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in those Indira Gandhi days Govt assumed everyone under reported the income so tax slab had to be high, also agriculture was not taxed. from 1991 lot of headwa
by senthilnayagam 13y ago
in those Indira Gandhi days Govt assumed everyone under reported the income so tax slab had to be high, also agriculture was not taxed.
from 1991 lot of headway has been made, but still Interests rates are significantly higher than international rates.
real estate prices, rentals are very high, infrastructure is poor(you need to own a generator)
employee attrition rates, salary hike expectations are significantly higher.
if work visa's were easier more people would be migrating
it is tough to be a successful and profitable entrepreneur in India