New Delhi: The UIDAI has blacklisted or suspended around 1,000 operators while FIRs have been filed against 20 individuals in the last three months for malpractices such as charging for Aadhaar enrolment. The Unique Identification Authority of India (UIDAI) has also slapped a penalty of Rs 10,000 each on these erring operators besides removing them […]
New Delhi: India’s national biometric ID Aadhaar can now be quoted for cash transactions of more than Rs 50,000 and all other purposes where traditionally income tax PAN number was a must, according to a top official. Banks and other institutions will make backend upgrades to allow acceptance of Aadhaar in all places where quoting […]
New Delhi: With an aim to check the massive outflow of foreign portfolio investment since the Budget, the government on Friday withdrew the surcharge levied on them. As a result, the tax incidence for foreign portfolio investors (FPIs) will come down by 4-7 per cent removing the anomaly created in the Budget. The move will […]
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