be required, an reputable mentioned.

  • Kid’s Aadhaar no longer obligatory for availing advantages of Poshan scheme: Executive

    The explanation got here based on a media file which claimed that 'hundreds of thousands of youngsters will quickly want Aadhaar IDs to get entry to their proper to a nutritious meal'.