CORONA AAYA \u2013 BUSINESS BANDH HOGAYA<\/b><\/p>\n\n\n\n
With the Global Economy on a downward trend and unable to boost, The COVID-19 came as an added threat closing down the Entry Gates of all Businesses. As I was trying to find an answer to this, many of my clients started calling me, pouring out their stories as to how they are forced to quarantine their business or is on the verge of closing. This led to a trigger of thoughts and here I am sharing my compilation of the present Problems, views & some suggestions<\/p>\n\n\n\n
Whether it is Global Trend, Domestic Mistakes or Corona<\/p>\n\n\n\n
1. MSME \u2013 Ancillary Units are shutting down, some are working alternative days<\/p>\n\n\n\n
2. Real Estate has come to Standstill<\/p>\n\n\n\n
3. Corona is winding up our International Travel Industry<\/p>\n\n\n\n
4. Tourism-Dependent State Entrepreneurs are battling to survive<\/p>\n\n\n\n
5. No Meetings, No Public Gathering, No Money<\/p>\n\n\n\n
6. Banks are shutting down, losing interest on Online as money is stuck<\/p>\n\n\n\n
7. IN ONE PHRASE \u2013 PROOF THAT GST IS AT ITS LOWEST.<\/p>\n\n\n\n
8. Business Caught with No Orders<\/p>\n\n\n\n
9. No Export Demand<\/p>\n\n\n\n
10. Import Cost going high \u2013 Thanks to Dollar Rates<\/p>\n\n\n\n
11. Outstanding going up to 150 days<\/p>\n\n\n\n
12. Salary getting delayed by 20-45 days<\/p>\n\n\n\n
13. Forced to Cutdown Employees, resulting in Huge unbearable Settlements<\/p>\n\n\n\n
14. Vacate & relocate to smaller towns<\/p>\n\n\n\n
15. Real Estate is dying due to Premises Vacated + Excess Inventory<\/p>\n\n\n\n
16. No Business \u2013 No Services for MSME \u2013 Fund only in Books not in Reality<\/p>\n\n\n\n
17. No Collections but Tax becomes due; without collections, Loans to Fund Taxes<\/p>\n\n\n\n
What is the Solution<\/p>\n\n\n\n
1. CLOSE YOUR BUSINESS\/SERVICES TILL ECONOMY SURVIVES<\/p>\n\n\n\n
2. ESCAPE FROM TAXMEN<\/p>\n\n\n\n
WHAT TRADE NEEDS \u2013 OUR RECOMMENDATION TO CENTRAL\/STATE GOVT.<\/p>\n\n\n\n
We introduce our Trade\/Services \u2013 MSME as backbone of our Economy, who have been contributing through Direct\/Indirect Taxes, in spite of their Business Woes, troubles of Human Resource, etc.,<\/p>\n\n\n\n
In the Present Situation, the Entrepreneur has to fight with Global Slowdown, Fund Unavailability, Business Closure on account of Corona, further TAX<\/p>\n\n\n\n
Hence they need<\/p>\n\n\n\n
1. MSME Loan in Reality without Collateral<\/p>\n\n\n\n
2. Relaxed Norms for Loans with Interest not exceeding 6-7%<\/p>\n\n\n\n
3. Deferment of GST for One Year, Post One Year revive the situation, Grant EMI<\/p>\n\n\n\n
4. Deferment of IT One Year, Post One Year revive the situation, Grant EMI<\/p>\n\n\n\n
5. Release Govt. agency Payments within 15 days<\/p>\n\n\n\n
6. More Infrastructure Projects, Create Opportunities<\/p>\n\n\n\n
7. No Scrutiny, No Harassment for One Year<\/p>\n\n\n\n
Believe that Entrepreneurs are not EVADERS, they need time to THINK, EXPLORE NEW IDEAS FOR THEY ARE THE ONES WHO REALLY CAN ENSURE INDIA\u2019S MISSION OF MADE IN INDIA \u2013 SOLD OUT GLOBALLY. We know our Govt. is positive, hence making our Plea heard & reach out to them.<\/p>\n\n\n\n
Request every Forum, Every Entrepreneur who agrees with this to Share in all Groups, till it reaches the right place, if you will feel The Business Entrepreneur deserves this.<\/p>\n","protected":false},"excerpt":{"rendered":"
CORONA AAYA \u2013 BUSINESS BANDH HOGAYA With the Global Economy on a downward trend and unable to boost, The COVID-19 came as an added threat closing down the Entry Gates of all Businesses. As I was trying to find an answer to this, many of my clients started calling me, pouring out their stories as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-127","post","type-post","status-publish","format-standard","hentry","category-accounts"],"_links":{"self":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/comments?post=127"}],"version-history":[{"count":1,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/127\/revisions"}],"predecessor-version":[{"id":128,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/127\/revisions\/128"}],"wp:attachment":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/media?parent=127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/categories?post=127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/tags?post=127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}