India’s Tax agency plays key role in promoting adoption of digital public infrastructure initiatives: IMF
India’s tax agency has played a major role in promoting the adoption of the Digital Public Infrastructure (DPI) initiative, including Unique Identification Numbers for individuals, the International Monetary Fund (IMF) has said in working papers. In India, the Permanent Account Number (PAN), which preceded the Aadhaar card, is a unique, ten-character, alphanumeric identifier issued to all juristic entities identifiable under the Indian Income Tax Act, 1961 and introduced in 1972. I went.
PAN was made mandatory for all tax purposes. Along with laminated identity cards, PAN has seen widespread use in other areas of public administration. This is reflected in the fact that far more PANs were issued than the number of active taxpayers under management at any point of time (estimates were more than 400 million active taxpayers were issued). The working paper ‘Stacking up the benefits lessons from India’s digital journey’ said Aadhaar, which is the successor to PAN, formalized the reality that there was a need for a national identity solution beyond the purview of tax administration.
8“In developing the base, it has benefited from it. Several lessons from PAN, particularly involving the use of biometrics to reduce tax and financial frauds,” read the paper. “Executed by the tax administration on a public-private partnership (PPP) basis during the period 2003-04 The number of PAN allottees has increased exponentially after outsourcing of non-core activities (including allotment of PAN).” was appointed as the managed service provider for processing of applications, collecting, handling and verifying personal documents such as ID, proof of age and address of the applicant, printing of laminated cards and matching. Core tax administration operations depend heavily on DPI initiatives, where Aadhaar is expected to revolutionize tax administration compliance activities by promoting continuity of registers across public agencies. The initiative is planned to be completed by March 2023. At that point, PANs not linked to Aadhaar will become inactive, representing a wholesale transition to platform dependence that will affect almost all operations, from registration to filing.
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