You may soon be able to get a permanent account number in minutes and also pay income tax through your smart phone. As part of its drive to make life easy for taxpayers, the Central Board of Direct Taxes is working on issuing PAN on a real-time basis using Aadhaar’s e-KYC facility, which allows an … Continue reading Get Your PAN & Pay Taxes Through Your Smart Phone, Shortly
Category Archives: current affairs
Scan and Pay, through Bharat QR Launched
In order to promote digital economy in the country, Government of India has launched a new payment method using QR codes. After various new payment methods like UPI payment and BHIM App for smart phones, Government of India has now launched Bharat QR code. Bharat QR Code, the latest initiative to boost digital transactions, will … Continue reading Scan and Pay, through Bharat QR Launched
India’s digital move leaves America far behind
The progress that India has made in building a digital infrastructure evokes awe. The American technology industry fancies itself as the global leader in innovation, yet India has leapt far ahead. Silicon Valley’s technology investors hype complex technologies such as bitcoin and blockchain. But India, with simple and practical innovations and massive grunt work, has … Continue reading India’s digital move leaves America far behind
Issues with respect to Access, Adoption and Usages of Digital Payment
Many steps are taken by our govt. in order to promote cashless economy but still there are many problems with regarding to access, adoption and usages of digital payment. Here some problems are discussed regarding the issues in access, adoption and usages of digital payments: Collection of traffic challan, toll charges, property registration charges continue … Continue reading Issues with respect to Access, Adoption and Usages of Digital Payment
CYBER CRIME
New technologies create new criminal opportunities but few new types of crime. “As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 44,679, 49,455 and 50,362 cyber security incidents were observed during the year 2014, 2015 and 2016, respectively,”. (Source: Minister of State for Electronics and IT … Continue reading CYBER CRIME
How You Can Contribute To the Nation Wealth by Using Digital Payments
India is a cash heavy economy, with almost 78% of all consumer payments being effected in cash. India’s preference for cash as a payment instrument is further reflected by India’s significant cash to GDP ratio of (12.04%), which is substantially higher than comparable countries. As per report issued by Watal Committee, it is stated that … Continue reading How You Can Contribute To the Nation Wealth by Using Digital Payments