Making doing business in India, a great idea by Modi, is strongly sabotaged by two govt. departments - so strongly that these two departments undo whatever Modi is attempting to do. The first is the company law board: This has a website that simply does not work. It has been put into operation without proper design, development and testing. I know a case where an SME, to enhance the capital from 25 to 75 lakhs has taken more than two months and yet the job is undone - all because of this website that simply does not work. I also know a case where an Indian and two foreign entrepreneurs located their manufacturing unit in India and regretted for having come to India solely due to the meaningless obstacles put on them by this department. This department is also notorious in not just already having rules with no sense except to harass the entrepreneur and delay any process of progress / growth. I would recommend the high powered committee that was created by Modi to remove one law a day must work on laws that concern this department first and remove the laws and rules that block both the doing business India mission and Make in India mission frustrating to accomplish for genuine entrepreneurs. I sometimes feel that this department is acting on behalf of the opposition party/parties! Unless this first hurdle is removed and the department is made to realize that its role is to facilitate and not to block the citizens coming to it, these great missions will take an unduly and avoidably long time to start producing results.
The other department that is a very severe block is of course the notorious Income Tax department. The attitude of this department has to change diametrically opposite to what it is pursuing: that citizens do not want to pay tac and unless they harass them, tax collection would fall. Of course the primary purpose of this department's harassment of the citizen is to extract corruption for themselves. Recently I came across a case where my friend's chartered accountant submitted a tax return for my friend's company running a (genuine) loss of 5 lakhs; the deputy commissioner of income tax asked for a payment of Rs 1 lakh to him to accept the return without any question. My friend's chartered account explained to him that he is not a tax evader, and that he is genuinely in bad financial condition and so he can pay only 10 thousand rupees bribe. But the deputy commissioner said: 'What do you think, a deputy commissioner is so cheap? I won’t come down even by 1 Re. of my demand.' The friend and his CA could not meet his demand and they get an order from the deputy commissioner the next day that he has to pay 5 lakhs to the department. Even if my friend goes on appeal, first he has to pay and then go on appeal. And we know in our country how fast the courts/tribunals function and so my friend is in dire trouble. What to do with such people in IT department who are armed with power to penalize genuine citizens unjustly for their own selfish ends?
We need to look into the laws and rules that make these departments just to obstruct and coming in the way of India and Indians growing. We should remove laws and rules not just one law a day but a dozen and that too within days and not even weeks, on a priority basis for these two departments. more  

View all 44 comments Below 44 comments
Why not bodies like CII and other business associations takeup with govt strongly for reforms?unfortunately most of the peoplewant to cut corners and earn money! You look at NGOs and they too want to abuse the provisions ! There is Arvind Kejriwal who tries to cleanse the system in Delhi, but centralgovt is creating all the hurdles;theremay be flaws in his approach butwe have the give a fair try selectively if we are a true Democracy! more  
People take corruption route because of the corrupt officers. more  
Make the law more strict for the person who is involved in corruption. more  
My Idea is different , the correct method would be Eliminate Corruption not Fight corruption. Its very simple if Govt want, if we want , find my proposal just copied from Scandinavian country. 1. Below 10yrs for children all the medication free 2. Below 18yrs the medication would be 50% payable 3. Below 18Yrs all the education free 4. Retirement age should be 45yrs 5. After retirement ( after 45yrs ) medication free 6. Pension to all citizen despite of private / Govt / semi-govt, half of the salary against Last Rank / Last Drawn salary as Income Tax Doc 7. In life One house loan can be taken without interest against PAN No., the choice would be linked with how much tax are being collected from the individual PAN 8. Reservation should be based on economic condition , not based on caste 9. It need to fix the size of city , the population density of individual city should not be more than 2500head/sq.km 10. Finally Govt must deduct 30% tax from our income. One must remember , we are not bad, the systems creating bad people. I must invite people to study about Scandinavian Countries. more  
I fully agree with Sri Sundaresan that we should immediately take up such issues with the PMO & the concerned Minister by logging our complaints in their portals. Under Modi's rule, you will see definite action. Social media route has to be adopted. more  
Post a Comment

Related Posts

    • New ways to loot public money

      Dhoots, the owners of bankrupt Videocon owe Rs. 64,000 crores to taxpayers (banks). Under the brilliant bankruptcy law enacted by Govt, the banks can recover only 4% of this amount. The b...

      By Ajay Agrawal
      /
    • Anti- Corruption

      My understanding/opinion The amended 2018 Prevention of Act is in favour of the corruption. The CBI cannot even register a corruption case against a public servant without the approval of the ...

      By Lucian I D P
      /
    • Bribery to Bureaucrats and Politicians

      One of the most common ways companies, Builders, Businessmen bribe Bureaucrats Politicians Doctors and any others on the receiving end is to buy an expensive vehicle and give it to them for use.

      By Garima Sharma
      /
    • Loot by bad corrupt business through banks

      Yesterday, banks wrote off 50,000 cr loans by the Videocon group & sold the company for 5000 cr. Today banks wrote off ~ 5000 cr loans by Siva group & sold the company back to hi...

      By SN Mittal
      /
    • Where did Covid Hospital Bribery happen

      https://www.localcircles.com/a/pub...

      By Naina Mittal
      /
    • advt in leading newspapers across india a few days ago

      two days back there was a quarter page advt.in many leading newspapers across india by a company called Landomus Usa.the company said that it would invest equity of usd 500billion,in phase 1, in in...

      By Suresh Dasarathy
      /
    • Together Against Corruption

      Needless to say,the corruption is in our blood. In Covid pandemic:we could have done better,but the "C" factor influences most of the business and political communities. 1. Remdesiv...

      By ANANTPADMAKAR AYYA
      /
    • Neta Corruption through Police

      This is also an example of corruption that prevails in every state of India pretty much. Corrupt Neta ji sets targets and then get machinery to collect. Machinery collects a bit more and...

      By Vikram Gupta
      /
    • Our halla on transport corruption worked

      Ministry of Road Transport has launched Aadhar-authentication based contactless services Now applying for learner' s license, DL renewal & duplicate DL, registration application for...

      By RN Chopra
      /
    • Corruption in Resident welfare Associations

      I am a member of a resident welfare association. Recently (28.12.20) I demanded an inspection of documents including an advocate's bill reportedly paid for a huge and disproportionate amount to def...

      By LOGANATHAN KOTHANDARAMAN
      /
    • Conversation between Republic CEO and BARC - Ex CEO from Mumbai Police

      Please find attached chat transcript between Arnab Goswami of Republic and ex BARC CEO. Highlights corruption in media esp in regards to TRP scams. Also shows who is aligned with who. The biggest s...

      By Anonymous Circle member
      /
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.)