The Institute of Chartered Accountants of India (ICAI) signed a crucial MoU with the Indian Army to facilitate the real-time verification of documents using the Unique Document Identification Number (UDIN). This landmark collaboration significantly enhances transparency and security in document processing, particularly for sensitive financial reports and audits submitted by Army personnel and their families, ensuring absolute authenticity and eliminating fraud.
📚 Test Your Knowledge:
The ICAI signed an MoU with which entity for real-time UDIN verification of documents?
Correct Answer: Indian Army