The document compares key parameters for ease of doing business in India with the top 5 performing countries. It shows that India lags behind in most parameters like starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders and enforcing contracts. The major issues highlighted for India include higher number of procedures, longer time taken, higher costs and lack of reforms. Areas that need improvement are streamlining procedures, increasing use of online and electronic processes, bringing efficiency in utilities and strengthening legal frameworks.
Quotient of ease of doing business in India i.e. assessing the hurdles businesses face and the procedures that have to be followed while doing business in India.
This presentation contains all the details regarding new improvements in Doing Business in India 2018. The data is taken from various news articles and Ease of Doing business 2018 world bank Report. I am ready to send detailed report along with conclusion on Ease of doing business at Attractive price..
Following are the references used in report:
1 World Bank, Doing Business Report 2018, October 2017
2 Doing Business website: http://www.doingbusiness.org
3 live mint, 2017, Matthew Lillehaugen and Milan Vaishnav: Doing business in India: myths and realities
4 Hindustan Times, October 31, 2017, P Suchetana Ray and Asit Ranjan Mishra, India jumps into top 100 in World Bank’s ease of doing business rankings
5 Hindustan Times, 1 Nov, 2017, P Suchetana Ray and Moushumi Das Gupta, Ease of doing business: How India improved its ranking.
The document describes the ease of doing business in India. It discusses the factor used for calculating ease of doing business index. It also mentions about the regulations restricting the ease of doing business in India and the way forward to improve the same.
A lucid and attractive presentation on the topic - "Ease of Doing Business in India". Discussion is done on both the basics as well as the nitty-gritty of the topic.
The government of India has, in the past few years, accorded an utmost priority to the Ease of Doing Business (EoDB). The accent is on simplification of regulations and use of technology to make the compliance more efficient for businesses. Apart from the Centre, the States are also being encouraged to implement business reforms in the spirit of competitive federalism, to foster reforms at the sub-national level. The measures are aimed at creating a conducive business environment, which is a key to facilitating growth and creating jobs. Thanks to these measures, India’s EoDB ranking, captured by the World Bank, has improved by 42 spots since 2014 to touch the 100th position now. The Prime Minister envisions India among the top 50 nations in the next couple of years.
While business reforms are being undertaken at a rapid pace and large scale, cutting across Central as well as state levels, it is imperative that awareness about these developments is created among stakeholders and regular feedback is generated to address the gaps in the implementation of reforms. Identification of pending issues and suggesting possible solutions are equally vital. It is also important to identify the best practices within and outside the country, which are considered for implementation by the needy states.
This document discusses startups and ease of doing business. It begins with an agenda that covers startups and ease of doing business. It then provides definitions of a startup according to the Indian government and details the criteria an entity must meet to be considered a startup. The document also discusses GNLU's initiatives to support startups founded by its students. Finally, it covers the concept of ease of doing business, how countries are ranked each year by the World Bank, and some of the methodology used to compile the rankings.
India is the seventh largest country by area and second most populous country. Its economy is the seventh largest in the world by nominal GDP and third largest by purchasing power parity. The document discusses ways to improve ease of doing business in India through simplifying compliances, facilitating investments, improving contract enforcement, using technology, and changing mindsets. Key government initiatives to boost employment and entrepreneurship through programs like Startup India, Standup India, Mudra Bank, and Digital India are also summarized. Challenges to business like complex taxation and bureaucratic hurdles are briefly mentioned.
Doing business in india Report- World Bank SurveyAkash Jauhari
This document compares business regulations in India to China and ASEAN countries based on the World Bank's annual Doing Business report. It finds that while India has made improvements in areas like starting a business, trading across borders, and paying taxes, it still lags in other measures like enforcing contracts. The document outlines the parameters assessed by the Doing Business report and provides rankings and comparisons for India and neighboring economies over time. Recommendations are made to further improve the business environment in India through regulatory reforms, increasing efficiency, minimizing corruption, and building political and social consensus around foreign investment.
Quotient of ease of doing business in India i.e. assessing the hurdles businesses face and the procedures that have to be followed while doing business in India.
This presentation contains all the details regarding new improvements in Doing Business in India 2018. The data is taken from various news articles and Ease of Doing business 2018 world bank Report. I am ready to send detailed report along with conclusion on Ease of doing business at Attractive price..
Following are the references used in report:
1 World Bank, Doing Business Report 2018, October 2017
2 Doing Business website: http://www.doingbusiness.org
3 live mint, 2017, Matthew Lillehaugen and Milan Vaishnav: Doing business in India: myths and realities
4 Hindustan Times, October 31, 2017, P Suchetana Ray and Asit Ranjan Mishra, India jumps into top 100 in World Bank’s ease of doing business rankings
5 Hindustan Times, 1 Nov, 2017, P Suchetana Ray and Moushumi Das Gupta, Ease of doing business: How India improved its ranking.
