Governance 2 aadhar aadhaar link deadline for

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GOVERNANCE 2) AADHAR Aadhaar link deadline for subsidies to be March 31 The government intends to issue a notification extending the deadline for mandatory Aadhaar linking from December 31, 2017 to March 31, 2018, Attorney-General of India K.K. Venugopal submitted before the Supreme Court. This extension would include 139 government subsidies, benefits or services, which are funded out of the Consolidated Fund of India as per Section 7 of the Aadhaar Act of 2016 . The extension of deadline would, in all likelihood, include the mandatory linkage of Aadhaar with bank accounts . However, it does not include linking of mobile phones with Aadhaar. The deadline for this is February 6, 2018. This is because the government is complying with a February 6, 2017 order in the Lok Niti Foundation case to tighten up the verification process of mobile users through Aadhaar linkage, citing national security.
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CURRENT AFFAIRS DECEMBER 2017 52 | Page 9004078746 [email protected] More time for linking PAN and Aadhaar With less than a month to go for the deadline to link Aadhaar with PAN, the Centre extended the deadline to March 31, 2018. “In view of the difficulties faced by some of the taxpayers, the date for linking of Aadhaar with PAN was initially extended till August 31, 2017, which was further extended to December 31, 2017 ,” the I-T Department said. Under the provisions of the recently introduced Section 139AA of the Income-Tax Act, 1961 , with effect from July 1, 2017, all taxpayers with an Aadhaar number or Enrolment number are required to link it with their PAN by the stipulated deadline.
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CURRENT AFFAIRS DECEMBER 2017 53 | Page 9004078746 [email protected] Nissan Motor moves Arbitral Tribunal The dispute between Japanese automaker Nissan Motor and India with respect to incentives of $770 million reportedly due to the company from the Tamil Nadu government has got mired into a bigger legal tangle. While the State government has approached the Madras High Court to restrain the company from proceeding with international arbitration, the latter has moved the International Arbitral Tribunal to forbear the government from proceeding with the case in the High Court. It began with an observation that Article 96(21) of the CEPA makes it clear that an international arbitration tribunal constituted under its auspices was empowered to rule on any objections to its jurisdiction and pointed out that in the present dispute, India had raised such an objection by contending that investment disputes would not fall within the competence of the tribunal. Nissan Motor too had agreed to a preliminary hearing to decide the issue of jurisdiction. Three more months to link bank accounts to Aadhaa The government extended the December 31 deadline for linking bank accounts to Aadhaar numbers by three months to March 31, 2018.
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CURRENT AFFAIRS DECEMBER 2017 54 | Page 9004078746 [email protected] A senior government official said that the deadline for linking insurance policies and mutual fund
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