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CBIC is working on biometric authentication of risky entities under GST as it looks to crack down on fraudsters who are misusing the PAN and Aadhaar of other people to obtain GST registration. CBIC is working on biometric authentication of risky entities under GST as it looks to crack down on fraudsters who are misusing the PAN and Aadhaar of other people to obtain GST registration, CBIC chief Vivek Johri said.

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one-person-company
what is meant by one person company ?

Section 2(62) of the Companies Act 2013, states ‘One Person Company’ as a company which has only one person as a member. It has been facilitated recently so that businessman can own and manage companies alone. one person company registration.

All the shares may be owned by individual person having a nominee to register this form of entity. This has been introduced to pamper business-related growth and generate good employment opportunities.

one person company benefits :
Documents Required For OPC Registration :

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