LegalRaasta. LegalRaasta- Simplifying Your Legal Journey. New Trademark Rules I Trademark registration. Which inventions are not patentable? - Patent registration. Which inventions are not patentable?
The following inventions are not patentable, to know about patents and which inventions are patentable What are not invention? The following inventions are not patentable – How can Trademark save your Business ? - Apply Trademark. Trademark is either a logo,design,symbol or word or a combination of these elements.It helps people identify the product or service of a particular business.In order to be a good trademark it should be easy to spell,remember and recall.Trademark search has to be undertaken before filing for a trademark in order to make sure that no other such similar trademark exists.A trademark cannot to similar to any other mark existing or be offensive or deceiving When trademark symbols are used it is a notification to public of your claim of rights in particular mark and hence it dissuades others from copying or making a illegal use of the same.In India trademark registration isn’t mandatory but always recommended to do so in order to prevent further complexities.Thus it helps save the business.
Registering of trademark gives the products of a business the status of “branded Good”. Share This Story, Choose Your Platform! Current service tax rate I Apply service tax online. What is Service Tax Number ? - Apply Service Tax. Small business registration. – Certain trust such as Credit Guarantee Fund Trust has been set up by Ministry of MSME, Government of India and SIDBI, so that there won’t be any breakage in the flow of credit to the MSE sector without any interference from the third party.
The scheme is solidified on the basis that the lender should give importance to project viability and secure the credit facility purely on the primary security of the assets financed. Cluster based approach to lending is intended to provide a full-service approach to cater to the diverse needs of the MSE sector which may be achieved through extending banking services to recognised MSE clusters. The banks have, therefore, been advised to treat it as a thrust area and increasingly adopt the same for SME financing. The CGTMSE would provide cover for credit facility up to Rs. 100 lakh which have been extended by lending institutions without any collateral security. A nominal annual fee is charged by the CGTMSE to avail of the guarantee cover. Limited Liability Partnership formation. 1.
What is the minimum number of Partners required to start a Limited Liability Partnership? At least two partners are required for LLP registration. The maximum partners can be 200. Get ISO certification online. Food License Online consultant. GST return filing software online. Goods and Service Tax is a tax proposed to be levied on supply of goods and services right from the point of manufacturing to final consumption by user.
In short it is a destination based tax accruing at the place of sale/supply. The following central and state level tax regimes will end with introduction of Goods and Service Tax (GST) Taxes under the control of Central Government: Central Excise duty Service Tax Special Additional Custom Duty (SAD) Additional Excise duty on Textiles and Textile Products Central Surcharges and Cesses so far as they relate to supply of goods and services Additional custom duty (CVD) File income tax return with foreign income. 1.
Why should an NRI file a return? NRI is required to file an Income tax return when he has any income that is accrued or has been recieved in India. Filing of return is compulsory so as to avoid double taxation i.e.taxation in two countries or to claim tax refund if your income is in the exemption limit(i.e. Rs.2,50,000). Respond to tax notice - LegalRaasta - Simplifying compliance & finance. 1.
What is tax notice? A tax notice is issued by the income tax department when the Assessing Officer finds any default in the Original/Revised Income Tax Return. A tax payer can get notice from Income Tax Department for many reasons under various sections. 2. Do every tax notice makes a demand for some additional tax liability or fines or penal charges? Bulk Return Filing - LegalRaasta - Simplifying compliance & finance task. 1.
Who needs to file Income Tax Returns? Any person whose income exceeds the basic exemption limit as specified in the Income Tax Act,1961 is required to file an Income Tax Return. Now, the basic exemption limit changes from year to year. At present the limit is Rs. 2,50,000 for individuals of less than 60 age, Rs. 3,00,000 for individuals in the age bracket of 60-80 years, and Rs. 5,00,000 for individuals of more than 80 age. 2. Benefits of Registering New Business in India by using SPICE. Entrepreneurs often come forward with the brilliant ideas of doing business.
