Over 169 million IT filers yet to link Pan with Aadhar

Agencies
October 4, 2017

New Delhi, Oct 4: Over 169 million income tax online filers have not yet linked their pan numbers with their Aadhar despite extending the deadline from last August, according Arvind Gupta, the National Head of the Information Technology Department of the Bharatiya Janata Party.

Speaking at the CyFy2017 panel on "Security through Identity", organised by Observer Research Foundation, Mr.Gupta revealed that only 100 million online IT filers have linked their pan with Aadhar so far.
He said this showed that there might be lots of fake pan cards.

Gupta said after the success of direct benefit transfers (DBTs) which has succeeded in eliminating middlemen and corruption, the government should now extend digital initiatives to the health and land sectors. He said digitalisation would help both these sectors tremendously.

"In fact, the government slowly implement 200 odd programmes like the DBT," Gupta added.

Sahil Kini, who was part of the initial government team which worked on Aadhar, said there is a need for the creation of Regulator in the digital area also, as in the cases of other resources, to effectively monitor and control data space. He suggested the regulator should be a good technical engineer who will be able to understand and monitor the medium for effective management.

"I am looking at it (Regulator) more from the technical side and not policy side though regulator job involves both sides," he said.

He also stressed the need for strong laws to prevent misuse of data and personal information with Aadhar.

Both Gupta and Sahil said the government is planning to come up with a complete law on Aadhar, information security and privacy concerns.

In order to prevent Aadhar data being misused as being reported in the media, Sunil Abraham, the Executive Director of the Centre for Internet and Society, suggested an alternative system of creating tokens from Aadhar identity and that token number being used to verify the identity of the person. He said this would help curb Aadhar data theft.

Former Prime Minister of Sweden Carl Bildt warned against the thinking of creating cyber assault weapons, saying the world we are living in are much more vulnerable than we are aware off and these cyber assault weapons would make the world worse even.

"Stay away from cyber warfare. It is very very dangerous and unimaginable," he said.

Talking of the nuclear threats from North Korea and US's counter threats, Bildt said nuclear wars are much worse than the biological wars and asked "where are we leading to?".

He said while many may be overwhelmed by pace of tech development now, "I argue this is just the beginning of where we are heading. What we are seeing is the last days of the industrial age and the beginnings of the tech age."

Bildt said within five years, we will have 95 percent of world population covered by mobile broadband with capacity better than what is available in Europe today.

He suggested that the norms and values of the internet should be the values and the norms of society. "We want to live in free, open and secure society," he said.

According to him, security is important in society, but freedom is more important. We need to build societies that have both. They are not incompatible. There should not be undue surveillance, censorship but states have some responsibility, under clear and transparent parliamentary supervision, he said

"We are the security of the internet," Bildt said.

The former Swedish PM said states are powerful enough to do things that others can't. Every state has the ability to be a superpower in the digital world.

"Norms should be there for every state: don't do to other states, what they can also do to you."

States must understand they all have equal potential of power in the digital world, thus there is a balance, he said.

Former Dutch Foreign Minister Uri Rosenthal said when internet is in motion, we see competing narratives, which the itnernet will have to adapt to and even love.

Adam Segal, Director of the Digital and Cyberspace Policy Programme, Council on Foreign Relations, said we are seeing the consoldiation of the Chinese model, a whole new rnage of controls on tech, ban on VPNs, real name registration, implementation of cyber security laws, brand new diplomatic initiatives with one belt, one road.

He said while every state in virtual realm has more power than they do in real world, China is one of the most important states shaping the future.

"We are seeing restructuring of powers based on tech giants and governments," he said.

Latha Reddy, former ambassador and deputy NSA, asked "Should digital spaces have governing ethics? I think they should. Using tech without ethics sets a dangerous precedent, for instance, the Hela case. It took 60 years for the US court to recognise violation of rights of the victim."

The two-day conference had sessions on 'The big questions: Technology, security and society'; 'No man's LAN: The militarisation of cyberspace'; 'War and peace in the digital age'; 'Predatry data: Gender and tech'; 'Harvesting the cloud'; 'Blue, while and chrome: The future of work'; 'Chasing Unicorns: The startup generation'; 'Digital vulnerabilities: Capacity building for tracking cyber crime'; 'The new code war'; 'Command and CTRL: Emerging Regime on Lethal Autonomous Weapons'; 'Encryption: The end of surveillance?'; 'Unbundling 'Convergence'; 'Information operations'; 'Security through identity'; 'Dangerous disclosures: Cyber security incident reporting'; 'Securing the digital economy'; 'Hearts and minds: Countering extremism through media' and 'Radical narratives: Countering violence outline'.

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News Network
May 6,2020

New Delhi, May 6: Taking a cue from states, the Centre announced one of the steepest hikes in duties on petrol and diesel in the recent past, by raising it by Rs 10 and Rs 13 per litre, respectively, in a notification issued late on Tuesday.

Retail prices, however, will see no change as the price hike will be absorbed by oil marketing companies against the fall in crude prices.

Road and infrastructure cess was hiked by Rs 8 for petrol and diesel and the special additional excise duty (SAED) was hiked by Rs 2 per litre and Rs 5 per litre, respectively. While the road cess will only go into the Centre’s coffers, the hike on account of SAED will be passed on to states via devolution at 42 per cent. Hence, the states will get only Rs 0.84 per litre in case of petrol and Rs 2.1 in case of diesel.

