Page 30 - Banking Finance October 2025

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3. Real-Time Tracking and Notifications: Once an applica- ensuring compliance with both central and state regu-
tion is submitted, users can track its status in real time via lations.
the "My Dashboard" feature. NSWS also provides notifi- The National Single Window System (NSWS) currently
cations through email and SMS alerts, keeping businesses facilitates approvals for businesses across 29 States and
informed about any updates regarding their applications. Union Territories in India. These include:
Andhra Pradesh, Andaman and Nicobar Islands,
4. Document Repository and Digital Signature: NSWS of-
Arunachal Pradesh, Assam, Bihar, Chhattisgarh,
fers a document repository where users can upload and
store necessary business documents, making it easier Chandigarh, Dadra and Nagar Haveli and Daman and
Diu, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu
to apply for multiple approvals without repeatedly sub-
and Kashmir, Jharkhand, Kerala, Karnataka,
mitting paperwork. Additionally, businesses can regis-
Maharashtra, Madhya Pradesh, Nagaland, Odisha,
ter their Digital Signature Certificate (DSC) for secure
Punjab, Puducherry, Rajasthan, Sikkim, Tamil Nadu,
online transactions.
Telangana, Tripura, Uttarakhand, and Uttar Pradesh.
Businesses seeking approvals for states that are not yet
5. Easy Renewal of Approvals: The National Single Win-
integrated into the NSWS can contact the respective
dow System (NSWS) enables hassle-free renewal of busi-
ness approvals through a fully digital process. It offers state authorities directly.
auto-filled applications, timely reminders, and a single
dashboard for easy tracking. Integrated with multiple 7. Fast Query Resolution: NSWS has a dedicated support
team that ensures investor queries are resolved quickly,
departments, it ensures faster processing and reduced
minimizing delays and enhancing the ease of doing busi-
delays. This streamlined system enhances business con-
tinuity and ease of doing business in India. ness.

6. State-Level Integration: NSWS is not limited to central How National Single Window System
government approvals; it also integrates state-specific (NSWS) Works:
approvals. Entrepreneurs can use the State KYA mod- The National Single Window System (NSWS) makes it easier
ule to identify the approvals required at the state level,
for investors to apply for regulatory approvals and compli-
ances. Here's how the process works:
1. Register on NSWS
Investors must visit the NSWS portal and complete
the registration process using their email ID and
mobile number.
The registration process is free of charge and re-
quires users to set up their credentials for secure
access.

Mandatory PAN Verification:
As per government guidelines, PAN (Permanent Account
Number) has been mandated as the single business user ID
for NSWS. This ensures standardized identification and mini-
mizes duplication. Investors can verify their PAN through the
following methods:
I. Digital Signature Certificate (DSC):
a. Applicable to all types of business entities (compa-
nies, LLPs, partnerships, etc.).
b. This method uses a DSC-based verification mecha-
nism to authenticate the investor's identity.

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