Government Plans to Make Aadhaar Mandatory While Dealing with Property

This is a major step taken by Government of India to check benami in India. Now every property deals should be made using Aadhaar.

To track Benami transactions and usage of black money in real estate deals, Government has planned something big that is to make Aadhaar Authentication Mandatory at the time of registration of documents like power of attorney, agreement for sale, and will. Government will also enable digital registration of properties, with which Aadhaar Authentication will be used.

Government will also make minor changes in Section 32 and 32A of Registration Act 1908, Person presenting document at the property of registration office for registration, shall, whether executing or claiming under the same, undergo Aadhaar Authentication.

The department of land resources under the Ministry of Rural Development has already notified to State Government and Union Territories guiding them to notify rules administered “consent-based Aadhaar authentication” at the time of registration of documents.

People found guilty of benami transactions will face severe imprisonment for at least one year which can be extended upto 7 years. The person shall be liable to pay fine which may extend to 25% of market value of property.

Comments

How to Link Aadhaar with Jammu and Kashmir Bank

If you want your Bank Account to stay active and accessible, linking Aadhaar Number is mandatory as per Government of India Notification. Linking Aadhaar not only will keep your Jammu and Kashmir Bank Account Active but you will also be able to easily apply for various Government Schemes. Jammu and Kashmir Bank Account has enabled various channels through which its customers can link their Aadhaar Number with their respective Jammu and Kashmir Bank Account. And here in this article we have mentioned all those methods through which you can get your Aadhaar Card linked to your Jammu and Kashmir Bank Account. How to Link Aadhaar with Jammu and Kashmir Bank through Jammu and Kashmir Branch To link your Aadhaar Number with your Jammu and Kashmir Bank Account visit nearest Jammu and Kashmir Bank Home Branch with your Aadhaar Card Copy and Bank Passbook. Take Aadhaar linking Form from the branch, fill up the form by entering your correct details. Enclose your copy of Aadhaar Card to the form,

How to Link Aadhaar with Tamilnad Mercantile Bank

Previously Aadhaar was mandatory to be linked to Bank Account if you wanted to avail various Government Schemes. But now Government of India has made Aadhaar linking to bank account mandatory to keep TMB bank account active. Those who fail o link Aadhaar with Bank would get their account blocked. So How to Link Aadhaar with Tamilnad Mercantile Bank with various methods, we have discussed it over here. How to Link Aadhaar with Tamilnad Mercantile Bank through Tamilnad Mercantile Bank Branch To link your Aadhaar Number with your Tamilnad Mercantile Bank Account visit nearest Tamilnad Mercantile Bank Home Branch with your Aadhaar Card Copy and Bank Passbook. Take Aadhaar linking Form from the branch, fill up the form by entering your correct details. Enclose your copy of Aadhaar Card to the form, and submit it to the branch. You will be provided an acknowledgement confirming your request to link Aadhaar Card with Tamilnad Mercantile Bank Account. Once bank process your application you wil

How to Link Aadhaar with Karnataka Bank Account

Government of India is issuing Aadhar /Unique Identification (UID) number to all Indian residents through Unique Identification Authority of India (UIDAI). All Government benefits will now be routed through the bank account that is linked to Aadhar / UID number. Link your Aadhar number to your Karnataka Bank Account to avail Government subsidies /Payments directly to your bank account, also to avoid blocking of your Karnataka Bank. There are several methods through which you could link your Aadhaar Number with your Karnataka Bank Account, and here we have mentioned all those methods. How to Link Aadhaar with Karnataka Bank Account through Karnataka Bank Branch To link your Aadhaar Number with your Karnataka Bank Account visit nearest Karnataka Bank Home Branch with your Aadhaar Card Copy and Bank Passbook. Take Aadhaar linking Form from the branch, fill up the form by entering your correct details. Enclose your copy of Aadhaar Card to the form, and submit it to the branch. You will be

eaadhaarcardupdate

Search This Blog