The Government collected ₹601.97 crore from the public as penalty for not linking PAN with their Aadhaar from July 1, 2023 to January 31,2024. The last date for linking PAN with Aadhaar was June 30, 2023. Representational Image. The Government has collected over ₹600 crore as penalty for delay in linking PAN with Aadhaar, and … Read more
The Employees’ Provident Fund Organisation (EPFO) has removed Aadhaar from the list of acceptable documents for proof of date of birth (DoB). In a circular (No: WSU/2024/1/UIDAI Matter/4090) issued on January 16, the employment body said that the decision has been taken following a directive from the Unique Identification Authority of India (UIDAI) as detailed … Read more
India’s journey toward financial inclusion has witnessed various innovations in policy over the last decade. The government’s JAM, which is the bedrock of the digitalisation drive to formalise the economy, has been the biggest game changer for the BFSI industry. JAM stands for ‘Jan Dhan Account – Aadhaar – Mobile’ and has revolutionised financial inclusion … Read more
Wayanad District Collector Renu Raj announcing the completion of Aadhaar enrolment of children below five years in the district at Poothadi on Tuesday. | Photo Credit: Special Arrangement Wayanad district has become the first district in the country to complete Aadhaar enrolment of children below five years. District Collector Renu Raj announced the meritorious achievement … Read more
Worldcoin, the cryptocurrency project set up by OpenAI CEO Sam Altman, aims to establish a global ID network akin to India’s Aadhaar biometric ID system, a senior employee told Reuters. More than 2.4 million people have signed up to have their irises scanned by Worldcoin’s “orb” devices in exchange for a digital ID and free … Read more
The government has termed Aadhaar “the most trusted digital ID in the world”. File | Photo Credit: The Hindu The story so far: On September 21, international credit rating agency Moody’s Investor Service released a report, ‘Decentralised Finance and Digital Assets’, which advocates for decentralised digital identity systems instead of centralised biometric systems like India’s … Read more
Congress leader Jairam Ramesh in New Delhi on Sunday. | Photo Credit: Sushil Kumar Verma One of the basic objectives of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was to minimise distress migration but excessive reliance on technology was reversing the trend, Congress general secretary and former Union Rural Development Minister Jairam Ramesh said. He … Read more
The Central Board of Indirect Taxes & Customs (CBIC) has tightened norms for businesses to get registered under the Goods and Services Tax regime following instances of registration using fake documents. The apex indirect taxes body has also directed officials to properly verify documents submitted and to reject applications where applicants fail to provide all … Read more
Consumer taking note of the common EB meter in Appartment in Srirangam after the common power tariff was moved to commercial tariff. File | Photo Credit: SRINATH M Only a few months ago, Tamil Nadu had increased the tariff for a host of electricity consumers. Now, domestic consumers along with consumers from a few other … Read more
The AIADMK’s deposed coordinator, O. Panneerselvam, on Saturday demanded that electricity consumers be given six months time for linking Aadhaar numbers with their power service connection numbers. Criticising the DMK regime for the “confusion” created among the consumers in the light of the stipulation on Aadhaar seeding, Mr. Panneerselvam, in a statement, recalled that the … Read more