It is absolutely necessary for the I-T department to come out with clear guidelines as to whether this LPG subsidy amount deposited in the bank accounts of some consumers is exempted from income tax. People who received LPG subsidy in their Aadhaar linked bank account are confused
Much water has flowed under the bridges since the controversial Aadhaar project was launched and reams of paper would have been consumed writing about the pros and cons of this project for the last nearly five years. As per the statistics placed before the Parliament, the government has issued 57.62 crore Aadhaar numbers till 31 January 2014. This means nearly 48% of the country’s population has been issued with this identity number, which has several ramifications on people of this country as unearthed by a series of articles published in Moneylife so far.