Business

The “One Nation One Ration Card” (ONORC) Scheme was launched by the Department of Food & Supplies and Consumer Affairs, Ministry of Consumer Affairs, Food & Public Distribution in 2018. It is a national Ration Card portability scheme to ensure food security for all including internal migrants within India. It enables migrant workers and their family members to access PDS benefits from any Fair Price Shop anywhere in the country, thus ensuring the food security through the inter-state portability of ration cards under the National Food Security Act, 2013 (NFSA). A Fair Price Shop (FPS) is a public ration store licensed under Section 3 of the Essential Commodities Act of 1955. Ration card details and entitlements are available online on any ePoS device in the country. It includes both inter-State and intra-State (inter-district/intra-district) portability of ration cards.Assam is the 36th State to implement the One Nation One Ration Card (ONORC) scheme. The ONORC plan has successfully been implemented in all 36 States/UTs making food security portable throughout the country. The government has launched a mobile app, namely ‘MERA RATION’ for acquiring the maximum benefit of the ONORC plan. The mobile app shall provide the user with real-time information. It is available in 13 languages. As per the official website of National Food Security Portal, there are more than 20 crores Ration Cards issued through more than 4.5 lakh POS enabled Fair Price Shops. Features of One Nation One Card This card can be used to purchase tickets for any public transport. The card can be used for shopping. The card can be used for digital payments and cash withdrawals. The money would be debited from the card automatically whenever any service is used by the cardholder. It saves time to pay for a bus or a metro ticket. The cardholders need not wait in long queues on the ticket counters. The cardholder can recharge the card online. The card can be used both as a debit and a credit card. The card can be used for making payments at toll plazas and to park vehicles. The card offers cashback on making bill payments and other similar offers. A cardholder can avail 5 per cent cashback at ATMs and 10 per cent cashback at merchant outlets while travelling abroad. The card is assisted by indigenously developed Automatic Fare Collection Gate ‘Swagat’ and an Open Loop Automatic Fare Collection System ‘Sweekar’. Both these initiatives were launched by the Prime Minister. Benefits It will benefit approximately 81 crores beneficiaries by digitizing Ration Cards. This system allows all NFSA beneficiaries, particularly migrant beneficiaries, to claim either full or part food grains from any Fair Price Shop (FPS) in the country through an existing ration card with biometric/Aadhaar authentication in a seamless manner. With the ONORC, all the beneficiaries in one state can get the same fair rations in other states where the ration card was issued. The scheme will ensure food security of migrant laborers who move to other states to seek better job opportunities. It will improve the mechanism to identify fake/duplicate ration cards. It seeks to provide universal access to PDS food grains for migrant workers. Ration card portability will be achieved by implementing an IT-driven system that installs ePoS devices in each Fair Price Shop (FPS). The ONORC will also help achieve the target set under SDG 2: Ending hunger by 2030. Eligibility The scheme is eligible to all ration cardholders or beneficiaries covered under the National Food Security Act (NFSA), 2013 with Aadhaar Card numbers seeded. Documents Required Ration Card Aadhar Card Application Process The interested person must provide their ration card details at the closest Fair Price Shop. Recipients can visit any Fair Price Shop in the nation with their Aadhaar number or their ration card number. Any family member who has seeded their Aadhaar number on their ration card is eligible for authentication and to have their ration lifted. Beneficiary have the option to use their iris or fingerprints for Aadhaar authentication. FAQs My allotted Fair Price Shop (FPS), does not give me the ration. Can I claim ration from any other FPS? Yes, the schemes allows you to claim ration from other FPS if your Aadhar is seeded to Ration Card. How do I know if I am NFSA Beneficiary? You can check on https://nfsa.gov.in/portal/ration_card_state_portals_aad

Internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. These types of audits ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection. Internal auditors are hired by companies who work on behalf of their management teams. These audits also provide management with the tools necessary to attain operational efficiency by identifying problems and correcting lapses before they are discovered in an external audit. Internal Audit An internal audit occurs within an organization. So an independent auditor or team of auditors, who are actually employees of the organization, will review the financing, accounting and operating activities of the organization. It is actually a part of the internal control system of the company. For most organizations, the appointment of an internal auditor is completely mandatory. However, according to Rule 13 of the Companies (Accounts) Rules 2014 the following classes of companies are required by law to carry an internal audit, Every company listed on the stock market Every unlisted public company that has Paid up capital exceeding 50 crores in the previous year Turnover greater than 200 crores in the previous year If at any point in the previous year if outstanding loans and liabilities exceeded 100 crores Outstanding deposits exceeds 25 crores in the previous year And every private company that, Has a turnover of more than 200 crores in the previous year If at any point in the previous year if outstanding loans and liabilities exceeded 100 crores Objectives of Internal Audit 1. Proper Control One of the main objectives of an internal audit is to keep stringent control over all the activities of an organization. The management needs assurance of the authenticity of the financial records and the efficiency of the operations of the firm. An internal audit helps establish both. 2. Perfect Accounting System An internal audit keeps a very close check on the accounting system of an organization. It checks everything from the vouchers, to the authority of transactions to mathematical accuracy. All entries are verified against documents and other proof. Chances of mistakes or frauds are greatly reduced. 3. Review of Business The purpose of an internal audit is to keep a check on the financial and operational aspects of a business. So as the current financial year is ongoing, internal audit can point out the mistakes, weak points, and strengths of the business. This will allow an ongoing review, instead of waiting till the year-end. 4. Asset Protection In the process of internal audit, there is always a valuation and verification of an asset. There is also a physical verification of the ownership and possession of the asset. And in case of special transactions like sale, purchase or revaluation of the asset, the authorization of this is also audited in an internal audit. So the assets enjoy complete protection. 