Unfriendly clauses in business laws have grown drastically in recent times. If India has to go up World Bank’s Ease of Doing Business Index, there should be a master document citing all compliance obligations for each product.
Starting a new business venture in India is not as easy as it might seem. Several legal formalities are to be complied with, for both new as well as established businesses and startups. Some of these formalities include financial regulations, tax obligations as well as employment law regulations, which are central to the functioning of every business organization in India.
Many business laws in India precede the nation's independence in 1947. Business laws in India protect businesses, investors, employees, consumers. Regulations cover e-commerce, market competition, trade, copyrights, partnerships.