Close Menu
    What's Hot

    Zscaler, Together With Bharti Airtel, Announce Launch of AI & Cyber Threat Research Center to Advance Cyber Resilience and Trusted AI Adoption

    February 21, 2026

    Airtel launches new AI-powered protection from ‘frauds caused by OTP leakages’

    February 11, 2026

    Häfele India Opens Its Largest-Ever Flagship Design Centre in Gurugram

    February 6, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Finance KhabarFinance Khabar
    • Home
    • Fixed Deposit
    • Personal Loan
    • Home Loan
    • Mutual Fund
    • Insurance
    • Credit Card
    • Equities
    • M&A
    • Start Ups
    • Banks
    • Others
      • P R
    Finance KhabarFinance Khabar
    Home»Featured»Linking Aadhaar to property will lead to major reduction in black money: Survey
    Featured

    Linking Aadhaar to property will lead to major reduction in black money: Survey

    Finance KhabarBy Finance KhabarNovember 6, 2020No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    New Delhi: A majority of respondents in a survey want the government to make “mandatory linking of all property ownerships with Aadhaar” and “mandatory disclosure of all assets of all ministers and government employees and their direct families” as a way forward to curb black money.

    The recommendation from people about disclosures applies not just to Central Government and Public Sector Undertakings but also to all State Government Ministers and Employees and their direct families.

    One of the key issues identified by people continues to be the usage of shell companies by public officials to accept bribes.

    Citizens have listed how family members of corrupt public officials are listed as directors in these shell companies and graft is received as share capital at a high premium. The money received is then utilised by the promoters of the company to pay salaries to themselves or fake employees on the payrolls.

    Citizens on the LocalCircles platform pointed to various areas where illegal economic activities are rampant. On a question in the survey asked, “What should be the one move that the Government should implement immediately to further reduce black money in India?”, 15,492 voters responded. Of which, 33 per cent said “make linking of all property ownerships with Aadhaar mandatory”, 38 per cent said “mandatory disclosure of all assets of all ministries and government employees and their direct families”, 10 per cent said “demonetise INR 2,000 rupee note immediately”, 7 per cent said “levy 2 per cent transaction tax on all cash transactions above Rs 10,000”, and 5 per cent each voted for “detailed scrutiny of all individual with a Swiss Bank account” and “other things”, while 2 per cent said “can’t say”.

    When compared with last year’s survey, this year’s results show that buying “groceries” and giving out “salaries to domestic staff” continue to be the top categories where citizens transacted in cash and didn’t produce a receipt in the last 12 months.

    adhaar
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticlePradhan calls for launching campaign for making users aware about benefits of LNG as fuel
    Next Article FM Sitharaman encourages to use cash only when needed
    Finance Khabar

    Related Posts

    TotalEnergies Plans to Exit India’s Renewable Sector, Looks to Cut Spending

    September 30, 2025

    Amit Shah to Attend FE Best Banks Awards in Mumbai

    September 25, 2025

    SEBI and RBI Plan Easier Rules for Foreign Investors

    September 23, 2025
    Add A Comment

    Comments are closed.

    Top Posts

    Zscaler, Together With Bharti Airtel, Announce Launch of AI & Cyber Threat Research Center to Advance Cyber Resilience and Trusted AI Adoption

    February 21, 2026

    Airtel launches new AI-powered protection from ‘frauds caused by OTP leakages’

    February 11, 2026

    Häfele India Opens Its Largest-Ever Flagship Design Centre in Gurugram

    February 6, 2026

    Subscribe to Updates

    Stay in the know with Finance Khabar! Never miss a beat when it comes to the latest in finance, investing, and personal finance tips.

    Thank you for choosing Finance Khabar as your go-to resource for all things finance. We're here to help you achieve financial success!

    Facebook X (Twitter) Instagram
    Quick Links
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Term And Conditions
    Copyright © 2026 FINANCE KHABAR. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.