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5 Ways to Validate a Business Idea, Right Now

Don't let your day job or lack of capital stop you from finding and testing a business idea. Here's how.
Last year, I embarked upon a personal challenge to validate a business idea in 30 days. To make it even more difficult, it was a random idea chosen by my readers. They asked me to do it without using my existing website, traffic and business connections and without spending more than 20 hours per week on the project. On top of that, I limited myself to spending no more than $500 validating this idea. The experiment was a success.In just two weeks, I built an email list of 565 subscribers without having an actual website. Then, I reached out to a handful of those subscribers and pre-sold 12 copies of a book that didn't even exist yet, all in less than 30 days. I wrote about the experiment in real-time with in-depth weekly updates, successes, failures and lessons learned along the way, right here in my validation challenge. Today, I want to share with you the five most effect…

Aadhaar card becoming a must for all your needs: Here are 10 things you need to know

The Union government now wants to make Aadhaar card mandatory for filing income tax returns as well as applying for a PAN card. In fact, the unique identification 12-digit number in your Aadhaar card is now becoming the one point source for all your needs. It is not only limited to an identity or address proof, but it is also expanding its reach to help people in various activities.

As an identity and address proof, you can register your e-KYC and even get a new mobile connection using your Aadhaar card. This way you do not have to submit multiple documents while getting anything done, which not only saves time but also saves your money.
Here are 10 things to know how having an Aadhaar card can simplify your financial life and help in other things:
Filing Income Tax Returns
From July 1 onwards, individuals will need to furnish their Aadhaar number for filing income tax returns and those who do not have their Aadhaar card can file their ITR by Aadhaar enrollment number. You need to link your Aadhaar number with your PAN card before July as failing the same will not be considered as a valid ITR filing.
Applying for PAN
If you want to apply for a Permanent Account Number (PAN), you can submit your Aadhaar number as an identity proof or address proof. This amendment will get effective from July 1, 2017.
Getting pension through Employees' Provident Fund
Employees' Provident Fund Organisation (EPFO) has also made it compulsory for all pensioners and members to submit their Aadhaar card number. It is basically done for pensioners to avail hassle-free pension at the time of retirement.
Making payments through Aadhaar Enabled Payment System
Aadhaar Payment App is an initiative by the government for making digital payments through your multiple bank accounts. If you have an Aadhaar number, then you do not need to have any debit or credit card for making payments and also you do not even require any POS machine to swipe your card. This universal app, using USSD code, provides you to ease out your payments through any bank account even without using the internet facility.
Getting free LPG Connection
To get a free LPG connection under the Pradhan Mantri Ujjwala Yojana, the government had last year made it necessary for poor women to have an Aaddhaar card with them. Now the government had made this unique identification number compulsory for every individual to get LPG subsidies.
Opening an eNPS account
You can open your pension account under NPS through eNPS by using your Aadhaar card. By visiting the official website of NPS and entering your Aadhaar number, you can create an eNPS account. Your Aadhaar number in such a case should be linked to a registered mobile number. Once your KYC is linked with the Aadhaar number, you can make cashless payments through the digital process.
Hassle-free passport services
The Ministry of External Affairs, which issues passports, has made it necessary to provide Aadhaar card for availing passport services. The issuance of a passport is fool proof and under the new system, now there is no scope for anti-national elements to obtain a passport. As per the guidelines, the first time passport applicants, who will provide their Aadhaar card, Voter ID card, PAN card and an affidavit of non-criminality in the prescribed format, will get faster passport services from Passport Seva Kendra.
Maintaining attendance through Aadhaar-enable biometric attendance system
Various state governments have also taken an initiative to make attendance mandatory for all the government employees through Aadhaar-enabled biometric attendance system (AEBAS). Sooner or later, other sectors will also use this feature to have a seamless process of maintaining various MIS.
Concessional rail ticket booking
Railways have also made plans to link Aadhaar with concessional ticket booking. They have also held a discussion with UIDAI for linking Aadhaar number with the booking of concessional tickets to prevent misuse of subsidy facility by unethical elements.
Subsidies from Public Distribution System
The government is likely to make Aadhaar mandatory for receiving subsidised foodgrains under the public distribution system (PDS). No subsidies will be given if one is not having an Aadhaar card.