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ABP Live Your Money Your Life: Big Rule Changes From February 1 To Impact FASTag, Aadhaar And Property Registration
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From February 1, major changes will come into effect in FASTag, land registration, banking and verification systems, directly impacting vehicle owners and property buyers.
Big Relief For FASTag Users; KYC Process ScrappedThe National Highways Authority of India (NHAI) has decided to completely abolish the Know Your Vehicle (KYV) process linked to FASTag.
Under the revised system, banks will carry out complete vehicle verification before activating FASTags.
Major Change In Land Registration ProcessFrom February 1, Aadhaar verification will become mandatory for land and property registration.
At the same time, changes in FASTag rules will offer vehicle owners relief from repeated verification procedures.