NOT Easy to Do Business
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| # | Submitted | User | IP address | It was | Sector / Industry | State / UT | 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 | Email(desc) | Privacy Policy | Contact me | Display it |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 109 | 22 Aug 2023 - 23:01 | Anonymous (not verified) | 108.181.171.234 | Easy to Do Business | Icxqxc W | Karnataka | Tours | 4/5 | 2/5 | 2/5 | 1/5 | Transfer property |
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Media | Alim Al Razi | Fvhfrfjdzxps | contentsupplier023@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 | |||
| 110 | 24 Aug 2023 - 13:10 | Anonymous (not verified) | 108.181.171.234 | Not Easy to Do Business | Fin aaj Zfe d | Delhi | Tarbolton | 2/5 | 2/5 | 4/5 | 4/5 | Get permits and licenses under environmental laws | Can’t find information |
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Both | Alim Al Razi | R Ivapm | contentsupplier023@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 | ||
| 101 | 16 Jul 2021 - 20:28 | Anonymous (not verified) | 50.2.15.121 | Easy to Do Business | Y Qoa Oqwg e | Telangana | Nederhasselt | 5/5 | 1/5 | 1/5 | 2/5 | File returns under labour laws, environmental laws, tax laws, etc. |
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Keep it Anonymous | Darwin Echols | T Bz Dkwk Q | darwin.echols@hotmail.com | I have read and I agree with the Privacy Policy mentioned below | Keep me updated about responses to my report and experience. | Yes | |||
| 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 | ||
| 10 | 13 Oct 2016 - 17:19 | Anonymous (not verified) | 117.197.237.27 | Not Easy to Do Business | Consutling, Project Mgmt | Odisha | Bhubaneswar | 1/5 | 2/5 | 2/5 | 2/5 | Other | Register to practice | Delay by the department even though I completed the procedure | I have applied to register as an approved Engineering Consultant to Bhubaneswar Development Authority almost 2 years ago and I am yet to hear from them. There has been no progress on my application as of yet. | I am clueless to give any advice to other entrepreneurs. | Senior Department Officials | Dr Krishan Kumar | 916742396124 | dhanadam@gmail.com | I have read and I agree with the Privacy Policy mentioned below | 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 | ||
| 83 | 16 Dec 2016 - 16:59 | Prashant | 203.122.16.122 | Not Easy to Do Business | Property | Delhi | Noida | 3/5 | 1/5 | 1/5 | 1/5 | Register property | They keep asking me to submit some new document every time | Tranferring a property is perhaps the most painstaking procedure one can go through. I tried to transfer a property to my name, but it took me two months of waiting and running around to get it done. Unfortunately, that too they misspelled my name, but I'm not going through that hell ever again! It's very cumbersome and tiring. | Make sure you spell your name right. | Media | Divyansh Pandey | - | dpandey26@gmail.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 | ||
| 89 | 2 Nov 2020 - 03:45 | Anonymous (not verified) | 185.164.57.185 | Not Easy to Do Business | Bldrb | Delhi | Maasland | 1/5 | 1/5 | 5/5 | 2/5 | Resolve the court dispute | Confusing laws that say different things |
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Media | Edison Baumgardner | Sagvn | edison.baumgardner@outlook.com | I have read and I agree with the Privacy Policy mentioned below | Keep me updated about responses to my report and experience. | Yes | ||
| 5 | 23 Aug 2016 - 17:51 | Anonymous (not verified) | 60.254.110.86 | 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 |
Keep it Anonymous | Anonymous | 9910128627 | finance@pharmasecure.com | I have read and I agree with the Privacy Policy mentioned below | Keep me updated about responses to my report and experience. | Yes |