On Sat, Nov 26, 2011 at 11:30 AM, Binand Sethumadhavan <[email protected]> wrote: > Let us examine this. What are the limitations of the PAN card, and how > does the UID eliminate them? > > The PAN card (or more accurately, the PAN itself) is used to contain > tax evasion. You have to quote your PAN everywhere you spend money. > There are large data crunching computers that cross-link this data, > and attempt to see if an individual is spending (cheques/credit > cards/ATM withdrawals etc.) more than what he is earning (salary, > interest, capital gains, rent...) and flag such cases for > investigation. Can the UID improve on this?
Yes, improvement is the assurance that one person would not be not be issued multiple cards. http://www.moneycontrol.com/news/business/pan-scam-i_292341.html -- http://mm.ilug-bom.org.in/mailman/listinfo/linuxers
