In a major step towards achieving this objective, the Department of Telecommunications, Ministry of Communications, Government of India, today issued a series of orders simplifying the KYC processes and thereby initiating the telecom reforms announced by the Cabinet on 15.09.2021.
Presently, a subscriber has to undergo KYC process which entails visit to the Point of Sale along with the original documents of identity and address as proof for obtaining new mobile connection or conversion of mobile connection from Prepaid to Postpaid or vice-versa.
Online service delivery has become an acceptable norm in the recent past and most of the customer services are being offered through internet with OTP authentication. Contactless services in the COVID era needs to be promoted for subscriber convenience and also for ease of doing business.
Customer consent has been made compulsory in case the Aadhaar is being used and demographic details are being obtained electronically from UIDAI.
Accordingly, following orders for immediate implementation have been issued by DoT to implement contactless, customer centric and secured KYC processes: –
- Aadhaar based e-KYC
Aadhaar based e-KYC process has been re-introduced for issuing of new mobile connections. Telecom Service Providers will be charged Rs. 1/- per customer authentication by the UIDAI. This is a complete paperless and digital process wherein the demographic details along with picture of the customer is received online by the Telecom Service Providers (TSPs) from the UIDAI.
In this process, the issuing of mobile connection to the customers is done through an App/Portal based online process wherein a customer can apply for mobile connection sitting at home/office and gets the SIM delivered at his door step using documents electronically verified by UIDAI or DigiLocker.
- OTP based conversion of mobile connection from Prepaid to Postpaid and vice-versa
The implementation of OTP based conversion process enables a subscriber to convert his mobile connection from Prepaid to Postpaid and vice-versa sitting at home/office via OTP based authentication.
Detailed orders have been uploaded on the DoT website(Link-https://dot.gov.in/relatedlinks/telecom-reforms-2021).
The Central Government, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the Covid-19 pandemic, has, on consideration of representations received from various stakeholders, decided to extend timelines for compliances under the Income-tax Act, 1961 (hereinafter referred to as “the Act”) in the following cases, as under:
- Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been extended from 30th September, 2021 to 31st March, 2022.
- The due date for completion of penalty proceedings under the Act has also been extended from 30th September, 2021 to 31st March, 2022.
Further, the time limit for issuance of notice and passing of order by the Adjudicating Authority under the Prohibition of Benami Property Transactions Act, 1988 has also been extended to 31st March, 2022.
Notification no. 113 of 2021 dated 17th September, 2021 has been issued in this regard and can be accessed at www.incometaxindia.gov.in.
In order to facilitate EPF subscribers, EPFO has launched one more e-initiative i.e., Aadhaar based e – nomination. The physical filing of nomination is done through submission of ‘Form 2(Revised)’, now with the launch of e-nomination facility, members themselves can file their nomination online, using this e-Nomination facility available in member portal.
The URL is https://unifiedportal-mem.epfindia.gov.in/memberinterface/
This facility can be availed by EPF Members if their mobile number is linked with UAN and the Aadhaar verification is also complete. The registration process is quite user friendly and all members are advised to file their e-nomination at the earliest. A readily available e-nomination in the system enables members/ beneficiaries to easily file online Pension Claim and in the event of the demise to the member his/her nominee will be able to file an online claim based on the OTP on his/her Aadhaar Linked Mobile. One doesn’t need to apply with any physical document to the employer or ex-employer after the online nomination is done.
All EPF Members are advised to file their e-NOMINATION at Member Interface of Unified Portal immediately. Further all EPF members are also advised to get basic KYC like Aadhaar and Bank account seeded to their UAN, so that they can avail online services from EPFO. Avoid physically filing a claim before Employer or to the EPF office during this COVID pandemic. Avoid physically coming to EPF office, instead make use of various online services provided by the Department.
SEBI circular dated 8th September, 2020 allowing National Stock Exchange (NSE) to carry out e-KYC Aadhar authentication of the UIDAI subject to such compliance as may be specified. Gist of SEBI circular follows:
SEBI vide circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/80 dated May 12,
2020 permitted eight entities to undertake Aadhaar Authentication service of UIDAI subject to compliance of the conditions as laid down in this regard.
- Government of India, Department of Revenue (DoR), vide Gazette
Notification No. G.S.R. 516(E) dated August 20, 2020, notified “National
Stock Exchange of India Limited” (NSE) as per the recommendation by
Unique Identification Authority of India (UIDAI) and SEBI to undertake Aadhaar authentication service of the UIDAI under section 11A of the Prevention of Money-laundering Act, 2002. In view of the same, National Stock Exchange of India Limited shall undertake Aadhaar Authentication service of the UIDAI subject to compliance of the conditions as laid down in this regard.
- The Stock Exchanges and Depositories are directed to:
a. bring the provisions of this circular to the notice of the Stock Brokers,
Depository Participants and also disseminate the same on their websites.
b. make necessary amendments to the relevant bye-laws, rules and
regulations for the implementation of the above decision in co-ordination with one another to achieve uniformity in approach.
c. communicate to SEBI, the status of the implementation of the provisions of this circular in the Monthly Development Report of the following month; and
d. monitor the compliance of this circular.