Category: Business law
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Shops and Establishments Act Registration: An Essential Prerequisite for Your Business
Introduction Starting a business in India, whether it’s a retail store, consulting firm, IT startup, or even a home-based online venture, comes with its share of legal responsibilities. One such registration requirement is under the Shops and Establishments Act, governed by state-specific labour laws. This regulation aims at establishing and ensuring basic welfare measures towards…
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What is Tax deduction Account Number (TAN)?
Understanding tax concepts is important for any business organisation for the smooth functioning of its operations. One such important thing is the taxes that need to be deducted from certain specified payments including salary. The organisations, which are required to deduct tax at source (TDS) or collect tax at source (TCS), have to acquire a…
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Key Considerations for Choosing the Right Structure for Your Startup
Entrepreneurs have various business structures to choose from, to base upon their Startup ventures. The entire task of setting it up, managing the taxes, the operational flexibility, and subsequent liabilities associated with the entity would vary accordingly with this choice. Therefore, it is imperative for Startup entrepreneurs to gain in-depth knowledge on various aspects of…
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The Startup Ecosystem in India: A Landscape for Growth and Innovation
The evolution of the Startups and its consistent growth has been the major driving force behind the rapid economic expansion and the innovation boom that India has undergone in the recent time. With the emergence of a flourishing entrepreneurial economy aided by the advent of government initiatives such as the Startup India, these ventures are…