Act Number: 18

Act Name: The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016.

Year: 2016

Enactment Date: 2016-03-25

Long Title: An Act to provide for, as a good governance, efficient, transparent, and targeted delivery of subsidies, benefits and services, the expenditure for which is incurred from the Consolidated Fund of India, to individuals residing in India through assigning of unique identity numbers to such individuals and for matters connected therewith or incidental thereto.

Ministry: Ministry of Electronics and Information Technology

Department:

Section 50A: Exemption from tax on income.
    1[50A. Exemption from tax on income. -- Notwithstanding anything contained in the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on income, profits or gains, the Authority shall not be liable to pay income-tax or any other tax in respect of its income, profits or gains.]
Notes:
1. Ins. by Act 14 of 2019, s. 21 (w.e.f. 25-7-2019).

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