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        PMLA, Black Money & ED

        Govt extends deadline for linking Aadhaar with saving schemes

        January 8, 2018

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        New Delhi, Jan 8 (PTI) Government has extended the deadline for linking of biometric identification Aadhaar to small savings schemes like post office deposits, Kisan Vikas Patra by three months to March 31, 2018.

        "It has now been decided to extend the last date for submission of 'Aadhaar' number from December 31, 2017 to March 31, 2018," a Finance Ministry notification said.

        The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and blackmoney.

        The depositor was required to submit Aadhaar number at the time of opening of account/purchasing certificates, it said.

        Further, that every depositor who had not given his Aadhaar number at the time of application for such deposit was to submit his Aadhaar number on or before December 31, 2017.

        In October, the government made 12-digit Aadhaar mandatory for all small savings schemes like post office deposits, PPF, the National Savings Certificate scheme and Kisan Vikas Patra. Existing depositors were given time till December 31, 2017 to provide the unique number.

        It is to be noted that the government extended the deadline for mandatory linking of Aadhaar to avail the benefits of various government schemes till March 31.

        As many as 135 schemes (of 35 ministries) including the free cooking gas (LPG) to poor women, kerosene and fertiliser subsidy, targeted public distribution system (PDS) and MGNREGA will be covered by the extension.

        Aadhaar linking requirement extended for small savings schemes, postponing mandatory submission and widening scheme coverage. The government has extended the deadline for mandatory Aadhaar linking for small savings schemes, requiring depositors to submit the unique biometric identifier when opening accounts or purchasing certificates and directing existing depositors who have not furnished it to provide the number by the new deadline; the extension also aligns linkage timelines for a wide range of welfare and subsidy programmes to enhance identity verification and targeted delivery.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Aadhaar linking requirement extended for small savings schemes, postponing mandatory submission and widening scheme coverage.

                                The government has extended the deadline for mandatory Aadhaar linking for small savings schemes, requiring depositors to submit the unique biometric identifier when opening accounts or purchasing certificates and directing existing depositors who have not furnished it to provide the number by the new deadline; the extension also aligns linkage timelines for a wide range of welfare and subsidy programmes to enhance identity verification and targeted delivery.





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                                ActsIncome Tax
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