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Companies Asking For Aadhar Card Can Now Be Charged A Fine Of 1 Crore

| Published on January 3, 2019

The introduction of Aadhar has been creating controversies since the day it was applied. According to the recent decision by the Indian government, a provision has been issued which states a fine of Rs 1 crore to 10 lakh per day if any company is found to be violating the rules under Aaddhar Act.

To protect the growing concerns of the citizens, the government has already proposed some amendments under this Act, where the Unique Identification Authority Of India (UIDAI) will be given more powers to look into. Also, the authorities will issue plans for setting up a fund for UIDAI, so that they can be exempted from paying taxes. Even ‘Virtual IDs’ will be made available under this.

As per the recent updates, an individual holds the authority of canceling his or her biometric identifier within six months. A child will require his or her guardian’s consent for enrolling.

Also Read: Most Controversial Data Breaches Of 2018 Effecting Indian Users

Over 122 crore Aaddhar cards have been issued without giving the power to UIDAI to enforce the law over entities, who are violating it by asking details. From now on, entities present online as well as offline will have to follow this law. Appeals can be filed before Telecom Disputes Settlement And Appellate Tribunal (TDSAT) also. The Prevention Of Money Laundering Act (PMLA) and The Telegraph Act will be amended also.

It is to be noted that Aaddhar is mandatory for allotting Permanent Account Number(PAN) and filing Income Tax Returns(IT) only.

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