NOT Easy to Do Business
|5||23 Aug 2016 - 17:51||Anonymous (not verified)||220.127.116.11||Not Easy to Do Business||Health Tech Company||Delhi||New Delhi||2/5||2/5||1/5||2/5||Get credit||Corrupt officials who asked for bribes||Tax Scrutiny notice came over with standard 30 pointer across the industry irrespective of whether things were applicable to us or not. After submitting a big bunch of documents, another requirement came over with 20 additional points which was not relevant to us. We appeared 5-6 times in order to settle the case and finally we had to carry 20 files and folders with us to show them few invoices of their consent. Then we needed something else to close the case as he was not able to find any fault in records.||
Keep your accounts updated with all documents supporting for all major expenses
Audit should be done in detail and with proper annexures
Proper approvals from Directors on major Capex & Opex expenses
Tax Audit should be properly documented
|24||16 Nov 2016 - 17:01||Anonymous (not verified)||18.104.22.168||Easy to Do Business||Medical Shop||Maharashtra||Nanded||2/5||4/5||4/5||4/5||
Register the business
Get registration and licenses under labour laws
Get building plan approved
Get electricity connection
File returns under labour laws, environmental laws, tax laws, etc.
|It was easy for my family to set up our medicines wholesale business. We tried to register our business, acquire land, register property, get permissions and licenses under labour laws, get building plan approved, get electricity connection, pay taxes, file returns under labour laws and tax laws. I would say it was easy for us to set up and register our business because we were ready to bribe the officials. In my opinion that is a given and probably is mandatory to get your work done.||My advice to other businessmen would be either be ready to bribe or have patience for the lengthy procedures and formalities in order to start and register your business or start up.||
Keep it Anonymous
|25||16 Nov 2016 - 17:18||Anonymous (not verified)||22.214.171.124||Not Easy to Do Business||Social Sector,Non-profit||Karnataka||Bengaluru||2/5||2/5||1/5||2/5||
Register the business
Trade outside state/ country
|They keep asking me to submit some new document every time||
I helped to register a non-governmental organisation in the social sector in Bengaluru, Karnataka. The number of documents required to do the work was boggling, and very troublesome. It was quite a task to get a VAT certificate for our social enterprise. It took close to a year, as the process was lengthy and the officials kept asking for newer documents at every visit.
|29||16 Nov 2016 - 17:44||Anonymous (not verified)||126.96.36.199||Not Easy to Do Business||Branding||Gujarat||Ahemdabad||2/5||1/5||1/5||2/5||Register the business||Other||Didn't know anything about bureaucracy||
In my opinion, it is absolutely not easy to conduct business in India. I tried to establish a brand that produces sunglasses in Ahemdabad, Gujarat. Aside from the total lack of information, I had to submit completely unnecessary documents. I fail to understand as to why my phone bill was required, when I’m already submitting another documents for address proof? I still don't know why they need so many documents.
I did not have any foresight, and it was made worse by the bureaucracy at the government offices, where nobody really knew anything. I had to go to various offices and stand in the queue to figure out which document is required by which window.
I also did not have a team, and thought I could do everything by myself - one can't fight the bureaucracy alone!