The document describes the ease of doing business in India. It discusses the factor used for calculating ease of doing business index. It also mentions about the regulations restricting the ease of doing business in India and the way forward to improve the same.
A lucid and attractive presentation on the topic - "Ease of Doing Business in India". Discussion is done on both the basics as well as the nitty-gritty of the topic.
The government of India has, in the past few years, accorded an utmost priority to the Ease of Doing Business (EoDB). The accent is on simplification of regulations and use of technology to make the compliance more efficient for businesses. Apart from the Centre, the States are also being encouraged to implement business reforms in the spirit of competitive federalism, to foster reforms at the sub-national level. The measures are aimed at creating a conducive business environment, which is a key to facilitating growth and creating jobs. Thanks to these measures, India’s EoDB ranking, captured by the World Bank, has improved by 42 spots since 2014 to touch the 100th position now. The Prime Minister envisions India among the top 50 nations in the next couple of years.
While business reforms are being undertaken at a rapid pace and large scale, cutting across Central as well as state levels, it is imperative that awareness about these developments is created among stakeholders and regular feedback is generated to address the gaps in the implementation of reforms. Identification of pending issues and suggesting possible solutions are equally vital. It is also important to identify the best practices within and outside the country, which are considered for implementation by the needy states.
This document discusses startups and ease of doing business. It begins with an agenda that covers startups and ease of doing business. It then provides definitions of a startup according to the Indian government and details the criteria an entity must meet to be considered a startup. The document also discusses GNLU's initiatives to support startups founded by its students. Finally, it covers the concept of ease of doing business, how countries are ranked each year by the World Bank, and some of the methodology used to compile the rankings.
India is the seventh largest country by area and second most populous country. Its economy is the seventh largest in the world by nominal GDP and third largest by purchasing power parity. The document discusses ways to improve ease of doing business in India through simplifying compliances, facilitating investments, improving contract enforcement, using technology, and changing mindsets. Key government initiatives to boost employment and entrepreneurship through programs like Startup India, Standup India, Mudra Bank, and Digital India are also summarized. Challenges to business like complex taxation and bureaucratic hurdles are briefly mentioned.
Doing business in india Report- World Bank SurveyAkash Jauhari
This document compares business regulations in India to China and ASEAN countries based on the World Bank's annual Doing Business report. It finds that while India has made improvements in areas like starting a business, trading across borders, and paying taxes, it still lags in other measures like enforcing contracts. The document outlines the parameters assessed by the Doing Business report and provides rankings and comparisons for India and neighboring economies over time. Recommendations are made to further improve the business environment in India through regulatory reforms, increasing efficiency, minimizing corruption, and building political and social consensus around foreign investment.
Economics presentation (Ease of Doing business in India ppt)Adithya Shettar
The document discusses India's performance in the World Bank's Ease of Doing Business rankings. It provides details on how the rankings are calculated based on 10 sub-indices. India has improved its ranking over the years due to various reforms like streamlining construction permits, reducing the time required to get electricity connections, implementing GST to replace multiple taxes, and enacting a new bankruptcy code. The document outlines India's progress on different indicators and highlights further reforms needed to continue improving the business environment and achieve a top 50 ranking.
The ease of doing business index is an index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Empirical research funded by the World Bank to justify their work show that the effect of improving these regulations on economic growth is strong.
Challenges of Doing Business in india - Corruption, Efficiency and the Way Fo...IPPAI
Mr. Dhanendra Kumar
Former Chairman CCI, & Principal Advisor
Indian Institute of Corporate Affairs
Ministry of Corporate Affairs, Govt. of India
at RPR 2012, 23-26 August, Goa, India
India is currently the world's fastest growing economy, with a rising middle class fueling aspirations for growth it is no surprise that investors would be looking to invest in India. India offers a great opportunity with its labour pool, market size, low cost base. There are also challenges in the form of complex tax and regulatory structure and many fold compliances to be taken care of. This presentation aims to guide the investor looking at India and educate them on the options before them.
The state government of Maharashtra has been at the forefront in creating a conducive business environment that fosters globally competitive firms. Business reforms introduced both by the Central as well as the state government have played a critical role in India’s 30 spots improvement in the Doing Business ranking for 2018.
The State, under the Business Reforms Action Plan (BRAP) 2016, has implemented over 90 per cent reforms in 7 out of 10 parameters, including labour registration, utility connections, single window system, environment registration, among others. These policy reforms have significantly helped in the reduction in time and cost of doing business for the industry, thereby
establishing Maharashtra as one of the top investment destinations in the country.
This report provides the key highlights of the select initiatives on ease of doing reforms in Maharashtra. With a view to provide on-ground impact of these initiatives, the Report also captures industry views on various aspects of business reforms.
