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FAQs
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Is ticking a check box for an online contract like a signature in the USA?
In the U.S., ticking a checkbox routinely is considered evidence showing that a user has accepted online terms and conditions. (Please see Online Terms can be Binding, even if You don’t have to Click!)This is, indeed, similar to a signature on a hard-copy contract being evidence showing that a party has agreed to that contract.
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Why doesn't Indian government develop an online voting system so that we can cast our votes while living in other states?
Total market capitalization of Bitcoin, the online currency, touched a maximum of about $300 billion (i.e., about ₹ 21.15 lakh crore) in December 2017.[1] Just to put it in correct perspective, India is total GDP is about $2.6 trillion. And, all transactions in Bitcoin are conducted ONLINE.The total market cap of Indian stock market was about $2.3 trillion in the year 2017. And, all the share transactions are conducted online. There are no physical transactions. All shares in India are held in Demat (dematerialized) or digital form. In fact, transfer of all listed shares will be compulsorily required to be in Demat form only with effect from 1 April 2019 and no physical shares would be transferable from that date (previously, this was to come into effect from tomorrow, i.e., from 5 December 2018, but this deadline has just been extended by SEBI).[2]To give an example, right now, the net worth of Mukesh Ambani, the richest person in Asia, is about $47 billion (i.e., about ₹ 3.30 lakh crore). Most of this net worth is in the form of shares. And, all these shares are held by Mukesh Ambani in digital form. He does not have any physical shares. Unlike what many persons may presume, he may not be holding much physical cash or other physical assets. His net worth is mostly in digital form.Even lesser mortals like me, nowadays, conduct most of our transactions online through Internet. For example, in last 10 years, I have not visited my bank for more than 3-4 times in total. All bill payments, all money transfers, etc., are done online.Railway reservations are nowadays done online by IRCTC. Though, IRCTC website has been infamous for its slow speed (nowadays, however, it has improved its performance drastically), yet I have not come across even a single case in which the ticket reserved through IRCTC website was wrongly booked, i.e., it has never happened that a particular seat is booked twice or that you buy a ticket online and then don’t get the seat.Crores of transactions and other activities are routinely authenticated by Aadhaar online. For last several years, all my IT Returns have been filed online. Even the Digital Signature that I acquired a few years back was authenticated online through Aadhaar. I use this Digital Signature for various purposes, such as verifying my IT Returns.These are just a few examples of how most of our activities are shifting to online transactions. Done through Internet.Yet, when it comes to voting, people are not prepared for voting through Internet. It is surprising. You can put all your money online, but you worried about your vote being online.In fact, it is common to see political parties blaming even the Electronic Voting Machines (EVMs) that are in use in India for last many years.There are people who want to go back to the paper ballot. In fact, just last month (23 November 2018), Supreme Court rejected a PIL which wanted that all elections in India should be conducted through paper ballot instead of EVMs.[3]I am fully in favour of voting taking place through Internet. If transactions worth trillions of dollars can be successfully conducted online through the Internet, I see no reason why voting cannot take place online. It is not difficult to design a fool-proof system, with proper auditing, which cannot be manipulated. Nowadays, Blockchain technology is being repeatedly used for further strengthening the security of online systems. If trillions of dollars can be transferred online without mistakes, there is no reason why votes cannot be cast online.In fact, I was perhaps the first person who had suggested way back in 1996, by way of my article [Corporate Democracy] published in the reputed law journal All India Reporter (AIR) [with the citation of AIR 1996 Journal 130], that voting in a company can also be considered by email with proper safeguards to ensure better corporate democracy in the management of companies. Remember, in 1996, email had almost just started becoming popular. To put the things in correct perspective, the first widely used free email system (which did not depend on ISP-based-email and could be accessed from anywhere in the world), namely Hotmail, which was designed by an Indian American Sabeer Bhatia, was started on 4 July 1996, and it was later sold to Microsoft in 1998. My above article can be seen online.[4]Therefore, I am fully in favour of voting through Internet with proper and transparent safeguards and security systems, using the least technologies. I feel that such online system can be made much more secure than even the EVMs.Footnotes[1] Bitcoin hits new record high as warnings grow louder[2] Sebi extends deadline for transfer of shares in demat form to April 1[3] Supreme Court rejects PIL seeking return to ballot papers - Times of India[4] Corporate Democracy
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Can an LED TV get infected with a virus?
It depends on the type of tv and the scenario. If you use USB connection to play movies/photos or music from a pen drive, there are chances that there could be a virus in the pen drive and affect the tv. I have experienced a very shocking behavior on our Sony LED tv . When one of my pen drives was inserted, it opened the disk as usual, but after a couple of seconds, something happened and the screen froze. Not even the power button worked(either the remote or the power button on tv). I had to switch off the tv at the power outlet. I then scanned the usb using my laptop with enterprise-level McAfee antivirus software and detected a trojan, as well as cleaned it. Even after cleaning the pendrive, the behavior remained the same. Hope resetting the tv to factory settings will solve the problem.
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Is there an easy way to share e-mails within a Gmail label with your team? Some sort of secure web interface would be ideal.
Let’s start using a gmail shared inbox?Shared inboxes are extremely useful for teams, but many teams in GSuite still don’t even know about the possibility of turning Gmail into a shared inbox. It happens mainly because people are have quite accepted email as it is, and don’t think about it as an evolving technology.The thing is email has been the most used business communication tool for the past couple of decades. It’s been available almost since the beginning of internet. Also, it’s probably one of the first things you set up when you start browsing.However, email has been designed to be used individually. There are only personal accounts that cannot be shared unless you make use of FWD, CC’s, BCC’s and other confusing features traditional email tools offer.Here’s the full article on Gmail Shared Inbox.But think about it, if you are on a team, wouldn’t it be amazing to share your mailbox and work collaboratively without having to use the same email address?Fortunately, it is already possible, if you leverage the right technology.And Gmail is the right place for it. With many tools available as Extensions or G Suite add-ons, you just have got to be assertive in the ones you’ll choose.How teams usually “share” inboxesYou have probably seen something like an account in which lots of people have access. Accounts such as “contact@yourcompany” are the most common idea when people idealize shared inboxes.However, sharing the same password and not being able to track who’s working on that can be very dangerous. There’s so much more your email could be, which is why we’re sharing this information.We want people to know the real capability of their Gmail’s inbox.Our team inboxIn a real Gmail shared inbox, offered by Drag, you can:Choose what teammates you want to see those emails you want to share;Select the emails you want to share (individual emails or a shared account like sales@company.com);Leave internal notes or reply to emails on behalf of your teammates;Reply either from a shared account (sales@company.com) or from your individual email address;Assign emails to teammates;The next step of sharing inboxes with a team has amazing features, in a basic explanation, here are some of them:Kanban: this visual tool helps email to get much easier to see and understand;Emails or tasks become cards;Centralized work: all your tasks and emails stay in one place;Keeping teams well aligned: it helps everyone to understand on what step work is;It’s much easier to delegate work;Your team becomes faster;Why Gmail shared inbox is brilliantProperly sharing an inbox in Gmail allows teams to work together on emails when it needs more than one person (and it’s not just for customer support).Agility:Getting to inbox zero is everyone’s goal, it doesn’t matter if you’re in sales, customer support or anything else. But imagine, your team helping you signNow inbox zero. This is our goal to make a truly collaborative place for your team’s inbox.Communication:We’ve talked a lot about email. But people use email for lots of different tasks – marketing, sales, customer support. We also know how hard it can be managing lots of different tasks in different roles. Having Drag Team boards means you can do just that, all from one place. Lots of tools have emerged that do specific tasks for different roles, but having a universal place, inside your inbox, is just awesome.Transparency:It’s not just about saving time, it’s about promoting transparency across your team. Sharing certain communication onto team boards provides context to why things are getting done.Step-by-step guide to use your Gmail shared inboxDon’t overthink Shared Inboxes, they’re actually quite simple to set up. To turn Gmail into it, you’ll need the following steps:1. Download Drag Chrome Extension;2. Create your boards;3. Invite your teammates to boards.And all done! (yes, that’s it!)Now you can start collaborating in Gmail with your team. Also, your emails get many other functionalities, such as:Drag’n’drop;Due dates;Notes;Checklists;Multiple boards;All of the above shared with your team.All of it. Right into your gmail shared inbox.ConclusionIf you turn Gmail as a Shared Inbox in your company, many differences will be felt from top to bottom of your company. You need very a simple tool to help you get there, and when you do, there’s no turning back.It doesn’t matter if you’ll use it just as an email, or turn CRM, Help Desk or Projects on, shared inboxes have the capability to increase productivity and boost your team’s work.
