Sunday, 29 April 2018

#EaseofDoingBusiness #Aadhar #DIPP


A  Good  Beginning :  Make it  Better



News papers , two days back, carried half page advts by DIPP


It ( partly ) reads :


“ A new simplified procedure for incorporating a Company through SPICe Form , facilitating allotment of PAN , TAN , Name Reservation as well as Director’s Identification Number ( DIN ) has made company incorporation easier “







On 12 May 2016 , I sent following email to the Cabinet Ministers :





How many types of  NUMBERS, do Indian Companies need to register and acquire , to do business ?


Writing in MINT ( 02 May 2016 ), Narayan Ramchandran quotes Manish Sabharwal , who has researched and listed the following :


#   Corporate Identity Number...........................................   ( 21 digits )


#   Tax-payer Identification Number for commercial taxes......  ( 11 digits )


#   Service Tax Number...... ( Alpha-Numeric ) ....................  (  15 digits )


#   Permanent Account Number - PAN  ( Alpha-Numeric )........ (  10 digits )


#   Central Excise Number..................................... ( PAN + 2 Characters )


#   Provident Fund Number .................( Alpha-Numeric )...... (  11 digits  )


#   Profession Tax Registration Certificate ( Numeric )...............  ( 9 digits )


#   Profession tax Enrollment Certificate    ( Numeric ).............    ( 9 digits )


#   Income tax Deduction/Calculation Number ( Alpha-Numeric ) ( 10 digits )


#   ESIC Number ( Numeric )................................................  ( 17 digits )


#   Labour Department Registration(State specific alphanumeric) (13 digits )


#   Importer-Exporter Code  ( Numeric )................................. ( 10 digits )


#   Shops/Establishment Reg Number ( alphanumeric )............  ( 20 digits )


#   Contract Labour Registration ( alphanumeric ).................. ( 15+ digits )


#   Labour Welfare Board ( Numeric ).....................................   ( 5 digits )


#   Higher Court Case Number ( Alphanumeric ).....................   ( 12 digits )


=============================



Now , CBDT and MCA are in the process of integrating their back-end operations , to provide ONE SIMPLE IDENTITY to companies, doing away with the above multiple numbers


Without doubt , this long overdue simplification will make it easy to do business in India


But , it seems , that each State will have unique number ( for each Company registered in its territory ), as far as GST is concerned


I urge the readers to forward this suggestion to :


#reformindia

@EODB_India


30  April  2018


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