Press Information Bureau 
Government of India
Ministry of Finance

16 JUL 2019

Seeding of Bank Account and Linking with Aadhaar

Ministry of Electronics and Information Technology (MeitY) has apprised that “The Aadhaar and Other Laws (Amendment) Bill, 2019” has been passed by the Parliament.  The bill, inter-alia, has the  provision for allowing the use of Aadhaar authentication on voluntary basis as acceptable Know Your Customer (KYC) document, by inserting Section 11A under the Prevention of Money Laundering Act, 2002.           

            Further, as per Reserve Bank of India (RBI’s) Master Direction on KYC dated 25.2.2016 (as amended in May 2019), banks are to obtain the Aadhaar number from an individual who is desirous of receiving any benefit or subsidy under any scheme notified under section 7 of the Aadhaar (Targeted Delivery of Financial and Other subsidies, Benefits and Services) Act, 2016 (18 of 2016).

            As far as the requirement of Aadhaar number for receipt of certain subsidies, benefits and services etc. are concerned, Section 7 of The Aadhaar (Targeted Delivery of Financial and Other subsidies, Benefits and Services) Act, 2016 (18 of 2016), inter-alia, provides that:

                        “The Central Government or, as the case may be, the State Government may, for the purpose of establishing identity of an individual as a condition for receipt of a subsidy, benefit or service for which the expenditure is incurred from, or the receipt therefrom forms part of, the Consolidated Fund of India, require that such individual undergo authentication, or furnish proof of possession of Aadhaar number or in the case of an individual to whom no Aadhaar number has been assigned, such individual makes an application for enrolment:

            Provided that if an Aadhaar number is not assigned to an individual, the individual shall be offered alternate and viable means of identification for delivery of the subsidy, benefit or service.”

            The linking of the bank accounts with Aadhaar for receiving subsidy/direct benefit transfers from the Government, including the State Governments is done as per the extant provisions of the Aadhaar (Targeted Delivery of Financial and Other subsidies, Benefits and Services) Act, 2016 (18 of 2016).

This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs in a written reply to a question in Lok Sabha today.

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DSM/RM/PD

 

 

Press Information Bureau

Government of India

Ministry of Finance

16-July-2019

CBDT issues clarification on incorrect reports in social media pertaining to difficulty in filing of Income Tax Returns

Central Board of Direct Taxes (CBDT) has said today that no changes have been made in any of the Income-tax Return (ITR) forms including ITR-2 and ITR-3 since the notification made on 1st April 2019, i.e. on the 1st day of the Assessment Year 2019-20. There were reports in social media that the taxpayers were facing difficulties in filing return of income in ITR-2 & ITR-3 due to large scale changes in the ITR form on 11th July, 2019.

It is stated that the software utility for e-filing of all the ITR forms has been released long back. The utility for e-filing ITR-2 and ITR-3 was released on 2nd May and on 10th  May 2019 respectively. However, the software utility update is a dynamic process and is continuously taken up as per the feedback received from the users/filers to ease their experience in electronic filing of returns.

It is  further clarified that the updating of utility does not hamper filing of return as the taxpayers are allowed to file using the utility which is available at that point of time. For example, more than 85 lakh taxpayers have filed returns in ITR-1 till date by using the said utility, which has also undergone update later. Therefore, the impression that the taxpayers are not able to file return due to changes in ITR form is also not correct as more than 1.38 crore taxpayers have already filed their returns by using the utility released till date. Even though the utility is being updated regularly to provide ease to taxpayers, the returns filed by using the previous version of utility will continue to be valid.

It is pertinent to state that the updation in utility of ITR forms is based on feedback and mainly aimed at easing the compliance burden of the taxpayers by facilitating easier e-filing. For instance, this year, the facility of pre-filling of return forms has been provided based on the information furnished in the TDS statements. This facility has been updated in the utility subsequently. This would substantially reduce the efforts of taxpayers in filling of return forms.

It is reiterated that there are no changes in the notified ITR forms; only the utility has been updated to facilitate the taxpayers. Therefore, the assertion that numerous changes have been made in ITR-2 and ITR-3 on July 11, 2019, does not give a correct picture.

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DSM/RM/KMN

 

Press Information Bureau 
Government of India
Ministry of Micro,Small & Medium Enterprises

11 JUL 2019

Startup India Programme for MSME Sector

Government has launched the Startup India Initiative with the objective of building strong eco-system for nurturing innovation and startups in the country. The incentives available to Startups under Startup India initiative are given below:

1. Self-Certification under 6 Labour Laws & 3 Environmental Laws.
2. Relaxation in Public Procurement Norms.
3. Faster exit under the Bankruptcy Code.
4. Rebates on Patent & Trademark filing fees, support from facilitators and to expedite examination of Patent application.
5. Income Tax exemption.
6. Exemption from Income Tax on investments received above fair market value.
7. Funding support under the Fund of Funds for Startups.
8. Guidance and facilitation support from Startup India Hub.

