FM launches CSC and IEPFA's Mobile App to achieve PM's vision of Digitally empowered India



Quick Summary
Union Finance Minister Nirmala Sitharaman has virtually launched two new tech-driven initiatives: the Central Scrutiny Centre (CSC) and the Investor Education and Protection Fund Authority's (IEPFA) Mobile App. These initiatives aim to strengthen the government's vision of a digitally empowered India and create a more corporate and investor-friendly environment. The CSC will scrutinise company filings to ensure data quality, while the IEPFA app will promote financial literacy and investor awareness, including tracking claim refunds and reporting fraudulent schemes.

Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman here today virtually launchedCentral Scrutiny Centre (CSC)andInvestor Education and Protection Fund Authoritys (IEPFA)Mobile App two tech-enabled initiatives by Ministry of Corporate Affairs. These initiatives leverage to strengt
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FAQ :

The Finance Minister launched the Central Scrutiny Centre (CSC) and the Investor Education and Protection Fund Authority's (IEPFA) Mobile App.

The CSC will scrutinise certain Straight Through Process (STP) Forms filed by corporates to ensure data quality, identify irregularities, and take corrective steps.

The IEPFA Mobile App aims to achieve financial literacy, spread investor awareness and education, and protect investors. It also allows tracking of IEPF claim refunds and reporting of suspected fraudulent schemes.

These tech-enabled initiatives make government services available electronically, fostering digital empowerment and creating a more efficient and transparent corporate and investor ecosystem.

The IEPFA Mobile App is currently available for download on the Play Store for Android devices.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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