Startup/Making Doing Business Easier in India

34711 members

31260 conversations

Founder: LocalCircles Manager

This online community brings together established entrepreneurs, start up entrepreneurs, prospect entrepreneurs, India based SMEs and anyone who is associated with the business ecosystem in India. It enables all to share issues, share experiences, find references about investors, mentors, service providers, how to get something done as well as find potential partners and enablers for your business. Collective issues raised by entrepreneurs are raised with the various Central and State Government Stakeholders so setting up and doing business in India continues to become easier. This circle will also help the entrepreneurs to connect with the various state and local government departments to reduce bottlenecks and ensure smooth functioning of their businesses.

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Taxation Issues faced by Startups: Inputs Sought
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Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...

By LocalCircles Manager

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Viewed by 2070
Is India’s IT sector a ticking time bomb
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IT Index collapsed by 4% yesterday as it continues to struggle From 2 years ago: - Salary Hikes: 15% down to 5% - Revenue Growth: 19% down to 3% - Hiring: Down 60% - ...

By Sneha Goyal

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Viewed by 315
Misuse of new criminal law can cause havoc for business owners/small companies
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New criminal laws come into effect from today. Here is one new law to be concerned about: ‘individuals who engage in sexual relations by deceit, such as false promises of employment or marria...

By Sudesh Rai

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Viewed by 254
Layoffs everywhere
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Layoffs going on in full swing in IT sector! Daily 1-2 news coming in closed circles... crazy consolidation. Worser than 2000, 2002, 2008-2009 and 2015.

By Vijaya Nair

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Viewed by 317
Terrible job market
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By Ajay Dutta

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Viewed by 301
Startup journey in India
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- Incorporate, get MCA notice - Raise angel funding, get Angel tax notice - Create products, get Legal Metrology notice - Generate revenues, get GST notice - Raise VC funds, get...

By Shikha Chhabra

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Viewed by 171
GST number is designed to compromise your details
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Dumbest thing in GST is using PAN as GST number and Mandating displaying GST number in Sign Boards. So that everyone on street knows our PAN. PAN is used as password in income tax docume...

By Vinay Sen

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Viewed by 334
Will many CAs may have to close soon
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Many CA, CS and CMA Professionals have to either change work or close their practice after this attached circular.

By Ajay Dutta

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Viewed by 334
The online education bubble and moron VCs of India
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In the last 7 years, Byjus raised almost ₹48k crore, spent more than ₹20k crore, hoodwinked thousands of innocent, poor parents, sponsored Football & Cricket World Cups, hired and paid Shahrukh...

By Sudesh Rai

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Viewed by 272
Layoffs everywhere
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I know this LocalCircles circle has many startup founders and Entreprenuers. My question is why was everyone hiring like mad and now suddenly huge layoffs. This go mechanic laid off 70% workforce. ...

By Vishal Khanna

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Viewed by 513
India becoming less competitive on garments
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Yesterday, I was at the DLF Mall Saket. Had some time to kill while waiting for a friend. Walked into Marks & Spencer, checked out jackets and trousers. For fun. Almost all the items were made ...

By Shikha Chhabra

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Viewed by 322

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