Indian government steps closer to using PAN cards
Indian Finance Minister, P Chidambaram, recently spoke of the Indian government’s intent to issue biometric permanent account numbers (PAN) to new tax payers, according to a Business Standard article. This would be the first step towards full implementation of the cards after the Income Tax department rejected the idea two-years ago when it discovered that many non-biometric PAN cardholders had duplicate cards with different information on them.
While the move to biometric cards is slow going due to concerns over cost and implementation of the technology, Chidambaram said that bids would be invited by the Central Board of Direct Taxes in the near future.
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