Government extends deadline indefinitely for linking of Aadhaar to bank accounts
The Centre on Wednesday extended the deadline of linking Aadhaar with bank accounts indefinitely. The deadline for mandatory quoting of Aadhaar and permanent account number for financial transactions and opening a new bank account was earlier placed at December 31 but the government has now amended the Prevention of Money Laundering rules to extend the deadline to an indefinite time. The move is sure to provide huge relief to all the customers who were engaged in rush to fulfill the requirements.
Earlier the government had told the Supreme Court about extending the deadline from December 31 to March and the step has now been executed. The government has replaced the rule “submit the Aadhaar number and Permanent Account Number by 31st December, 2017” with “submit the Aadhaar number, and Permanent Account Number or Form No. 60, by such date as may be notified by the Central Government”. “In the provision to clause (a), for the words, figures and letters “submit the Aadhaar number and Permanent Account Number (PAN) by 31st December, 2017, the following words, letters and figures shall be substituted namely: “submit the Aadhaar number and Permanent Account Number or form No 60 by such date as may be notified by the Central Government,” said the amendment clause in the notification released by the government.