Uttar Pradesh Labour Department automates business registration and renewals

Posted by: Sumita on June 24, 2019

The Uttar Pradesh government has removed all interaction of entrepreneurs with officials and fully automated the process of registration, issuance of fresh licenses and renewals for business units. Licenses are now being issued on the same day as filing of application. Modifications have been made in the procedure for licence and registration under Contract Labour Act, (regulation and abolition 1970), Uttar Pradesh Shops and Commercial Establishment Act (1970) and Factories Act 1948. 664 applications for licences under Contract Labour Act were received in last four months and all were disposed within 24 hours. 44,720 applications were received for new licence and renewals for shops and commercial establishments and all were disposed off same day.

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Slashing compliance burden on kirana stores and eateries

Posted by: Sumita on June 21, 2019

The Government has decided to slash the compliance burden on kirana stores (currently 28 clearances needed) and eateries (17 approvals needed currently). A long overdue move, Just 4 approvals needed to open a restaurant in China and Singapore. A Subway restaurant in Delhi has to submit 24 documents to the police, while license for a firearm needs only 13 documents!

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Reduction in Compliance burden critical to attracting global investors

Posted by: Sumita on June 18, 2019

Attracting global investment through FDI and FII is a key component to making India a USD 5 Trillion economy by 2024. For this, reducing the compliance burden is critical. Read more at "Hardselling India to investors: This three-point agenda should help" (MoneyControl, June 17, 2019)

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ESIC Reform: Contribution Burden Reduced

Posted by: Sumita on June 17, 2019

The government's move to reduce the burden of contribution from the employers (4.75% to 3.25%) and employees (1.75% to 0.75%) (See Press Release dated 13th June 2019 available at http://pib.nic.in/newsite/pmreleases.aspx?mincode=21) has helped formalisation of jobs by reducing the gap between gross wages and take-home wages and saved the industry INR 5000 crores annually. However, from a compliance perspective, this move has not changed the fundamentals of filings and returns.

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Meeting India's aspirations through EoDB 3.0

Posted by: Sumita on June 3, 2019

In an ET blog post, Sumita Kale connects the jobs challenge to EoDB 3.0, concluding with "Rationalise, Digitise, Simplify” has to be the mantra to unclog the compliance pipeline. The process of GST has to be extended across the board to other departments. We have to make it easier for formal enterprise and employment to grow and meet the aspirations of young Indians."

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Maharashtra pilots digitisation of land records

Posted by: Sumita on June 3, 2019

Maharashtra is the first state to get going with a pilot on digitising land records, and single window system, making land transactions much simpler and transparent, and significantly reducing potential for litigation. (Source: Business Standard, May 20, 2019)

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