5. Keeps a Check on Errors In a financial audit, the auditor will be able to determine if any mistakes were made in the financial records. But this only happens at the end of the financial year. And the mistakes are corrected thereafter. But in case of an internal audit, the mistakes are spotted as soon as they are made, and corrected immediately. 6. Detection of Fraud In case the company has an internal audit in place, the detection of fraud becomes much easier. This is because there is a year-round check on the employees. In fact, an employee is less likely to attempt fraud in the presence of an internal auditor. He will not have any time gap between the occurrence of fraud and its detection to cover it up. This will dissuade employees from committing fraud. Characteristics of Internal Audit An internal audit is performed to ensure that the system of internal controls instituted by a company’s management is functioning as intended by its key managerial personnel and for the welfare of its members. It considers whether the business practices deployed by the company’s officers help to manage the business prudently and meet the organisation’s strategic objectives. It can cover both operational as well as financial issues. However, the internal audit process is generally understood to be limited and managed by any qualified person who can audit the governance of an organisation and the methodology by which it assesses and manages the risks it faces in the dynamic business environment. The internal auditor using this process is responsible for reporting to the management or audit committee of the company. Even though operating independently from other departments and involves reporting directly to the audit committee, internal audit is a function that remains within an organisation, i.e., the company’s employees. It involves performing audits of both financial and non-financial nature within a wide range of business areas, including those directed by the annual audit plan. It deals with the main risks facing the business and the action being taken to manage those risks effectively so that the organisation can achieve its various objectives. For example, the internal audit process evaluates risks threatening a company’s reputation, such as the employment of cheap labour in foreign countries, or strategic risks, such as producing too many products in comparison to available resources. It is limited to an organisation’s governance, management controls over its operations, and risk management. It is conducted based on the personal resolve of the business owners to measure the operation’s efficiency as conducted by the business. Benefits of Internal Audit Proper Accounting Systems: Internal audits introduce an appropriate system of accounting. An accounting system comprises of a chain of activities in a company by which transactions are processed to maintain financial records. To achieve desirable results, orderly devices are required, which can be achieved through internal auditing. Better Management: It ensures better business management in the organisation. An auditor can point out areas of weakness in management. The business objectives can be achieved if there is proper internal control, internal check, and internal audit. It should be noted that management has the option to completely rely on internal audit

Birth Certificate Odisha is a document that lists the particulars of a person’s birth, including name, date of birth, place of birth and parentage. The certificate is issued by the government or an authorized body and is required for various purposes such as identification, travel and residency. In Odisha, the birth certificate registration process is thorough and takes around six weeks to complete. The birth certificate online Odisha process is making the entire process easier and more accessible. Registration of Birth & Death Act, 1969 All births have to be registered with the concerned state governments within 21 days of its occurrence at the place of the event in the prescribed form of reporting. If the birth registration is not done within 21 days from its occurrence, then an affidavit must be filed stating the reason for the delay in registration. In a circumstance where a child is born in a foreign country, and the family has moved to India with an intent to settle, the registration can be done within 60 days which will be treated the same as the registration occurring within 21 days. Purpose of Birth Certificate A birth certificate serves as an official document that records the birth of a child. Its primary purpose is to establish legal identity and citizenship, providing essential information about the individual’s birth, including date, time, and place. This document is crucial for various administrative and legal purposes, such as obtaining government services, enrolling in educational institutions, applying for passports and visas, claiming benefits and entitlements, and proving age for employment or marriage. Here are a few major points to consider: Legal Identity: A birth certificate provides concrete evidence of a person’s identity, including their full name, date of birth, place of birth, and parentage. It is often required as proof of identity for various official purposes, such as obtaining a passport, driver’s license, or other government-issued identification documents. Citizenship and Nationality: Birth certificates are crucial for determining citizenship and nationality. They serve as primary evidence of a person’s nationality, especially in cases where citizenship is acquired by birthright or descent. Access to Government Services: Birth certificates are necessary for accessing a wide range of government services and benefits, including social welfare programs, healthcare services, education, and employment opportunities. They may be required for enrollment in schools, applying for government jobs, or claiming benefits such as pension or insurance. Legal and Financial Transactions: Birth certificates are often required for various legal and financial transactions, such as opening bank accounts, applying for loans or mortgages, entering into contracts, and executing wills or estate planning documents. Family and Genealogical Records: Birth certificates serve as vital records for maintaining family and genealogical histories. They provide essential information about lineage, parentage, and familial relationships, aiding in tracing ancestry and establishing family connections over generations. Healthcare and Medical Records: Birth certificates are used in healthcare settings to maintain medical records and track health histories. They are necessary for obtaining medical treatment, vaccinations, and accessing health insurance coverage. Registration of Birth Births in a Hospital or Nursing Home: Any person authorised by the medical institution is eligible to register the birth. Birth in a house: The head of the household is eligible to register the birth with the concerned authority. Birth in a public place: The head of the corresponding village or the officer