Hi,
Well I perfectly agree with Dinesh.
Normal plight of any budding Entrepreneur is to handle all the various level of taxation rather then focusing on building the business (Service Tax, VAT, Professional Tax,Fringe Benefit Tax,Inter state taxes, this list is endless, they are trying to duplicate US Taxation, without providing the freedom to compete any business or infrastructure as US does.)
No wonder why we have players who manipulate the system, India is not a good place for startups :), since Indian Govt. has very little or I would say nothing to offer the startups to grow.
Thanks & Regards, Mitul Limbani, Founder & CEO, Enterux Solutions, The Enterprise Linux Company (TM), www.enterux.com
Quoting DJ dinesh.a.joshi@gmail.com:
On Saturday 31 December 2005 14:56, JTD wrote:
I am not living in the past at all (and infact sometimes wonder wether a faster change will actually be benefical given the fact
that
vast swathes of our population can barely afford a square meal).
Just
want to point out the absolute value of freedom as compared to relative values of usability, performance etc. Also my point abt superhuman capabilities. Hats off to those who succeedd in
building
world class companies (N. Murthy) as opposed to those who just manipulated the system (Reliance?) or lived because of protection (ECIL, Bel, BHEL).
Very luckily we did have relatively much greater freedom than the soviets and chinese, which is why many good techies are able to do well now (unlike the soviet techies selling watermelons or working for the mafia).
My point exactly. The system is supposed to help small companies
grow
and prosper while our system just hampers it... May be I am talking crazy. Indian system wasn't ever meant to allow companies to grow
into
big businesses, make lots of profit, drive the economic growth,
give
people jobs, money which inturn drives the economy. May be India
was
supposed to remain the way it was. Pathetic small kingdoms at each others' throats.
-- Dinesh A. Joshi