New Delhi, February 04, 2017: “The Union Budget 2017 is a significant move to push digital payments. The biggest highlight from the technology perspective is the exemption of components from taxes to encourage domestic manufacturing of these devices by providing exemptions like BCD (basic custom duties), excise duties, CVD (countervailing duties), SAD (special additional duty) on miniaturised card readers and mPOS micro atms, finger print readers, scanners and iris scanners. The 2017 Budget has opened the doors that will allow people to avail long term benefits of digitalisation and make digital transactions more safe and secure. Incentivising Iris based authentication can go a long way in embracing the digital way of life.
Schemes such as Aadhaar Pay for people who don’t have mobile phones, cash back scheme for merchants, Aadhaar-based smart cards with health details for senior citizen etc will reemphasise government’s approach towards making India a more cashless economy,” said Mr Tamaal Roy, CEO, Biomatiques Identification Solutions Pvt. Ltd.
Mr Tamaal Roy is the CEO of Biomatiques Identification Solutions Pvt. Ltd. with an engineering degree in Textile Technology
In the year 1985, Tamaal became a self-learned computer professional at a time when professional courses in computer science were not available. He then ventured into the new emerging Information Technological field.
With more than 3 decades of experience his major contributions include innovative software’s like ‘Master Drape’, ‘Master Weave’, ‘Jacquard Pro’ and ‘Tex Cad’ for the textile industries and ‘Jewel Pro’ for the jewellery and diamond industries. Also an embedded device called ‘Looms Computer’ was part of his significant offerings to the local Textile Industry.
He then forayed into the national market through his unique offering of a software called “PEHCHAN PRO”for FACE PORTRAIT BUILDING which till date remains the only IDENTITY KIT Software Certified by “Bureau of Police Research and Development” and the“Central Bureau of Investigation” (CBI). It is used all over the country by the police department to prepare sketches of the accused criminals on witness accounts.
In 2012, Mr. Roy started Biomatiques Identification Solutions Pvt Limited with the motive to manufacture the FIRST INDIGINOUS IRIS SCANNER. It is notable to highlight the fact that this is only the Thirteenth Company worldwide to have apatented iris recognition product in market and the first Indian company to step in the market.
At 49, Mr. Roy is very actively involved in the IT and biometrics domain. He believes in the mantra that “There are no short cuts to success. Success is the outcome of hard work, patience and dedication”.
Corporate Comm India(CCI Newswire)