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Professional Tax Registration

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Professional Tax Registration

The advantages of registering a shop or commercial establishment. Proof of legal status can be obtained by obtaining a shop or establishment registration certificate. It allows companies to operate legally in a specific location. Opening a current business bank account is made easier with the help of this certificate.
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  • In India, 90–94% of jobs are in the unorganized sector, which does not have a license, is not registered, and does not follow any laws or rules. This is a huge problem for the government because it makes it hard to figure out income and taxes, and there is no protection for people who work in unorganized sectors. The government saw the problem and passed the Shops and Establishments Act in 1953, which gives shops and small businesses a license to run.
  • A business like a store, hotel, restaurant, movie theatre, public amusement park, stock brokering, trading services, etc. is called an establishment. Under The Shops and Establishments Act, 1953, the government gives out Shop Establishment Licenses so that these businesses can run and follow the rules.
  • The main reason for passing this act was to protect workers in the unorganized sector and give shops and other places of business a legal framework for regulating themselves. Every state in India has its own version of the Shop and Establishment license because it requires a thorough and deep understanding of the local feelings and work culture.

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