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Aadhaar for I-T returns is mandatory, says Jaitley

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NEW DELHI: The government said on Wednesday that making Aadhaar mandatory for filing income tax returns was necessary to plug evasion and frauds as finance minister Arun Jaitley indicated that it could replace other identity cards such PAN and voter cards in future.

Defending the move to make Aadhaar mandatory for IT returns, Jaitley said nearly 98% of the adult population or about 108 crore have an Aadhaar card.

“To encourage digital economy and to discourage cash economy, I had proposed in Budget that there will be a ban on cash transactions of over Rs 3 lakh. I am making it Rs 2 lakh by an amendment,” he said.

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