Responding to the debate on the 2017 finance bill, Finance Minister Arun Jaitley refused the Opposition party's demand to re-consider the issue of making Aadhaar Card
mandatory for IT returns.
"Making Aadhaar mandatory to implicit income tax returns was necessary to put an end to evasion and falsehood," said Finance Minister Arun Jaitley while pointing towards replacing other forms of identity in future, such as PAN and Voter cards.
Justifying the move to make Aadhaar compulsory for IT returns, Jaitley said almost 98% of the adult population or about 108 crore have an Aadhaar card.
Jaitley also said the government is confident of achieving the tax collection target of a "record" Rs 17 lakh crore as provided in the revised estimates.
Minutes before the finance bill was passed in the Lok Sabha, Congress, Biju Janata Dal (BJD), Left parties and TMC walked out on different issues.