BEST TIME TO START A BUSINESS IN INDIA SO WHAT ARE YOU WAITING FOR.....JUST GO FOR IT

India’s startup ecosystem is booming with plenty of interest from private equity investors and the media. Today the top graduates are preferring to start their own business instead of working for large corporates. Investors, customers and employees are also choosing startups over large companies – intrigued by the innovation and ingenuity. In this article, we look at the top reasons why today is the best time to start a new business in India.

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Indian Economy is Booming with Endless Opportunities

The Indian economy is booming and the foreign markets are reviving from the 2008 economic crisis. The Indian economy is the the second fastest growing economy in the world and is slated to overtake China to become the fastest growing economy in the world. Though the Indian economy continues to boom at a very fast pace, the Indian market or domestic demand is still underserved. The Indian metros have become well developed over the last decade; however, thousands of tier-II and tier-III cities in India are still under developed.

The increasing penetration of internet enabled smartphones and e-commerce in India is set to transform the second tier or third tier cities – unlocking massive demand for goods and services. It is this aspect of the Indian market potential that has made countless foreign companies invest billions of dollars into India. Know more about top business opportunities in the India.

Easy and Affordable to Start a New Business in India

Start your company in less than a week

Starting a new business in India used to be cumbersome and expensive. India was ranked at 179/189 in terms of “Ease of Starting a Business” by the World Bank just a few years ago. However, ecommerce and a pro-business Government have now made it very easy and affordable to start a new business in India.

Plenty of information is now available through websites likes IndiaFilings.com for Entrepreneurs looking to start a new business. Also, for those starting a new business, the required formalities can be completed from the comfort of their homes at a very affordable cost. To register a Private Limited Company it costs just Rs.16000 and a Limited Liability Partnershipcan be registered for just Rs.8000 in India through IndiaFilings. Therefore, the internet has helped make starting a new business in India very easy and affordable.

Further, the Government has also introduced various measures to reduce the amount of formalities required to start a business in India. The newly introducedForm INC-29 drastically reduces the number of procedures required for incorporating a company in India, making it possible to incorporate a company quickly.

Its Easy to Manage a Business in India

The Government has also taken various steps to make it easier to manage a business in India by reducing the compliance burden. The Limited Liability Partnership (LLP) Act, 2008 and Companies Act, 2013 have introduced new business entities like LLP, One Person Company and the concept of “small company” making it less cumbersome to manage a business entity.

Further, the Goods and Services Tax (GST) is expected to be rolled out in April, 2016, overhauling the existing indirect tax structure in India – making it transparent and less cumbersome. Know more about the advantages of GST implementation in India.

Its Easy to Find Capital

Private equity deals worth nearly USD 2 billion were sealed in April this year, registering a jump of nearly three-fold over the same month last year, largely driven by transactions in e-commerce space, says a recent Grant Thornton report. The booming Indian economy and bustling Indian startups are attracting a lot of investors from foreign countries making today the best time for starting a new business in India.

There are now plenty of well established Private Equity firms operating in India and many more looking to start operations. Further, many High Networth Individuals (HNIs) and Celebrities are also beginning to understand the potential of Indian startups, making it easy to find seed capital for starting a new business. Know more aboutPrivate Equity in India.

Entrepreneurship has become Socially Acceptable

Gone are the days when friends and family chastised entrepreneurship and preferred their family members opted for employment over entrepreneurship. The success of many young Entrepreneurs has showcased the opportunities in Entrepreneurship – making it more socially acceptable. Today, family members are willing to support Entrepreneurship with capital and emotional support – increasing the number of Entrepreneurs and their chances of success.

So what are you waiting for?Start a business today!

How to EARN from APP Downloads at PLAYSTORE

As Gmail passes 1 billion downloads, we take a look at what that actually means

Gmail has surpassed 1 billion downloads on Google Play, and Vincenzo on Twitterasks a fair question: Does that count app updates?

That's an easy answer, actually, but we'll go one further and explain exactly what you're looking at when you see an app'sdownloadnumbers in the Google Play listing. There are downloads, and then there are downloads. There are installations. There are uninstalls. There are folks who use the same app on more than one device. Gmail, for instance, is on every device that has official access to Google Play. Same for Google Maps. And other apps.

So what counts as a download? And what do all the numbers mean when you're trying to judge whether you want to install an app?

Developers get to see way more than most of us

“ What you see on Google Play is the number of times an app has ever been downloaded. Forever-ever.

First, let's think of two kinds of users. "Developers" — that'd be folks who have a developer account with Google Play and can upload applications — and then "everyone else." Developers have quite a few tools at their disposal for app statistics. We'll get into those in a minute.

If you're not a developer, you really can only see one number one number for an app: the "downloads" listed in Google Play. And even then, you don't see a specific number listed. What you get is a range of downloads — say, 10,000 to 50,000. Or 100,000 to 500,000. (Gmail is currently in the 1,000,000,000 to 5,000,000,000 range. So it has between 1 billion and 5 billion downloads.)

But there's a catch. Or two, really.

Total installs versus current installs

(No, that's not the current Android Central app. But it does show you what developers get to see.)