The Doing Business 2013 report finds that over the past 10 years, 180 economies implemented close to 2,000 business regulatory reforms as measured by Doing Business indicators. While regulatory practices have been converging globally, Eastern Europe and Central Asia improved the most, overtaking East Asia and the Pacific as the second most business-friendly region. Reform efforts have focused on starting a business, tax administration, and trade. Poland implemented the most reforms in 2011/12, making business registration, tax payment, contract enforcement, and insolvency resolution easier. European economies in fiscal distress are also working to improve business regulation.
This document is the introduction to the 2017 edition of the World Bank report "Doing Business". It highlights that the report analyzes business regulations and their impact in 190 economies. This year's report places additional focus on gender equality and examines how regulations may differently impact female entrepreneurs. The report also discusses how smarter business regulations can help reduce income inequality by creating a level playing field for entrepreneurs. Many economies have undertaken reforms in recent years to improve their business environments based on the Doing Business assessments. The goal of the report is to help entrepreneurs in low-income countries face easier business conditions.
The document discusses India's rankings in the World Bank's annual Doing Business Report, which measures business regulations and their impact on domestic firms. Some key points:
- India ranked 134 out of 189 economies in terms of ease of doing business, down from 131 the previous year.
- It takes 27 days and costs 47.3% of income per capita to start a business in India, where the country ranked 179th in ease of starting a business.
- Resolving insolvency in India takes 4.3 years and recovery rate for creditors is only 25.6 cents on the dollar, resulting in a 121st ranking in resolving insolvency.
- Overall India has been a laggard in
India is the second most populous country with over 1 billion people. It has a diverse economy led by the service industry, with agriculture still employing the majority of the workforce. Culturally, India has been shaped by many ancient civilizations and religions over millennia and has hundreds of languages despite a caste system and tradition of arranged marriages. While economic growth has been strong in recent years, challenges remain around poverty, infrastructure, and corruption.
TDS and Income Tax Implications for Non-resident E-commerce OperatorsDVSResearchFoundatio
This document discusses tax and TDS implications for non-resident e-commerce operators in India. It provides background on India's taxation of the digital economy including the introduction of the concept of Significant Economic Presence (SEP) and Equalization Levy. SEP allows India to tax revenue generated from the Indian market for non-residents. Equalization Levy taxes online advertisement income and income from e-commerce supply or services by non-resident companies. The document also discusses TDS provisions introduced for payments made by e-commerce operators to e-commerce participants. It notes some open issues and caveats around SEP and Equalization Levy provisions. Finally, it provides an overview of OECD measures for taxation in the sharing
The document discusses improving India's investment climate and ease of doing business. It summarizes a report by CII and KPMG that identifies challenges in key areas like starting a business, land acquisition, taxation, and contract enforcement. The report recommends best practices from some states and suggests reforms like simplifying processes, using technology, and establishing a single window system to boost investment, generate jobs, and improve India's ranking in the World Bank's Doing Business report. Improving the investment climate could help add 15 million jobs annually according to CII.
Etude PwC Réussir vos investissements en Inde (2013)PwC France
http://pwc.to/1bFEiJI
Au cours des six derniers mois, le gouvernement indien a multiplié les initiatives pour relancer la croissance. Par ailleurs plusieurs développements juridiques et fiscaux sont susceptibles d'affecter les investissements en Inde des entreprises françaises.
Includes expectations from the Union Budget of 2016 in 3 sectors - Infrastructure, Startup Funding and Ease of Doing Business. It includes an analysis of policies in the Budget of 2015 and a log of measures the Government could take up
In 2015, India's Prime Minister Narendra Modi made improving India's ranking in the World Bank's ease of doing business index a key priority. India set a goal of reaching the top 50 economies by 2020. Since 2016, India implemented numerous reforms that drove remarkable improvements in its ranking, from 130th in 2017 to 63rd in 2020. However, there has been limited impact on foreign direct investment and entrepreneurship. While India made significant progress, further reforms are still needed for the benefits to be fully realized and for India to better compete with other major economies.
Comparative Analysis of Financial Statement OfIT industriesPranav Veerani
Comparative Analysis of Financial Statement
OfIT industries
INTERNATIONAL ACCOUNTING PRACTICES
GRADUATE SCHOOL OF MANAGEMENT STUDIES
Comparative Analysis
Introduction of IT industry
TCS
Infosys Limited
HCL Technologies
Wipro Ltd
Tech Mahindra Ltd.
Comparative of company
INDIA is one of the oldest civilizations in the world
with a kaleidoscopic variety and rich cultural heritage.
It is the seventh-largest country by area, the second-most
populous country with over 1.2 billion people, and the
most populous democracy in the world. In the present
scenario, India’s economy is the fourth largest by purchasing
power parity (PPP) and 10th largest by nominal
gross domestic product (GDP), globally.
India has seen a systematic transition from being a
closed door economy to an open economy since the beginning
of economic reforms in the country in 1991.
These reforms have had a far-reaching impact and have
helped India unleash its enormous growth potential.
