Learning / / Page 28
A trust can either be public or private. Private trusts operate under the ambit of the Indian Trusts Act 1882. Trust Registration under Indian Trust Act, 1882, renders legal protection for the trustor’s assets, to ensure those assets are distributed as per the trustor’s intention, and to save time, minimize paperwork &, in some scenarios, […]
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a government-backed scheme that facilitates income support to all families of landholding farmers to supplement their fiscal requirements for procuring various agricultural inputs & related undertakings and domestic needs. Core Objectives of the PM-KISAN Scheme To raise the income of the financially challenged farmers (technically referred to as […]
CPCB has started registering PIBOs on its portal in view of the provision of PMW Rules, 2016, as amended. In view of this, the said authority has rolled out Standard Operating Procedures* (SOPs) and launched a web-based portal in this context. MoEF&CC has notified draft regulations on EPR, i.e. Extended Producer Responsibility for plastic packaging, […]
The apex food regulator of India FSSAI has rolled out new provisions vide Notification No. F. No. Stds./Organic/Notification-01/FSSAI-2019 Dated: 14th October 2021 to modify the prevailing Food Safety and Standards (Organic Foods) Regulation, 2017. The said provisions shall become functional on the publishing date, and all FBOs are mandated to comply with the same w.e.f. […]
Copyright registration is hard to come by for a work of art which is seemingly identical to someone else’s work. Copyright a remix song in India is somewhat a complicated affair considering the limitations available in the Copyright law. But the good news is that is not an impractical chore, provided one adheres to certain […]
Form 29B allows entities to disclose book profits authenticated by a Charted Accountant for a given assessment year as per the norms mentioned u/s 115JB of the Income Tax Act, 1961. Eligible taxpayers being a company, can file this form via online and offline mode. The write-up will cast some light on the applicability of […]
To foster the best practices in granting of petrol pump license & franchise by Oil Marketing entities, a new dealer selection process has been evaluated. As per the new process, the application is examined against pre-determined eligibility criteria. After fulfilling the eligibility criteria, the passed candidates move to the subsequent round, wherein the bidding process […]
All Non-Government Organizations (NGOs) seeking to procure CSR funding and the implementing bodies are mandated to submit Form CSR-1. By submitting such a form, the social agency gets registered and becomes eligible to avail funds from corporate. W.e.f Apr 1, 2021, the Ministry of Corporate Affairs has made this e-form available on its portal & […]
Are you planning to draft a deed for gifting property to your loved one? Are you unsure about the existing implications concerning gift deed stamp duty and taxation? Since there is no monetary transaction involved for the property exchange, should the parties really be addressing stamp duty in the case of a gift? What role […]
The last Will of an individual refers to a legal document which encloses details regarding the inheritor, executor of the Will, and time for property transfer among the concerned beneficiaries. There is no legal compulsion to register a will in India, but it acts as strong legal evidence as per the Indian Registration Act. The general bylaws […]
We lived in an amazing world full of endless possibilities & incredible opportunities. But it can be an overwhelming & complex place when things don’t work as they should. It often implies standards are absent. But when ISO Standards are applied, life becomes so much easier and more prosperous. ISO Standards help to make the […]
Micro, Small and Medium Enterprises, broadly known as MSMEs, considered as the key pillar of the Indian Economy. Their contribution towards nation’s GDP is quite remarkable. MSMEs allow Indian citizen to venture into any business and aid society via job creation and facilitation of cheaper goods and services. They have also gradually and constantly revive […]
Are you planning to open a restaurant in India? But you don’t know where & how to proceed? In this write-up, you would come across mandatory licenses required to open a restaurant in India. Once you get accustomed to such a requirement, it would become easier for you to set up a legally viable restaurant […]
Most people in India usually step into a business regime without any proper research. Owing to this, several businesses run into the trouble of losing their existence. This write-up will provide you with a solid blueprint of setting up a profitable garment manufacturing unit in India. Market Analysis of Textile Industry Foreign Direct investment in […]