NSDL Database Management Limited (NDML) has been appointed by University Grants Commission (UGC) as Depository for NAD. NDML will perform all the required functions for efficient functioning of NAD system so as to achieve its laudable goals.
NDML is a fully owned subsidiary of National Securities Depository Limited (NSDL). NSDL was set-up in 1996 as the Securities Depository under the Depository Act and is registered with Securities & Exchange Board of India (SEBI). NSDL pioneered the demat revolution in India, making the securities market more efficient and secure. NSDL group has further developed and implemented various projects of national importance such as Tax Information Network (TIN) for Central Board of Direct Taxes, Central Record Keeping Agency (CRA) for New Pension System, for all Central and State Governments on behalf of Pension Fund Regulatory and Development Authority, SEZ Online for Ministry of Commerce & Industry, “National Skills Registry” for NASSCOM and many more critical projects.
NSDL Group, right from its start, has been involved in projects of national importance, especially those being implemented for the first time by the government / government undertakings in India. NSDL Group’s core competence is its ability to conceive, design, implement, manage, and maintain large databases that can bring in transactional efficiency. Through its vast experience in executing unique / unparalleled projects across the country, the group has achieved success in providing end to end solution and creation of large network of trusted service centers across the country. The group has emerged as a “Total Solution Provider” offering Integrated Services covering IT, process design, operations, and infrastructure.
Established under the Depository Act 1996, NSDL has played a key role in transformation of securities settlement infrastructure in India to one of the best in the world. NSDL has enabled holding and transacting of shares and debt instruments in dematerialized form which has reduced risk, improved operational efficiency, reduced costs significantly for all stakeholders. For more details visit www.nsdl.co.in
for “Central Board of Direct Taxes”- TIN is an initiative by Income Tax Department of India (ITD) for the modernization of the current system for collection, processing, monitoring and accounting of direct taxes using information technology. This project has significantly eased the tax administration, monitoring and processing of tax returns. The project has also benefited the tax payers by providing them with an online account of all tax deductions. Permanent Account Numbers (PAN) are also issued through the system. For more details visit https:// tin-nsdl.com
for National Pension System (NPS) for all Central and State Governments on behalf of Pension Fund Regulatory and Development Authority. Considering the benefits of the system, the Government has made the system available to all the Citizens and has also extended tax benefits for participation in NPS. For more details visit https://npscra.nsdl.co.in/
for Ministry of Commerce & Industry, for establishing and managing a nationwide integrated solution for processing Customs transactions of Units and Developers of Special Economic Zones (SEZ) under the provisions of SEZ Act, Customs Act and Rules made there under. This has ensured efficient filing and transparent processing of all transactions. For more details visit https://sezonline-ndml.co.in
NSR is a NASSCOM initiative managed by NDML to have a robust and credible information repository about all persons working in the IT / ITeS industry. All the leading IT & ITeS companies are participating in this program and it has experienced a wide adoption among the workforce of these companies. For more details visit https://nationalskillsregistry.com/
NDML has received an approval from Insurance Regulatory and Development Authority (IRDA) for setting up Insurance Repository. NIR facilitates holding of all type of insurance policies in electronic form in a single e-Insurance Account (eIA). This can be accessed and operated online on a 24 /7 basis. For more details visit https://nir.ndml.in
This is an initiative by the Ministry of Electronics and Information Technology (MeitY), Government of India to provide online payment services by Citizens to Government for availing various government services in an online, efficient and transparent manner. For more details visit www.paygovindia.gov.in/
NSDL Group comprises of National Securities and Depository Limited (NSDL), NSDL Database Management Limited (NDML) and NSDL e-Governance Infrastructure Limited (NSDL eGov).
For more details about NSDL Group and its projects, please refer to following websites: