Would like to know whether new mnc want to start buniss in maharashtra, are they exempt from all act and upto which period
From India, Mumbai
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Any company, irrespective of whether it is an Indian company or a subsidiary of a foreign company, has to follow the statutory requirements as per Indian law. They may receive certain relief only if they are in a Special Economic Zone, which is mostly finance-oriented. Of course, MNCs with foreign direct investment can obtain clearances through a single window system.
From India, Chennai
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