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Partnership Firm is the oldest structure of business and even today people wish the simplicity which is there in the Partnership Firm.
Partnership Firm Registration even today comes into Old as Gold Business Form for those who do not wish to go into Company Registration. The Indian Partnership Act has been in existence in India since 1932, making partnerships one of the oldest types of business entities in India. Even today, most of Firm type of business is registered as Partnership Firm and it brings lots of MSME Business in India.