NOT Easy to Do Business

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#(asc) 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 Privacy Policy Contact me Display it
7 Anonymous (not verified) 106.222.18.102 Not Easy to Do Business Manufacturing/ Packaging Uttar Pradesh Greater Noida 3/5 3/5 3/5 3/5 Get electricity connection Confusing laws that say different things There was denial for commercial electric connection on freehold plots. They agreed later, after repeated requests and talking strictly in a stern tone. I needed to get commercial connection to another freehold plot and I am not sure whether I will be able to get that without paying bribe or not.
Auditors also tell you a lot of rules at the time of inspection, seek monetary benefits to turn a blind eye. There is no website or one place where we can get a list of all the rules to be followed.

The process of registering a firm is also ironical.
They ask three guarantors who have been doing business for last couple of years (I think 3 or more) and have been filing returns timely. In case you do not have three guarantors you can also get a fixed deposit opened of 25,000 in the name of the firm and use that as the guarantee. Now the irony here is that hardly any bank would accept to open a fixed deposit in the name of the firm which is not yet registered. Since we did not know enough businessmen in Greater
Noida, we visited a number of banks who refused to accept money and open a FD in the firm's name. Luckily I met a bank manager who understood and agreed to help. This is how we got a FD and hence were able to get the firm registered almost when we were about to lose hope.

Another experience is that when two different states get involved, different taxes also get involved. This is applicable for goods being brought into Delhi from another state on C.S.T. We need to share a copy of bill with the Delhi client who then sends a D-form and only then can the goods be brought into Delhi with the bill and the D-form from the client. This form contains same information present on the bill i.e. - date, goods, quantity, vehicle registration number and the billed amount. This process can be managed if you bill electronically and share the documents via email. Doing the same manually will involve additional delays. I think GST might be a big step in resolving this issue.
You need to know influential people to get your work done or be prepared to argue trying to make the officials understand your rational. Keep it Anonymous Anonymous 9868639096 naveen.ydv125@yahoo.co.in I have read and I agree with the Privacy Policy mentioned below Keep me updated about responses to my report and experience. Yes
6 Anonymous (not verified) 137.59.63.182 Easy to Do Business Construction Uttar Pradesh U.P. 3/5 5/5 4/5 4/5 Register the business My experience was pretty much a good and an easy experience since I took expert advice to register my business. Always take expert advice in the particular state you want to start and register your business because different states have different rules.
Local advocates know the best way out and they will be able to help you.
Keep it Anonymous Anonymous 9810053311 aanna.associates@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
5 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
4 Anonymous (not verified) 106.219.54.16 Easy to Do Business Public Relations Haryana Faridabad 4/5 5/5 5/5 5/5 Other Work independently Self employed so did not need much documentation or Govt intervention None Keep it Anonymous Anonymous 9899175275 reachgarima.sharma@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
3 Anonymous (not verified) 203.122.16.122 Not Easy to Do Business Education Delhi Delhi 2/5 2/5 3/5 2/5 Register the business Delay by the department even though I completed the procedure Sample feedback for testing interface Be ready to spend a year chasing permits. Keep it Anonymous Anonymous 7042823213 sajad@ccs.in I have read and I agree with the Privacy Policy mentioned below Yes
2 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 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