2 |
12 Apr 2016 - 17:57 |
Shashi |
203.122.16.122 |
Not Easy to Do Business |
Banking |
Delhi |
N Delhi |
3/5 |
1/5 |
2/5 |
2/5 |
Other |
Open Bank account |
Can’t find information |
|
I wanted to open a bank account for my proprietorship firm. Banks kept me asking for the PAN card for the firm and Service tax / sales tax registration certificate. However, for a proprietorship firm, PAN card of proprietor works for firm as well. Also, being a new firm, and not foreseeing the turnover crossing 2 lakh for the first year, it wasn't necessary to go for service / sales tax registration. |
Don't start a proprietorship firm if you are looking at a very small turnover. |
Both |
Vikram Saluja |
9999999999 |
vikram.saluja@vsaluja.com |
I have read and I agree with the Privacy Policy mentioned below |
Keep me updated about responses to my report and experience. |
Yes |
1 |
3 Mar 2016 - 17:53 |
Anonymous (not verified) |
203.122.16.122 |
Not Easy to Do Business |
Retail |
Uttar Pradesh |
Varanasi |
2/5 |
1/5 |
4/5 |
2/5 |
Register the business |
|
Delay by the department even though I completed the procedure |
|
There is clear information. Yet, compliance to it becomes difficult. Also it is time consuming to visit the office and not finding people to address the issue quickly. One has to waste a lot of time... |
There should be provision for getting appointment to visit the office with assurance of designated officer to be there to address the issue. Something similar to what we have for passport now. |
Both |
Amit |
9899775911 |
amitchandra2006@gmail.com |
I have read and I agree with the Privacy Policy mentioned below |
Keep me updated about responses to my report and experience. |
Yes |