Today India is one of the fastest growing economies in
the world and has emerged as a key destination for foreign
investors in recent years. According to UNCTAD’s
World Investment Prospects Survey 2012–2014, India is
the third-most attractive destination for FDI (after China
and the US) in the world.
India’s GDP has also grown at around 7.9 per cent between
2003 and 2012. This trend, according to the International
Monetary Fund (IMF), is likely to continue for
the next five years with an average GDP growth rate of
7.7 per cent per annum till 2017. India’s GDP for 2015,
valued at US$ 2.183 trillion at current prices is the 10th
largest in the world1.
New microsoft power point presentation indiabinaskotian
The document discusses business environment and regulations in India based on the World Bank's Doing Business report. Some key points:
- India ranks 142 out of 189 economies on the ease of doing business according to the report. Starting a business, dealing with construction permits, and enforcing contracts are particularly challenging in India.
- The report measures regulations across the lifecycle of a business, including starting, operating, trading, paying taxes, contracting, insolvency. India performs best in the areas of protecting minority investors and getting credit.
- Reforms have been implemented in some areas like starting a business, getting electricity, and paying taxes to improve the business environment in India. However, more reforms are still needed, especially in dealing with
The document announces a four-day training program on the implementation of the Companies Act 2013. The training will cover key topics such as related party transactions, internal financial controls, board governance, corporate social responsibility, and filing requirements. It will provide insights on compliance challenges and questions around implementing various aspects of the new Act. The program aims to bridge gaps in knowledge around the new requirements for Indian companies. It will be led by professionals from Ernst & Young and include case studies and discussions.
This Playbook is focused on guiding entrepreneurs in fund-raising and M&A conversations and sharing key learnings and directional insights about the process.
This Playbook is not intended to be a comprehensive guide on running, funding or selling a business or constitute any form of legal advice. Please consult a lawyer for formal advice relevant to your specific situation while raising funds or going through an acquisitio
Japanese companies operating in India face many barriers to doing business, according to a report from the Japanese Ministry of Economy, Trade and Industry. Some of the key barriers mentioned include inadequate infrastructure, inefficient and opaque bureaucracy, inconsistent policies and regulations, restrictive labor and foreign investment laws, high tariffs, and foreign exchange controls. Addressing these issues would help attract more foreign investment and business to India.
The document provides information on starting a business in Pakistan according to the World Bank's Doing Business study. It finds that starting a business in Pakistan requires 5 procedures, takes 16.5 days and costs 6.7% of income per capita. Specifically in Karachi, starting a business requires 5 procedures, takes 16.5 days and costs 6.9% of income per capita. The document also compares starting a business in Pakistan and Karachi to other economies and cities in the region based on procedures, time and cost.
The document provides an overview of key indicators related to doing business in Madagascar. It discusses procedures, time and costs associated with starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and employing workers. Specific metrics are provided for each indicator, comparing Madagascar's performance to the regional and global averages. The document also includes rankings for Madagascar across the different business indicators.
Economics presentation (Ease of Doing business in India ppt)Adithya Shettar
The document discusses India's performance in the World Bank's Ease of Doing Business rankings. It provides details on how the rankings are calculated based on 10 sub-indices. India has improved its ranking over the years due to various reforms like streamlining construction permits, reducing the time required to get electricity connections, implementing GST to replace multiple taxes, and enacting a new bankruptcy code. The document outlines India's progress on different indicators and highlights further reforms needed to continue improving the business environment and achieve a top 50 ranking.
The ease of doing business index is an index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Empirical research funded by the World Bank to justify their work show that the effect of improving these regulations on economic growth is strong.
Challenges of Doing Business in india - Corruption, Efficiency and the Way Fo...IPPAI
Mr. Dhanendra Kumar
Former Chairman CCI, & Principal Advisor
Indian Institute of Corporate Affairs
Ministry of Corporate Affairs, Govt. of India
at RPR 2012, 23-26 August, Goa, India
India is currently the world's fastest growing economy, with a rising middle class fueling aspirations for growth it is no surprise that investors would be looking to invest in India. India offers a great opportunity with its labour pool, market size, low cost base. There are also challenges in the form of complex tax and regulatory structure and many fold compliances to be taken care of. This presentation aims to guide the investor looking at India and educate them on the options before them.
The state government of Maharashtra has been at the forefront in creating a conducive business environment that fosters globally competitive firms. Business reforms introduced both by the Central as well as the state government have played a critical role in India’s 30 spots improvement in the Doing Business ranking for 2018.
The State, under the Business Reforms Action Plan (BRAP) 2016, has implemented over 90 per cent reforms in 7 out of 10 parameters, including labour registration, utility connections, single window system, environment registration, among others. These policy reforms have significantly helped in the reduction in time and cost of doing business for the industry, thereby
establishing Maharashtra as one of the top investment destinations in the country.
This report provides the key highlights of the select initiatives on ease of doing reforms in Maharashtra. With a view to provide on-ground impact of these initiatives, the Report also captures industry views on various aspects of business reforms.
