Aadhaar can be used for cash transactions beyond ₹50,000 in place of PAN: Revenue Secy2 min read 07 Jul 2019, 06:31 PM IST
Of the over 41 crore PANs issued, 22 crore have been linked to Aadhaar
In order to curb black money, quoting of PAN is mandatory for cash transactions, such as hotel or foreign travel bills, exceeding ₹50,000
NEW DELHI : India's national biometric ID Aadhaar can now be quoted for cash transactions of more than ₹50,000 and all other purposes where traditionally income tax PAN number was a must, according to a top official.
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