International Comparative Legal Guide – Franchise 2024 India

Consumer demand is poised for growth in India, especially since there is a largely unserved market to be capitalised in tier-2 and tier-3 cities. India does not have a franchise law, hence an interpretation of the definition can be inferred from the Finance Act, 1999 in the context of service tax, which has since been repealed following the introduction of goods and service tax (GST).

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