The Tax Department asked all bank customers to link their accounts to Aadhaar card by April 30 to avoid getting them blocked, according to a report by India today.
It said, the tax department has asked everyone to link their bank, insurance, and stock accounts opened between July 2014 and August 2015 under the Foreign Tax Compliance Act (FATCA), to their Aadhaar card numbers and self-verify their Know Your Customer (KYC) details.
The government has been accelerating the requirement of an Aadhaar card beyond the Supreme Court-mandated welfare schemes. It has now been extended to filing income tax returns, opening new bank accounts, and linking it to the PAN card to ensure it isn't rendered invalid.
The deadline to link Aadhaar card with PAN card is July 1.
While the government is rooting to make the Aadhaar card's use widespread, there are concerns about its ability to keep the database of the personal details of hundreds of thousands of citizens and their biometrics secure. There have been instances where the crucial details of thousands of Aadhaar card holders have been found online without the required encryption. The unencrypted Excel sheets found on a ministry's website were deleted after several media reports.
The Unique Identification Authority of India (UIDAI) recently blacklisted 1,000 operators and filed FIRs against 20 individuals in the last three months. Penalties were also slapped against 10,000 erring operators.
According to a PTI report, "We have received certain complaints...we have a zero tolerance policy on overcharging. We hvae identified about 1,000 such operators since December 2016...in the last three months, these operators have been removed from our system and we are also imposing a penalty of Rs 10,000 each on them, UIDAI CEO Ajay Bhushan Pandey said.
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