NOT Easy to Do Business
Primary tabs
Secondary tabs
| # | Submitted | User | IP address | It was | Sector / Industry | State / UT(desc) | City | Response-time of officials | Number of documents to be submitted | Availability of information about the process | Overall Rating | It was an attempt to | Other | The problem was | Other cause | Details of experience | Advice for others | Share my story with | Name | Contact no | Privacy Policy | Contact me | Display it | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 15 Oct 2016 - 15:00 | Anonymous (not verified) | 103.61.255.50 | Not Easy to Do Business | Travel | Delhi | New Delhi | 3/5 | 3/5 | 2/5 | 3/5 | Other | Procuring Insurance Policy Licensing | Can’t find information | I am in the bike renting business and I am not able to get information related to insurance policy licensing. | Google will come handy | Keep it Anonymous | Anonymous | 9811845246 | devanshu.khandelwal@apar.com | I have read and I agree with the Privacy Policy mentioned below | Yes | ||
| 12 | 15 Oct 2016 - 15:03 | Anonymous (not verified) | 103.61.255.50 | Not Easy to Do Business | Direct Selling | Delhi | New Delhi | 2/5 | 3/5 | 3/5 | 3/5 | Register the business | Confusing laws that say different things | India doesn't have any specific law which governs Direct Selling Industry due to which people call Direct Sellers as Spammers or Fake | Do your research before starting a direct selling business | Keep it Anonymous | Anonymous | 9711099116 | dtickoo@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 | ||
| 13 | 17 Oct 2016 - 07:41 | Anonymous (not verified) | 122.162.93.116 | Not Easy to Do Business | Education | Delhi | Delhi | 2/5 | 2/5 | 2/5 | 2/5 | Get building plan approved | They keep asking me to submit some new document every time | Its a visious circle | Find out a mediator who knows everything and can get things done at one go - a lawyer or a charted accountant. | Keep it Anonymous | Anonymous | 01122222222 | abcd@gmail.com | I have read and I agree with the Privacy Policy mentioned below | Yes | |||
| 14 | 1 Nov 2016 - 22:19 | Anonymous (not verified) | 110.225.55.126 | Not Easy to Do Business | Hospitality | Delhi | Delhi | 1/5 | 1/5 | 1/5 | 1/5 | Get credit | Corrupt officials who asked for bribes | A bank manager asked for bribe for approval of loan. | Don't take loan from government banks. | Keep it Anonymous | Anonymous | 9818248285 | sonusth2005@gmail.com | I have read and I agree with the Privacy Policy mentioned below | Yes | |||
| 15 | 3 Nov 2016 - 16:14 | Anonymous (not verified) | 42.111.76.181 | Not Easy to Do Business | Fireworks | Delhi | Rohini | 3/5 | 1/5 | 2/5 | 2/5 | Other | get license to sell fireworks. | They keep asking me to submit some new document every time | Every time, I need to approach the explosives office in Faridabad, it gives me chills in my bones as it takes a lot of time to get even a small permit. I remember that for days, I had to run around in the office to get the license. Every time I met them, they asked for some other documents. Coming from Rohini to Faridabad is in itself a great challenge especially when Diwali is already nearby. | Take as many documents as you can to the government office. You never know what the offiicials ask for or else you have to waste your one or more days. And never try to prove them wrong or give a rational reason as the officials will never listen to you. | Keep it Anonymous | Anonymous | 9873437299 | shubham.stats@gmail.com | I have read and I agree with the Privacy Policy mentioned below | Yes | ||
| 17 | 5 Nov 2016 - 08:10 | Anonymous (not verified) | 47.30.32.154 | Not Easy to Do Business | Private/Construction | Delhi | Sadar Bazar | 3/5 | 2/5 | 2/5 | 2/5 | Get construction permit | Corrupt officials who asked for bribes | It was quite tough to complete the construction on time due to the continuous and unnecessary interference of the officials on the construction site. | Always keep a copy of complete paper work with you |
Both Keep it Anonymous |
Anonymous | 9968068073 | sharma.richa1507@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 | ||
| 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 | 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 | |
