Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Friday 2 February 2018

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


An " Aadhar " for Corporate ?



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 :

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Wednesday, 30 January 2013


Raining Cards ?


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 ?

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03  Feb  2018

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