TIOL-DDT 2098 · Monday, 6 May 2013 · story 6 of 7

Doing Business in India seems gloomier

THE Doing Business Project provides objective measures of business regulations and their enforcement across 185 economies and selected cities at the sub-national and regional level.

The Doing Business Project , launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.

By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, Doing Business encourages countries to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector researchers and others interested in the business climate of each country.

The Table shown below summarizes Doing Business 2013 data for India. It lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic.

DDT adds - We seem to be on the downslide almost all through. Tax payments "ease" has dropped three notches further. With those complexities and problems in filing the ST-3 returns, it is hoped we do not reach the bottom of the table in the year to come.