The decision comes after several states increased the value added tax (VAT) on petrol and diesel making use of the lower price regime. The Delhi government on Tuesday increased VAT on petrol and diesel to 30 per cent each, from 27 and 16.75, respectively. As a result, the price of petrol in Delhi increased by Rs 1.67 to Rs 71.26 a litre and diesel by Rs 7.10 to Rs 69.29 in Delhi on Tuesday.

Amid falling international crude oil prices, the Centre introduced an enabling provision in March to raise excise duty on petrol and diesel by Rs 8 per litre in the Finance Act. The government had on March 14 raised excise duty on petrol and diesel by? 3 per litre each, which was to help raise an additional ?39,000 crore in revenue annually.

This duty hike included Rs 2 a litre increase in SAED and Rs 1 in road and infrastructure cess. It raised SAED to Rs 10 for petrol and Rs 4 for diesel. The limit has now been increased to Rs 18 a litre in case of petrol and Rs 12 in case of diesel by way of amendment of the Eighth Schedule of the Finance Act.

Economists said the move would impact retail inflation by over half a percentage point at least. “With lower consumption, there was loss of revenue for Centre and states, who earn Rs 6 trillion annually or Rs 50,000 crore monthly from fuel. Amid lockdown in April, the collection must have come down to just Rs 5,000 crore, and this will hold for May.

This means that Centre and states have lost 20 per cent of annual revenue from fuel. Hence, they have hiked duties to recover losses,” said Madan Sabnavis, chief economist, CARE Ratings. He added that the hike will impact inflation by at least 0.6-0.7 percentage points.

According to industry experts, an estimate of the additional government revenue cannot be made as the consumption of petrol and diesel has dropped to 40 per cent of what it was before the lockdown. The duty hike comes following a drop in international crude oil prices in April, owing to lower consumption figures globally. At 11.50 pm on Tuesday, Brent was priced at $30.67 a barrel, while West Texas Intermediate (WTI) crude was seen at $24.36 a barrel. On Monday, the Indian basket of crude oil was priced at $23.38 a barrel, after touching a 15-year low last month.

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News Network
July 23,2020

New Delhi, Jul 23: Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated wealth of $75 billion, Ambani is only next to Facebook co-founder and CEO Mark Zuckerberg, whose wealth is pegged at $89 billion.

Buffet had slipped down the rankings after donating more than $37 billion of Berkshire Hathaway Inc. stock since 2006 to charity. Berkshire Hathaway’s stock performance has also underwhelmed recently.

Amazon founder and CEO Jeff Bezos still sits at top in the richest list, with a net worth of $185.8 billion. He is followed by Microsoft co-founder Bill Gates with net worth of $113.1 billion and luxury group LVMH Moet Hennessy Louis Vuitton’s chief Bernard Arnault, with a net worth of $112 billion. Facebook CEO Mark Zuckerberg is at the fourth position in the Forbes list.

Shares of Ambani’s conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc, Silver Lake, Intel, and most recently, Google. The US tech giant has committed a capital infusion of Rs 33,737 crore for a 7.7 per cent stake on Jio Platforms.

The total investment from financial and strategic investors into Jio Platforms stands at Rs 1,52,056 crore. RIL has raised a total of Rs 2,12,809 crore through a rights issue, the combined investments in Jio Platforms and investment by BP.

During the Reliance AGM last week, Ambani had said RIL has made its net-debt free ahead of a March 2021 target due to recent investments. Ambani said Jio has designed and developed a complete 5G solution that’s ready for launch as soon as spectrum is made available next year.

Jio and Google have also entered into a commercial agreement to jointly develop an entry-level affordable smartphone with optimisations to the Android operating system and the Play Store, Ambani said.

RILs market value jumped to Rs 12.7 lakh crore or $170 billion on Monday, making it the 51st most valued company in the world. Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.

The share price of RIL has risen by 120 per cent over the last four months for Rs 883 per share on March 23, 2020 to Rs 1,939 on Monday. Since April 22, when Facebook Inc announced an investment of Rs 43,574 crore in Jio Platforms for 9.99 per cent equity stake, Jio Platforms has announced investments by 12 other investors. The total investment by these 13 investors over the last 12-weeks amounted to Rs 118,318 crore.

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News Network
March 20,2020

New Delhi, Mar 20: The government on Thursday said one Indian who tested positive for coronavirus has died in Iran while the other citizens infected with the disease are being provided treatment and taken care of by the Iranian government.

Noting that the virus tends to be more fatal for those whose immunity levels are low, a senior MEA official said the deceased, an elderly person, belonged to the vulnerable age group and had health-related complications.

The death was not because of lack of medical attention or care, he said.

"We have evacuated 590 people from Iran where the situation is very severe. The Indians infected with coronavirus in Iran have been segregated and taken care of very well by the government there. We believe they will recover and we will bring them back," the MEA official said, adding that 201 Indians were evacuated from Iran on Wednesday.

The official said closely knit families required some persuasion and counselling during the process of segregation to prevent the spread of the contagion.

The Indian ambassador and other officials explained the consequences of infected people not being separated from their families and were successful to a large extent in segregating the positive cases from the negative ones, he said.

"Some pilgrims and students are still there and our embassy and mission are in control (of the situation)," the official said.

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