"Regular users" get to see a very rough estimate of how many times and applications has been installed. But there's another catch. That rough estimate you see in Google Play is "total installs by users," and not necessarily an accurate count of how many people are actuallyusing the app. Developers see a second number in their Developer Console alongside the total installs. That number is "current installs by device." And chances are the two numbers don't match up.

“ A more important number for developers might be the number of 'current' installations. They get to see it; the public doesn't.

Let's put it this way: Say I've made an app, and it's been installed by 10,000 total users. That'd put the app in the 10,000 to 50,000 category for public-facing purposes, even though it's on the low end of that scale. As a developer, I'm fine with that ambiguity. I'd love for folks to think my app actually has more downloads than it does.

But uninstalls happen. So it's possible our app with 10,000 total users actually has far fewer current users. There's no real way of knowing exactly what the current/total install ratio is without being the developer. I could have 10,000 total installs but only 2,000 current installs — a 20 percent keep rate. Not nearly as exciting.

What counts in the "total installs?" Google says it's "the number of unique users who have ever installed this app. We only count one install regardless of how many different devices they installed it on. It includes the users who have later uninstalled the app."

Current installs by user is marked as "the number of users who have the app currently installed on at least one active device." That one's simple enough.

Reports, reports and more reports ...

(Also not statistics for our current app.)

Developers actually have a number of other tools at their disposal for tracking how their apps are doing. When you first log in to the Developer Console, you see current installs by device next to total installs by users. So you see how many devices your app is on versus how many users have ever installed it. Once you drill into your app statistics, you get even more options. Here's the full list:

Current installs by device.
Daily installs by device.
Daily uninstalls by device.
Daily upgrades by device (this is the number of devices that updated from an older version of your app).
Current installs by user.
Total installs by user.
Daily installs by user.
Daily uninstalls by user.

So we can see how many users download our app. And how many devices our app is on. And how many uninstalls we see, both per device and by user.

“ Developers have a lot of tools at their disposal. Those browsing Google Play are left to guess a bit more.

And that's just download numbers. Google also tells us what version of Android users are running. (For context, 50 percent of folks using the Android Central App are on Android 4.4. We can get rough looks at which devices are being used. (Though that's a bit of a crapshoot as many don't properly report themselves.) We can see what country users are in. We can see what languages they default to. We can see how many users are on the older versions of our app. Or what mobile operator they're using.

It's pretty powerful stuff. If you're a developer, it's worth spending some time with.

And if you're a regular user, just remember this: The download numbers you see in Google Play are total user installs. That is, how many users have ever installed any version of the app. It's not an accurate look at how many are actually using it.

PRIVATE LIMITED REGISTRATION

Private Limited Company Registration

Private Limited Companies are those types of companies where minimum number of members is two and maximum number is fifty. A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm. A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greater stability and legal entity. In this sense, a private limited company stands between partnership and widely owned public company. Identifying marks of a private limited company are name, number of members, shares, formation, management, directors and meetings, etc., The maximum number of directors shall have to be mentioned in the Articles of Association. In the grand of privileges and exemptions, the Companies Act has drawn a distinction between an independent private company and other private company which is a subsidiary to the other public company.

Private Limited Company Registration Process

Private Limited Company Registration

IndiaFilings.com can incorporate a Private Limited Company in 14 to 20 days, subject to ROC processing time.

Obtaining DSC & DIN

Digital Signature Certificate(DSC) and Director Identification Number(DIN) is required for the proposed Directors of the Private Limited Company. DIN and DSC can be obtained for the proposed Directors within 5 to 7 days.

Name Approval

A minimum of one and a maximum of six proposed names must be submitted to the MCA. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 5 to 7 working days.

Company Registration

Registration documents can be submitted to the MCA along with an application for registration. MCA will usually approve the application for incorporation in 5 to 7 days, subject to their processing time.

NEW: Private Limited Company Registration Process Using Form INC-29 (More)

INC-29 Company Registration

IndiaFilings.com can incorporate a Private Limited Company using Form INC-29 in 5 to 10 days, subject to ROC processing time.

Obtaining DSC & DIN

Digital Signature Certificate(DSC is required for the proposed Directors of the Private Limited Company. DSC can be obtained for the proposed Directors within 1 to 2 days.

Filing for Incorporation

One name must be selected for the company after referring to the MCA Name and Trademark database. Incorporation names are prepared and filed based on the selected name.

Company Registered

Form INC-29 is submitted to MCA with the relevant documents. If the name is acceptable, MCA will issue incorporation. Else, resubmission with new name may be required.

Basic - Fast Track

Our Basic Package includes all the essentials needed to start your Private Limited Company. It includes 2 DSC, 2 DIN, MOA, AOA, Name Approval, PAN, TAN and Government Fees. Talk to our Business Advisors today to know more or get started.

Rs.15899/- all inclusive fees

Get Started

Standard - Fast Track

Our Standard Package includes all the essentials needed to start your Private Limited Company, Accounting Software Setup, Share Certificates and Company Folder. Talk to our Business Advisors today to know more or get started.

Rs. 19899/- all inclusive fees

Get Started

Premium - Fast Track

Our Premium Package includes all the essentials needed to start your Private Limited Company, Accounting Software Setup, Share Certificates, Company Folder and Trademark Registration. Talk to our Business Advisors today to know more or get started.

Rs. 25899/- all inclusive fees