The Doing Business 2013 report finds that over the past 10 years, 180 economies implemented close to 2,000 business regulatory reforms as measured by Doing Business indicators. While regulatory practices have been converging globally, Eastern Europe and Central Asia improved the most, overtaking East Asia and the Pacific as the second most business-friendly region. Reform efforts have focused on starting a business, tax administration, and trade. Poland implemented the most reforms in 2011/12, making business registration, tax payment, contract enforcement, and insolvency resolution easier. European economies in fiscal distress are also working to improve business regulation.
This document is the introduction to the 2017 edition of the World Bank report "Doing Business". It highlights that the report analyzes business regulations and their impact in 190 economies. This year's report places additional focus on gender equality and examines how regulations may differently impact female entrepreneurs. The report also discusses how smarter business regulations can help reduce income inequality by creating a level playing field for entrepreneurs. Many economies have undertaken reforms in recent years to improve their business environments based on the Doing Business assessments. The goal of the report is to help entrepreneurs in low-income countries face easier business conditions.
The document discusses India's rankings in the World Bank's annual Doing Business Report, which measures business regulations and their impact on domestic firms. Some key points:
- India ranked 134 out of 189 economies in terms of ease of doing business, down from 131 the previous year.
- It takes 27 days and costs 47.3% of income per capita to start a business in India, where the country ranked 179th in ease of starting a business.
- Resolving insolvency in India takes 4.3 years and recovery rate for creditors is only 25.6 cents on the dollar, resulting in a 121st ranking in resolving insolvency.
- Overall India has been a laggard in
India is the second most populous country with over 1 billion people. It has a diverse economy led by the service industry, with agriculture still employing the majority of the workforce. Culturally, India has been shaped by many ancient civilizations and religions over millennia and has hundreds of languages despite a caste system and tradition of arranged marriages. While economic growth has been strong in recent years, challenges remain around poverty, infrastructure, and corruption.
TDS and Income Tax Implications for Non-resident E-commerce OperatorsDVSResearchFoundatio
This document discusses tax and TDS implications for non-resident e-commerce operators in India. It provides background on India's taxation of the digital economy including the introduction of the concept of Significant Economic Presence (SEP) and Equalization Levy. SEP allows India to tax revenue generated from the Indian market for non-residents. Equalization Levy taxes online advertisement income and income from e-commerce supply or services by non-resident companies. The document also discusses TDS provisions introduced for payments made by e-commerce operators to e-commerce participants. It notes some open issues and caveats around SEP and Equalization Levy provisions. Finally, it provides an overview of OECD measures for taxation in the sharing
The document discusses improving India's investment climate and ease of doing business. It summarizes a report by CII and KPMG that identifies challenges in key areas like starting a business, land acquisition, taxation, and contract enforcement. The report recommends best practices from some states and suggests reforms like simplifying processes, using technology, and establishing a single window system to boost investment, generate jobs, and improve India's ranking in the World Bank's Doing Business report. Improving the investment climate could help add 15 million jobs annually according to CII.
Etude PwC Réussir vos investissements en Inde (2013)PwC France
http://pwc.to/1bFEiJI
Au cours des six derniers mois, le gouvernement indien a multiplié les initiatives pour relancer la croissance. Par ailleurs plusieurs développements juridiques et fiscaux sont susceptibles d'affecter les investissements en Inde des entreprises françaises.
Includes expectations from the Union Budget of 2016 in 3 sectors - Infrastructure, Startup Funding and Ease of Doing Business. It includes an analysis of policies in the Budget of 2015 and a log of measures the Government could take up
In 2015, India's Prime Minister Narendra Modi made improving India's ranking in the World Bank's ease of doing business index a key priority. India set a goal of reaching the top 50 economies by 2020. Since 2016, India implemented numerous reforms that drove remarkable improvements in its ranking, from 130th in 2017 to 63rd in 2020. However, there has been limited impact on foreign direct investment and entrepreneurship. While India made significant progress, further reforms are still needed for the benefits to be fully realized and for India to better compete with other major economies.
Comparative Analysis of Financial Statement OfIT industriesPranav Veerani
Comparative Analysis of Financial Statement
OfIT industries
INTERNATIONAL ACCOUNTING PRACTICES
GRADUATE SCHOOL OF MANAGEMENT STUDIES
Comparative Analysis
Introduction of IT industry
TCS
Infosys Limited
HCL Technologies
Wipro Ltd
Tech Mahindra Ltd.
Comparative of company
INDIA is one of the oldest civilizations in the world
with a kaleidoscopic variety and rich cultural heritage.
It is the seventh-largest country by area, the second-most
populous country with over 1.2 billion people, and the
most populous democracy in the world. In the present
scenario, India’s economy is the fourth largest by purchasing
power parity (PPP) and 10th largest by nominal
gross domestic product (GDP), globally.
India has seen a systematic transition from being a
closed door economy to an open economy since the beginning
of economic reforms in the country in 1991.
