FAQs - Digital Signatures in India | DrySign By Exela

 

FAQs - eSignatures in India

Digital signatures are increasingly being used worldwide, and their market size is only projected to go up. By 2026, the market size of digital signatures is estimated to reach a staggering amount of $14.1 billion! To implement digital signatures and make them legally enforceable, countries all over the world have adopted different rules and regulations. As a result, in many countries, including India, digital signatures are recognized as equivalent to traditional, hand-written signatures.

Here are some of the frequently asked questions about digital signatures in India.

  1. Are digital signatures valid in India?
  2. What are the requirements for digital signatures to obtain legal validity?
  3. What is a DSC?
  4. What are the types of Digital Signature Certificates?
  5. What is eMudhra?
  6. What kind of electronic records qualify for digital signatures?
  7. In which cases are digital signatures not applicable in India?

Are digital signatures valid in India?

Digital signatures are valid in most situations in India, owing to the Information Technology Act of 2000 (IT Act, 2000). The IT Act states that a subscriber of a digital signature can authenticate an electronic record by affixing a digital signature.

What are the requirements for digital signatures to obtain legal validity?

The IT Act recommends the use of the following technology:

  • Asymmetric cryptosystem: Asymmetric cryptography uses a pair of keys to encrypt and decrypt messages to ensure secure communication.
  • Hash function: A hash function is an algorithm that converts the input value into a compressed numeric value of fixed length.

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What is a DSC?

A digital signature certificate or a DSC is the digital equivalent of a paper certificate that authenticates proof of identity online. It affirms the user’s identity electronically and ensures absolute privacy of the information exchanged online. Digital signature certificates are issued by a Certifying Authority (CA), authorized by the Controller of Certifying Authorities (CCA) under the Ministry of Electronics & IT.  

What are the types of Digital Signature Certificates?

There are three types of digital signature certificates based on the intention of use.

  • Class 1 and 2 DSC – These can be issued to both private individuals and business personnel, and make sure that the subscriber’s contact details do not conflict with the information within the certifying authority’s database. These certificates can be used for generic digital signing purposes like filing Income Tax forms or any other electronic forms such as GST application, MCA e-filing, LLP registration, Form 16 etc.
  • Class 3 DSC – These provide higher security measures and greater confidentiality and are primarily intended for applications such as e-commerce, e-tendering, online trading, and so on.
  • Class 3 DGFT – The Directorate General of Foreign Trade certificate is used to authenticate export and import electronic records.

Also Read: Tips for businesses embracing eSignature solutions in 2023

What is eMudhra?

eMudhra Limited is a licensed Certifying Authority or CA that issues digital signature certificates under the IT Act since 2008. It offers a string of solutions to Indian customers, including banks, corporates, large enterprises, SMBs, government organizations, and individuals alike.

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