| 32 | 16 Nov 2016 - 17:56 | Anonymous (not verified) | 203.122.16.122 | Not Easy to Do Business | Software | Delhi | Delhi | 3/5 | 2/5 | 2/5 | 3/5 |
Register the business Pay taxes File returns under labour laws, environmental laws, tax laws, etc. Other |
Acquiring another business | Submitting the same document to different departments |
I had a difficult time starting my software business in Delhi. I didn’t have to pay a bribe to register a Pvt. Ltd Company but had to pay a bribe to complete the registration of a proprietorship. There is no clarity on taxation. For example, when you pay someone for their services you have to deduct 10% TDS. I had no idea of any sorts if that person is Amazon or a MNC who have their offices in India and if I had availed their services did I need to deduct 10% TDS. Amazon demanded a full payment. I contacted a dozen charted accountants and even a friend of mine who is in the Indian Revenue Service. None of them had a clue. But all of them suggested paying TDS to be on a safer side. So I had to pay the full amount to Amazon and on the top of that 10% to the dear Government of India. There are so many scenarios where there is no clarity at all. Investment laws are a total mess. God help you if you ever receive a FDI. I received it once only to the return the amount of Rs. 5 lakhs. This is because the amount of running about I would have to do was not worth the amount. The legal system is terrible. If I may say, it is effectively a joke. An acquisition of one my products fell through because the acquirer did not want to make disputes subject to the Indian jurisdiction in the contract. In the acquirer’s own words – “the Indian legal system isn’t held in very high regard here” (in Australia). There are high costs involved in doing business especially in India. My gateway charges a 5% premium (so a 3% + a 5%) for the Indian Businesses because of the increased cost of operations. So an American Company charges only 3% whereas I have no option but to settle at 8%. There are innumerable other hassles as well. It is like a death by giving thousand cuts. |
Even in the software industry, regulations are very high. Be patient and prepared to wait for a while to get through. |
Keep it Anonymous | Anonymous | 02026634513 | director@siu.in | I have read and I agree with the Privacy Policy mentioned below | Yes | ||
| 33 | 16 Nov 2016 - 17:59 | Anonymous (not verified) | 203.122.16.122 | Not Easy to Do Business | Financial | Delhi | Delhi | 3/5 | 4/5 | 2/5 | 3/5 | Register the business | Other | Registration of name |
I did not find it easy to set up my financial enterprise in Delhi. It took us a couple of months only to get the name of my company registered. Every time I submitted a name, it used to get rejected without any known reasons. It was very time-consuming, taxing and unnecessary. Only this step set me back by three months at least. Getting the trademark registered was a problem because I had to go through a lawyer. I fail to understand why couldn’t I find all the information myself and do it independently without involving extra costs. An entrepreneur abroad can do these things independently without taking anyone’s help. I could have saved a lot of money if I knew the procedures. |
Consult some expert who will help you out legally and also in financial matters. I think that’s the only way out because I couldn’t do everything on my own. |
Keep it Anonymous | Anonymous | 9649860773 | ishan.techwiz@gmail.com | I have read and I agree with the Privacy Policy mentioned below | Yes | ||
| 40 | 23 Nov 2016 - 18:18 | Prashant | 203.122.16.122 | Easy to Do Business | Manufacturing | Delhi | Delhi | 3/5 | 2/5 | 3/5 | 3/5 | Register the business | It was not a very complicated process to register the business. However the rules of Excise Duty and Sales Tax is one hassle I face. I have to redesign the process according to the various needs of our clients. At times this becomes a problem. Sanitation and cleanliness is to be maintained because inspection is something unexpected. | One has to be very persistent if you want to start a business. Stick with your project and fight the system. | Keep it Anonymous | Anonymous | 9310533008 | saurabh@dynapen.in | I have read and I agree with the Privacy Policy mentioned below | Yes |