in charge of the local police station in the area is eligible to register the birth. Difference Between Requirement of Birth Registration and Birth Certificate Aspect Birth Certificate Birth Registration Definition Official document issued after birth by government authorities, containing vital information like full name, date/place of birth, and parents’ names. Process of recording individual’s details (e.g., name, age, residence) in an official registry or database, typically required by government or organizational entities. Purpose Serves as concrete proof of identity, citizenship, and birth details, essential for various official transactions. Primarily serves administrative purposes, aiding in record-keeping and organizational processes. Process Obtained through government channels, either online or in-person, with necessary documentation and fees. Involves providing personal information during formal registration processes, often requiring formal verification. Information Recorded Comprehensive details including full name, date/place of birth, and parents’ names, providing a detailed record of the birth event. Registers basic personal information like name, age, and residence, often with additional pertinent details. Method of Application Various methods available, including online portals, government offices, and designated centers. Conducted as part of formal registration processes, with information submitted directly to the registering entity. Importance Vital for establishing legal identity, citizenship, and other entitlements, serving as primary evidence for personal details and official transactions. Facilitates administrative processes, ensuring accurate documentation of individuals for government and organizational purposes. Required Documents Poof of birth that identifies the location of birth. Marriage certificate of the parent, optional. Goanburah certificate (Residence Proof). Parents’ identity proof. Any other document (if required). Eligibility Criteria Any applicant who is the citizen or NRI born in the state is eligible for availing the birth certificate in the state. A birth certificate is issued to the parents in favour of a child by registration of birth at the concerned authority Fee structure The below following charges are applicable for registering a birth in the state: Time Period Fees Registered within 21 days of birth Rs.2/- Registered after 21 days of birth Rs.5/- Registered after 30 days and within 1 year of birth Rs.5/- Registered after 1 year of birth Rs.10/- Registration of Odisha Birth Certificate Online Registration of Odisha Birth Certificate To apply for a birth certificate in Odisha through the e-Municipality portal, follow these step-by-step guidelines: Visit the official e-Municipality website of Odisha to initiate the birth registration. Click on the “Login” button and provide the username and password on the main home page. Choose the “District” and “ULB” from the drop-down list on the home page. Navigate to the Citizen Services option under “Birth and Death” on the home page. Search using the registration number or other details and click on the “Search” button. Click on the “Apply for Birth

 Partnership firm is a popular choice among entrepreneurs due to its simplicity and flexibility. It allows multiple individuals to come together and combine their resources, skills, and expertise to run a business. Registering your partnership firm is the first step towards formalizing your partnership and ensuring its legal recognition. A partnership firm is one of the most important forms of a business organization. It is a popular form of business structure in India. A minimum of two persons are required to establish a partnership firm. A partnership firm is where two or more persons come together to establish a business and divide its profits amongst themselves in the agreed ratio. The partnership business includes any kind of trade, occupation and profession.  The Indian Partnership Act, 1932 governs and regulates partnership firms in India. The persons who come together to form the partnership firm are knowns as partners. The partnership firm is constituted under a contract between the partners. The contract between the partners is known as a partnership deed which regulates the relationship among the partners and also between the partners and the partnership firm. Partnership Firms A partnership stands as one of the fundamental structures for conducting business. It materializes when two or more individuals collaborate to establish a business venture, sharing profits according to an agreed-upon ratio. This form of business encompasses a broad spectrum of trades, occupations, and professions. A notable advantage is that partnership firms entail relatively fewer regulatory requirements than companies. Law Governing the Partnership Firms Registration In India, the operation of partnership firms is governed by the Indian Partnership Act of 1932. Those who unite to create a partnership firm are referred to as partners, and the formation of the partnership firm is based on a contractual agreement among these individuals. The agreement among partners is commonly referred to as a “partnership deed.” Partnership Deed A partnership deed is a legal document that outlines the terms and conditions of a partnership. It includes details such as the rights and duties of partners, the distribution of profits, individual capital contributions, and the partnership’s duration. This document is significant as it helps prevent misunderstandings and conflicts among partners by clearly defining their roles and responsibilities. Moreover, it serves as proof of the partnership’s existence and can be used in legal proceedings to resolve disputes. Partnership Firm Registration Partnership registration involves the formal registration of a partnership firm by its partners with the Registrar of Firms. This process typically occurs in the state where the firm is located. It’s important to note that partnership firm registration is not mandatory; it’s optional. Partners can choose to apply for partnership deed registration at the time of forming the firm or later during its ongoing operations. For partnership deed registration to take place, two or more individuals must come together as partners, agree on a firm name, and create a partnership deed. Advantages of Partnership Firm Easy to Incorporate The incorporation of a partnership firm is easy as compared to the other forms of business organisations. The partnership firm can be incorporated by drafting the partnership deed and entering into the partnership agreement. Apart from the partnership deed, no other documents are required. It need not even be registered with the Registrar of Firms. A partnership firm can be incorporated and registered at a later date as registration is voluntary and not mandatory. Less Compliances The partnership firm has to adhere to very few compliances as compared to a company or LLP. The partners do not need a Digital Signature Certificate (DSC), Director Identification Number (DIN), which is required for the company directors or designated partners of an LLP. The partners can introduce any