A fast and secure process that helps them in doing the same is essential for the security and success of the business. Hence, it is important for the government to extend the support to the entrepreneurs in keeping their unique business ideas safe and secure. Hence, efforts have been made by the government of India to make sure the businesses can be set up smooth and easy. India currently ranks at 130th out of 190 nations for the ease of doing business. Centre Proposed 26% Peak Rate for GST. The Government in Centre is likely to propose a four-tier taxation structure under the Goods and Services Tax Bill (GST), with a peak slab of 26%.
Nearly, 20% to 25% of the taxable goods, which also includes those consumed by the middle-class, could come under the peak rate. In the recently concluded GST council meeting, items that currently suffer a real tax incidence of 30-31% will come under the highest tax rate of 28%. Similarly, so will the other demerit items- Tobacco, Aerated Beverages, Luxury Cars and Pan Masala on which the rate are now 40-60% including cesses. Over and above the 28% levy, the four demerit goods will continue to become subject to a specific cess, so that the effective tax rate on them does not fall. The four-tier rate structure is now finalized by central and state would be on the following lines:- It was also decided that exports and special economic zones would be zero-rated.
At present, with this formula created by the government and the tax base conceived. How to get GST registration with the help of LegalRaasta? How to get GST registration with the help of LegalRaasta? GST is basically a destination based tax that is applicable at the time of consumption of services and products by the end-user. The GST tax is similar to the VAT tax that applies to the goods and services rendered to the end-user. Also, GST taxation law is made to ensure the financial transactions of the businesses have the taxes added to them and these transactions are transparent and simplified.
The VAT number holders must register themselves for receiving the GST number. The advent of GST is set to replace various indirect taxes in one law applied to various services and goods by the central government and the state government. How to get GST registration with the help of LegalRaasta? GST and the Manufacturing Sector. The manufacturing sector of any country is a major economic driver for the developing economies across the globe. However, unlike others, India’s manufacturing industry is still scrambling with the others and the performance is been lackluster.
In respite of having favorable demographic and geographic position as an advantage, it has not been able to capitalize. A complex tax structure, inadequate infrastructure, and bureaucracy diminishing its capability to perform well on a global scale engulf the manufacturing sector in India. As per the sources, the manufacturing industry in India has been close to stagnant for the last two decades with only a 16% share of GDP.
However, the manufacturing sector might be revived under the focused efforts of government and by an implementation of GST regime that could even lead to experience a paradigm shift from an agrarian economy to manufacture and service based economy. Impact on manufacturing sector: The challenges ahead for the GST implementation. Over the past year, the government has indicated its commitment to bring in the GST and finally it will be applicable from April 1, 2017. With great reforms, comes great compliances. Certainly, there are not many compliances associated with GST. Guide for global expansion of Startup/ Business. You wake up one day and realize that you have an idea which can not only change your life but hundreds of other lives too.
You, therefore set that idea into action becoming an Entrepreneur in the process. Setting up your Business in the local area and making a firm place in the market is the first step toward the change you wish to bring. But there is no limit to success hence, comes in the picture- expansion. Expansion of your business. From Local to Global.
The first Step when you decide to expand your business internationally is to decide whether or not you are ready to take such a big step. Guide for global expansion of Startup/ Business. Services are exempted to pay service tax I Service Tax Exemptions. Payment of Service Tax I Service tax registration online. How to settle a dispute between importer and exporter. Non-adherence to the rules and regulations of international trade will give rise to the legal dispute. Unethical commercial dealings like sub-standard quality affect trade relations. Settlement of dispute must be given primacy over the delivery of judgment. Service Exports From India Scheme (SEIS) Guerrilla marketing for startups.
How to select a product for Export Business. GST features (Goods & Service Tax) In India. GST (Goods and Services Tax) in India. Goods Transport Agency (GTA) in India. Anyone who provides the service of transportation of goods from one place to another via road and also issues a consignment note would be called by the name of Goods Transport Agency.In 1997, the finance act levied service tax on all the goods importers but it was withdrawn later due to revolts. However, service tax was made compulsory from 01.01.2005.The details of GTA service is given under notification no. 30/2012. Getting acquired v/s Going for a Public offer (IPO) As an investor, if you own a sizeable share in a company that has performed well, and are looking to realize your investment in monetary terms, then you may choose to do so by selling your share to another company.
