The Unique Identification Authority of India (UIDAI) on Wednesday hailed Supreme Court's historical judgement on Aadhaar scheme and said the ruling will ensure better tax compliance.
In an interview to CNBC-TV18'sAshmit Kumar, Ajay Bhushan Pandey, chief executive officer, said, "The Supreme Court has held Aadhaar to be constitutional and has clearly stated that the Aadhaar act meets the requirements of limited government, good governance and constitutional trust. It has also gone on to say that Aadhaar does not tend to create a surveillance infrastructure. In fact, on the contrary, it ensures the dignity of the marginalised sections of the society and also their empowerment."
Pandey said, “The Supreme Court has held the requirement of Aadhaar for the subsidy schemes which are funded out of consolidated fund of India as provided in the Section 7 of the Aadhaar Act. So, what it means that for the subsidies scheme you can use Aadhaar and the basic purpose is that the divergence of the money through duplicates and the fakes would stop and then the benefits will go to the deserving sections of the society."
He said the Supreme Court has upheld the requirement of Aadhaar for PAN and income tax and this will curb tax evasions, money laundering, benami transactions and so on.
According to Pandey, Aadhaar judgement is a win for the country and for the people of India.
“Section 57 has not entirely been struck down. It has been read down only to the extent that it permitted the usage of Aadhaar by the private companies, not backed by law. So, that part has been struck down, he further added.Read all the latest updates on Aadhaar verdict here