Monthly Archives: January 2017

The T K Vishwanathan Committee on ITA 2000 amendments is presently working on amendments to the ITA 2000. ITA 2000 was notified with an intention to “Enable and Promote E Commerce”. However, the amendments of 2008 shifted the focus from … Continue reading →

Last year, the Finance Ministry constituted a committee under the chairmanship of the former Finance Secretary, Mr Ratan P Watal, to review the framework related to Digital Payments. The committee submitted its report last month ahead of schedule probably in … Continue reading →

After the demonetization of Rs 500 and Rs 1000 currency on November 8, 2016, we have all been discussing cashless and less cash digital payment systems. Presently there are several options beyond the Cheques, NEFT, RTGS ,IMPS as well as … Continue reading →

Naavi.org has been from time to time bringing to the attention of the public the urgent need for RBI to issue a confirmatory circular regarding the “Limited Liability” it proposed through a draft circular No RBI/2016-17/DBR. No. Leg. BC/09.07.005/2016-17. In … Continue reading →

Cert-In has issued an order that suggests that  “Any Individual, “organization” or Corporate entity” affected by Cyber Security Incidents may report the incident to CERT-IN. (Copy of the Order) However some types of incidents need to be reported mandatorily. The … Continue reading →

Recently there was a WhatsApp message that UIDAI is offering a new service to enable an Aadhaar holder to block use of his biometric authentication requests  through a mandatory OTP. The message indicated that the service is provided through https://resident.uidai.net.in/biometric-lock. This … Continue reading →