GJ Town India

Union is working on setting up a System!   The Central Government is working on setting up a Single Window System for clearances and approvals of industry in the country. Despite the presence of several IT platforms for investing in India such as in departments of the Government of India and State Single Window Clearances, investors need to visit multiple platforms to gather information and obtain clearances from different stakeholders.   To address this, the creation of a centralized Investment Clearance Cell which would provide end-to-end facilitation support, including pre-investment advisory, information related to land banks; and facilitating clearances at Central and State level was proposed and the same is also a Budget Announcement 2020-21. The cell is being planned as a One-stop digital platform to obtain all requisite central and state clearances /approvals required to start business operations in India. The Investment Clearance Cell will be a National portal t...

No need to visit any Government office Effective from 02 nd October! One can start business by incorporating a company through an on-line process without visiting any Government office. This was achieved in January, 2016 by establishing Central Registry Centre (CRC) for on-line incorporation of the company and reserving its unique name.   Two on-line forms that were introduced for the purpose are Simplified Proforma for Incorporating Company Electronically (SPICe) and Reserve Unique Name (RUN). Today, as part of online process for company incorporation, PAN and TAN are issued on near real time basis by integrating online process with the department of Income Tax. Through process re-engineering, DIN is also allotted to the individuals at the time of their appointment as Director in the Company. Every week, 2700 number of companies are incorporated through online company incorporation system. Ministry of Corporate Affairs has thus contributed significantly t...