India has lots of cards when it comes to a person’s identity or tax pay and every single card has its particular work for which it has been launched but it is very hard for a person to handle all the cards. In India any government work is like climbing a mountain and applying for so many cards is same as that mountain climbing. So government is coming with an idea of replacing all the cards with Aadhaar card which is really a good idea.
The Finance Minister of India Arun Jaitley said today that Aadhaar card may replace all the card in the future like voter id card and pan card. Indian government is going to replace all the cards with aadhar card and person who is citizen of India must have to have aadhar card because it will become his identity and person will be able to pay his tax with the help of Aadhar card.
Mr. Arun Jaitley was addressing to a question which was asked from the opposition in the Lok Sabha that why there are so many ID cards despite Aadhaar’s introduction. This is also one of the main questions which a normal person also want to ask from the government. The finance minister answered in a good manner that government is looking to replace all the card from aadhar card. The finance minister also explained why aadhar being made mandatory for IT returns that many persons have been found with multiple pan cards and this is the reason why government is thinking about replacing of all the cards with aadhar card.
The finance minister also added that today 98 percent people who are citizens of this country have aadhar card and they can either give the aadhar number or they can mention that they have applied for aadhar but the government won’t allow them to avoid tax.
Mr. Arun Jaitley said that people needed to be brought into the tax system and he also explained that this is the reason why government lowered the tax slab this year.
Mr. Arun jaitley also said that the tax collections have been on the increase in the last few years. We had set a direct and indirect tax collection of Rs 16.25 lakh crore for the current fiscal, which was revised upwards to Rs 17 lakh crore. We will achieve this record target by the end of whatever little remains of the fiscal.
He also told the future plan of the government that the collection target for next year has been set at Rs 19,05,000 crore. Rs 9.8 lakh crore is estimated to come from direct taxes while Rs 9.25 lakh crore from indirect taxes.
This is one of the important decision taken by the government because there are so many people who are not paying the tax and tax will give better growth to our country. So for the country perspective it is very good decision taken by the Indian government for the betterment of our country’s future and growth