Shine india monthly magazine

Shine india monthly magazine

Shine india monthly magazine this article was published in the month of december legal variance from state to state varying legal framework in india imposes hurdles to effective business in india due to different legal structures in different states. o for example sale of alcohol is allowed in maharashtra but it is illegal in gujarat. complex legal processes legal processes are highly complex with involvement of multiple departments and need of numerous compliances to be fulfilled before starting any business. import/export hurdles there are various hurdles in import and export business in india such as custom duty varying from zero percent to 150 percent and various charges like countervailing duty educational cess etc. that discourages investment and setting up of business. land acquisition issues consent clause fair compensation and social impact assessment brought under land acquisition rehabilitation and resettlement act 2013 have added to investor woes without being able to effectively balance the interests of landowners and buyers. labor issues lack of consolidation of labor laws as it lies in concurrent list under seventh schedule of the constitution and has more than 40 central laws and about 100 state laws. adjudication issues several businesses have to resort to courts for resolution of even minor issues. also delays in adjudication of commercial disputes aggravates financial costs for businesses shine india monthly magazine telugu buy.

Shine india monthly magazine