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.
Railway ministry approved
upgradation of 3335 posts from Group ‘C’ to Group ‘B’. It is approved by the
Ministry of Railways and the proposal has been sent for the clearance of Ministry
of Finance. About 3.5 lakhs employees are expected to be benefited on account
of cadre restructuring all over Indian Railways. The Cadre Restructuring Committee
(CRC) meeting had taken place from 2010 and the last CRC meeting had taken
place on 22nd February, 2013. NFIR has issued a press statement
regarding it. The Federation has also urged to the railway board for issuance
of orders before Dussehra.
Source : NFIR
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