By the end of March this year, government will have some significant improvement in ease of doing business. You can now start a new business in India in six days, compared to the current scenario where it takes 26 days. The change is a result of cutting down the procedures required to start a company. The procedures have been halved to six from 12. In Delhi, a company needs to follow 12 procedures to incorporate a company. Mumbai take 14 days as you have to register for profession tax.
Among the 190 countries for this index of ease of doing business, India ranks 130 in 2017 up from 134 in 2015; the ranking further deteriorates in terms of starting a new business as India is ranked 155. Since 2015, government has launched programmes that aim at making it easier to do business in India. The efforts yielded results with India jumping 4 places on the World Bank Doing Business ranking.