Wednesday, September 18, 2019

How to verify Income Tax Return (ITR) via Aadhaar-based OTP?


The financial year in India begins on the 1st of April and ends on the 31st of March every year. The deadline for filing for tax returns in India is usually on the 31st of July. However, the government could choose to extend the date by a month or more. Once you’ve uploaded your Income Tax Returns on the e-filing website you are required to verify it. Only then can your tax returns be considered valid. You are given a maximum of 120 days to verify the IT returns.

Thursday, September 12, 2019

Aadhaar Amendment Centre demands to reopen of grants.


Almost every Indian has an Aadhaar card today. However, not all Aadhaar cards have current and correct information. For the system to be efficient, it is important for Indian citizens to be able to update their Aadhaar card details and make corrections if needed. Recognizing this need, the district administration appealed to the Department of Rural Development and Panchayat Raj to reopen Aadhaar correctional centers in village panchayats. However, there has been no response as of yet.

Wednesday, September 4, 2019

How to link Aadhaar card with IRCTC account?


Linking Aadhaar Card With Your IRCTC Account: A Step by Step Guide 

A person is allowed to book up to 6 train tickets at the ticket booking counters of the Indian Railways, or the railway reservation offices or on the IRCTC website every month. If you are a registered user of IRCTC (Indian Railways Catering and Tourism Corporation) you can book your train tickets online without having to leave your home or your office.

Tuesday, August 27, 2019

GRP to ask the government to help identify mishap victims using Aadhaar.


The fatalities and injuries related to accidents are on the rise in our modern-day world. The deaths due to road accidents and railway accidents are quite high in India. Even though the fatalities caused by road traffic accidents overtakes railway fatalities, the number of railway fatalities do remain quite high. This is because India occupies the top position when it comes to the largest network of railway offering the basic mode of transportation for freight and passengers. 

Wednesday, August 21, 2019

How to put a request on UIDAI website for Aadhaar card re-print?


A Step By Step Process Of Requesting An Aadhaar Card Re-Print Online 

Misplaced your Aadhaar e-KYC card? No longer do you have to worry about it. The UIDAI has started an online service of Aadhaar e-KYC card re-print since the 1st of December 2018. This new service launched by the UIDAI (Unique Identification Authority of India) allows people to apply for a reprint of Aadhaar card after paying a nominal fee. This service will be beneficial for those people who have lost or misplaced their Aadhaar card.

Tuesday, August 13, 2019

Soon, update Aadhaar, PAN at airports and railway stations.


Aadhaar e-KYC Card and PAN Card updation help in making changes and corrections to the details provided in an individual's Aadhaar Card and PAN Card. A change or correction in the card holder's name, age, date of birth, name of parent/spouse, and address can be done through updation. With no sufficient amount of Common Services Centres (CSC), the process of updation of these cards could be quite time-consuming. Considering this difficulty, the Government of India has decided to open several CSC's at Post Offices, Railway Stations and Airports all across the country to update PAN cards and Aadhaar Cards. Updation of e-KYCs will be made much easier once these CSC's are set up. 

Wednesday, August 7, 2019

How to get duplicate Aadhaar card online?


Lost Your Aadhaar Card? How To Apply For A Duplicate Aadhaar Card Online?

Run by the UIDAI (Unique Identity Authority of India) the Aadhaar card was introduced in the year 2009 by the Government of India for its citizens. The Aadhaar e-KYC card is issued after a biometrical scan of the individual (fingerprints scan and retina scan) and each card has a unique 12 digit number. The card also includes the name, date of birth and the address of the individual and a QR code that can be scanned digitally. Aadhaar authentication helps in proving your identity/ ownership of Aadhaar using verification of fingerprint, verification of iris or by verification using an OTP.

Tuesday, July 30, 2019

RBI May Soon Release Video KYC Norms For Financial Services Firms.


Did you ever have to re-schedule your day for an in-person verification of your identity by a financial services firm? Have you ever feared the misuse of your Aadhaar card details required by a representative of a mobile wallet company? Did you ever have to wait for too long for Aadhaar authentication-based onboarding as a customer for a fin-tech service because you couldn’t take out the time to be available at your address for KYC formalities? 

Tuesday, July 23, 2019

UIDAI sets up first Aadhaar centers in Delhi and Vijayawada.


The Unique Identification Authority of India (UIDAI) established under the Ministry of Electronics and Information Technology, the Government of India was created with the objective to issue ‘Unique Identification Numbers’ called ‘Aadhaar’ to the residents of India. Such an identification number is meant to be easily verifiable and robust enough to rule out the possibilities of fake or duplicate identities.

Monday, July 15, 2019

How to generate an offline Aadhaar card?


Biometrics and demographic data-based 12-digit unique identity number, the Aadhaar is said to be the world’s largest biometric ID system. Considered a proof of residence in India, but not of Indian citizenship, the Aadhar card consists of an individual’s personal details such as the name, address, date of birth, registered mobile number and e-mail address along with the biometrics. 

Thursday, July 11, 2019

The Aadhaar Bill – Everything You Must Know.


