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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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Confederation demands enhancement in certain allowances

Confederation of Central Government Employees and Workers has written a letter to Secretary, DOPT demanding increase in following allowances by 25% as a result of enhancement of DA by 100% w.e.f. 01.01.2014.

1. Children Education Assistance & Reimbursement of Tuition Fee

2. Advances for purchase of Bicycle Advance, Warm clothing Advance, Festival Advance, Natural Calamity Advance

3. Special Compensatory Hill Area Allowance

4. Special Compensatory Scheduled / Tribal Area Allowance

5. Project Allowance

6. Speical Compensatory (Remote Locality) Allowance

7. Cycle Maintenance Allowance

8. Mileage for road journey all components of daily allowance on tour

9. Rates of Fixed Conveyance Allowance under SR-25 (Motor Car)

10. Rates of Fixed Conveyance Allowance under SR-25 (Other modes)

11. Washing Allowance

12. Split Duty Allowance

13. Spl. Allowance for Child Care for Women with Disabilities and Education Allowance for disabled children

14. Cash Handling Allowance

15. Risk Allowance

16. Postgraduate Allowance

17. Desk Allowance

18. Bad Climate Allowance

It is pertinent to mention here that as recommended by 6th CPC and accepted by the Government of India, these above mentioned allowances and advances require enhancement of 25% from its present state as done when the DA crossed 50% in 01.01.2011.

 View the letter here


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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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