Your business is your baby and you’re always prepared to guard it. When starting a business, you should decide what type of business entity to establish. Your type of business determines which earnings tax return form you must file. The most common types of business are the only proprietorship, partnership, company, and S corporation. A Limited Liability Company is a business structure allowed by state statute. Legal and tax considerations enter into deciding on a business structure.
Government officials informed Moneycontrol that the Department for Promotion of Industries and Internal Trade is planning a nationwide exercise to improve the motion …