Four modern legal pillars shape business today: the IT Act governs electronic transactions and cyber crimes, the RTI Act gives citizens access to public information, intellectual property law protects creations of the mind, and GST unified India's indirect taxes. Worked example: a business selling goods from Maharashtra to Gujarat charges IGST (one integrated tax) instead of two separate state taxes — the dual GST design is what makes interstate trade a single market instead of a tax border.
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IT Act, RTI Act, IPRs and GST
Commerce · Unit 9 · ~14 min read · Original chapter
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