Budget 2019: PAN, Aadhaar interchangeable for filing of IT returns, says FM

Sitharaman said Aadhaar card for NRIs with Indian passports will be issued after their arrival in India, without waiting for the mandatory 180 days

1504201320-7987

Budget 2019: Finance Minister Nirmala Sitharaman Friday said PAN and Aadhaar have been made interchangeable, allowing those who do not have PAN to file income tax returns.

Presenting the first budget of the Modi government in its second term, Sitharaman said Aadhaar card for NRIs with Indian passports will be issued after their arrival in India, without waiting for the mandatory 180 days.

Sitharaman said with a view to incentivising investment in GIFT City, the government proposes several tax benefits.

Comments

Popular posts from this blog

Budget 2019 fails to address real estate sector's most pressing concerns

300 sixes and counting: Gayle achieves another swashbuckling feat in IPL

Global Covid cases cross grim milestone of 300 mn; deaths over 5.47 mn