These reforms have had a far-reaching impact and have
helped India unleash its enormous growth potential.
Today India is one of the fastest growing economies in
the world and has emerged as a key destination for foreign
investors in recent years. According to UNCTAD’s
World Investment Prospects Survey 2012–2014, India is
the third-most attractive destination for FDI (after China
and the US) in the world.
India’s GDP has also grown at around 7.9 per cent between
2003 and 2012. This trend, according to the International
Monetary Fund (IMF), is likely to continue for
the next five years with an average GDP growth rate of
7.7 per cent per annum till 2017. India’s GDP for 2015,
valued at US$ 2.183 trillion at current prices is the 10th
largest in the world1.
New microsoft power point presentation indiabinaskotian
The document discusses business environment and regulations in India based on the World Bank's Doing Business report. Some key points:
- India ranks 142 out of 189 economies on the ease of doing business according to the report. Starting a business, dealing with construction permits, and enforcing contracts are particularly challenging in India.
- The report measures regulations across the lifecycle of a business, including starting, operating, trading, paying taxes, contracting, insolvency. India performs best in the areas of protecting minority investors and getting credit.
- Reforms have been implemented in some areas like starting a business, getting electricity, and paying taxes to improve the business environment in India. However, more reforms are still needed, especially in dealing with
The document announces a four-day training program on the implementation of the Companies Act 2013. The training will cover key topics such as related party transactions, internal financial controls, board governance, corporate social responsibility, and filing requirements. It will provide insights on compliance challenges and questions around implementing various aspects of the new Act. The program aims to bridge gaps in knowledge around the new requirements for Indian companies. It will be led by professionals from Ernst & Young and include case studies and discussions.
This Playbook is focused on guiding entrepreneurs in fund-raising and M&A conversations and sharing key learnings and directional insights about the process.
This Playbook is not intended to be a comprehensive guide on running, funding or selling a business or constitute any form of legal advice. Please consult a lawyer for formal advice relevant to your specific situation while raising funds or going through an acquisitio
Japanese companies operating in India face many barriers to doing business, according to a report from the Japanese Ministry of Economy, Trade and Industry. Some of the key barriers mentioned include inadequate infrastructure, inefficient and opaque bureaucracy, inconsistent policies and regulations, restrictive labor and foreign investment laws, high tariffs, and foreign exchange controls. Addressing these issues would help attract more foreign investment and business to India.
The document provides information on starting a business in Pakistan according to the World Bank's Doing Business study. It finds that starting a business in Pakistan requires 5 procedures, takes 16.5 days and costs 6.7% of income per capita. Specifically in Karachi, starting a business requires 5 procedures, takes 16.5 days and costs 6.9% of income per capita. The document also compares starting a business in Pakistan and Karachi to other economies and cities in the region based on procedures, time and cost.
The document provides an overview of key indicators related to doing business in Madagascar. It discusses procedures, time and costs associated with starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and employing workers. Specific metrics are provided for each indicator, comparing Madagascar's performance to the regional and global averages. The document also includes rankings for Madagascar across the different business indicators.
This document summarizes the findings of the World Bank's Doing Business report as it relates to India. It discusses the 10 indicator areas evaluated by the report, including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. For each indicator, it provides details on the procedures, time, and costs involved in India, comparing performance between cities like Mumbai and Delhi. It also shows India's rankings compared to other economies. While India performs well in some areas like protecting minority investors, getting credit, and getting electricity, there is room for improvement in others like trading across borders, resolving insolvency, and
This is a presentation about IEG's evaluation of the Doing Business Indicators. The Doing Business Indicators are the Bank Group's well-known tool for comparing the business regulatory environments of 178 countries.
Sustained Business Reforms and Ease of Doing Business in IndiaMeghna Baid
India's rank in the World Bank's ease of doing business index improved to 63 in 2019 from 77 in 2018, according to the document. Key reforms contributing to this included digitizing land records, introducing online checking of encumbrances, and mandating a simplified SPICe form to integrate various business registration services. Reforms were also implemented to ease the starting of business like reducing fees and eliminating requirements for seals and inspections. While progress has been made, further reducing corruption, bureaucracy and other impediments could help India improve its business environment more.
The document presents the key findings of the Bangladesh Business Climate Index (BBX) 2021. Some of the main points covered in the summary are:
- The overall BBX score for Bangladesh was 61.01, indicating the business environment has improved but more progress is needed.
- Four pillars (starting a business, access to infrastructure, labor regulations, paying taxes) scored above 60 showing improvement, while six pillars (access to land, availability of regulatory information, dispute resolution, cross-border trade, technology adoption, access to finance) faced more complexities.
- There was significant variation in scores and business challenges across sectors and regions. Obtaining land was particularly difficult for RMG sector firms, while finance
The document summarizes key findings from the World Bank's annual Doing Business report regarding business regulations and their costs in India. Specifically, it discusses India's rankings in starting a business, resolving insolvency, getting credit, dealing with construction permits, paying taxes, and enforcing contracts. India ranked 179 out of 189 economies in starting a business due to the number of procedures, time, and costs required. It also fell in rankings for resolving insolvency and enforcing contracts.
