Ending State Inspector Raj - Start Up and Business

Per the announcement by PM, start ups will not be subject to any inspections for the first 3 years. This should cover domains like Labour, Provident Fund, Income Tax, Service Tax etc.

With this post, we would like to seek your inputs on what are the inspections exemptions that business friendly States should grant to Start Ups and Entrepreneurs?

We will then compile them and submit to DIPP, Central Govt Stakeholders and key states so we get as many states to provide these exemptions for Start Ups. more  

View all 56 comments Below 56 comments
I have a question why do we have nationalized banks? Are we still living in a socialist country?? That is why the hardship Mr Nair. It is again the socialist model that does not work. more  
BJP IS LOSING IN PANCHAYAT IN KASHI ,ETC WHICH IS ALARMING 4 BJP,MODIJI PLEASE VISIT MAHARASHTRA AND MANY STATES,GO TO FARMERS PERSONALLY AND GRANT MORE MONEY AND GIVE THIS MONEY YOURSELF ,Rs 3800 IS VERY LITTLE GIVE MORE AND MAKE THEM HAPPY OTHERWISE BJP WILL BE LOSER EVERY TIME ,AND SHARIF IS NOT SHARIF ,DON'T BELIEVE ON PAK ,US,CHINA AS THEY R ENEMIES OF INDIA DO THIS QUICKLY COZ BJP IS LOSING EVERYWHERE ,MODIJI U NEED ADVISER AND PROMOTE UR WORK TO EACH CORNER OF INDIA THROUGH UR SELF PLEASE DO THIS FAST ,IN MAHARASHTRA BJP IS 4th IN PANCHAYAT ,BEING CORRUPTED CONGRESS AND PAWAR R WINNING ,EXPOSE CORRUPTION OF CONGRESS AND PAWAR EVERYWHERE & CUT THE FRIENDSHIP WITH PAWAR AND IS CRIME PARTY OR GO TO GUJRAT AGAIN WHICH WILL BE THE FUTURE IF U DON'T DO THIS FAST more  
I feel PF exemption should not be grated under this as it well affect the Employees welfare. more  
I am having a bad experience due to the hardship of the financial Institutions like Kerala Financial Corporation in 1982 when I started my SSI unit in Kerala after resign my job in MSEB as Junior Engineer and went for Entrepreneur Ship courese Conducted by SISI I applied for a loan of 200,000/- and they sanctioned only 1.38 Lakhs and disbursed only 94,000/- since it is a technocrats scheme I need to invest only 10% and the KFC put me in bad condition not allowed me to work well they closed the SSI Unit by RR action and kept locked it for 3 year and soled the machinery for below 50,000/- and they attached my other property also I ran away to Gulf for an employment and paid back more than 700,000- only for running the unit for 1 and half year so my request to our Hon.Prime Minister please study the previous experience of the entrepreneur like me who failed only due to the unprofessional approaches of the Financial department of the State Government and if you can provide good support to the people who starting their SSI unit other wise don't put them in trouble and make them suicide I WROTE LIKE THIS ONLY DUE TO MY HORRIBLE EXPERIENCE WHICH I WAS FACED ON THAT TIME. I am request again to make a study about the failure of the SSI Unit which was closed due to the bad approach of the financial departments and Industrial department in previous year in India from 30-40 years including how many people suicide out of this etc more  
All tha above exemptions like Labour laws, Provident fund, Income tax, Professional tax, Serviice Tax, VAT, Excise Duty, etc must be done away with for the first FIVE years. Any startups needs FIVE years to establish themselves in the market and they must be let to grow without any interference and blockages from government's regulatory machinery. more  
Post a Comment

Related Posts

    • Doctors taking cuts from pathology

      Was recently in Jhansi and learned that Doctors take 40% to 50% commissions on tests they refer to a particular lab. Can LocalCircles please bring this out in the public domain and it sh...

      By Aditi Gupta
      /
    • Iphone and android issues

      I am glad that finally LocalCircles Manager has raised the issue of iphone calls not going through. What a disaster has it been. Went to the saket Delhi store, they did something but could not fix....

      By Mala Sehgal
      /
    • Rupee’s Downward Slide and Its Impact on Stock Points, BSE, and NSE and other .....

      For a layman like me, not well-versed in the nuances of the rupee's decline against the dollar, a drop of ₹4.85—or roughly 6%—over 23 months might not initially sound alarming. However,...

      By Jayakumar Daniel
      /
    • Household Squeeze and School Fees

      This household squeeze report of LocalCircles manager is 200% right. https://www.localci...

      By Anshu Verma
      /
    • Pressures on household and small business both

      I came across this tweet on my WhatsApp entrepreneur group so came to check out LocalCircles.

      By Amit Soni
      /
    • Economy and Markets Outlook

      This report by LocalCircles is indeed the truth whether like it or not. https://www.loca...

      By Vibhor Chhabra
      /
    • Middle Class Squeeze is big

      What an excellent survey by LocalCircles to show plight of India’s middle class. ht...

      By RN Chopra
      /
    • Tolls should be free in India

      These expressways (in attached)?built by income tax paid by the salaried class. And the irony is that the same salaried class has to pay thousands of rupees in toll even after the cost i...

      By Ajay Dutta
      /
    • Upper Middleclass Juice being extracted

      Dear Upper Middle Class, wake up! Your every penny is being looted by rising interest rates, crushing income taxes, skyrocketing GST. RBI’s epic failure! Outdated inflation & ...

      By Aditya Saxena
      /
    • HPv now

      What hype unnecessarily from Govt of Karnataka

      By Sarita Ravichandran
      /
    • Government Wasting Taxpayers Money

      Look at these flats—brand new with amenities like electricity, water, cooking gas, elevators, a children's park, and a health center—all located in Delhi and gifted by GoI to slum dwell...

      By Ruchika L Maheshwari
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)