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New Income Tax Rules – Submission of false Aadhaar number may be fined Rs. 10,000

As it is well known that the income tax department has allowed Aadhaar card holders to use the biometric id number in lieu of the Permanent Account Number (PAN). But as per new provision of Income Tax, fine of Rs. 10,000 may be levied in case of wrong Aadhar Number. As per the latest amendments in the Finance Bill 2019, not only allowed people to use Aadhaar in lieu of PAN but also introduced a penalty for giving a false Aadhaar number. However, the new penalty rules are applicable only in cases where you are using Aadhaar in lieu of PAN and where quoting PAN is mandatory according to the income tax department rules. It is well known that although Aadhaar is issued by the Unique Identity Authority of India, yet the fine is not imposed by UIDAI but by the income tax department. Under Section 272B of the Income Tax Act, 1961, the department can impose a penalty in case of default in complying with provisions relating to PAN, i.e., failure to obtain, quote, or authenticate PAN.
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There is no proposal to increase the age of retirement of Government employees : Rajyasabha Question Answer


In reply to question raised on plan to increase the retirement age of Government employees, Minister of State in the Prime Minister’s Office stated that there is no proposal to increase the retirement age of government employee from 60 to 62 years. It is a break in all divination of enhancement of retirement age. It is hopeless news for retiring employees whereas it is good news for those employees who are waiting for their promotion on account of retirement.

          The details of question answer is as below :

UNSTARRED QUESTION NO-1465
ANSWERED ON-22.08.2013

Plan to increase retirement age of Government employees

1465 . SHRI PANKAJ BORA

(a) whether Government has any plan to increase the retirement age of Government employees; and
(b) if so, by when and if not, the reasons therefor?

ANSWER

Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office. (SHRI V. NARAYANASAMY)


(a) & (b): As per Fundamental Rule 56(a) except as otherwise provided, every Government servant shall retire on attaining the age of 60 years. At present, there is no proposal to increase the age of retirement of Government employees.




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New Income Tax Rules – Submission of false Aadhaar number may be fined Rs. 10,000

As it is well known that the income tax department has allowed Aadhaar card holders to use the biometric id number in lieu of the Permanent Account Number (PAN). But as per new provision of Income Tax, fine of Rs. 10,000 may be levied in case of wrong Aadhar Number. As per the latest amendments in the Finance Bill 2019, not only allowed people to use Aadhaar in lieu of PAN but also introduced a penalty for giving a false Aadhaar number. However, the new penalty rules are applicable only in cases where you are using Aadhaar in lieu of PAN and where quoting PAN is mandatory according to the income tax department rules. It is well known that although Aadhaar is issued by the Unique Identity Authority of India, yet the fine is not imposed by UIDAI but by the income tax department. Under Section 272B of the Income Tax Act, 1961, the department can impose a penalty in case of default in complying with provisions relating to PAN, i.e., failure to obtain, quote, or authenticate PAN.
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