The World Opinion

Tag: Biometric Authentication

  • Five States Including Karnataka Show Interest In Implementing Aadhaar-Based Authentication For GST Registration | Economy News

    New Delhi: Five states, including Karnataka, Tamil Nadu and Telangana, have shown interest in rolling out Aadhaar-based authentication for GST registration, an official said on Monday. The biometric-based authentication was discussed at the third National Co-ordination Meeting of senior Central and State GST officers earlier this month.

    Currently, two states, Gujarat and Andhra Pradesh, and the Union Territory of Puducherry have launched the Aadhaar authentication of taxpayers on a pilot basis. “Around five states, including Karnataka, Tamil Nadu and Telangana, have shown interest in implementing Aadhaar-based authentication for GST registration,” an official told PTI.

    The official further said that these states wanted to assess the cost involved, the infrastructure and manpower requirement for implementing the requirement of biometric authentication for registration. The data has been provided to them and based on the assessment, these states will have to put the proposal up before the state Cabinets for approval. (Also Read: Tata Motors Shares Tank Over 8%; Mcap Declines By Rs 29,016 Crore)

    Goods and Services Tax (GST) authorities have so far been using OTP-based Aadhaar authentication to establish the identity of the applicants, seeking registration. However, with instances coming to light wherein other people’s identity was misused to create bogus firms for claiming input tax credit (ITC), the Central Board of Indirect Taxes and Customs (CBIC) had decided to move towards biometric authentication under which in certain suspicious cases, the person seeking registration will be asked to go to an Aadhaar centre to have his biometrics verified.

    As per the analysis of April GST revenues, Karnataka is the second biggest contributor, followed by Uttar Pradesh and Tamil Nadu. Maharashtra garnered the largest chunk of revenue during the month. (Also Read: Paytm Focuses On UPI Lite Wallet For Low-Value Daily Payments)

    The GST collections, which include central and state mop-up, breached the Rs 2 lakh crore milestone in a month in April since the rollout of the unified tax system. Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April. The revenue growth was aided by strong economic momentum and increased domestic transactions and imports.

  • Amazon Introduces New App Allowing Users To Scan Their Palm For Payments |

    New Delhi: Amazon has introduced an app named Amazon One which aims to simplify the process for customers to enroll in their palm recognition service. Rather than visiting a physical store, individuals can now sign up conveniently from home, the workplace, or while on the move using the app.

    Currently accessible through the Apple App Store or Google Play Store, the app’s initial rollout is exclusive to the United States, encompassing over 500 Whole Foods Market stores, Amazon outlets, and more than 150 third-party locations. (Also Read: PhonePe Launches UPI Payments For Users In UAE; Check Details Here)

    Here’s how the Amazon one app works:

    1. Download the App: Users can download the Amazon One app from the Apple App Store or Google Play Store. (Also Read: Beware Of Calls Impersonating DoT, Threatening To Disconnect Mobile Numbers; WhatsApp Calls Starting With +92)

    2. Capture Palm Image: Using the app, users take a photo of their palm from home.

    3. Create Online Profile: Users create an online profile within the app and add a payment method.

    4. Enroll Palm: Amazon verifies the palm image and enrolls it in the system.

    5. Usage: Enrolled palms can be used for payments, entry, age verification, and loyalty rewards at various locations.

    The company clarifies that all palm images captured through the new app are encrypted and transmitted to a secure Amazon One domain in the AWS cloud. These images cannot be saved or downloaded onto a mobile device. Amazon reports that Amazon One has been utilized over 8 million times.

    Besides introducing the app, Amazon has also broadened its palm scanning technology for enterprise identity purposes, allowing companies to verify employees as they arrive at the office.