Where is the rule that fumasta (mumbai) is now lifetime?

As per your query it is understood that you need information about the Gumastas license in Mumbai.

·      The Gumasta license is issued under the Sub-section (2) of the Maharashtra Shops and Establishment Act, 1948

·      The Gumasta license is valid for one year and you can extend it for ten years.

·      This license is valid for one year, and you must apply within 30 days of the date of expiry of the registration certificate

·      It is a mandatory document to help you register yourself as an authorized entity

·      It is proof that you are authorized to operate a business in Maharashtra

·      This license is a must for any business to be recognized by the Government or Bank irrespective of the fact that an individual or an organization does the business.

Hope it helps!

Regards,

Anusha Singh

The 1948 Act has since been repealed by the 2017 Act. The present enactment, to my knowledge, do not have any provision mandating 'Gumasta' license or its renewel.