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I-T Department launches OTP facility for online ITR filing

Last Updated: Monday, July 13, 2015, 18:09

The Income Tax Department Monday launched its ambitious One Time Password (OTP) based e-filing verification system for taxpayers, thereby ending the practice of sending paper acknowledgement to its office in Bengaluru.

Nasscom for one-step authentication for small online payments

Last Updated: Wednesday, December 10, 2014, 19:57

A two-step authentication is generally prevalent in the country unlike developed nations. First step of authentication is feeding PIN and the next step is punching in secure code or one-time pin (OTP).