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What's a Demat account? How's it different from a savings account?
A Demat Account is an account that allows investors to hold their shares in an electronically.Stocks in Demat account remain in dematerialized form. Dematerialization is the process of converting physical shares into electronic format. A demat account number is required to enable electronic settlements of all the trades. Demat account functions like a bank account, where you hold your money and respective entries are done in bank passbook. In a similar form, securities too are held in electronic form and are debited or credited accordingly. A demat account can be opened with no balance of shares. You can have a zero balance in your account.Benefits of Demat systemDemat account for shares and securities with business purposeThe benefits of demat are as follows:Easy and convenient way to hold securitiesImmediate transfer of securitiesNo stamp duty on transfer of securitiesSafer than paper-shares (earlier risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc. are mostly eliminated)Reduced paperwork for transfer of securitiesReduced transaction costNo "odd lot" problem: even one share can be soldChange in address recorded with a Depository participant (DP) gets registered with all companies in which investor holds securities eliminating the need to correspond with each of them separately.Transmission of securities is done by DP, eliminating the need for notifying companies.Automatic credit into demat account for shares arising out of bonus/split, consolidation/merger, etc.A single demat account can hold investments in both equity and debt instruments.Traders can work from anywhere (e.g. even from home).Benefit to the companyThe depository system helps in reducing the cost of new issues due to lower printing and distribution costs. It increases the efficiency the registrars and transfer agents and the secretarial department of a company. It provides better facilities for communication and timely service to shareholders and investors.Benefit to the investor : The depository system reduces risks involved in holding physical certificates, e.g., loss, theft, mutilation, forgery, etc. It ensures transfer settlements and reduces delay in registration of shares. It ensures faster communication to investors. It helps avoid bad delivery problems due to signature differences, etc. It ensures faster payment on sale of shares. No stamp duty is paid on transfer of shares. It provides more acceptability and liquidity of securities.Benefits to brokersIt reduces risks of delayed settlement. It ensures greater profit due to increase in volume of trading. It eliminates chances of forgery or bad delivery. It increases overall trading and profitability. It increases confidence in their investors.Savings Account:A savings account is an interest-bearing deposit account held at a bank or another financial institution that provides a modest interest rate. The financial institutions may limit the number of withdrawals you can make from your savings account each month. They also may charge fees unless you maintain a certain average monthly balance in the account. In most cases, banks do not provide checks with savings accounts.Advantages of Savings AccountsBecause savings accounts pay interest, it is more beneficial to keep your unneeded funds in a savings account than a checking account so that your money can grow. In addition, savings accounts are one of the most liquid investments outside of demand accounts and cash. While savings accounts facilitate saving, they also make it very easy to access your funds. In contrast, it is typically more difficult to cash a bond, make a withdrawal from a retirement account, or sell stocks or other assets.
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How can I register my company in Delhi?
Company RegistrationAccording to the lawful structure of India, Company Registration is the most famous legitimately substantial alternative to consider.Any privately owned business can have least two and most extreme fifty individuals. Risk of chiefs, of a private constrained organization, towards loan bosses additionally stay restricted.Amid default, banks or leasers can just sale organization's property not the chiefs' close to home property. You additionally need to realize that Company Registration is extremely important in India on the off chance that you need to begin any business.Never reprimand this thought for exchange arrangements. Organization Registration brings numerous advantages. In addition, you never face any sort of issue.It is anything but difficult to enlist and simple to break up. New organization, particularly new companies, favor it over different arrangements as it orchestrates assets from outside without breaking a sweat.Plus, it limits liabilities of investors just as empower them to offer worker investment opportunities to enlist top ability. You never need to stress for Company Registration in Mumbai. This office is effectively accessible with us.Our administrations are effectively accessible in every single fundamental locale of the country including Delhi-NCR, Mumbai, Chennai, Bengaluru and numerous different urban areas.Our specialists dependably assist everyone with uniform benchmarks.Step Wise Company RegistrationStep 1:- Application of DSC & DPINPartners initially have to apply for DPIN and digital signature. Digital signature meant for filing and DPIN refers to directors’ PIN number provided by MCA. Ignore this exercise if directors already possess DPIN and DSC.Step 2:- Name ApprovalThree different names for company name are necessary to give to MCA. Out of these one will be registered. Names provided must be unique.Step 3:- MOA & AOA SubmissionAfter approval of name, one needs to draft MOA and AOA. Memorandum of Association (MOA) and Articles of Associate (AOA) will be filed with MCA along with subscription statement.Step 4:- Incorporation CertificateEntire process for Company Registration in Mumbai and Incorporation Certificate basically takes the period of 15-25 days. Incorporation Certificate proves that company has been started. CIN number also remains included in Incorporation Certificate.Step 5:- Apply for PAN, TAN and Bank account:Finally, apply for PAN and TAN and submit Incorporation Certificate, MOA, AOA and PAN to any bank for opening the account.
