From UPSC perspective, the following things are important :
Prelims level : SPICe+
Mains level : Not Much
The Ministry of Corporate Affairs has launched SPICe+ web form.
- It would offer 10 services by 3 Central Govt Ministries & Departments (Ministry of Corporate Affairs, Ministry of Labour & Department of Revenue in the Ministry of Finance) and One State Government (Maharashtra).
- It saves as many procedures, time and cost for Starting a Business in India and would be applicable for all new company incorporations.
Following are the features of the new Spice+ web form:
- SPICe+ would be an integrated Web Form.
- SPICe+ would have two parts viz.: Part A-for Name reservation for new companies and Part B offering a bouquet of services viz.
- Registration for Profession Tax shall also be mandatory for all new companies to be incorporated in the State of Maharashtra through SPICe+.
- All new companies incorporated through SPICe+ would also be mandatorily required to apply for opening the company’s Bank account through the AGILE-PRO linked web form.