Aadhaar linking will help prevent PAN fraud, UIDAI tells Supreme Court - News Summed Up

Aadhaar linking will help prevent PAN fraud, UIDAI tells Supreme Court


UIDAI has told Supreme Court that 11.35 lakh cases of duplicate PAN/fraudulent PAN have been detected and that they have been deleted/deactivated. Photo: Pradeep Gaur/MintNew Delhi: The Unique Identification Authority of India (UIDAI) told the Supreme Court on Tuesday that Aadhaar would help prevent duplication of PAN cards by linking databases. “11.35 lakh cases of duplicate PAN/fraudulent PAN have been detected and such PANs have been deleted/ deactivated,” Tusshar Mehta, counsel for UIDAI said. Mehta added that fake PAN cards were used to create shell companies abroad and Aadhaar could make sure that this did not happen. Venugopal submitted that biometrics were a safe and accurate technology that could prevent money laundering, bank frauds, income tax evasion and terrorism.


Source: Mint April 10, 2018 16:57 UTC



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