Makemytrip Accused Of Tax Evasion To The Tune Of Rs.75 crores

While the founder Deep Kalra was in spotlight at the startup India event, the Nasdaq-listed travel company MakeMytrip had a run-in with the tax authorities of India. According to the Directorate General of Central Excise Intelligence (DGCEI), MakeMytrip has failed to deposit all of the service tax the online travel aggregator has collected from the public. An executive from the company was taken into police custody for the same and later released on bail.

How To Register Your Startup: The Complete Lowdown

Anyone who aims to build a successful startup must also know where to start from. While in practice you can start operating your business, the minute you have an idea and a team to execute it, a company or a startup is a legal entity and it must be registered with the government and have a proper, and legally-recognizable status. A company can achieve that by “incorporating” or formally registering itself as a commercial entity. Here’s all you need to know about how to register your startup.