The WazirX Hack: A Wake-Up Call for Cybersecurity
On 03 Sep 2024This incident highlights the critical importance of robust cybersecurity measures, especially for companies handling sensitive financial data.
Telecom services are a very crucial factor for the social and economic development of a nation. In this extraordinary growth trajectory Telecommunications is expected to play a pivotal role, by contributing more than 50% to the Digital Economy. To realise the full benefits of this in the Indian economy, we need a robust and abundant telecommunications infrastructure and services ecosystem in order to ensure efficiently utilize our digital economic resources across regions and to all segments of the population.
Department of telecommunication is governed under the Ministry of Communications (Sanchar Mantralaya) Department of Telecommunications (Door Sanchar Vibhag). Following are the functions of the Department of Telecommunication:
Other Services providers covers non-telecom service providers who provide Business Process Outsourcing services, Call centre Service, telebanking or tele-marketing service, network operation centres, vehicle tracking systems services or any other services apart from those of ISP and TSP. In India, it is mandatory for an OSP to apply to the DOT (Department of Telecommunication) in the prescribed manner along with the requisite documents, in order to seek registration under the respective category before beginning to provide any such service(S). DOT is the sole authority for approving and granting any OSP licences.
As per the regulatory provisions relating to OSP, the other Service Providers shall take the requisite telecommunication resources from authorized Telecom Service Providers only and they will not provide switched telephony. Application for Registration of OSPs and Telemarketers is scrutinised and approved by the respective Telecom Enforcement, Resource and Monitoring (TERM) Cells (previously referred to as VTM Cells) as per location of the OSP/Telemarketing Centre.
The Service Providers before providing them telecom resources must ensure that the customers have valid registration papers from the OSP Cell of DoT. Access service provider will penalised who do not adhere to the above requirement.
➲ Domestic DOT OSP License – Domestic OSP license is required if the call is in India only (domestic calls). With this type of registration, international calling is not allowed.
➲ International DOT License – It requires an international DOT license if the call is outside India. In this type of registration, the domestic call is not permitted.
➲ Domestic and International Registration-This form of license enables you to call in India as well as outside India. The combined license requirement is for centers were minimum 50 seats and the Rs 50 Lakh bank guarantee to be furnished to the government.
➲ Telecallers
➲ BPO and KPO
➲ Outbound calling service
➲ Lead Generation companies
➲ Appointment setting companies
➲ White Paper research companies
➲ Tele-banking
➲ Tele education
➲ Tele-trading
➲ E-commerce
➲ Call Centres
➲ Network Operation Center
➲ Other IT Enabled services
STEP 1. Create an account on Saral Sanchar website
STEP 2. Click for DOT OSP license
STEP 3. Fill the form properly with all correct information
STEP 4. Attach all required attachment (all documents must be digitally signed)
STEP 5. Pay the required fee through the online payment option.
STEP 6. Remove all error if any error appears and then submit the form
STEP 7. Department will check the information and all attached attachments and raise clarification if they needed.
STEP 8. Submit the clarification if raised within a stipulated time limit.
STEP 9. Department will issue the License if all information is true and correct.
The digital signature of the authorised Director shall be affixed on all the aforementioned documents and application of OSP.
Registration shall valid for 20 years from the date of issue unless otherwise mentioned in the registration letter
Registration validity may be extended, if deemed expedient, the period of registration by 10 years at one time, upon request of the OSP, if made during the 19th year of the registration period on the terms mutually agreed. Designated authority decisions shall be final in regard to the grant of extension.
Q. What are the different types of OSP license?
Domestic DOT OSP License – Domestic OSP license is required if the call is in India only (domestic calls). With this type of registration, international calling is not allowed.
International DOT License – It requires an international DOT license if the call is outside India. In this type of registration, the domestic call is not permitted.
Domestic and International Registration-This form of license enables you to call in India as well as outside India. The combined license requirement is for centers where a minimum of 50 seats and the Rs 50 Lakh bank guarantee to be furnished to the government.
Q. Who requires an OSP license?
-Telecallers
-BPO and KPO
-Outbound calling services
-Lead Generation companies
-Appointment setting companies
-White Paper research companies
-Tele-banking
-Tele education
-Tele-trading
-E-commerce
-Call Centres
-Network Operation Center
-Other IT Enabled services
Q. The validity of the OSP license remains for?
A. Registration shall valid for 20 years from the date of issue unless otherwise mentioned in the registration letter
Q. Documents required for registration?
A. a. Incorporation certificate issued by Registrar of Company
b. Article & Memorandum of Association
c. Power of Attorney or Board resolution authorizing the authorized signatory
d. Nature of business/activities business of the proposed OSP
e. Detail of present Directors of the Company.
f. Detail shareholding pattern of the company indicating equity details
g. Network diagram
All the document should be digitally signed by the director or by the authorized signatory
Q. Government fees required for procuring the license?
A. License fees id of INR 1000 which needs to be paid through online (Bharat Kosh) portal.
Call or WhatsApp us on +91-99991-39391 for free consultation from our team of experts. You can also email us on [email protected].
We share the detailed and reasonable estimated costs, documents and prerequisites for the complete process before starting the process to ensure transparency.
Our team warrants hassle free documentation. We collect the necessary documents and share the relevant drafts to ensure a timely filing and delivery.
