Measures to improve India’s ranking in ‘Ease of Doing Business’ to top 50
Q. Which of the following are measures taken to improve India’s ranking in ‘Ease of Doing Business’ to top 50 in the world?
1) eBiz portal shall be mandated for starting a business
2) Shram Suvidha Portal shall be the only portal for filing returns, challan, etc. for EPFO & ESIC contributions
3) Work is in progress to reduce the number of days to start a business to 4.- Published on 22 Dec 16a. 1, 3
b. 2, 3
c. 1, 2
d. All of the above
ANSWER: All of the above
eBiz portal shall be mandated for starting a business which shall include three services of Ministry of Corporate Affairs, Registration for PAN and TAN and also for EPFO & ESIC.
Shram Suvidha Portal shall be the only portal for filing returns, challan and making online payment for EPFO & ESIC contributions as well as other filings and payments.
Ministry of Corporate Affairs, CBDT, Ministry of Labour & Employment will work towards reducing the number of procedures for starting a business to 4 and the number of days to start a business also to 4.