changes in the business easily. They do have legal restrictions on their activities. It is cost-effective, and the registration process is cheaper compared to a company or LLP. The dissolution of the partnership firm is easy and does not involve many legal formalities. Quick Decision The decision-making process in a partnership firm is quick as there is no difference between ownership and management. All the decisions are taken by the partners together, and they can be implemented immediately. The partners have wide powers and activities which they can perform on behalf of the firm. They can even undertake certain transactions on behalf of the partnership firm without the consent of other partners. Sharing of Profits and Losses The partners share the profits and losses of the firm equally. They even have the liberty of deciding the profit and loss ratio in the partnership firm. Since the firm’s profits and turnover are dependent on their work, they have a sense of ownership and accountability. Any loss of the firm will be borne by them equally or according to the partnership deed ratio, thus reducing the burden of loss on one person or partner. They are liable jointly and severally for the activities of the firm. Disadvantages of Partnership Firm Unlimited Liability The biggest disadvantage of the partnership firm is having an unlimited liability of the partners. The partners have to bear the loss of the firm out of their personal estate. Whereas in a company or LLP, the shareholders or partners have liability limited to the extent of their shares. The liability created by one partner of the partnership firm is to be borne by all the partners of the firm. If the firm’s assets are insufficient to pay the debt, then the partners will have to pay off the debt from their personal property to the creditors.  No Perpetual Succession The partnership firm does not have perpetual succession, as in the case of a company or LLP. This means that a partnership firm will come to an end upon the death of a partner or insolvency of all the partners except one. It may also be dissolved if a partner gives notice of dissolution of the firm to the other partners. Thus, the partnership firm can come to an end at any time. Limited Resouces The maximum number of partners in a partnership firm is

Registration process might take time depending on the type of company and documents submitted. During this time, people tend to worry a lot about the status of their application. As the registration certificate is a mandatory document to start their own business in India. Ministry of Corporate Affairs The Ministry of Corporate Affairs is responsible for maintaining the records of all the companies which have ever been registered. It also maintains the records of all the companies whose registration applications are under investigation or pending for allotment. MCA keeps a record of all types of companies like Private Limited Company, Public Limited Company, One-person Company, and Limited Liability Company. So, it doesn’t really matter what company status you have sought registration for since the process to know the status of your application remains the same.By accessing the MCA portal, you can find all the information related to the company which neither harm’s the interest of the company nor are confidential in nature. The following information will be displayed if you access the MCA portal to check the status of your company registration process. Corporate Identification Number (CIN) The name of the company Type of company Date of registration/incorporation The class of company Members associated with the company Paid-up capital and authorised capital Email and mobile number registered during the incorporation process Charge on the company Details about the directors/owners of the company Status of the company Is the company is listed or not ROC code Charges on the company Signatory details Financial Statements Charges on the company: with this, you will have all the information related to the creditor and lenders. It will also display if they have created any charges on the company. Signatory details: with this search, you can access information about the owners and directors of the company. The information displayed will consist of DIN (Director Identification Number), name and address of the director/owner, appointment date of both along with designation. The information displayed will also contain details about the digital signature of the director/owners.Apart from the list mentioned above, you can also access the balance sheets, annual returns and other documents. However, to access these documents, you need to pay a minimal charge and then only you will be able to access the documents. Reasons for checking Company in MCA Legal compliance: All companies in India are required to be registered with the MCA and comply with various legal and regulatory requirements, including the filing of annual returns, financial statements, and other documents. By checking if a company is registered with the MCA, you can ensure it complies with these legal requirements. Verification of company details: The MCA maintains a database of all the companies registered in India, along with their details, such as the company’s name, address, directors, and shareholders. By checking the MCA records, you can verify a company’s authenticity and ensure its details are accurate. Business transactions: If you plan to do business with a company, such as entering into a partnership or signing a contract, verifying its registration status with the MCA is essential to ensure it is a legitimate company. Financial information: The MCA records also contain information about a company’s financial status, such as its authorized and paid-up capital and any charges or mortgages the company has created on its assets. By checking this information, you can better understand a company’s financial position and make informed business decisions. A step-by-step guide to check the company registration status Go to the MCA website at https://www.mca.gov.in/ Click the “MCA Services” tab and select “View Company or LLP Master Data.” Enter the name or CIN (Corporate Identification Number) of the company you want to check. Click on the “Search” button. If the company is registered with the MCA, you can see its details, including its name, CIN, date of incorporation, registered office address, directors, and other information. CIN Name of Company ROC code Company registration number Company Category Class of company Date of Incorporation Authorized and paid-up capital Date of incorporation Number of Members Registered company address and e-mail Assets under charge Information of all the directors of the company FAQs What is the MCA? The Ministry of Corporate Affairs (MCA) is a government body responsible for regulating companies and Limited Liability Partnerships (LLPs) in India. It oversees company registration, compliance, and corporate governance. What is a CIN? A Corporate Identification Number (CIN) is a unique 21-digit alphanumeric code assigned to each company by the Registrar of Companies (RoC) when the company is registered under the Companies Act.

