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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 |
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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 |
|
18 |
16 Nov 2016 - 13:10 |
Anonymous (not verified) |
203.122.16.122 |
Not Easy to Do Business |
Printing/Designing |
Delhi |
Delhi |
2/5 |
1/5 |
1/5 |
1/5 |
Register the business |
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Other |
- |
As I attempted to register my business, I faced a lot of problems. To start with, the laws are confusing pertaining to my industry. The designing and printing industry has made their own rules for invoicing. Even though I should have the right to decide the amount that I am charging for my services but the government insists on keeping their authority and decides it for me. The government officials are not supportive and there is no consensus on the documents requested by different departments. They made me run from pillar to post without giving any clarity. I also did not receive any support from the financial institutions to start my own company. |
- |
Senior Department Officials |
Vishal Arora |
9212513666 |
plazagraphicz@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 |
