Besides implementation of the roll-out of the big-bang Goods and Services Tax (GST) from July 1 this year, the government has considerably eased procedures for setting up businesses in the country.
Paying taxes, resolving insolvency lead the charts; starting business still a concern
India for the first time moved into the top 100 in the World Bank’s Ease of Doing Business global rankings on the back of sustained business reforms over the past several years.
India witnessed the biggest jump in the criterion of paying taxes, moving up 53 places on the back of improvements in the tax systems.
India jumps 30 spots to 100 in World Bank’s ease of doing business ranking for 2018 as a range of government reforms put in place over the past four years started delivering results
India has jumped a massive 30 places to 100 in the World Bank's ease of doing business rankings this year, driven by reforms in access to credit, power supplies and protection of minority investors. P