The start ups bring new/unique idea and also develop good technology platform. They generally fail due to their inability to gauge its commercial viability and visualize its scalability. more
All the law relating to doing business / start up are of coercive in nature. No guiding factor, only imposition of panalities if law is not followed. Laws are so complicated that a ordinary public can not understand. Govt. to simplify the things to make doing business easy more
Are we Indians too dependent on Government to make our lives comfortable? At best Governments can make things easy by simplifying statutory processes (such as GST filing). Government has no role or impact on any of the top 10 reasons shown above. As entrepreneurs, its our responsibility to take care of them. Entrepreneurship is definitely a risky game and there are much more mortality than success. That is a universal norm. more
Governments can make things easy by simplifying statutory processes (such as GST filing) - that is what is expected of any Govt. It may help enterprenuer in focussing on other factors more
either state govt. or central govt.institutions should facilitate for the growth of startups by changing the laws/acts ,changing the mindsets of employees by continuous training programmes rather than getting funds from central govt by their influence and starting the startups by themselves. more
Rampant corruption and lethargy in concerned gov offices and is not mentioned. Many startups could not takeoff due to this reason which has been totally missed in the above list of reasons! more
Only few States opted to go in line with the Union's planning are stepping to the needy. S.C. to support GOI, RBI ventures of economic development. more
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% - ...
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...
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.
36% students from IIT bombay are unemployed at graduation. Where exactly are we headed as a nation. Imagine the state at NITs and other govt engg colleges. Private colleges to we must forget only. ...
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...
Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...
Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...
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...
Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...
What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...
By Hasmukh Sangani
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