Government has notified Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 under MSMED Act, 2006. The policy mandates 25% annual procurement from MSEs by Central Ministries / Departments / Public Sector Enterprises (CPSEs). Out of 25% target of annual procurement from MSEs, 4% is earmarked for procurement from MSEs owned by SC/ST entrepreneurs and 3% from MSEs owned by Women Entrepreneurs. In order to monitor effective implementation of this Policy, Ministry of MSME has launched a Portal, namely, MSME “SAMBANDH”

This information was given by Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises in written reply to a question in Lok Sabha today.

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NP/SKP/IA

 

Ministry of Commerce & Industry

SEZs in Karnataka

Dated: 10 JUL 2019

Total 62 proposals for setting up of Special Economic Zones (SEZs)in Karnataka have been accorded formal approval under the SEZ Act, 2005.  Presently, 51 SEZs are notified, out of which 31 SEZs are operational. 

No such proposal has been received to declare areas surrounding in Chikkodi in Karnataka as a Special Economic Zone.  Setting up of SEZs is primarily private investment driven initiative.

The details of SEZs in Karnataka are given below:

List of SEZs in Karnataka
Sl. No.	Name of the developer	Location	Type of SEZ	SEZ status
	DivyasreeTechnopark	Kundalahalli Village, KrishnarajapuramHobli, Bangalore East Taluk, District Bangalore, Karnataka	IT/ITES enabled services	Notified/ Operational
	Manyata Embassy Business Park	Rachenhalli&Nagavara Village, Bangalore District, Karnataka	IT/ITES	Notified/ Operational
	WIPRO Limited	Doddakannelli Village, VarthurHobli, Sarjapur Road, Bangalore, Karnataka	IT	Notified/ Operational
	WIPRO Limited	Doddathogur Village, BegurHobli, Electronic City, Bangalore, Karnataka	IT	Notified/ Operational
	Vikas Telecom Private Limited	Outer Ring Road, Devarabeesanhalli Village, VarthurHoblic, Bangalore East Taluk, Karnataka	IT/ITES	Notified/ Operational
	RMZ Ecoworld Infrastructure Pvt. Ltd.	Devarabeesanahalli, Bhoganahalli and Doddakanahalli, Bangalore, Karnataka	IT/ITES	Notified/ Operational
	Cessna Business Park Pvt. Ltd.	KadubeesanahalliVill, VarthurHobli, District Bangalore, Karnataka	IT/ITES	Notified/ Operational
	Tanglin Development Ltd.	Global Village Pattengere/ Mylasandra Villages, Off Mysore Road, RVCE Post, Bangalore, Karnataka	IT/ITES	Notified/ Operational
	Infosys Technologies Limited	Hebbal Industrial area, District Mysore, Karnataka	IT/ITES	Notified/ Operational
	Information Technology Park Limited	Sadaramangala and PattandurAgrahara Village, Whitefield Road, District Bangalore, Karnataka	IT/ITES	Notified/ Operational
	Karnataka Industrial Area Development Board (KIADB)	Village Perumenahally, Kokkanagatta, SumudraVally, Hamumanthapura, Taluk Hassan, Karnataka	Textile	Notified/ Operational
	Infosys Technologies Limited	Hebbal Industrial area, District Mysore, Karnataka	IT/ITES	Notified/ Operational
	HCL Technologies Ltd.	Jigani Industrial Area, Attibele Taluka, Bangalore, Karnataka	IT/ ITES	Notified/ Operational
	Pritech Park	Bellandur Village, VarthurHobli, Bangalore East Taluk,  Bangalore Urban District, Karnataka	IT/ITES	Notified/ Operational
	Karnataka Industrial Area Development Board (KIADB)	District Hassan, Karnataka	Pharmaceuticals	Notified/ Operational
	Aspen Infra Padubidri Private Limited (AIPPL)	Nadasalu, Nandikooru, Polimaru and Hejamadi Villages in Udupi Taluk, Karnataka	Engineering	Notified/ Operational
	Karle Infra Pvt. Ltd.	Nagavara Village, North Bangalore Taluka, Karnataka	IT/ITES	Notified/ Operational
	Mangalore SEZ Limited	Baikampady Near Mangalore, Dakshina Kannada District, Karnataka	Multi Product	Notified/ Operational
	Bagmane Construction Pvt. Ltd	Mahadevapura, K R Puram, Bangalore North, Karnataka	IT/ITES	Notified/ Operational
	Quest SEZ Development Private Limited	Hattargi and Mastiholi villages, Hukkeri Taluk, Belgaum District, Karnataka	Precision Engineering Product	Notified/ Operational
	Gopalan Enterprises (India) Private Limited.	Village Mahadevpura and Kaggadaspura, K.R. Puram, Whitefield, Bangalore, Karnataka.	IT/ITES	Notified/ Operational
	Milestone Buildcon Private Limited	Village Chokkanahalli, Taluka YelahankaHobli Bangalore North, Karnataka	IT/ITES	Notified/ Operational
	Karnataka State Electronics Development Corporation Limited (KEONICS)	Village Machenahalli and Nidige, District Shimoga, Karnataka	Electronics Hardware and Software/ ITES	Notified/ Operational
	Larsen & Toubro Limited	KIADB Industrial Area, Taluka Hebbel-Hootagally, District Mysore, Karnataka	IT/ITES	Notified/ Operational
	Wipro Limited	Kodathi village, VarthurHobli, Sarjapur Road, Bangalore, Karnataka	IT/ITES	Notified/ Operational
	Karnataka Industrial Areas Development Board (KIADB)	Village Bhatramaranahalli. Kavadadasanahalli, Dummanahalli, Talukas Bangalore North and Devanahali, District Bangalore, Karnataka	Aerospace and Industry	Notified/ Operational
