As part of its latest efforts to crack down on the large flow of currency in the economy, the government is set to mandate Aadhaar authentication — either via electronic-KYC, using biometric tools or through a one-time password — in case you cross the specified value for a cash deposit. The move will be extended to several other highvalue transactions, where consumers currently need to quote their PAN.
from Times of India https://ift.tt/2GnLmi9
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