How Indian companies checks back ground verification
How Indian companies checks back ground verification:
Step:1 Verification of TAN and PAN of the Company
Reason: Why They Verify TAN and PAN
of the Company
Clarification: To Operate the
Financial Activities in the Company,TAN and PAN
is Required.
TAN Stands for Tax deduction Account
Number
PAN Stands for Permanent Account
Number
To Issue the Form16/Form16A/Form12
Company Requires TAN and PAN.
How to Verify: Open www.google.com
In Search Bar type
"KNOW YOUR TAN" and Click on Search Button
In Search Results click on the first link.
Now Incometax india
Official website will be opened.
Select Category of Deductor as Company,State
as Karnataka or Bihar
or Assam (Any one of
the required State),Type Name of the
Company in the Name Field,Enter the
given Capcha Code and
click on Submit Button.
If Company Contains TAN and PAN
it will be displayed Successfully
with detailed Company Address(as
mentioned in the Company Website).
If Comapny does not contains TAN and PAN
it will displayed as
"No Records Founds".
FAQ1:What if Company is contain TAN
and but not PAN
Answer:To Provide Form16/Form16A/Form12,Both
TAN and PAN is Mandatory.
Step:2 Verification of the Company Registration
Reason: Why they Verify Comapny
Registration
Clarification: As per Government of
India Companies act,each and every
Company has to Register under 1956
Companies Act.
How to Verify: Open www.google.com
in search bar type "MCA21"
and click on Search Button.
in the search results click on the first
link.Now MCA21 india official
Website will be opened.
Click on Check Company or LLP Name Link(Link
is available at left side)
Enter Name of the company in the Company
Name Field and click on
search Button.
If Company is Registered then Company Details
will be displyed with
Registered Date.
They will compare Comapny Registered Date with
Employee Joining Date.
Always company Registration date would be
prior to Employee Joining Date
If Comapny is not registered then pop up
generates with the message
of "NO Matches Found".
FAQ2: What if Company is registered
in MCA and but not contain Company
TAN and PAN
Answer: Company is Registered under
companies act and but not performing
any Financial Transations( No Earnings
and No Spendings).
Step:3 Verification of age of the Company Domain
Open www.who.is
Enter the Company URL(Example:www.xyztech.com)
in the search Bar
Click on Who.is Search button and check
out for Registred on Date
Step:4 Employment Verification over the Phone
Third Party Verification Team Executive will
call to the Comapny HR over
the phone to get the employment details like
Employee ID,Employee Joining
Date,Employee Reliving Date,Employee Joining
Designation,Employee Reliving
Designation,Employee CTC,Reason for Leaving.
Here if Company HR has Sufficient time then
above mentioned detils will be
Provided over the phone else HR will ask the
third party verification team
executive to send an official email.
Companies Standard:Most of the HR's
will not provide the details over the phone
and but provide details in the official email.
Step:5 Employment Verification in the Official Email
Third Party Verification Team Executive will
send an official Email to the
Comapny HR to get the employment details like
Employee ID,Employee Joining
Date,Employee Reliving Date,Employee Joining Designation,Employee
Reliving
Designation,Employee CTC,Reason for Leaving.
Step:6 Employment Physical Verification
Third Party Verification Team Executive will
Take an appointment of
HR Manager to Meet them in Personally for the
purpose of employment Physical
Verification and get the employment details
like Employee ID,Employee Joining
Date,Employee Reliving Date,Employee Joining
Designation,Employee Reliving
Designation,Employee CTC,Reason for Leaving.
Types of Verifications:
What is Pre
Verification:Few Companies After verifying all above mentioned
details
they will release the offer letter.This type of verification is
called as
Pre Verification.
What is
Post Verification: Most of the Companies After Joining into the
company
they will verify all above mentioned details they will release the
offer
letter.This type of verification is called as Post Verification.
As per
Client Requirement third party verification companies will do
below mentioned kind of verifications.
1).Current
Employer Back Ground Verification(Mandatory)
2).Previous
Employer Back Ground Verification(Mandatory)
3).Education
Back Ground Verification(Based on Client Requirement)
4).Criminal
Back Ground Verification(Based on Client Requirement)
5).Passport
Verification(If Necessary)
Verification Result: If Third Party
Verification Team Satisfies with
all above mentioned ways then they will give
result as GREEN Else they
will give as RED.
GREEN Result
Employees will Continue with Job and RED Result Candidate
will be Terminated
from the Company.