Aadhar Type
Identity for Businesses ?
Times of India ( 18
Sept ) carried following news report :
Govt plans to make PAN , the biz Aadhar for Cos , NGOs
“
“ The ministry had discussed various
options including development of an Aadhar type identity for businesses, an
idea which was also discussed with the Information Technology Ministry . But it
has now opted for PAN .
A few years ago , the government had
decided to treat PAN as the unique identification number for businesses ,
instead of generating multiple numbers for Provident Fund, tax and labour-law
related compliances “
=======================================================
Read this with the following that Shri Amitabh Kant ( CEO – NITI Aayog ) wrote
in Times of India ( 02 Nov ) :
How to Break Into The Top 50
What does India need to
do improve its position in these parameters and break into the top 50 in the
next two years?
Despite important reforms
in starting a business India continues to be ranked poorly because other
countries have reformed faster.
India's rank can
benefit from further integrating registration processes into a single form by converging GST with PAN-TAN
registration, integrating EPFO and ESIC and also shops and establishment
registration processes.
It also needs business
process re-engineering to reduce the propensity to inspect by switching to real
time registration and a culture of risk-based verifications
This requires cutting layers of
bureaucracy .
I have no doubt that , India can “ break
into the TOP 50 “ , if businesses do not need to register repeatedly and obtain
umpteen REGISTRATION NUMBERS ,
listed in my following blog
Tuesday, 11 July 2017
Business
Line ( 11 July ) carries following report :
Businesses
must display GSTIN on sign
boards
Traders
and businesses will have to display the GST
registration number on their business
sign boards and the registration certificate in their premises.
“Every taxable person is required
to display his GSTIN number on name board
or sign board of business and is also required to display his
registration certificate in business premises so that a citizen can easily find
out whether a person is registered or not,” a tax official said.
The
Goods and Services Taxpayer Identification Number (GSTIN) is a 15-digit number which taxpayers get after
registering with the GST network portal.
Just
wait till those other concerned “ Government Authorities “ enact laws that
require you to display on your business sign board , following numbers as well
!
# 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 )
Dear
Shri Jaitleyji :
I
urge you to consider :
An
Aadhar for Corpotates ( 12
May 2016 )
03 Nov 2017
www.hemenparekh.in
/ blogs
No comments:
Post a Comment