How to Select High Impact Use Cases to Drive a Successful Network Automation ...Itential
As organizations engage on their initiatives to deliver network automation at scale, the prioritization of use cases becomes an essential component to maximize and sustain delivery of benefits to the business. Automating large use cases can have a huge impact, but the time and cost to automate those cases means that benefits will take time to manifest. “Low hanging fruit” use cases can show quick success, but the benefits on their own may be modest. This raises a critical question – How do organizations select the network automation uses cases that provide the most impact?
In Itential’s experience working with hundreds of service providers and enterprises across the world to automate their networks, their team of automation experts has gained first-hand experience in the evaluation, implementation, and execution of thousands of network automation use cases.
Explore what goes into successful use case selection such as:
• The process you should take when selecting the use cases that will drive the most impact to your business.
• The most popular use cases organizations like yours are starting with.
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Botswana's process for starting a business takes 9 procedures and 48 days to complete, which is longer than the global best practices frontier of 1 procedure taking 0.5 days. The total cost to start a business in Botswana is also higher than the frontier at 0.7% of income per capita compared to 0% at the frontier. However, Botswana does not require a minimum paid-in capital, in line with best practices. To streamline the process, Botswana could look to consolidate procedures, digitize processes, and reduce delays and costs.
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Next step cloud-to-cloud DR solutions?
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Examples?
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2. Ease of doing business is an average indicator based
on 10 parameter such as
Starting a Business
Dealing with construction permits
Getting electricity
Registering Property
Getting credit
Protecting investors
Paying Taxes
Trading across barriers
Enforcing contracts
Resolving Insolvency
Source of These data are world bank report on doing business
3. Doing Business parameters for the year 2012
of India is compared with 5 best in class
countries in various parameters
The Ranking data is compared using Data
Table
Major issues Highlighted
Note: Caution in interpretation should be taken as Ranking High
does not mean that the countries has high GDP growth. There
are other factors such as market size, purchasing power etc
which also influence GDP growth
4. Country Starting a Ease of Doing
Business Business
New Zealand 1 3
Australia 2 15
Canada 3 13
Singapore 4 1
Hong Kong SAR, 5 2
China
India 166 132
5. Parameter Best 5 India
Country
No of Procedure to Start a 1-3 12
Limited Liability Company
No of Days to complete the 1-5 29
procedure
Cost for Incorporation( % on 0.4-1.9% 46.8%
Per Capita Income)
Minimum Paid In capital(% on 0.0% 149.6%
Per Capita Income)
6. Major Issues Areas of Improvement
Higher number of Procedures Number procedure can be
Number of days Taken is high but streamlined instead of getting
can be taken care if the number of various identity numbers such as
procedure is streamlined ESIC, Employees Provident fund etc
can be streamlined. Instead of
Higher Stamp duty
multiple numbers reforms can be
Minimum Paid in Capital Norms oriented toward few numbers
Since the number of procedure are
high it takes more time. Further
now registering a company has
become but registration with
ESIC,EPFO is still not online.
Stamp duty on Company formation
can be reduced.
Minimum Paid in Capital can be
done away with
7. Country Dealing with Ease of Doing
construction Business
Permit
Hong Kong SAR,
China 1 2
New Zealand 2 3
Singapore 3 1
Georgia 4 16
Saudi Arabia 4 12
India 181 132
8. Parameter Best 5 India
Country
No of Procedure to Legally 6-11 34
Build a Warehouse
No of Days to complete the 26-75 227
procedure
Cost for getting all Permits( % 17.8-34.4% 1631.4
on Per Capita Income)
%
9. Major Issues Areas of Improvement
Higher number of Procedures Number procedure can be
Major time taken in Approval of streamlined and made smarter.
building plan, Obtaining NOC from Procedure can be compared with
Tree authority/ Environmental countries Like New Zealand,
clearance & completion Certificate Singapore, Hongkong
where it takes on average about 30 E Governance can be implemented
to 60 days for each procedure across government Departments
No Major Reforms undertaken in which are involved in NOC.
the last 5 years Central Coordinator, with
Electronic documentation storage
and workflow for NOC can be
Thought of.
10. Country Getting Ease of Doing
Electricity Business
Iceland 1 9
Germany 2 19
Taiwan, China 3 25
Hong Kong SAR, 4
China 2
Singapore 5 1
India 98 132
11. Parameter Best 5 India
Country
No of Procedure to Obtain 3-4 7
Electricity Connection
No of Days to complete the 17-43 67
procedure
Cost for Completion of 1.7-52.4% 216.2%
Procedure( % on Per Capita
Income)
12. Major Issues Areas of Improvement
Major time taken in Sanction and Reduction in time for sanctioning
actual connection and giving connection.
