<h1>Indian Parliament Passes Bill Allowing Aadhaar for Voluntary Identity Verification Under Prevention of Money Laundering Act.</h1> The Aadhaar and Other Laws (Amendment) Bill, 2019, passed by the Indian Parliament, allows voluntary use of Aadhaar for identity verification under the Prevention of Money Laundering Act, 2002. According to the Reserve Bank of India's KYC guidelines, banks must collect Aadhaar numbers from individuals seeking benefits or subsidies under government schemes. Section 7 of the Aadhaar Act, 2016, permits the government to require Aadhaar authentication for receiving subsidies or benefits, with alternative identification methods available if Aadhaar is not assigned. This linking of bank accounts with Aadhaar is essential for direct benefit transfers from the government.