Wednesday, September 30, 2020

Paytm Payments Bank Enables Banking Services Through Aadhaar Cards

Paytm Payments Bank Enables Banking Services Through Aadhaar Cards.

PPBL or the Paytm Payments Bank Ltd based in India has incorporated Aadhaar enabled Payment System (AePS) permitting banking services using Aadhaar cards. Now every customer of PPBL can have access to the basic services of the bank including withdrawal of cash, taking a mini bank-statement, or balance enquiry. This is done through the business correspondent of any financial/banking institutions that have enabled the AePS. Additional features like money transfer between banks and cash deposits will be included soon. This will be a blessing to people living in the rural areas and semi-urban areas as their access to an ATM or a bank branch is quite limited.

Wednesday, September 23, 2020

How to register GST through Aadhaar Authentication?

How to register GST through aadhaar authentication?

A notification was issued on March 23rd, 2020 by the CBIC (Central Board of Indirect Tax and Customs) on GST registration through Aadhaar authentication. This came into force from the 1st of April 2020. On the 20th of August 2020, another notification was issued concerning the amendment of the same. GST registration through Aadhaar authentication has been made optional. 

Wednesday, September 16, 2020

How To Apply For Pradhan Mantri Awaas Yojana?

Launched in the year 2015, the Pradhan Mantri Awaas Yojana (PMAY) is an initiative by the Indian government. This project aims to provide houses at affordable rates for first-timers.

Wednesday, September 9, 2020

Did Not Link PAN-Aadhaar? 10,000 Fine May Be Charged!

Did not link pan- aadhaar? 10,000 fine may be charged!

Your PAN Card must be linked to your Aadhaar by March 31
st 2021. The decision was announced by the Government of India recently. Around 18 crore PAN card holders are yet to link their PAN to their Aadhaar.  The government has made it mandatory to link your PAN to your Aadhaar. Your PAN card will become invalid in the event where you fail to link it to your Aadhaar.

Thursday, September 3, 2020

UIDAI to charge Rs 100 to change Aadhaar card details

UIDAI to charge Rs 100 to change Aadhaar card details

The Aadhaar issued by the Unique Identification Authority of India or the UIDAI is the most important of all documents proving the identity of an Indian citizen/resident. Recently it was announced by the UIDAI that there will be a fee for the updation of Aadhaar. The charges to update your biometric details will be Rupees 100 whereas the fee to update your demographic details will continue to be Rupees 50.