Government of India has today announced launch of first phase of eBiz portal, bringing nearly all services offered by Government to businesses and investors through a single online window portal. The eBiz portal has been developed by Infosys under the Public Private Partnership (PPP Model) will offer an interactive tool to assess license and permit requirements to setup and operate a business in India.
The eBiz project aims to create a business and investor friendly ecosystem in India by making all business and investment related regulatory services across Central, State and local governments available on a single portal, thereby obviating the need for an investor or a business to visit multiple offices or a plethora of websites.
Among other things, the portal will allow a single application submitted by a customer, for a number of permissions, clearances, approvals and registrations, will be routed automatically across multiple governmental agencies in a logical manner. Currently, the same is extremely fragmented and the user has to fill in multiple forms at multiple places to avail the services.
The biggest benefit of this eBiz portal is the integrated inbuilt payment gateway offered to users. This universal payment gateway will allow all payments by customers to be collected at one single point and then apportioned, split and routed to the respective heads of account of Central / State / Para-state agencies along with generation of challans and MIS reports.
29 services will currently be offered by eBiz Portal
|1||Issue of Name Availability Letter||Ministry of Corporate Affairs (MCA)|
|2||Issue of Director Identification Number|
|3||Issue of Certificate for Corporation|
|4||Issue of Certificate for Commencement of Business|
|5||Issue of Permanent Account Number||Central Board of Direct Taxes (CBDT)|
|6||Filing of Returns by Companies (Form 1)|
|7||Tax Deduction Account Number of Income Tax Dept|
|8||Excise Tax Registration (Form R-1)||Central Board of Excise and Customs
|9||Filing monthly returns for production and removal of
goods (Form E.R 1)
|10||Service Tax Registration (Form ST-1)|
|11||Filing Half-yearly Service Tax Returns|
|12||Issue of Industrial Entrepreneur Memoranda||Department of Industrial Policy &
|13||Issue of Industrial License|
|14||Issue of Importer Exporter Code||Director General of Foreign Trade (DGFT)|
|15||Application for Environmental Clearance||Ministry of Environment and Forest
Infosys will launch additional 21 services by the end of third year of this 10 year long project. Also, from the fourth year onwards, the eBiz project will see more than 200 services rolled-out across the country.
India ranks lowly 132nd among 185 economies according to World Bank’s Doing Business Report 2013. With launch of eBiz portal, the persistently low rank till date should definitely improve. However, more than that, entrepreneurs will have much more stress-free time fulfilling the statutory requirements when it came to starting a business in India.
Overall a great PPP initiative and the one which is sure to propel entrepreneurship in India.
Note: I spent about an hour trying to find the url of the portal, however, it looks like it is not a separate portal, but will be integrated with the current MCA site itself (atleast that’s what my guess is as none of the PRs talk about separate portal url)Google+