PAN ADHAAR LINK FINE(Extortion by GOI)
Another way of the bankrupt govt to extract money from the public.
According of govt 30.06.2023 is last date to link PAN and ADHHAR with fine of RS.1000.
This is just another way of the govt to snatch money from public. There are almost 44 crore PAN accounts out of which only 25 crore were linked with Adhaar before the notification regarding fines came in. ( *information not verified)
Means the tax department or the gov will get almost( 25Γ1000) crore rupees as fine figuratively.
This is just another way of this autocratic govt to snatch money out of the public.
BECAUSE IF THE TAX DEPARTMENT GENUINELY JUST WANTED TO LINK ADHAAR OF PEOPLE WITH PAN then there are several different ways excluding fines.
For Example,
1. The Govt could directly link the PAN and ADHAAR as they have both data with themselves.
Else
2. The banks could be given the responsiblity to link the PAN and ADHAAR as banks too have both the data .As citing
PAN and Adhaar has been forcefully made mandatory in most cases.
Else in rare cases
3. The govt could give the job to post office or tax department to link the data.
4. Govt could have made PAN inoperative and asked bank officials to verify amd link the PAN and ADHAAR of customers there is no need of any fine in this process .
But if GOVT followed any of the above steps then how could they extract 1000s of CRORES from public.
This is just a mere drama by the govt to collect money.
Any government whose sole way of income is just collecting TAXs is just a weak govt. As a strong govt always has many ways of income while the tax is just a secondary way of income but this is not the case in India.
The Indian govt is mostly dependant on taxes and most PSUs which could bring in a lot of revenue are mishandled by the GOVT and Mr.Modi is busy selling them to private firms and friends.
This is the new India we live in. Is this the India that our freedom fighters dreamed of?
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