Adv. Sandigdha Mishra "Be Aware"

“ A contract is a voluntary arrangement between two or more parties that is enforceable at law as a binding legal agreement. Contract is a branch of the law of obligations in jurisdictions of the civil law tradition ”. Contracts govern all transactions whether they are between firms or between firms and private individuals. Indeed, in most of the developed world, any transaction or commercial exchange is usually not undertaken without a contract. This trend is also catching up in the developing world where contracts are increasingly becoming the norm The most important aspect of any contract is to ensure that you fully understand all terms in the contract before you sign it. Many business owners have gotten themselves into sticky situations because of not reading a contract properly. If there is any terminology or phrases which you do not understand you should do your own research or alternatively turn to a business advisor for assistance. Companies around the world use contrac...

Goods and Services Tax In India and Applicability for Startups: By Sandigdha Mishra, Advocate advsandigdha@paydirtprofessionals.com advocate.sandigdhamishra@gmail.com Goods and Services Tax (GST) is a form of indirect taxation in India which allows merging of existing taxes into single system of taxation. Introduction of GST is a very significant step in the world of indirect taxes in India. By merging large number of taxes into a single tax would mitigate cascading taxation in a major way. With GST, it is anticipated that the tax base will be comprehensive, as all goods and services will be taxable with minimum exemptions. GST will have an impact on almost all the aspects of the business operations in the country. It is considered as one of the most significant and path-breaking tax reforms ever undertaken in the history of independent India, India embraced the Goods and Services Tax (GST), a landmark indirect tax reform from 1 July 2017. GST is a transaction tax that subsumes mos...