	Infosys Limited	Gokul Village, within the limits of Hobli, Hubli Taluk, District Dharward, Near Airport Hubli, Karnataka	IT/ITES	Notified/ Operational
	Amin Properties LLP	Pujanahalli Village, Devanahalli Taluk, Bangalore, Karnataka	IT/ITES	Notified/ Operational
	Bagmane Developers Pvt. Ltd.	Outer Ring Road, Doddanekundi Circle, Marathalli Post, Bengaluru, Karnataka	IT/ITES	Notified/ Operational
	RGA Infrastructure	Sy. No. 31/1, Chikkankannelli Village, VarthurHobli, Bangalore East Taluk, Bangalore, Karnataka	IT/ITES	Notified/ Operational
	Biocon Limited.	Anekal Taluk, Bangalore, Karnataka	Bio-technology	Notified/ Operational
	Karnataka Industrial Areas Development Board (KIADB)	Villages Pajeer and Kairangala, District Mangalore Dakshina Kannada, Karnataka.	IT/ITES	Notified
	Ittina Properties Pvt. Ltd.	Bagur village, AnugondanahalliHobli, Hoskote Taluk, Bangalore Rural District, Karnataka	Electronic Hardware and Software including IT/ITES	Notified
	Gopalan Enterprises (India) Private Limited.	Hoodi Village, K.R. Puram, Whitefield, Bangalore, Karnataka.	IT/IT enabled services	Notified
	Opto Infrastructure Limited	Village kallahalli, Taluka Nanjungud, District Mysore, Karnataka	Electronic Hardware and Software including IT/ITES	Notified
	Brigade Enterprises Pvt. Ltd.	Ganjimutt, EPIP Industrial Area, Taluka Mangalore, Dakshin Kannada District, Karnataka	IT/ITES	Notified
	Opto Infrastructure Limited	Village DoddaBasavanahalli and Chikkabasavanahalli, Talukas ShanthigramaHobli and Hassan, District Hassan, Karnataka	Electronic Hardware and Software including IT/ITES	Notified
	Renaissance Designbuild Private Limited	Plot No. 47 of Koorgally Industrial Area, Village Koorgally, HobliIlawala, Taluka Mysore, Distt. Mysore, Karnataka	IT/ITES	Notified
	Gulf Oil Corporation Limited	Village  Kattigenahalli and Venkatala, HobliYelahanka, District Bangalore, Karnataka	IT/ITES	Notified
	Brooke Bond Real Estates Private Limited	Bangalore, Karnataka	IT/ITES/BPO/EH	Notified
	Gopalan E-Park	Village Koorgalli, Itwala, Hobli, Mysore Taluk, Mysore District, Karnataka	Electronic Hardware and Software including ITES	Notified
	Infosys Technologies Limited	Villages Borgunte, surjapur and billapur, Taluka Anekal, District Bangalore, Karnataka	IT/ITES	Notified
	Karnataka Industrial Areas Development Board (KIADB)	Gamanagatti, Hubli Taluk, Dharwad District, Karnataka	IT/ITES	Notified
	Saltire Developers Private Limited	Outer Ring Road, Rachanahalli Village, Nagavara, Bangalore, Karnataka	IT/ITES	Notified
	Infosys Limited	Electronic City, Doddathogur Village, BegurHobli, Bangalore, Karnataka	IT/ITES	Notified
	Information Technology Park Limited	Sadarmangala Village, Sadaramangala Industrial Area,Whitefield, Bengaluru, Karnataka	IT/ITES	Notified
	Embassy Property Developments Private Limited	Outer Ring Road, Rachenahalli Village, Bangalore, Karnataka	IT/ITES	Notified
	Modern Asset	Survey No. 2/1 & 2/2, Venkatala Village, YelahankaHobli, , Bangalore, Karnataka	IT/ITES	Notified
	Modern Asset (Phase – II)	Survey No. 2/2, Venkatala Village, YelahankaHobli, , Bangalore, Karnataka	IT/ITES	Notified
	L&T Construction Equipment Limited (Reality Division) SEZ-I	Byatarayanapura Village, YelahankaHobli, Bangalaru North, Bangalaru, Karnataka	IT/ITES	Notified
	L&T Construction Equipment Limited (Reality Division) SEZ-II	Byatarayanapura Village, YelahankaHobli, Bangalaru North, Bangalaru, Karnataka	IT/ITES	Notified
	Golden Gate Developers Pvt. Ltd	JalaHobli, Bangalore, Karnataka	IT/ ITES	Formal Approval
	Concord Investments (Bangalore)	Bangalore, Karnataka	IT/ITES	Formal Approval
	Bagmane Developers Pvt. Ltd.	Raman Nagar, KR Puram, Bangalore North, Karnataka	IT/ITES	Formal Approval
	High Street Developers Private Limited	Srirangapatna Taluk, Mandya District, Karnataka	IT/ITES	Formal Approval
	Gopalan Enterprises India Pvt. Ltd.	Kundalahalli and Nallurahalli villages K.R. Puram Hobli, Bangalore, Karnataka	Biotech	Formal Approval
	Poornimadevi Tech Park Private Limited	Sulikere village, KengariHobli, Bangalore South Taluk, Bangalore, Karnataka	IT/ITES	Formal Approval
	Wipro Limited	Belagola Industrial Area, Mogarhalli village, BelagolaHobli, Srirangapatna Taluk, Mandya District, Mysore, Karnataka	IT/ITES	Formal Approval
	ISPRL FTWZ Padur (Indian Strategic Petroleum Reserves Ltd.)	Padur, Karnataka	FTWZ	Formal Approval
	Manipal ETA Infotech Limited	Agara and Jakkasandra village, BegurHobli, Bengaluru, Karnataka	Electronic Hardware and Software including IT/ITES	Formal Approval
	Jubilant Infrastructure Limited	Kallahalli village, Nanjangud Taluk, Mysore District, Karnataka	Biotech (Pharma)	Formal Approval
	Oracle India Private Limited	Kadubeesanahalli Village, VarthurHobli, Outer Ring Road, Bangalore East Taluk, Bangalore, Karnataka	IT/ITES	Formal Approval

