Ease of business

It would be a great welcome, if measures are announced on improving business. There can be a comprehensive review for doing business in India. There are so many regulatory hurdles and reporting requirements, which make operating a business in India difficult and non compliant. It can encompass various tax laws, effective implementation of IT infrastructure in every area of Government to enable the applicant know and get the status of application without going to Govt office.

One important recommendation is for improving the environment for investments. Currently, there is huge amount of litigation in court on Income tax on investments made in Equity. For Capital formation, what is very pertinent, is to increase the confidence of investor investing without any worries of differential taxes. For e.g. one investor investing into equities is subject to different tax treatment, if its done using different vehicles, which is absurd. Ultimately any kind of investment made in equities should have simple one rate of taxation as determined by the government. Any rationalization in making it simple, clear and more importantly uniform would be greatly welcomed.

These can be made uniform even for other instruments of investments.

I can contribute on this subject a lot, as its my profession of investing money. Happy to help. more  

On the one hand we want to establish new business, but never defame business people by strick law system,they are creater, stop such tendencies, many business persons like Rajkumar bansal of raipur had sucide due to defame him.
shivshiva.webs.com more  
My opinion is that income tax should be imposed on big farmers and revenue collected from them and this amount be directly transfered to small farmers account more  
Am quite hopeful that it will be observed by the new MODI govt... more  
"Minimum Government and maximum governance" principle should be followed by states also. more  
Very positive.. more  
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