The National Savings Certificate (NSC) is a secure investment option provided by the Government of India through post offices. It offers reliable returns and significant tax benefits under Section 80C of the Income Tax Act, making it a popular choice among risk-averse investors. A Government of India initiative, the National Savings Certificate (NSC) is a fixed-income investment scheme that you can open easily with any post office. What is National Savings Certificate The National Savings Certificate (NSC) is a fixed-income investment scheme that you can open with any post office branch. This is an initiative by the Government of India and encourages subscribers – mainly small to mid-income investors – to invest while saving and also saving on income tax. National Savings Certificate is a savings bond scheme that encourages subscribers, primarily small to mid-income investors, to invest while saving on income tax under Section 80C. Features & Benefits of NSC Here are some of the significant features of NSC scheme- Interest Rates : The certificates earn an annual fixed interest, which is revised every quarter by the government, thus guaranteeing a regular income for the investor. Maturity Period : The scheme originally had two types of certificates – NSC VIII Issue (5 year tenure) and NSC IX Issue (10 year tenure). With the discontinuation of the latter in December 2015, only the former issue is available for subscription. Tax Saver: As a government-backed tax-saving scheme, the principal invested in NSC qualifies for tax savings under Section 80C of the Income Tax Act up to Rs. 1.5 lakhs annually. Investment Flexibility : You can invest as small as Rs. 100 as an initial investment with no maximum limit. Accessible: It can be easily bought from any post office on submission of required KYC documents. Also, it is easy to transfer the certificate from one PO to another as well as from one person to another without impacting the interest accrual/maturity of the original certificate. Loan Collaterals: NSC certificates are accepted as collateral or security for secured loans in Banks and NBFCs. In such a case, a transfer stamp is put on the certificate and transferred to the bank while disbursing loans. Power of Compounding: Interest earned gets compounded annually and reinvested by default but will be payable only at maturity. Nomination: The investor can nominate any family member (even a minor) so that they can inherit it in the case of an unfortunate event of the investor’s demise. Corpus on Maturity: The investor will receive the entire corpus value on maturity. As there is no TDS on NSC payouts, the subscriber should pay the applicable tax on it while filing his Income tax returns or paying his advance tax. Premature Withdrawal: Generally, one cannot exit the scheme early except on the death of an investor, on a court order, or on forfeiture by a pledgee who is a Gazetted Government Officer for it. NSC Interest Rate History Financial Year  April-June July-September October-December January-March 2023-2024 7.7% 7.7% 7.7% 7.7% 2022-2023 6.8% 6.8% 6.8% 7.0% 2021-2022 6.8% 6.8% 6.8% 6.8% 2020-2021 6.8% 6.8% 6.8% 6.8% 2019-2020 8.0% 7.9% 7.9% 7.9% 2018-2019 7.6% 7.6% 8.0% 8.0% 2017-2018 7.9% 7.8% 7.8% 7.6% 2016-2017 8.1% 8.1% 8.0% 8.0% Tax Benefits of NSC Investment While there is no upper limit on the amount that can be invested in NSC, only investments of up to Rs.1.5 lakh a year can earn a subscriber a tax deduction under Section 80C of the Income Tax Act of 1961. Furthermore, the interest earned on the certificates is also added back to the initial investment and qualify for a tax break as well.  Furthermore, for the first four years, the interest gained on NSC is assumed to be reinvested (i.e. put back to the initial investment) and so eligible for a tax credit, subject to the overall annual limit of 1.5 lakh. The interest earned in the fifth year, however, is not re-invested and is thus taxed at the investor’s applicable slab rate. Who Should Invest in NSC? The NSC offers guaranteed interest and complete capital protection, just like some other fixed income instruments – Public Provident Fund and Post Office FDs. However, they cannot deliver inflation-beating returns like tax saving Mutual Funds and National Pension Systems. Basically, the Government has promoted the National Savings Certificate as a savings scheme for Indian individual citizens. Eligibility Criteria for NSC Hindu Undivided Families (HUFs), Trusts, Private and public limited companies are not eligible to invest in NSC. The individual must be an Indian citizen. Non-resident Indians (NRIs) are not eligible to invest in NSC. There is no age limit for individuals in order to purchase a certificate. Documents Required to Apply for NSC Investors are required to submit: Identity proof, such as a passport, permanent account number (PAN) card, driver’s license, senior citizen ID, or any other official government identification Photograph. Address proof, like electricity bill, passport, phone bill, or bank statement How to Invest in NSC To invest in NSC offline, follow the listed steps:   Step 1: Collect the NSC application form online or at any post office.  Step 2: Fill out the form with all the details.  Step 3: Submit the form with self-attested copies of the required KYC documents.   