Thursday, December 19, 2024

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NPCI may be planning to replace OTPs, PINs...

India's National Payments Corporation is planning partnerships with several startups to enable biometric authentication for UPI transactions. The new system would enable fingerprint authentication to authenticate UPI payments on Android devices and face ID on iPhones instead of the current four—or six-digit UPI PIN. This comes barely a week after the Reserve Bank of India (RBI) sought other models for additional factor authentication (AFA) in digital transactions. The central bank mentioned that further opportunities for using PINs and passwords should be considered along with biometric methods, such as fingerprints. As mentioned in the report, NPCI's talks with startups revolve around the financial and legal aspects of potential cooperation. As...

Key Highlights: Personal Tax Reforms in the Upcoming...

The Financing Priest is set to deliver the whole Union Budget Allocate the FY 2024-25 in Parliament on July 23. Private taxpayers are eagerly awaiting this news, as they have many assumptions about potential adjustments in personal tax obligation policies from the freshly formed federal government. In the upcoming Spending plan, the federal government is expected to increase the earnings tax obligation exemption restriction under the new tax obligation program from the existing Rs 3 lakh to Rs 5 lakh. Last year's spending plan saw considerable modifications in the brand-new tax obligation routine focused on motivating taxpayer engagement. A total tax exemption was given for gross incomes up...

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Smart Phone Motorola Edge 50

The Motorola Edge 50 is the latest addition to Motorola's flagship Edge series, positioned between the Edge 50 Fusion and Edge 50 Pro. This...

Vinesh Phogat’s Paris Olympics Heartbreak: A Nation’s Disappointment

The hopes of millions of Indians went up in flames after Vinesh Phogat, their wrestling star, was disqualified from the 2024 Paris Olympics. She was supposed to participate in 50 kg of freestyle wrestling. Still, she was found to...

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