PASARA stands for Private Security Agencies Regulation Act, 2005. Any person who want to start Private Security Business in India need this license. As per The Private Security Agencies (Regulation) Act, 2005 registration is issued and all activities are monitored. As per Section 4 of Act Persons or Private Security Agency not to engage or provide private security guard without PASARA licence.
PASARA License is issued by state Controlling Authority. This license can be taken for one state or for and district , government fees differs in both cases. In interest of Nation the Private Security Agencies Regulation Act, 2005 was introduced to monitor , administer and issue licenses to security Guard business. Any company / Partnership Firm / LLP is eligible to apply for PASARA License.
Every private security agency shall maintain below list of documents
List of documents for PSARA / Private Security license is different from state to state. Also as per status of security agency Like Propriety firm , Partnership firm , Private Limited company documents changes.
|1||Penalty for Fail to obtain PASARA License||Imprisonment upto 1 year or fine upto Rs. 25000/- or both|
|2||Penalty for unauthorized use of certain uniform||Imprisonment upto 1 year or fine upto Rs. 25000/- or both|
|3||Fail to comply provisions of sections 9, 10 and 12 of
|Fine upto Rs. 25000/- in addition to suspension or cancellation of the license|
Submit application for Renewal of PSARA license/ Private Security Agency License to Controlling Authority, not less than forty-five days before the date of expiry of the period of validity.
PSARA License holder need to follow below monthly , quarterly and annual compliance’s under Profession Tax , PF , ESIC , GST & Income tax Act. For non filing penalty & fine applicable.
|5||Income Tax Filing||Annually|