Aadhaar in property deals to curb black money

Finance minister Arun Jaitley says the Centre is considering linking real estate transactions with Aadhaar. If implemented, the move could provide a trail of all such transactions by an individual.

In a move aimed at curbing the use of black money in property deals, the government is considering linking real estate transactions with Aadhaar, the unique identity number. If implemented, the move could provide a trail of all real estate transactions by an individual.

HT Image

In an interview, finance minister Arun Jaitley said the government is considering making the use of Aadhaar mandatory for such transactions.

Read more here