Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Time Taken to Open Business in India

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Time Taken to Open Business in India
News and Press Release
Dated:- 27-11-2012

Press Information Bureau Government of India Ministry of Corporate Affairs 26-November-2012 19:31 IST T .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he Government has said that the time taken to register a company has been reduced to 48 hours. Similarly, issue of Director's Identification Number (DIN) and name availability of company can now be do .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ne online within 24 hours. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that as per the Report of World Bank .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... titled "Doing Business 2012: Doing Business in a more Transparent World", India is ranked 166th. The report maintains that for starting business 29 days are required. The report also identifies factor .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s like Sales Tax, Registration, purchase of office/lands/buildings etc., which are under the State Governments as responsible for delays in initiating business. Shri Pilot further informed the House .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... that to further improve the process of opening business and spur entrepreneurial growth, his Ministry has set up a Committee under the Chairmanship of Shri M. Damodaran on 23.08.2012 to conduct an in- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... depth study into the existing regulatory framework for doing business in India and to suggest a comprehensive policy framework for its improvement within 6 months. ------------------------ KKP
N .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ews - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates