Taxes are the largest source of revenue for the government. Taxes collected are used for governmental activities with aim of nation-building and its development. As per Article 265 of the Constitution of India, ‘No Tax shall be levied or collected except by authority of law’. India is a federal state where both the Centre and […]
Passionate entrepreneurs aim to build practical unique solutions for customers through their start-up venture. The business has to focus on its potential customer base, its USP and market situation. At the same time Entrepreneur should have or they should hire or outsource someone who has a good understanding about the basic laws of the land, rules, regulations that are applicable and various government schemes that are drawn for the welfare of the budding businesses and their smooth functioning.