Upon collecting the necessary documents and information, we waste no time in preparation and filing of your application. development on your application is brought to your attention.
On successful completion of the case we share all the relevant documents electronically and physically along with an assurance to pay you back if something is wrong.
India is at a stage where the Internet is becoming a new standard. Consequently, many telecom firms are emerging because of the prospects that can be found. Therefore the government is more than eager to give ISP license (Internet Service Provider)
Everyone wants to expand their company outside the boundaries of the domestic market in this era of cut-throat competition. But doing business worldwide isn't just a cup of tea for everyone. In India, for making export or import to another country the con
Under Food Safety and Standards Act, 2006 establishes authority known as FSSAI (stands for Food Safety and Standard Authority of India); this act consolidates various acts & orders that have to handle food-related issues in various Ministries
All those businesses which operate commercially even if it operates form home needs get registered under shops and establishment as per the applicable rule and regulation of the state concerned act. This act comes in to the existence in year 2016 .
Ayush Licensd in required by every person engaged in manufacture, Retail, Wholesale, or any other form of trade of Ayurvedic, Herbal, Unani or Siddha Products. Ayurveda which literally means “The Science of Life” is one of the oldest healing science
The Factories Act 1948 states that a factory must obtain approval from the labor and employment department for its building plan before it covers itself for registration of a factory. Under this act, Factory license registration
Telecom services are a very crucial factor for the social and economic development of a nation. In this extraordinary growth trajectory Telecommunications is expected to play a pivotal role, by contributing more than 50% to the Digital Economy.
No person can start or continue a business of drugs or cosmetics in India without an appropriate license is obtained for the conduct of such activity. This license in India is granted by the competent authority under the drug and cosmetic act 1940.
The Drugs & Cosmetics Act of 1940 regulates the registration of cosmetics in India, which describes the term 'cosmetic' exclusively as an 'article intended to be, poured, sprinkled or sprayed on or otherwise applied to any human body
A promise to create a culture of quality, patient safety, efficiency and accountability towards patient care. Setting up protocols and policies as per International /National Standards for patient care, medication management, consent process,
To run an Eating House in India, the entity must obtain the Eating House License from the supervisory authority. An applicant will apply to the State Police Headquarters and the town's Police Chief for Eating House License.
An issued Health Trade license is valid for one year and application for renewal must be filed before thirty days (30 days) of expiry date. For renewal same application will be filed after selection of renewal option and for renewal one additional documen
The fire department NOC is provided by the fire departments of the specific state after having confirmed and tested the whole building resistance to fire, i.e. the building is fireproof and can prevent fire-related incidents. Upon verification of an appl
A trade license is a document/certificate that gives the applicant (person seeking to open a business) permission to start a specific trade or business in a given area/location. The license does not, however, authorize the holder to conduct any other trad
Central Ground Water Authority is constituted by the government of India under the Environmental (Protection) act 1986. It is established to regulate and control the development and management of groundwater resources in the country.
Accreditation is the formal certification, authorisation and registration of a laboratory which has proven its capacity, competence and reputation to perform the tasks it claims to be able to perform.
Discover the comprehensive guide to obtaining an MD-15 license for importing medical devices in India. Explore device classification, regulatory requirements, and documentation needed to navigate the process smoothly. Form MD 14 & MD 15
PSARA License is a prerequisite before any person in India starts a private security company. The Private Security Agency is an entity involved in providing security guards and other related services as an alternate to the police at an establishment.
Objectives The purpose of the 1970 Contract Labour Regulation and Abolition Act is to prevent the exploitation of contract labour, as well as to introduce better working conditions. A worker is considered to be employed as a Contract Labour when recruite
Tea is one of the industries that come under the jurisdiction of the Union Govt through an Act of Parliament. The genesis of India's Tea Board goes back to the passage of the Indian Tea Cess Bill in 1903. The Bill provided for a levying a cess on tea expo
A comprehensive guide to obtaining a Wholesale Drug License in India, covering the Drugs and Cosmetics Act, types of licenses, application process, benefits, and penalties.
Bespoke advisory focused on mission critical legal, financial and business aspects.
At Corpzo, our clients’ success stories speak volumes. Discover how businesses across various industries have leveraged our expertise to achieve their goals. Read firsthand accounts of our commitment to excellence and the impact we've made in supporting their growth and compliance needs.
Working with Corpzo for our Alternative Investment Fund registration was a remarkable experience. Their deep understanding of regulatory requirements and meticulous attention to detail ensured a smooth and efficient process. The team was always available to address our queries and provided invaluable support at every step. With Corpzo's expertise, we successfully registered our AIF without any hurdles. Highly recommended for anyone navigating the complexities of AIF registration!
At Corpzo, we are dedicated to empowering our clients with valuable knowledge and insights. Our team of experts regularly shares in-depth articles, comprehensive guides, and industry updates on Knowledge Varsity. Whether you're looking for the latest trends in alternative investment funds or need expert advice on navigating the complexities of drug licensing, our resources are designed to keep you informed and ahead of the curve. We believe that informed clients make better decisions, and our goal is to provide you with the expertise you need to succeed.
Explore CorpZo Insights© 2024 Ultiwise Ventures Private Limited.
From Mumbai Recently Purchased @Partnership Firm Registration