Ease of doing business: All-in-one form for regulatory approvals in offing for entrepreneurs

The government of India notified SPICe+  web form to replace the existing SPICe form and offer 10 services by three Central government ministries and departments including Corporate Affairs, Labour & Department of Revenue in the Ministry of Finance and Maharashtra government.

Purpose of this step was intended towards saving time and cost for starting a business in India.

The 10 services included incorporation, DIN allotment, mandatory issue of PAN, TAN, EPFO registration, ESIC registration, Profession Tax registration (Maharashtra), mandatory opening of bank account for the company, and allotment of GSTIN.

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