Easily Obtain Business Account Number

You can register for a Business Number online but before you do, it will be helpful to have this information at hand.

Conduct your daily business banking activities easily and conveniently.Carry out your daily business banking needs with an account that is easy to open and simple to manage.

PAN is a unique 10-digit alphanumeric identity allotted by the Income Tax Department. PAN is mandatory for financial transactions such as receiving taxable salary or professional fees, sale or purchase of assets above specified limits, buy mutual funds and many more.

The primary objective of PAN is to use a unique identification key to track financial transactions that might have a taxable component to prevent tax evasion. The PAN number remains unaffected by change of address throughout India. PAN Card Registration is done through Financial Tax Help

TAN or Tax Deduction and Collection Number (TAN) is mandatory 10 digit alpha number required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government. Tax deducted at source (TDS) ensures that the Government’s collection of tax is proponed and the responsibility for paying tax is diversified.

The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government – quoting the TAN number. Individuals who are salaried are not required to obtain TAN or deduct tax at source. However, a proprietorship business and other entities (i.e., Private Limited Company, LLP, etc.,) must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, payment of rent exceeding Rs.1,80,000 per year, etc. On deducting tax at source, the entity registered for TAN will issue a TDS Certificate as proof of collection of tax.

To obtain TAN, application must be made for allotment of TAN in Form 49B along with the required supporting documents. Based on the application, the TAN will be allotted to the entity and the entity must quote the TAN in all TDS/TCS returns, TDS/TCS payment challans and all TDS/TCS Certificates. IndiaFilings can help you obtain your TAN registration quickly and hassle-fee. Financial Tax Help is an authorized TAN Facilitation Center.

Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers. For all employees earning INR 21000 or less per month as wages, the employer contributes 4.75 percentage and employee contributes 1.75 percentage, total share 6.5 percentage.

This fund is managed by the ESI Corporation (ESI) according to rules and regulations stipulated therein the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India. ESI is an autonomous corporation under Ministry of Labour and Employment, Government of India. But most of the dispensaries and hospitals are run by concerned state governments.

Employees registered under the ESI enjoy a range of benefits under the scheme. Employee enjoy medical attendance and treatment for the person insured and their families including full range of medical, surgical and obstetric treatment, supply of all drugs, ambulance services, super-specialty consultation, etc., In addition, to the medical care, insured persons also enjoy sick pay benefits. Registration with ESI provides the employee with tremendous benefits and improves worker morale and retention. Financial Tax Help can help your Company obtain and manage ESI Registration.

What is DSC?

DSC or Digital Signature Certificate is used to establish one’s identity while filing documents online through the internet.It is the digital equivalent to a normal hand written signature. A digital signature has extra data attached electronically to the document. A digital signature usually is valid for a year or two after which it has to be renewed again. It also acts as a method of confirming the authenticity of a document online. We are witnessing a gradual electronization of documents and digital signatures will play a very important role in this.

There are different types of Digital Signature Certificates. Listed below are the three different types of Digital Signature Certificates.

Class 2: This type of Digital Signature Certificate is usually used for filing Income Tax documents, Registrar of companies and Value Added Tax documents.

Class 3: The Class 3 type of Digital Signature Certificate is used in e-tendering which includes various areas such as supplier registration, downloading a contract form, submission of a bid document and also in evaluation of tenders.

What is DIN?

DIN or Director Identification Number is an identification number allotted to an individual who is already a director in their role or is expected to be a director soon. The DIN allotted usually contains personal information along with a unique code which also acts as an identifier. It came into existence when Section 266A and 266G was introduced in Companies Amendment act in 2006. It is mandatory for every director, current and prospective.

There are several reasons for the allotment of DIN.

Given below are some of the important reasons for the allotment of DIN.

  • It is allotted to create a database of all directors which is also reliable
  • To confirm the existence of the directors in the companies
  • To avoid financial scams from fake companies wherein the director makes away with the money in most of the cases.

Major Difference between DSC and DIN:

Listed below are some of the major differences between DSC and DIN:

DSC is a digital proof of authorisation for online transactions and filing certain documents.DIN is a unique identification number issued only to exisiting directors or soon to be directors.It contains all the personal information of the director
DIN is not a prerequisite to avail DSCThe individual should have DSC in order to avail DIN
Directors, Auditors, Company secretaries, bank officials and other authorized organisations can apply for DSCOnly existing directors and future directors can apply for DIN

Application Procedure

Application Preparation

An Financial Tax Help Expert will prepare your Application along with the necessary supporting documents that needs to be submitted for Registration.

Application Processing

Once the application is prepared and submitted, the concerned Office will process the application and may request for more information or documents.

Registration Approval

While processing the application, an Financial Tax Help Expert will help you respond to any query or request for document (if required) and obtain Registration.