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'If you are broke and starting out...': Sanjeev Bikhchandani on India’s April 1 compliance loophole

Business Today · 6d

Sanjeev Bikhchandani advises entrepreneurs who are starting out and financially constrained to conduct their groundwork in the fourth quarter but officially incorporate on April 1. This strategy takes advantage of a compliance loophole in India. Notable companies like Naukri, Indiamart, Makemytrip, Zomato, and Policybazaar are referenced, showcasing the context of leveraging this strategic incorporation timing to potentially benefit from regulatory frameworks.