The ministry of finance will come out with a new deadline
GN Bureau | December 13, 2017
A day before a Supreme Court bench takes up petitions opposing mandatory Aadhaar linkage with several government services, the government has withdrawn its December 31 deadline to link Aadhaar with bank accounts. In 'prevention of money laundering (maintenance of records) rules seventh amendment, 2017, rules' the ministry of finance said that people should "submit Aadhaar number and PAN account number, or form 60 by such date as may be notified by the central government".
The rules, brought in consultation with the Reserve Bank of India (RBI), says that once the government notifies the new deadline for the Aadhaar linkage, all accounts operating without Aadhaar will cease to be operational unless Aadhaar and PAN details are submitted.
On December 7, the government told the supreme court that it is extending the deadline for mandatory linking of the government services (including PAN) with Aadhaar till March 31, 2018. However, news agencies reported, the extension is meant for those who haven't enrolled for Aadhaar yet.
On November 3, the SC had asked the banks and the telecom service providers (TSP) to specify a deadline in their messages for linking accounts with Aadhaar. The apex court clubbed four new petitions related to Aadhaar with the existing petitions and these petitions will be taken up by a constitutional bench of the supreme court by the end of November.
Union Minister for Education and Skill Development & Entrepreneurship Dharmendra Pradhan Saturday launched the Bharatiya Bhasha Utsav and inaugurated the two-day Technology & Bharatiya Bhasha Summit in New Delhi. The summit aims to facilitate a seamless transition from the current education ecosyst
India has retained the 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization. India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023. Inn
Prime minister Narendra Modi addressed the programme marking 20 years celebration of the Vibrant Gujarat Global Summit at Science City in Ahmedabad on Wednesday. The Vibrant Gujarat Global Summit was started 20 years ago, on September 28, 2003, under the leadership of Modi, then chief minis
It is often said that industry is at 4.0 and education is at 2.0. To transform education in line with artificial intelligence (AI), it is imperative to adopt what companies like Google are doing. We must learn to grow along with AI as AI is going to grow. There is a need to evolve the mindsets of educators
Saturday Stories By Rashmi Bansal HarperCollins, 176 pages, Rs 250 From the bestselling author of ‘Stay Hu
Oracle has showcased new AI-powered capabilities within Oracle Analytics Cloud. Leveraging the Oracle Cloud Infrastructure (OCI) Generative AI service, the new capabilities assist analytics self-service users to more quickly and efficiently conduct sophisticated analysis and make better business decisions