Large companies often acquire smaller companies or recent start-ups for strategic reasons such as increasing market share, capturing a new audience, internalizing an externality and so on. The required documents to Importing goods to India. Importing goods in India requires the furnishing of certain documents and then acquiring licenses for customs clearance. Since various goods are imported in India and the documents vary from one good to another. However, general documents for import customs clearance are as follows:- Registration Procedure for Imports of Cosmetics in India.
How to register as Custom House Agent (CHA) - Apply IEC code. Pre-Shipment Inspection (PSI) Ensures Quality and Quantity Maintenance. Pre-shipment inspection (PSI) ensures quality and quantity maintenance of cargo that clients deal with in import-export business. It ensures that the production complies with the specifications as mentioned in a purchase order or Letter of Credit. Import-Export code goes on-line. - Apply IEC code. New rules to ensure quality imports- FSSAI - Apply IEC code.
Merchandise Exports From India Scheme ( MEIS ) Market Development Assistance (MDA) Scheme - Apply IEC code. Market Access Initiative (MAI) Scheme - Apply IEC code. Export Promotion Schemes List in India. Letter of Credit as a payment mode for Import Export Transactions. Export Promotion Schemes List in India. Letter of Credit as a payment mode for Import Export Transactions. Know about EPCG Scheme and EPCG License - Apply IEC code. Incentives for Special Economic Zones in India. How to Import and Export Metal Scrap in India.
Get import-export data of the country online - Apply IEC code. I want to import a Car from foreign country.How can i do it? - Apply IEC - Apply IEC code. Full safety for imported food - LegalRaasta - Simplifying compliance & finance tasks for Indian businesses. Difference b/w food safety & food quality online. Setting Up An Import-Export Business In India. Exemptions for Import Export. FSSAI's statements loosen up norms for carbonated drinks. All you need to know about Import Export Code. Why choose Private Limited Company. FSSAI Partners with ASCI. Packaged Drinking Water have valid License by FSSAI. FSSAI License For Online Retailers - LegalRaasta - Simplifying compliance & finance tasks for Indian businesses. MAGGI's Story - Debacle with FSSAI - LegalRaasta - Simplifying compliance & finance tasks for Indian businesses.
Patanjali Noodles Controversy - LegalRaasta - Simplifying compliance & finance tasks for Indian businesses. FSSAI License Renewal - LegalRaasta - Simplifying compliance & finance tasks for Indian businesses. FSSAI LICENSE REGISTRATION. Know All About FSSAI License. FSSAI's Rules and Regulations - LegalRaasta - Simplifying compliance & finance tasks for Indian businesses. Requirements for Public Company Registration. Private Limited Company Registration Procedure - LegalRaasta. Yuan Downfall In India. Getting Cash from Receivables.
Why start ups are good for you. Goods Transport Agency (GTA) in India. Getting acquired v/s Going for a Public offer (IPO) Get Director Identification Number. Funds through smart working capital management. Funding bootstrapped startup through internal sources FSSAI restrictions on labels of food products. FSSAI Guidelines for Packing of Milk & Milk Products. Forms of business In India. Form 16 and Form 16A. Foreign Institutional Investors. Food Corporation of India receives 25000 crore. File LLP Annual Return in India. Factors considered by Venture capitalist for funding. Duties of Director of a Company. Due Date for Income tax return filing of 2015. Business Income Return - LegalRaasta - Simplifying compliance. Revised Return Filing - LegalRaasta - Simplifying compliance & finance. File income tax return with foreign income. LegalRaasta TDS filing software. File Income Tax Return Online for Free. GST Registration process India. Learn how to file GST return.
Conversion of Partnership into LLP. Steps to register your Patent in Gurugram. Steps to register your Patent in Hyderabad. Steps to register your Patent in Kolkata. Steps to register your Patent in Chennai.