Step 4: Take the original documents for verification and pay the amount you want to invest. Step 5: Upon approval, collect the NSC of your application.   How to Apply for NSC Online Step 1: Open Department of Posts (DOP) net banking and log in.  Step 2: Under ‘General Services’, select ‘Service Requests’.  Step 3: Click on ‘New Requests’ and choose ‘NSC Account – Open an NSC Account (For NSC)’.  Step 4: Enter the deposit amount and choose the debit account linked to the PO savings account.  Step 5: Choose ‘Click Here’ to run through the terms and conditions. Accept them once done.  Step 6: Enter the transaction password and click on ‘Submit’.  Step 7: The deposit receipt will be there to view and download.  Step 8: Login and click on ‘Accounts’ to view the details of your NSC account. FAQs Is NSC Interest Taxable? NSC Interest is taxable under “Income from Other Sources”. Though, in the initial 4 years, interest is reinvested and, thus, can be claimed

Jaipur, the capital city of Rajasthan, is known all over the world for its palaces, medieval forts, and cultural festivals. With time, the city has beautifully amalgamated its age-old culture with modern infrastructure. Now, you can see modern bikes and cars running on the well-maintained roads of the city. If you are zooming around in your vehicle in Jaipur, you need to follow certain rules. One such regulation is possessing a valid Driving Licence (DL) to drive/ride motor vehicles. Thus, DL holders must renew their licence before its expiry to keep it active. Validity of Driving Licence The validity of the driving licence is given below: S.No Type of Vehicle Validity 1. Transport Vehicle 3 years 2. Non-Transport Vehicle 5 years Note: If driving Licence expired more than 5 years ago, a new driving test would be conducted for renewal of the License. Documents Required opy of applicant’s medical certificate. Proof of age: Any valid government-issued document like Aadhar card, PAN card, passport, voter ID card etc. have to be enclosed. Address proof: passport, driving licence, electricity bill, phone bill, lease agreement etc. Passport size photographs of the applicant have to be furnished. Copy of valid permanent driving licence has to be submitted. In the case of the address change, a permanent licence holder should update the same within one month at the RTO/RTA. Also, the person can visit the RTO office, which issued the original licence or at the nearest regional office or can apply online to modify the address. If the permanent driving licence holder has relocated to another state, then the licence holder from another state also has to submit a copy of NOC issued. Offline Application Procedure A driving license can be renewed using the form no. 9 that the applicant needs to fill with the required details and submit at the Regional Transport Office (RTO) along with the documents required to update or renew the driving license. This application form will be checked by the concerned authority of the RTO to understand the specifics of the applicant current driving license. A renewed driving license can be downloaded from online or can also be obtained from your nearby RTO office. Online Application Procedure Step 1: The applicant needs to access the official portal of Sarathi, Ministry of Road Transport & Highways. Step 2: Select the respective state from the list of the state shown  Step 3: Click on “Apply Online” and select “Renewal of Driving Licence” to apply for driving licence renewal. Step 4: On the next page, read the following instructions carefully and click on the “Continue” button to proceed further. Step 5: Now, enter the details of driving license number, date of birth, category of driving licence holder, state, RTO and Pincode and then click on the “Proceed” button. Step 6: The details of the driving licence page is shown to verify the details displayed and click on “Confirm” button to proceed. Step 7: Select the required service and click on the “Proceed” button, then data accepted successfully message will be shown. Step 8: The acknowledgement form will be generated with the applicant details and the service requested (Renewal of Driving License) and click on the “Proceed” button to proceed further. Step 9: Click on “Upload Documents” button to upload the required documents and click on the “Next” button. Step 10: Press the “Ok” button to continue for uploading the documents. Step 11: Select the address proof from the documents list, upload the same and click on the “Submit” button. Step 12: Select the “Fee Payment” and click on “Next” to make the fee payment. Step 13: In the application fee window, calculate the fee and select the bank from bank or gateway and provide the captcha and click on “Pay Now” for continuing the payment process. Step 14: Upon successful payment, the acknowledgement message for payment successful will be shown. Click on the “Print Receipt” button to generate payment receipt. FAQs Can I use my Aadhaar Card as proof of address for DL renewal in Jaipur? Yes, you can provide a copy of your Aadhaar Card as proof of address while applying for DL renewal in Jaipur. When do I need to present a Medical Certificate for private vehicle DL renewal in Jaipur? For non-transport or private vehicles, a Medical Certificate is required only if you are applying after the age of 40 years.

