Registration Service


PAN or Permanent Account Number is a 10 digit alpha-numeric identity issued by the Income Tax Department of India. It is a unique account number allocated by the Income Tax Department, which is used to track and manage all the Income Tax assessee in India. Although the PAN card application is voluntary, it must be obtained before engaging in certain transactions. For entering into a financial transaction exceeding a specified amount, quoting PAN is compulsory. Also, every business entity must apply for PAN card application within the 30 days of its formation or incorporation.


Tax Account Number is commonly referred as Tax Deduction Account Number or Tax Collection Account Number, or simply TAN. TAN registration leads to a generation of 10 digits alpha-numeric code that is issued by the Income Tax Department of India. As the name suggests, it is obtained by the person responsible for deduction or collection of tax at source (TDS or TCS). Businesses while deducting the salaries of employees must obtain and mention the number. Specified criteria to collect and deduct tax at source are already prescribed by the Government. Also, it is compulsory to quote TAN of the assessee in TDS/ TCS statements and challan for payment of TDS/ TCS.


The Goods and Service Tax is the biggest indirect tax reform which blends in all the other taxes into one single tax structure. Under GST Regime, the goods and services are now taxed under a single law being Goods and Service Tax Laws. The taxes are levied at a single rate. The collection is then bifurcated between both Central and State Government in name of CGST and SGST or IGST.


The government of India provides a MSME registration to the Micro, Small and Medium (MSME) industries. The MSME registration helps MSMEs to obtain various benefits provided by the government for their establishment and growth. MSME industries are the backbone of the economy. They are known as Small Scale Industries (SSIs). The MSME registration is entirely online and can be obtained from the Udyam registration portal. It is not mandatory for MSMEs to obtain this registration but it is beneficial to get one’s business registered under this because it provides a lot of benefits in terms of taxation, setting up the business, credit facilities, loans etc.


Udyam registration is an e-certificate the government provides to the MSMEs in India. The Udyam registration replaced the Udyog Aadhaar Memorandum (UAM) registration. Though the Udyam registration is not mandatory, it is beneficial for the MSMEs to apply for this registration as it is required to avail of benefits that fall under the MSME category. These benefits help MSMEs to grow and boost their business across India. The government provides the MSMEs with a unique identification number and an MSME recognition certificate when they obtain the Udyam registration. The Udyam registration certificate certifies that the enterprise is eligible to get government benefits provided to MSMEs. The validity of the Udyam registration is till the existence of the enterprise. The government is facilitating ease of doing business to MSMEs by giving a permanent registration, i.e. Udyam registration.