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The Times of India
The Times of India
Business
Saurabh Sinha | TNN

Red tape to red carpet: Govt’s single window portal’s test run 99% successful; PAN likely to be single business ID on it

NEW DELHI: From next year businesses may just need to fill in their PAN on the “national single window system” (NSWS) portal being developed by the government to get approvals for new projects, buying land, licence renewals and subsequently to file all returns.

Filling the pan number will auto populate the required forms and only current figures will need to be entered. Union commerce minister Piyush Goyal said the ongoing beta testing for this portal has had an efficiency rate of 99.3% with 76,000 applications submitted on the same (only 549 faced glitches) and over 48,000 of them getting approved.

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