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Digital public infrastructure should cause no harm and foster transparency: Interim UN report

While Digital Public Infrastructure offers immense potential for growth, it needs to be implemented with safeguards to ensure an inclusive digital society for all, says the new UN report. ....

India , United-nations , Digital-public-infrastructure , Inclusive-societies , Digital-public-infrastructure , Pi , India , Adhaar ,

With jobless growth, welfare has become a 'compensation', not a public right: Yamini Aiyer

Technology gives the illusion of bypassing inefficiency while building up Narendra Modi’s image as a benefactor, creating a politically useful beneficiary class ....

India , Kerala , Chennai , Tamil-nadu , Kolkata , West-bengal , Bangalore , Karnataka , New-delhi , Delhi , Adam-auerbach , Yamini-aiyar

Almost 50% population have PAN, gap between male & female closing: Income Tax dept data

The latest data showed that the gap between the number of male and female PAN holders still exists, but it is fast closing. As on March 31, 2024, 42.10 crore males have PAN cards vs 31.05 crore females. ....

India , Pankaj-chaudhary , Lok-sabha , Income-tax-department , Tax-department , Latest-income-tax , Permanent-account-number , Hindu-businessline , Account-number , Income-tax-rules , Central-board , Direct-taxes

Mutual fund KYC: The hurdles and how to overcome them

Since Aadhaar-based KYC is the best option that allows you to invest across fund houses, it’s best to upgrade your KYC to ‘Validated’, if your KYC is ‘Registered’. For NRIs, it is a bit more complicated since they’re not mandated to have an Aadhaar. But distributors and financial advisors are advising them to obtain an Aadhaar. ....

India , Mumbai , Maharashtra , Kiran-telang , Rushabh-desai , Identification-authority-of-india , Ministry-of-external-affairs , Founder-of-rupee-with-rushabh-investment-services , Indian-mutual-fund , Know-your-customer , Permanent-account-number , One-time-password

These two documents are crucial to invest in PPF, SSY, SCSS, NSC. Details here

Investors in the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizen Savings Scheme (SCSS) and National Saving Certificate (NSC) are required to submit two key documents, Aadhaar and PAN, to the accounts office. ....

India , Sukanya-samriddhi-yojana , National-saving-certificate , Identification-authority-of-india , Public-provident-fund , Income-tax-act , Senior-citizen-savings-scheme , Government-savings-promotion-general , Accounts-office , Aadhaar-number , Unique-identification-authority , Permanent-account-number