Unique ID for Every
Enterprise ?
=======================
In his Budget speech , Shri Jaitleyji said :
The Government will evolve a scheme to assign every
individual enterprise in India, a unique ID
It seems , Shri Jaitleyji found time to read my following blog / email :
Thursday, 12 May 2016
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
hope , someday soon , an India Start-Up comes up with a digital solution (
pasting, a unique RFID sensor on the forehead of each child , at birth ? ) to
get rid of all the CARDS , a person needs to acquire in a life-time , as
mentioned in my following blog :
-------------------------------------------------------------------------------------
Some
70 years ago , I had only one card – the Ration Card
I was using it to buy , either wheat or bread or war-disposal biscuits from a Shivaji Park ration shop in Mumbai
Now I have,
* Driving License Card
* Senior Citizen Card
* Voting Card
* Credit Card
* PAN Card
* Aadhar Card ( UID )
Apart from sundry cards issued by private / commercial companies and NGOs
As if this was not enough , Central Government of India wants me to carry one more card !
National Population Register ( NPR ) is all set to issue,
Resident Identity Card ( RIC )
It will contain demographic and biometric details of the owner and will be issued to 820 million adult Indians at a cost of Rs 5,552 Crores
I believe only those holding RIC will be entitled to receive subsidized food-grains under the Food Security Act
How about a card to replace all the above-mentioned cards ?
--------------------------------------------------------------------------------------------------------------------------------------------------------------------
03 Feb 2018
www.hemenparekh.in
/ blogs
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