In early July 2019, the Rajya Sabha passed an amendment on the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) bill that made its use voluntary for the opening of new bank accounts and mobile phone connections. With this amendment, the bill complies with the Supreme Court order and the ordinances put in place over the use of the Aadhaar card have been replaced. Let us find out more about the new Aadhaar Bill.
What Is The Aadhaar Bill?
The Aadhaar bill was first introduced to the Indian Parliament in 2016. It is a money bill that aims at providing legal backing and legislative support for the Aadhaar unique identification number project. Most of the bill’s provisions were borrowed from the National Identification Authority of India Bill, 2010. 
Legal Issues That Made the SC Step In
The main legal issues which made the Supreme Court step in were:
1. Privacy
People opposing the bill argued that the extent of data about an individual collected by the Aadhaar bill interfered with the fundamental right to privacy as mentioned by Article 21 in the Constitution.
2. Mandatory vs Voluntary
The opposition raised questions about how the Aadhaar could be made mandatory for government services and benefits that citizens were entitled to. In 2015, an interim order was passed stating that the Aadhaar would not be mandatory to government services and could be used for only 7 schemes.
3. Linking Aadhaar with PAN
After it was made mandatory to mention the Aadhaar number while filing tax returns and applying for a new PAN number a petition was made arguing that it interfered with an individual’s fundamental rights to equality and the right to practice any trade or profession.
4. Money Bill
Questions were raised as to how the Aadhaar Act qualified as a Money Bill since it did not contain any provisions related to Government expenditure and taxation. 
Amended Bill – Highlights 
The Aadhaar and Other Laws (Amendment) Bill, 2019 was introduced on June 24th and passed on July 4th by the Lok Sabha and on July 8th by the Rajya Sabha. Some of the salient points of this Bill were:
1. Offline verification of Aadhaar number holder: The bill allows for offline verification of a person’s identity through modes specified by the Unique Identification Authority of India (UIDAI) by agencies after:
  • obtaining the individual’s consent.
  • informing them of alternatives to sharing information.
  • not collecting, using or storing Aadhaar number or biometric information. 

2. Voluntary use: Aadhaar eKYC has been made voluntary as a form of establishing an identity for offline verification or authentication. Individuals can get a new mobile phone connection and open bank accounts even if they do not have an Aadhaar number. 
3. Entities using Aadhaar: Entities may be allowed to authenticate identity through Aadhaar only if the UIDAI is satisfied that it:
  • Complies with specified standards of security and privacy.
  • Is permitted by law.
  • Seeks Aadhaar authentication in the interest of the state and for a purpose specified by the central government.

4. Aadhaar number of children: The consent of a parent or guardian is needed when a child is enrolled with an Aadhaar number and the child may choose to cancel the Aadhaar on reaching the age of 18 years.
5. Complaints: Individuals may register complaints in cases such as the disclosure of identity and impersonation. Earlier, courts could take cognizance of an offense only if the UIDAI registered a complaint.
6. Penalties: Violating provisions on Aadhaar authentication eKYC data can attract a penalty of as much as Rs1 crore and jail time.
For more information contact us.
We, Finahub, are experts in Aadhaar related products and services like eSign, eKYC, Authentication, etc. If you want to know how your enterprise can start using it, please give us a call @ 0484 2388285 or email us at [email protected]

Thursday, April 4, 2019

Finaura Gold Loan Survey Results

Finaura Gold Loan Survey Results


Last week we had conducted a survey to know how gold loan was being used by the general public. We are in the process of launching a mobile-based gold loan aggregator product called Finaura. The survey was done to give us a better understanding of the user base. Finaura enables the users to find easy gold loans from gold loan branches located near them.

We had launched the survey using Google Forms which is free service with no limitation on the number of survey participants. The survey was published on our blog and on our Facebook Page. We had also published the survey on all WhatsApp groups we had access to. We even ran a week-long FB campaign but it was only moderately successful.

Given below are the results of the survey.

Wednesday, March 20, 2019

Finaura product survey


Finaura is gold loan aggregator solution developed by Finahub that will feature a partner network of major gold loan companies and banks. The application will capture the gold loan product and branch location information of our partners to enable our customers to find the most suitable gold loan solution available in gold loan branches near them. The service will be free for the end user.

We are doing an online survey to help us build a product that is useful to all. Your participation will go a long way in helping us build a product that is useful to you. You can find the survey embedded below.

Tuesday, March 5, 2019

The Union Cabinet approved the Aadhaar amendment bill.


Cabinet has passed an ordinance that brings back the use of Aadhaar by private companies on a voluntary basis. The bill is in the context of the Supreme Court ruling on Aadhaar Act, where the ruling said that Aadhaar should be used only for government entities. It struck down the clause in Aadhaar Act that allowed Aadhaar to use by private firms including banks and telecom operators.

Friday, January 25, 2019

Parliament amends Aadhaar Act to aid legitimate use of Aadhaar by private companies


With the amendment of Aadhaar Act, the Indian government is ensuring the continued use of Aadhaar by private banking and telecom companies in accordance with the Supreme Court ruling which upheld the legal validity of Aadhaar. To this end, the government has proposed a series of amendments to the Aadhaar Targeted Delivery of Financial and Other Subsidies, Benefits and Services Act of 2016, the Telegraph Act of 1885 & the Prevention of Money Laundering Act of 2002.           

Tuesday, January 15, 2019

Advantages of Aadhaar paperless offline eKYC.


Recently UIDAI has launched Aadhaar Paperless Offline e-KYC to freely use it for sharing address proof and ID proof data while keeping secrecy, safety, and inclusion. It is an offline method for identity verification where verification can be done without sharing biometrics or even Aadhaar number. This method also enables determination for Aadhaar related information you want to give for identification purposes. There are two ways to do offline Aadhaar verification. 1) By using the QR code on the Aadhaar card, 2)Via Paperless local e-KYC. The Paperless local e-KYC includes the creation of a digitally signed XML which can be saved in PCs and mobile phone.