Most of the founders are coders, designers, marketers, and folks from different professions. One critical thing that most founders aren’t the best at is the basic legalities when it comes to starting and registering a business. Let me tell you how important it is to be on the right side of the law. The last […]
1. Basic Salary This is a fixed component in your paycheck and forms the basis of other portions of your salary, hence the name. For instance, HRA is defined as a percentage (as per the company’s discretion) of this basic salary. Your PF is deducted at 12% of your basic salary. It is usually a […]
Sole Proprietorship: Advantages, Requirements & FAQs A sole proprietorship is a business that is owned and managed by a single person. Most of the businesses in India are unregistered and many are being operated as a sole proprietorship firm business. A sole proprietorship is one of the simplest and the easiest form of business entity […]