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What is digital signature?
What is a Digital Signature Certificate?A digital signature is a mathematical scheme that validates the integrity or authenticity of a given digital document or digital message. Digital signature certificates are the electronic or digital equivalent of paper certificates. Digital signature certificates validate your digital signature and for affixing digital signatures to e-documents digital signature certificates are required. Generally certificates are used to prove the identity of a person for particular purpose like driving license or passport or pan card or others. Similarly digital signature certificates are used to prove the identity of the person digitally to avail information or services on the internet and to sign certain documents digitally.Check Here : Digital Signature Certificate PriceWhat are the types of Digital Signature Certificates?There are three types of digital signature certificates depending on the validation of identity and type of use. They are:Class I DSC – Individuals get it for validating the email identification of the users and in situations where risk is minimal and here the signature is stored in software.Class II DSC – Business organizations or individuals use this digital signature certificate to validate the information given by the subscriber in the application against the information available in a trusted consumer database and in other such situations where security risk is moderate. In this case a hardware cryptographic device is used for storing the signature.Class III DSC – This digital certificate is directly issued by the signNowing authority and it is required that the person applying for DSC must be present at the signNowing authority’s premises and prove his/her identity in front of the authority and the security risk involved in this case is very high. In this case also a hardware cryptographic device is used for storing the signature.How to get a Digital Signature?A licensed authority also called as Certification Authority (CA) that has been granted the license to issue digital signature certificates by the Government of India can issue digital signature certificate under the Information Technology Act 2000. You should pay a specified fee and submit certain documents for obtaining DSC from CA. The e-KYC documents will fetch your DSC on the same day from CA. The documents are:Self-attested PAN card as identity proof.Voter ID card or driving license or passport or latest utility bill as address proof.The Necessity of Digital Signature CertificatesFor e-filing of the income tax returns by any individual, the Government of India has made it mandatory to affix digital signatures to the income tax returns documents. For affixing the digital signature one must have digital signature certificates issued by licensed certification authority.In addition, Ministry of Corporate Affairs has set the mandatory guidelines for the companies directing them to file all reports, applications and forms using a digital signature only and this again requires a digital signature certificate.For GST also a company must verify its GST application by affixing a digital signature using digital signature certificate in order to get registered for GST.These days many Government procedures, filling different applications, amendments and forms require digital signatures made by using digital signature certificates.Benefits of Digital Signature CertificatesSaves Money & Time: As there is no need of physical presence you can digitally sign your PDF files and other documents using DSC anywhere & anytime. You need not sign your paper documents and then scan them to send them across through internet if you follow the above given option. You can save the money which would otherwise be spent on printing and scanning the document. You can also go green by saving paper.Secured Data: The digitally signed documents are tamper proof as the digital signatures are secured with a private key and public key and they cannot be edited after digitally signing the document.Authentic: Digitally signed documents are authentic and the receiver can be completely sure about the sender’s identity and integrity. The receiver can easily execute the information in the document without worrying about the document being forged.What is the Validity of Digital Signature Certificates?The digital signature certificates in India issued by licensed signNowing authority approved by Ministry of Information & Technology are valid in India as per the ‘Information Technology Act 2000’. The DSC’s come with an explicit starting date & explicit expiration date. Usually the expiration time for standard digital signature certificates issued by CA will be from 1 year to 2 years. The digital signature certificates are managed by Certificate Revocation List (CRL) based on expiration date. An Indian national can have two DSC’s, one for his personal identification and another one for official identification.Check Here : Digital Signature Certificate Price
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