The Haryana government has launched an e-Biz portal to promote ease of doing business, enable clearance of industrial projects and redress grievances of investors through a single platform in a time-bound manner.

The portal has a provision for a Comprehensive Application Form (CAF) which would have to be filled online by investors relating to gamut of issues.

The IT-based platform is expected to help in bridging the gap between the government and investors, allowing fast-track approvals by transparency in governance and ensuring immediate redressal of grievances.

New Delhi: To improve ease of doing business in the country, Commerce and Industry Minister Nirmala Sitharaman on Saturday said a start-up would now need only a certificate of recognition from the government to avail intellectual property rights-related benefits.

Earlier, a budding entrepreneur had to go through an elaborate process of approaching an inter-ministerial board to procure the IPR benefits.

"A start-up would now require only a certificate of recognition from the Department of Industrial Policy and Promotion (DIPP) and would not be required to be examined by the inter-ministerial board, as was being done earlier. This is one rapid change that we have brought in," she said here at the 'Start-up India States' Conference'.

NEW DELHI: Companies can now obtain PAN or TAN registration within a day if they submit digital signature certificate based application, thereby ensuring ease of doing business, Income Tax department said today. 

Besides, individuals can now get a new Permanent Account Number (PAN) through Aadhaar-based e-signature facility which will reduce the effective time in allotment. 
 

As the Doing Business team of World Bank is here on a two-week mission to validate data for the upcoming Doing Business Report 2017, we look at some of the major initiatives taken by the government in the last couple of years to improve 'Ease of Doing Business' in India.

New Delhi: The environment ministry has proposed the simplification of some green norms and entirely doing away with others in a move aimed at enhancing the ease of doing business and spurring the housing-for-all programme.

Simplification of green norms is an important aspect of the ease of doing business—one of the focus areas of Prime Minister Narendra Modi’s government. But critics allege the move will end up benefiting the construction industry at the cost of environmental checks.

Retirement fund body EPFO’s plan to engage private sector banks in collection of contributions may not be implemented soon as its apex decision-making body Central Board of Trustees (CBT), in its meeting last week, has decided to examine the proposal threadbare before giving a go-ahead.

The proposal, which also requires an amendment to the Employees’ Provident Fund Scheme, 1952, is aimed at accrediting more banks for collection of dues as part of “ease of doing business”, the retirement fund body said in its agenda for the 213th meeting of the central board held on July 8. It wanted to authorise three private sector banks – ICICI Bank, HDFC Bank and Axis Bank – to collect contributions efficiently and to provide hassle-free service to the establishments. “Such a step would cut down float available with the payment aggregator by two days and would lead to an earning of R15 crore annually for EPFO,” it said.

NEW DELHI: India hopes to figure among the top 100 nations in the ease of doing business ranking, counting on significant improvement achieved by Delhi and Mumbai as well as additional measures likely to be taken by the time the World Bank announces the next list in October. 

Officials said the government is hoping that India will improve its position from 130 out of 189 nations at present to within the top 100 this year and the top 50 next year. 

NEW DELHI: Uttarakhand has emerged the surprise leader of the ease of doing business ranking as per the position on the last day of submission of evidences of reforms by states. 

Uttarakhand, which was ranked 23 last year, is followed by Telangana that has improved from 13th spot, with several states becoming highly competitive even as the industrial states that get the bulk of investments languish.