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From all the things that you have to consider while starting your own business, one of the most important ones is deciding your legal business structure. It impacts the taxes you will pay, the amount of paperwork involved, your liability in the entity, your decision making power, and the money you will make. Here’s how you can decide which legal Read More…

Structure of GST in India Goods and Services Tax (GST) is a tax imposed on services and goods that are sold for domestic use. For imports, in addition to the custom duty, the IGST is also levied. GST is a value-added tax or VAT that consumers of the services and products pay, however, the government receives it from the businesses Read More…

The biggest expense in real estate is opportunity cost! The statement can be justified with great confidence in today’s scenario when buying a property can be an expensive affair. Renting a property may seem a bit simple with so many intermediaries like brokers, online platforms, but keep a vigil on the various basic and critical clauses to be incorporated in the Read More…

What is a Limited Liability Partnership? Limited Liability Partnership or LLP is a business structure which is formed by a legal LLP agreement. This LLP agreement holds information about how your business will run such as who will become the designated partner or assigned roles of various partners. However, it is necessary to have at least two designated partners who Read More…

Shop Act has its importance and relevance since the day it was incorporated. With the objectives to render statutory obligations and rights to employees and employers, the act created has a few interesting things you may not be aware of. Before you explore them, understanding the goal, scope, and coverage will help you, especially if you are starting a small Read More…