Less than a year after banks and post offices were asked to set up Aadhaar facility on their premises, as many as 18,000 centres have come up for enrolment and updation of the biometric ID at such locations, UIDAI CEO Ajay Bhushan Pandey has said. Overall, about 26,000 centres are slated to come up at banks and post offices. Less than a year after banks and post offices were asked to set up Aadhaar facility on their premises, as many as 18,000 centres have come up for enrolment and updation of the biometric ID at such locations, UIDAI CEO Ajay Bhushan Pandey has said. The Unique Identification Authority of India (UIDAI) had in July last year asked private as well as public sector banks to set up Aadhaar facility in at least one out of 10 branches. “Aadhaar centres are being set up in banks and post offices. So far, about 18,000 centres have been set up in their premises and in the remaining places also, centres will be set up,” Pandey told PTI. Overall, about 26,000 cent...
B usiness for at least six months. Whenever I saw him, that's all he talked about. Eventually, I got tired of it. "What the heck are you waiting for?" I finally asked. It turns out, he thought the process of starting a business was really complicated. "I don't want to go through all that stuff," he said, "unless I'm absolutely sure my idea is perfect." Like a lot of would-be entrepreneurs, he was stalling because he was intimidated by the apparent complexity of the administrative and legal tasks involved in starting a business. So I bet him lunch that we could take care of all that in less than three hours. Keep in mind, I'm only talking about setting yourself up to do business: I'm not talking about writing a business plan (although if that's what you want to do, here's a comprehensive guide to writing a business plan ), sourcing financing, developing a marketing plan, etc. The goal is to get off square one and get on to t...
Goods and Services Tax (India) Goods and Services Tax (GST) is an indirect tax which was introduced in India on 1 July 2017 and was applicable throughout India which replaced multiple cascading taxes levied by the central and state governments. It was introduced as The Constitution (One Hundred and First Amendment) Act 2017 , [1] following the passage of Constitution 122nd Amendment Bill. The GST is governed by a GST Council and its Chairman is the Finance Minister of India . Under GST, goods and services are taxed at the following rates, 0%, 5%, 12% ,18% and 28%. [2] There is a special rate of 0.25% on rough precious and semi-precious stones and 3% on gold. [3] In addition a cess of 15% or other rates on top of 28% GST applies on few items like aerated drinks, luxury cars and tobacco products. [4] GST was initially proposed to replace a slew of indirect taxes with a unified tax and was therefore set...
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