LegalPay Max: New Currency of Legal Payments
According to the latest statistics, India Inc?s legal expenses jump 9% to Rs crore in FY22. On a year-on-year basis, legal and other professional expenses went up just about 4%. Legal expenses combined are more than 3 Lakh Crore with a growing CAGR of 12%. Companies and individuals have spent a fair share on professional fees, regulatory filings, penalties, and general stamp duty, besides on litigations and arbitrations, and expansion in newer geographies.
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