The term “Fintech” is a combination of two vital facets of business- Finance & Technology. Fintech is a technology-cum solution that has proven its worth in the banking sector by improving its core functionality. And now it has stretched its footprint over other sectors such as insurance, payment gateway, asset management, and so on. It […]
There are good numbers of people out there who prefer quality over anything else when it comes to buying packaged foods. Packages are the potential indicator of the quality because they enclose vital details like the composition of ingredients and preservatives. People do check these parameters before making payment for a particular packaged food. Mediocre […]
If you intend to sell alcohol-based beverages such as wine, whisky, rum, or beer in India then you would require a liquor license for that. Liquor is usually available in clubs, bars, restaurants, hotels, discos, and pubs. Henceforth, a liquor license is a must-have requirement to open such establishments in India. Legally, it’s an offense to sell […]
Every commercial establishment in India must have Shop & Establishment Registration in place before commencing business activities. The said license is named differently in a different state, so don’t get confused by the terms like trade license or Shop Act license because they are all same. The provisions for shop and establishment registration differ state-wise. […]
On a global scale, India has secured the sixth position in the food and grocery market and fifth position in the retail market. The food manufacturing business is thriving like never before and it is a good time a make an early investment. Food is one of those commodities that never encounter negative demand. As […]
The food business is one of the most profitable business niches around the world. The demand for food items more or less stays positive, even in adverse times. Now, this opens the door of opportunities for start-ups who are willing to make a mark in the food business domain. Most start-ups think that setting up […]
The Tamil Nadu Shop and Establishment Act administers the functioning of companies in Tamil Nadu. The State Department of Labour grants Shop and Establishment licenses to the eligible entities. It’s worth noting that for MSMEs and small-scale industries, this license act as legit evidence of existence. Given below is a detailed guide for obtaining Shop […]
Are you about to open a shopping outlet or a grand amusement park? If so, then you will need to get registered under the Shop and Establishment Act. Carrying out the business operation without this license would compel you to encounter heavy penalties as under the law. This blog will guide you on how to […]
When we think of the general paradigm of property, the first thing that pops up in our mind is physical possessions such as houses and automobiles. In modern society, though, the meaning of property goes beyond what we can see and touch. Technically, physical possessions are referred to as tangible property, something that we can […]
A trademark is a form of IPR i.e. intellectual property right that facilitates exclusive rights to the owner over the name, logo, or design. Thus, trademark registration is vital to building a brand for your firm. This write-up will walk you through the different types of trademark classes as well as the benefits of having […]
Every business journey in India starts with obtaining basic licenses, and a shop act license is one of them. A Shop and Establishment License is an absolute mandate for establishments like supermarkets, theatres, hotels, retail shops, and so on. Commencing a business without this License could compel the owners to encounter heavy penalties. In this […]
Being an apex government institution, FSSAI plays an imminent role when it comes to food safety and hygiene. Up till now, FSSAI has underpinned innumerable guidelines regarding food safety for increasing the accountability of FBOs toward public health. In recent time FSSAI introduced a brand new scheme, viz Food Safety Mitra for effective implementation of […]
India is a nation that reaps most of its revenue via its agrarian economy. Our country is the 6th largest nation in the food & grocery market and the 5th large in terms of the retail marketplace globally. Food processing is a promising sector that adheres to limitless growth opportunities. In this write-up, we will […]
DGFT of ten brings some amendments to FTP’s policies for improving the compliance requisites and global trade. With that said, this apex government institution has recently come up with yet another important announcement for IEC holders. In this write-up, you will come to know about amendments made by the Directorate General of Foreign Trade, i.e. […]