A birth certificate is an important official document that validates the birth place, date of birth, name, and gender of an infant. In other words, it proves the existence of a person.  To avail benefits under social welfare schemes. To validate the identity. To get a driving license. To get admission in a school. It also acts as a proof for the right to vote. What is a Birth Certificate? A birth certificate in India is an essential official record that documents an individual’s birth. It includes important details such as the person’s full name, their parents’ names, date of birth, place of birth, and gender. It is issued under the Registration of Births and Deaths Act, 1969 and must be registered within 21 days in India. It provides legal proof of identity, age, and citizenship, with fines applicable for late registration. Benefits/Uses of a Birth Certificate Obtaining Government-Issued Documents: A birth certificate is necessary for applying for other critical government-issued documents, such as driving licences, AADHAR cards, or passports. These documents are vital for accessing services, travelling, and engaging in everyday activities. Access to Social Welfare Schemes: A birth certificate is essential for enrolling in various government social welfare programs, including subsidies, scholarships, and healthcare benefits. It acts as a foundational document to verify eligibility, ensuring that citizens can access the support they are entitled to. Proof of Identity: The birth certificate serves as an official record of an individual’s identity, providing details such as full name, date of birth, and parents’ names. It is often required in various situations, like opening a bank account, registering for utilities, or applying for a job, to confirm identity. School Admissions: When enrolling a child in school, a birth certificate is typically needed to verify the child’s age and identity. This ensures that children are placed in the correct grade level and meet the required age criteria for admission. Inheritance and Property Rights: In legal matters concerning inheritance or property disputes, a birth certificate can be crucial evidence. It establishes a person’s lineage and identity, which is often required to prove entitlement to property or assets. Voter Registration: A birth certificate is required for registering to vote, as it provides proof of age and citizenship. This document enables individuals to participate in elections and engage in the democratic process. Birth Certificate Registration The government appoints a Chief Registrar of births and death who is responsible to unify, coordinate, and supervise all the work related to registration. Not only this, but also the works of local registration centers supervised by registrars and sub registrars of births and deaths who have experience at the grass root level. The process of obtaining a Birth Certificate in India begins with registering the birth. This is a critical step that must be completed promptly to ensure the document is issued without complications. Ideally, births should be registered within 21 days from the date of birth. If the registration is completed after this period, a late fee is usually imposed. Place of Registration Birth registration should be made in local ward offices by the place of birth or to be done at the Head Office of the Health Department, if the registration is delayed for more than one year. Government Fee As stated clearly by the Registration of the Birth and Death Act, 1969 Act, the local bodies should issue the birth certificate free of cost for the births reported within 21 days of its incidence. Provision of information to the authority after 21 days but within one month attracts a penalty of Rs.2 for late registration, and the application should be made as per the prescribed format. If providing data for registration after 30 days and before one year, a permission letter from Additional Health officer must be submitted along with a late fee of Rs.5. A delay of 1 year in registration requires an order from the Deputy District Magistrate. The registration fee for the birth certificate, which is Rs.5 and a late charge of Rs.10, is charged at the Head office of the Health Department to acquire the certificate. Documents Needed to Register a Birth Certificate in India Birth Certificate from the Hospital: This is an official document provided by the hospital where the birth took place. It serves as proof that the birth occurred and includes basic details such as the date and time of birth. Statement of Birth from the Hospital or Birthplace: This is an additional document issued by the facility where the baby was born. It includes details about the birth and confirms the information provided by the hospital. Parents’ Marriage Certificate: This document verifies the marital status of the parents. It is required to establish the legal relationship between the parents and the child. Parents’ Identification Documents: Valid identification proofs of both parents, such as passports, driving licences, or Aadhar cards, are required to confirm their identity. Aadhar Card: For both parents, if available, the Aadhar card is used to verify their identity and residency status. How to Apply for a Birth Certificate? Offline Application Step 1: Go to your local Registrar’s office Step 2: After the birth of a child, the medical officer in charge will provide the registration form for a birth certificate. You need to fill out this form accurately. Step 3: Along with the completed registration form, submit necessary documents such as birth reports and identity proof for verification. Make sure to bring all required documents, including your Aadhar card, proof of qualification, and proof of address. Step 4: Supply detailed information about the birth, including the date and place of birth, to the registrar or official at the office. Step 5: Pay the registration fee as required. Step 6: After payment, the Registrar will verify the submitted documents. Step 7: Once the verification process is complete, the Registrar will issue the birth certificate to the applicant. Online Application Step 1: Go to the official Birth and Death Registration website at https://crsorgi.gov.in/web/index.php/auth/signUp. This site provides a platform for managing and tracking birth certificate applications. Step 2: Download and print the application form from the website. Fill it

