Currently, opening a kirana shop requires 28 clearances while a dhaba or a restaurant requires 17 approvals.
The draft national e-commerce policy states that the data generated in the country is a national asset.
The issue was discussed during a meeting between the minister and representatives of e-commerce and technology industry.
Government plans a credit scheme under which entrepreneurs, particularly women, will get loans of up to Rs 50 lakh.
Overall, principles would have to be put in place to determine how adjusted profits could be applied where the group has no established tax presence in the market jurisdiction.
The Central Bank now proposes to include more players to enhance access to banking facilities to the small borrowers and to encourage competition.
NBFCs, a key constituent of the economy, are in trouble. The debate is - bail out all or only the deserving ones.
According to industry experts, India wants an end to the moratorium and imposition of import duties to protect domestic industry and revenue.
Under the scheme all shopkeepers and self employed persons as well as retail traders with GST turnover below Rs 1.5 crore and aged between 18-40 years can enroll for the scheme.
There have been consistent arguments over the timeline of IBC resolutions and the government has been seeking views on the pitfalls of the law.
The Commerce and Industry Ministry has proposed new measures to ease regulatory requirements for budding entrepreneurs.
Companies working on waste management, clean energy solutions to get seed funding.
A comprehensive agenda has been prepared so that no time is lost in setting up priorities, a senior government official told ET.
Govt plans on a seamless process to speed up PAN, EPFO, GST clearances for setting up a firm.
The review comes following representations about a Rs 100 per day penalty for delayed filing and difficulties faced in dissolution.
Entities that have generated a large number of e-way bills compared to average e-way bills generated during previous periods.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service