Karan Singh

The MSME or Micro, Small and Medium Enterprises have introduced a subsidy scheme called Credit Linked Capital Subsidy Scheme (CLCSS) and Technology Upgradation Scheme (CLCS-TUS) for MSEs. The CLCSS or Credit Linked Capital Subsidy Scheme aims to aid technology up-gradation for providing upfront Capital Subsidy to SSI units, comprising khadi units, coir industrial units, tiny […]

It’s always important to maintain the value of exports and imports, i.e., the value of exports should be more than the value of imports. The Government of India has introduced various schemes to boost exports made by the country. All the activities related to import and export are governed by the FTP or Foreign Trade […]

The Software Technology Park Scheme is a 100% Export Oriented Scheme for the development & export of professional services using communication links/physical media. The Software Technology Park Scheme is distinctive in its nature as it focuses on one sector or product, i.e., Computer Software. The scheme integrates the Government idea of EPZ (Export Processing Zone) […]

The world’s fastest-growing industry is the electronics industry, with applications in all sectors or areas of the economy. Semiconductors have been the main enabler in the development of electronics for over 5 decades and will play an important role in the development of new applications, including AI (Artificial Intelligence), robotics, smart mobility, IoT (Internet of […]

On 1st May, 2006, the DFIA Scheme was introduced in place of the DFRC (Duty-Free Replenishment) Scheme and it’s similar to the AA (Advance Authorisation) Scheme with certain differences. A Duty Free Import Authorisation Scheme is issued to allow duty-free import of inputs which are utilised in the manufacture of an export product, energy, fuel, […]

EPCG Scheme or Export Promotion Capital Goods Scheme aids in facilitating the import of capital goods for manufacturing quality products and to enhance the competitiveness of India’s Export. EPCG scheme permits the import of capital goods that are used in the pre-production, production & post-production without customs duty charge. In simple words, EPCG Scheme can […]

EPR stands for Extended Producer Responsibility, and the EPR Certificate is compulsory for Indian Manufacturers or Imported products for E-waste management. EPR Authorization is provided by CPCB or Central Pollution Control Board under MoEFCC, Government of India. EPR or Extended Producer Responsibility is the responsibility of every producer producing electronic or electrical equipment’s to move/shift […]

The charitable institutions or associations are entitled to certain tax exemptions and benefits in India. The benefits & exemptions are dealt with under Section 12AA/12A and 80G of the IT Act, 1961. However, to avail such benefits and tax exemptions under Section 12A and 80G had to revalidate their registrations. The present NGOs or charitable […]

A Partnership Firm is one of the most used business structures in India, and it is way much easier to establish, and the burden of compliance for a Partnership Firm is much lower than that of a company. Basically, a Partnership is an agreement between two or more parties or individuals to work together for […]

The Startup India initiative by the Indian Government predicts building a strong Startup environment in India for nurturing innovation and giving opportunities to budding entrepreneurs. Also, in the Union Budget of 2020, the Government of India set up an Investment Clearance Cell for early phase Startups. This Cell provides end-to-end support and facilitation for clearance […]