140

UIDAI Chief Says Denial Of Benefit Over Lack Of Aadhaar Is Breach Of Norms

New Delhi: UIDAI CEO Ajay Bhushan Pandey has asserted that denial of government benefits because of lack of Aadhaar or problems in its authentication is violation of norms and the violators should be punished.

The Unique Identification Authority of India (UIDAI) -- the agency responsible for issuing the 12-digit number -- termed the assertion by some activists who doubted Aadhaar removing bogus beneficiaries as "distorted".

116

New Rs 500, 2000 Notes Have Unique Dimension, Says Finmin

New Delhi: The new 500 and 2,000 rupee notes have single unique dimension, according to the  Finance Ministry.

"Bank notes in each denomination have a distinct dimension. The size of new design Rs 500 bank note is 66mm x 150mm and the size of new design Rs 2,000 bank note is 66mm x 166mm," Minister of State for Finance Arjun Ram Meghwal said in a written reply to a question in the RajyaSabha.

92

I-T Returns Up 25% With More Individuals Declaring Income

New Delhi: The Income Tax department has said there was a 25% rise in the number of returns filed until August 5, the deadline, one of the highest growth rates in recent years.

In all, 2.82 crore returns were filed by the extended deadline, compared to 2.27 crore in the same period last year, a rise of 24.2%. Last year, the growth was just a shade under 10%. In the case of individuals, the increase was to the tune of 25.1%, with the number of returns filed estimated at 2.79 crore. 

73

Swiss Banks To Share Info With India For Tightening Noose Around Black Money Hoarders

New Delhi: Switzerland has entered into an automatic exchange of information pact with India, which will open a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks.

In a detailed notification and fact sheet published in its official gazette for introduction of “automatic exchange of information relating to financial accounts with India”, the Swiss government has also cited decisions by other financial centres like Liechtenstein and Bahamas to enter into similar pacts.