EASE OF DOING BIZ Corporate entities will no longer need multiple identities for business activities which will translate into simpler processes Companies will soon have one unique identification number to carry out all business transactions. The Central Board of Direct Taxes (CBDT) and the ministry of corporate affairs are integrating their back-end operations to provide one simple identity to companies, doing away with the multiplicity of numbers currently being used by them, a senior government official told. “While this will be implemented at Centre's level, states will have a unique number under the Goods and Service Tax,“ the official said. Corporate entities will no longer require a battery of identity numbers including corporate, employer and tax payer identification numbers once this exercise is done. The move is meant to make processes simpler and facilitate ease of doing business. “It will enhance transparency and reduce any complexities arising out of multiple filing