Red tape to red carpet: Govt’s single window portal’s test run 99% successful; PAN likely to be single business ID on it

0
15
NEW DELHI: From next year businesses may just need to fill in their PAN on the “national single window system” (NSWS) portal being developed by the government to get approvals for new projects, buying land, licence renewals and subsequently to file all returns.
Filling the pan number will auto populate the required forms and only current figures will need to be entered. Union commerce minister Piyush Goyal said the ongoing beta testing for this portal has had an efficiency rate of 99.3% with 76,000 applications submitted on the same (only 549 faced glitches) and over 48,000 of them getting approved.
“A large number of central government departments and states/union territories have onboarded the NSWS. We are moving towards a database already existing with the government as the single entry point. This will most probably be the pan number. Once you put that in, a lot of basic…

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here