Background Verification in NSR

Background verification means verification of source details claimed by a professional registered to establish its accuracy and then reporting on the NSR system versus a profile. This will initiate the credibility and certification to the data registered. For each registered professional NSR maintains status of verification and for different details forming part of every profile. During the registration, the status of every information is “Not Verified”, and after finishing the confirmation procedure the status becomes “Verified”. The result of verification established by the verifying agency is also posted. This accounts for a permanent and credible data which is quickly accessible on a central system.

Background Verification in NSR

NSR Background Verification: Verification Request

EBCs perform the verification of the information at the request of a subscriber company or at the request of the registered professional which has been approved by the such professional to see the profile.

NSR Background Verification: Verification Process

EBCs access the NSR system online and can see information of such professionals for whom the request of verification has been made. After collecting the fee/document needed for verification from the user requesting for the verification. EBC will perform the verification according to the standard process. The principle of operating is that the data should be verified with the data source for example, original documents for information such as passport number, physical visit to the site for address, company for employment information, and university for qualification.

NSR Background Verification: Verification Results

After finishing the exercise of verification, EBC inputs the result of verification in a certain format against the profile of the professional. The approved companies and the professional can view the verified profile with results of background check against every individual and information verified by the EBC. Findings are record by EBCS that will shown along with the information registered by the knowledge professional.

  1. To minimises the mistake, the system enforces a maker-checker discipline for inputting the data.
  2. If the findings of verification are negative, then EBC has to provide an explanation for this inclusion.
  3. To ensure that the similar details not required verification repeatedly, NSR system makes permanent record of all the results and the details.
  4. The comments of verification as inputted by the EBC can be view by the companies approved by the professionals as well as the professionals.
MEET US

What Clients Say

Customer delight is our main goal and we are very serious about it.


Prakash Verma

Prakash Verma

“Finacbooks.com is a perfect example of a great customer service dealing with the best of accountancy services.“

Prakash Verma Signature


Praveen Chauhan

Praveen Chauhan

“They offered us good quality services in a least possible time at a best Price.“

Praveen Chauhan Signature


Pradeep Kochhar

Pradeep Kochhar

“Finacbooks.com is a trusted network of highly qualified accounting professionals who not only provided us quality accountancy services but also supported us by answering our each & every query on time without any delay. “

Pradeep Kochhar Signature

Informational, useful and resourceful

Blogs

Catch up our trending topics, news etc. in a simple, detailed and most professional way.

Form 15G and 15H to Save TDS on Interest Income
02 Jul, 2020

What is Form 15G & Form 15H? Form 15G & Form 15H are the forms which are submitted to banks by the individuals in order to prevent... Read More

Section 80RRB: Tax Saving on Royalty Income on Patent
27 Jun, 2020

Section 80RRB of Income Tax Act Section 80RRB is introduced by the income tax department for individuals to claim deduction on the... Read More

Section 80GGB: Donations to Political Parties by Companies
15 Jun, 2020

Section 80GGB of Income Tax Act Section 80GGB is introduced by the government for the companies to claim tax deduction on the donations... Read More

CONTACT US

We Are Everywhere

We are having a wide network operating all across India as well as Internationally.
World Map

Contact Us


30+ Offices in
India

10+ Years Experience

Save Your
Time

Quick Turn around Time

Qualified Professionals

Excellent Customer Service

CONNECT WITH US

Reviews

We value client relationships and making it better with each passing day.

Rated 4.5 out of 5 based on 1,234 reviews on FinacBooks Logo


Sign up to our

Newsletter

Tax news for chartered accountants, businesses and individual.