This information was given by the Minister of Commerce and Industry, PiyushGoyal, in a written reply in the Lok Sabha today.

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(Release ID: 1578141)

 

MINISTRY OF LAW AND JUSTICE

(Legislative Department)

New Delhi, the 8th July, 2019/Ashadha 17, 1941 (Saka)

The following Act of Parliament received the assent of the President on the 6th July, 2019, and is hereby published for general information:—

THE SPECIAL ECONOMIC ZONES (AMENDMENT) ACT, 2019

NO. 8 OF 2019

[6th July, 2019.]

An Act to amend the Special Economic Zones Act, 2005.

BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:—

1. (1) This Act may be called the Special Economic Zones (Amendment) Act, 2019.

     (2) It shall be deemed to have come into force on the 2nd day of March, 2019.

Amendment of section 2.

2. In section 2 of the Special Economic Zones Act, 2005, in clause (v),—

(i) after the words "local authority", the words ", trust or any entity as may be notified by the Central Government" shall be inserted;

(ii) for the words "authority or company", the words "authority, company, trust or entity" shall be substituted.

Repeal and savings.

3. (1) The Special Economic Zones (Amendment) Ordinance, 2019 is hereby repealed.

(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act.

————

DR . G. NARAYANA RAJU,

Secretary to the Govt. of India.