What is AEPS and What are the services available under AEPS?

AEPS (Aadhaar Enabled Payment System)

It is a payment system that allows individuals to carry out banking transactions using their Aadhaar number and biometric authentication.
AEPS uses your Aadhaar number, which is a unique identification number issued by the Government, to access banking services.
Instead of using physical documents like cards or passbooks, AEPS relies on biometric data such as fingerprints or iris scans to authenticate transactions.

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in the public interest.

The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and the remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance, and other stakeholders.

Visit The ICAI Website

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