Business Standard: As a measure to increase security and reduce fraud in India, all permanent account number (PAN) cards issued to tax payers, possibly after October this year, will be biometric cards that contain the physiological characteristics (such as fingerprints or eye colour) of the card-holder.
There are currently around 50 million PAN cards, which will remain valid even if the holder refuses to opt for the biometric version. Of these, the income tax department had found that nearly 1.3 million PAN cards are duplicate (more than one card per person) and it is currently weeding them out. Read more …
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