Good news for start-ups: Incorporation norms relaxed – Sumit Naib

In a significant ruling, the Madras High Court has held that the provisions of the Income-Tax Law are apolitical and areligious in character, and salaries and grants-in-aid to nuns and missionaries are liable to attract tax deducted at source (TDS).

Sumit Naib, Director- Regulatory shares his views on Good news for start-ups: Incorporation norms relaxed for