No competition in an area. Increasing Competition
Loss making Distribution utilities Bring Efficiency in Distribution
Utilities by linking productivity
with remuneration.
Regulation in service level
agreements
13. Country Registering Ease of Doing
property Business
Saudi Arabia 1 12
Georgia 1 16
New Zealand 3 3
Belarus 4 69
Armenia 5 55
India 97 132
14. Parameter Best 5 India
Country
No of Procedure to legally 1-3 5
transfer title on immovable
property
No of Days to complete the 2-10 44
procedure
Cost for Completion of 0.0-0.3% 7.3%
procedure( % on Per Capita
Income)
15. Major Issues Areas of Improvement
Major time taken in Mutation of Reduction in time for Mutation.
Property. Computerising Land records
No Major reforms in last 5 years
16. Country Getting Credit Ease of Doing
Business
Malaysia 1 18
United Kingdom 1 7
South Africa 1 35
New Zealand 4 3
United States 4 4
Latvia 4 21
Hong Kong SAR,
China 4 2
India 40 132
17. Parameter Best 5 India
Country
Strength of Legal Rights 10-9 8
Index(0-10)
Depth of Credit Information 6-5 4
Index(0-6)
Public Credit registry 59.7-0.0% 0.0%
Coverage(% of Adults)
Private Credit Bureau 100.0-0.0% 15.1%
Coverage(% of Adults)
18. Major Issues Areas of Improvement
No Major issues
19. Country Protecting Ease of Doing
Investor Business
New Zealand 1 3
Singapore 2 1
Hong Kong SAR,
China 3 2
Malaysia 4 18
United States 5 4
Canada 5 13
Ireland 5 10
Colombia 5 42
Israel 5 34
India 46 132
20. Parameter Best 5 India
Country
Extent of disclosure index(0- 10-7 7
10)
Extent of Director Liability 9-5 4
Index(0-10)
Ease of shareholders suit 10-6 7
Index(0-10)
Strength of Investor protection 9.7-6.0 6.0
index(0-10)
21. Major Issues Areas of Improvement
Lack of Directors Liability in areas Improving in the areas of Directors
such as Paying back profits and Liability such as repaying profit
damages to shareholders in case earned and paying damages in
of willful Fraud case of fraud committed by
Directors.
22. Country Paying Taxes Ease of Doing
Business
Maldives 1 79
Qatar 2 36
Hong Kong SAR, 3
China 2
Singapore 4 1
Ireland 5 10
India 147 132
23. Parameter Best 5 India
Country
Tax payments ( No per year) 3-8 33
Time required to comply with 0-84 254
3 major taxes (hours/year)
Total tax rate(% on Profit 9.3-27.1% 61.8%
before tax)
24. Major Issues Areas of Improvement
More number of taxes Streamlining no of taxes to be paid
Electronic filing is present in all Electronic filing for taxes which
type Statutory payments are not yet done such as ESIC,
EPFO
25. Country Trading Across Ease of Doing
border Business
Singapore 1 3
Hong Kong SAR,
China 2 1
Estonia 3 89
Korea, Rep. 4 26
United Arab Emirates 5 12
India 109 132
26. Parameter Best 5 Country India
Documents required to Export 3-4 8
(Numbers)
Time required to Export (Days) 5-7 16
Cost Required to 456-725 1095
Export(USD/40’ Container)
Documents required to Imports 3-5 9
(Numbers)
Time required to Import(Days) 4-7 20
Cost Required to Import 439-725 1070
(USD/40’ Container)
27. Major Issues Areas of Improvement
More number of Documents Streamlining no of Documents for
Time taken for processing Export as well as imports
Cost of Processing Benchmarking with Best in class to
Documents preparation times understand the issues
Reduction in cost of processing
28. Country Enforcing Ease of Doing
Contract Business
Japan 1 63
Singapore 2 3
Canada 3 25
Norway 4 60
Finland 5 45
India 182 132
29. Parameter Best 5 India
Country
Time( Days) 150-570 1420
Cost(% of Claim) 9.9-32.2% 39.6%
Procedures( numbers) 21-36 46
30. Major Issues Areas of Improvement
Time taken to complete Trials Judicial procedures so that Trails
are concluded quickly
Filling up vacancies
31. Country Resolving Ease of Doing
Insolvency Business
New Zealand 1 3
Singapore 2 1
Hong Kong SAR,
China 3 2
Malaysia 4 18
United States 5 4
India 128 132
32. Parameter Best 5 India
Country
Time in Years 0.8-1.5 7
Cost to recover Debt (% of 1-15 9
Estate)
Recovery Rate for Creditors 44.6-91.3% 20.1%
(Cents on the Dollar)
33. Major Issues Areas of Improvement
Time taken are very High to Bench marking with Singapore,
resolve Insolvency New Zealand, Hongkong
Recovery rate for creditors are low Time bound disposal of cases