Posts

Showing posts from May, 2022

License and there uses

  What Is License? A license or permit is formal permission or authorization to do, use, or own something. A license is granted by one party to another as part of a contract between those parties. In the case of a government license, the license is obtained by applying for it. Purpose Of License A license is nothing more than permission to use land. It grants someone permission to enter another person's land for a specific purpose. It is the authority that justifies what would otherwise be considered trespass. It does not grant any right to land. Why License Is Important? You will be safe. Making sure your company is properly licensed protects you, your employees, and your customers. Having the proper license will protect your assets in the event of a lawsuit, as well as protect you if your business is harmed. Types Of License ·  Shop Act License ·  Food Act License ·  Driving License   Shop Act License A Shop Act License is a type of legal permission that allows us to legally cond

What is PAN CARD?

What is PAN CARD? o A permanent account number (PAN) is a ten-character alphanumeric identifier issued by the Indian Income Tax Department in the form of a laminated "PAN card." o Department, to any "person" who applies for it or to whom the department assigns it without an application. It is also available in the form of a PDF file. o A PAN is a one-of-a-kind identification number issued to all judicial entities identified under the Indian Income Tax Act of 1961. The income tax PAN and its associated card are issued in accordance with Section 139A of the Income Tax Act. It is issued by the Indian Income Tax Department, which is overseen by the Central Board for Direct Taxes (CBDT), and it also serves as an important form of identification. o It is also issued to foreign nationals (such as investors) on the condition that they have a valid visa, so a PAN card is not acceptable as proof of Indian citizenship. A PAN is required to file income tax returns.   Structure

Why Aadhaar Card is Important?

   Why Aadhaar Card is Important? What Is Aadhar Card? The Aadhaar card is a unique identification number linked to the cardholder's fingerprints and iris scans. The Aadhar card is issued by the UIDAI. It serves as proof of identity rather than citizenship. The card's code is a 12-digit unique number assigned by the UIDAI to Indian citizens after they complete the verification process. Indian residents of any age, gender, religion, or nationality may voluntarily enroll  to obtain an Aadhaar card. Benefits of Aadhaar Card An Aadhaar number is a one-of-a-kind number assigned to each citizen of India. It is a centralized number that is unique to each person. This card enters an individual's information into a government database. This card has become the government's primary means of providing citizen services and public welfare. While the government promotes the various Aadhaar card uses through public awareness campaigns, many users are unaware of a few of them. Advantag