The Motor Vehicles Amendment Bill 2016 has raised fines significantly to make roads safer. The Bill passed by the Lok Sabha last week makes Aadhaar mandatory for driving licences and vehicle registration. It proposes alterations in vehicles, in order to make them suitable for specially abled people. It provides for a Motor Vehicle Accident Fund, which would provide compulsory insurance cover to all road users in India for certain types of accidents.
Post notes ban, there has been a hike in collection of personal income tax, the finance minister said, adding that the new portal will help honest tax payer. HIGHLIGHTS Finance Minister says number of assessees has gone up post notes ban Personal income tax collection has gone up post notes ban, he adds Mr Jaitley expects further increase in tax returns going ahead The number of persons under the tax net has increased by 91 lakh as unaccounted cash lost anonymity post note ban, Finance Minister Arun Jaitley said today.
Now, you can lock your Aadhaar biometric details to keep it safe and unlock it whenever you want to use it. With digital payments using Aadhaar data on the rise and cases of misuse being reported, officials of the Unique Identification Authority of India (UIDAI) have come out with the new security feature to lock the biometric details (fingerprint and retinal scan data).The UIDAI introduced the lock and unlock facility following an uproar that Aadhaar deprived people of their right to privacy.
As the government insists that one’s Aadhaar account and Permanent Account Number (PAN) should be linked by July 31 this year to pay income taxes, millions of Indians have faced issues with syncing the two accounts due to small differences in how their names are spelt. This problem can happen even if there are minor differences in how the name is recorded – like the use of one’s full name in PAN and initials in Aadhaar.
The government is gradually making Aadhaar card compulsory for financial transactions and several other procedures such as filing income tax returns and availing government schemes and benefits. The government recently made Aadhaar mandatory for opening bank accounts as well as for any financial transaction of Rs 50,000 and above. It has asked the existing bank account holders to link their Aadhaar number issued by the Unique Identification Authority of India (UIDAI) by December 31, 2017.
The lack of information security practices in key government websites which hosts Personally Identifiable Information (PII) has left citizens of the country more vulnerable to identity theft and financial fraud, a research paper has argued. A paper by Amber Sinha and Srinivas Kodali of Centre for Internet and Society analysed four government websites and found that more than 13 crore Aadhaar numbers with related PII were available on the websites, exposing lax security features.
SBI’s virtual queuing app can be downloaded free of cost from Google Play and Apple app stores. SBI or State Bank of India is offering a virtual queue ticket or “e-token” service through its newly-launched app No Queue, which enables customers to avail select banking services at its select branches without having to stand in queues. SBI customers “can book a virtual token…and skip the queue,” India’s largest bank SBI said on Twitter.
Indian Railways and IRCTC have announced two new circuits of their flagship luxury train Maharajas’ Express, this year. The Indian Railways’ super-luxury trains, which cater to various tourist circuits throughout India have long been in demand with travellers with deep pockets looking to explore the cities, towns, villages and regional areas, while travelling in style along the world’s fourth largest rail network. Expanding the network of its super-luxury trains, the Indian Railways and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) have announced two new circuits of their flagship luxury train Maharajas’ Express, this year.
According to SBI’s new rates, for two to less than three-year deposits, the bank will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier SBI or State Bank of India, the country’s largest bank, cut its term deposit rates in select maturities from April 29, 2017. The government’s move in November last year to withdraw Rs 500 and Rs 1,000 bank notes from the financial system led to a “huge inflow of current account and savings bank deposits”, State Bank of India (SBI) chief financial officer Anshula Kant told NDTV Profit, while explaining the rationale behind her bank’s decision to lower its deposit rates.
Worried in getting Aadhaar cards for your children? Need not anymore. Head to the common service centre recognised by Department of Electronics and Information Technology, Government of India at 16th Avenue, Ashok Nagar, Chennai, where it is done exclusively for children below five years from Mondays to Saturdays this month. Speaking to ‘News Today’, H Moorthy of MGM e-Governance Services said, ”We are doing Aadhaar card enrollment for newborns to children below five years.