Starting of a business to be easy by 'this decision' of the Modi Government

Modi Government takes a big step for ease of doing business

AUG 25 (WTN) - There was a time when so much paperwork had to be done to start any business in India that one had to think many times before starting a business. With the advent of technology; however, the paperwork has reduced, even after this, many types of licenses are still needed to start the business. This is the reason that India still needs to do a lot in terms of ease of doing business.

However, ever since Narendra Modi has become the Prime Minister, there have been big and tough steps in the matter of ease of doing business, and it has also become easier to do business in India than before. Now, in this context, the Modi Government has taken a new decision, under tagt1 the GST (Goods and Service Tax) registration of a new business will be done in just three days. Actually, this whole exercise of the Modi Government is so that those who want to start a new business, they do not have to face trouble.

However, to start a new business, the GST (Goods and Service Tax) registration number will be received only in three days, only when the applicants will give their Aadhaar card number for the Aadhaar authentication. According to the Union Finance Ministry, it has been started to issue the GST registration number through Aadhaar Authentication. Under this, whosoever businessman will give his 12 digit Aadhaar card number at the time of the GST application to start his business, in such a situation, the businessman will get the GST number within three days. However, the applications of the GST number, in which the Aadhar card number will not be mentioned, will get the GST number only after the physical verification.

In fact, the government's intention behind this is that this new system of Aadhaar Authentication to get the GST number will not only provide relief to the traders who want to start a new business, but it will stop the fraudulent companies. Naturally, this decision of the government to register GST through Aadhaar Authentication will give a boost to ease of doing business in the country, as one will not have to wait long for the GST number for starting a new business.

At the same time, for your information, let's know that while applying for the GST number, if any applicant does not choose the option of Aadhaar Authentication for the verification of business, then the applicant may have to wait for 21 days for the registration of the GST number. At the same time, if they are given a notice for any information, then they will have to wait even longer to get the GST number. So, where it can be said that with the basis of Aadhaar Authentication, honest taxpayers will be given the facility from the government, which will make it easier to do business.