Digital Signature Certificate
A Digital Signature Certificate is a secure digital key that is issued by the certifying authorities for the purpose of validating and certifying the identity of the person holding this certificate. Digital Signatures make use of the public key encryptions to create the signatures.
A digital signature certificate (DSC) contains information about the user’s name, pin code, country, email address, date of issuance of certificate and name of the certifying authority.
Benefits of a Digital Signature Certifica
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Authentication: Helpful in authenticating the personal information details of the individual holder when conducting business online.
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Reduced cost and time: Instead of signing the hard copy documents physically and scanning them to send them via e-mail, you can digitally sign the PDF files and send them much more quickly. A Digital Signature certificate holder does not have to be physically present to conduct or authorize a business.
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Data integrity: Documents that are signed digitally cannot be altered or edited after signing, which makes the data safe and secure. The government agencies often ask for these certificates to cross-check and verify the business transaction.
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Authenticity of documents: Digitally signed documents give confidence to the receiver to be assured of the signer’s authenticity. They can take action on the basis of such documents without getting worried about the documents being forged.
- Individuals and entities who are required to get their accounts audited have to file their income tax return compulsorily using a digital signature. Furthermore, the Ministry of Corporate Affairs has
made it mandatory for companies to file all reports, applications, and forms using a digital
signature only.
- Under GST also, a company can get registered only by verifying the GST application
through a digital signature. The use of a digital signature is necessary even for filing
all applications, amendments and other related forms.