Before starting a new business, an entrepreneur needs to have the knowledge on various aspects of business. One such segment is the law of the land. Multiple laws can be applicable for a business such as company’s law, shops and commercial establishment, professional tax, provident fund, Goods and Service tax (GST), customs Act etc. Not all of them will be applicable for all business, you need to identify which laws are applicable for your nature of business and ensure that the company complies with them to avoid running into legal problems in the future. Let’s have a look at the legal aspect that govern a start-up business in India.
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