Rajasthan drug license is a document of permission for carrying out businesses related to pharmaceutical industries that deal with drugs, medicines and cosmetics. The government of Rajasthan issues drug licenses to regulate the manufacture, storage, distribution and sale of drugs. Rajasthan Drug License is issued under the Drug and Cosmetics Act of 1940 to the person dealing with drugs. As per this act, it is mandatory to obtain a drug license before the commencement of the drug business. Meaning of Drugs Section 3(b) of the Drugs and Cosmetics Act,1940 defines “drug” to include all medicines and devices for the use of human beings or animals internally or externally, and all substances planned to be used for or in the diagnosis, mitigation, treatment, or prevention of any disorder or disease in animals or human beings, including preparations applied on the human body for the purpose of repelling insects like mosquitoes; it also includes all substances that can be used for the destruction of insects and all components of a drug – like empty gelatin capsules. The definition was amended in 1964, to include Ayurvedic and Unani Drugs. Importance of Rajasthan Drug License The Rajasthan drug license gives the permit to sale, resale, market, manufacture, trade, etc. of drug and cosmetics. Without a drug license, no person can do pharmacy business or even start to associate with any dealings in Rajasthan. To ensure the good health of our nation through adequate access the drugs and medicines, the Drugs & Cosmetics Act made it mandatory to obtain a drug license Rajasthan drug license also ensures that the drugs and goods are not misused or abused by any individuals Dealing with drugs and cosmetics without a drug license is a cognizable offence. Every business person in the pharmacy industry needs to have their drug incense to carry out their day-to-day business work. Rajasthan drug license contains the rules and regulations for the person who is dealing with drugs and details of the business premises. Purpose of Drug Licence The access to medicines and drugs must be restricted and regulated to ensure that such goods are not abused or misused by individuals. Thus, all pharmacists, wholesalers, retailers, manufacturers, sellers, dealers and importers of drugs, cosmetics, ayurvedic, Siddha and Unani drugs have to mandatorily obtain drug license under the Drugs and Cosmetics Act, 1940. The purpose of the drug license is to grant permission to allow enterprises or individuals to engage in businesses related to drugs and cosmetics. No enterprise or individual can operate a business dealing in drugs, medicines or cosmetics without obtaining a drug license in India. In addition to a drug license, they must also obtain a trade license and a shop and establishment registration. The Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945, help the government regulate and monitor the quality of drugs sold in India. The government exercises control over drugs from the raw material stage during manufacture, sale, distribution and till it is sold on to a patient or consumer by a pharmacist in a retail pharmacy, hospital or dispensary. The government also exercises control in the aspects related to import and export of medicines, sale of the drug to a minor, consumption of schedule H & X drugs, etc., that requires thorough monitoring and cautious execution. The drug license is granted by the drug controlling authority under the Drugs and Cosmetics Act, 1940. Who needs a Drug License? Businesses with any cosmetics intended to be poured, sprinkled, rubbed or introduced into the human body or for cleansing, beautifying, promoting attractiveness, or altering the appearance of a Human must obtain a Rajasthan Drug license. It is essential to obtain a Drug license to deal with medicines which are used for external or internal use of human beings or animals Manufacturing and distribution drugs/cosmetics applied to the human body to repel insects like mosquitoes also need Rajasthan drug license. Businesses with substances used for the destruction of insects which cause disease in human beings should obtain a drug license. A Rajasthan drug license is essential for dealing with empty gelatine capsule To manufacture, store and distribute the medicines used for diagnosis, treatment, mitigation or prevention of disease or disorder in human beings or animals, need a Rajasthan drug license Types of Drug License Manufacturing License– License issued to a business that manufactures drugs inclusive of allopathic/homoeopathy medicines. Sale License – License issued for the sale of drugs. It has the following bifurcations: – Wholesale Drug License – Retail Drug License Wholesale License – A drug wholesaler must obtain a wholesale licence. Wholesale means the sale of the drug to a person/retailer to further sell it. Retail License – A retail license is required for the retail sale of drugs. A retail sale means the sale of drugs or cosmetics for the consumption of the end consumer. Retailers can sell it to a dispensary, hospital, educational, medical, or research institute. Retailers engaged in pharmaceuticals, cosmetics, stand-alone pharmacists, ayurvedic shops, etc need this license. Loan License – License issued to a business that does not own the manufacturing unit but uses the manufacturing facilities of another licensee to manufacture drugs. Import License – License issued to any dealer importing the products for the manufacturing of drugs or is engaged in the business of importing drugs in India. Multi-Drug License – License issued to businesses that own pharmacies in multiple states with the same name. Drug Controlling Authority or Regulatory Authority State Drugs Standard Control Organisation (SDSCO) – Issues licenses for the sales, distribution, and manufacture of drugs regulated by the state authorities. Central Drugs Standard Control Organisation (CDSCO) – Responsible for approving and issuing licenses for the newly made drugs and clinical trials of drugs. It also controls the quality of the imported drugs and coordinates with the SDSCO. State Drug Controlling Authority with approval by the Central License Approving Authority – Issues licenses for establishing blood banks and their components and products like Vaccines, Sera, etc. Department of Ayush – Issues licenses for ayurvedic, Unani, Siddha, homoeopathic and herbal products for cosmetic