Pankaj Tyagi

It’s almost impractical to identify a home that comes with an affordable rent amount. However, if you managed to find the best deal somehow, you cannot skip unseen elements such as tax deduction. Such elements make the entire process more perplexing & unnerving. The term “rent” is unsettling for many of us since it indicates […]

A company that is settled abroad has the option to have offices within the Indian Territory that are not primarily subsidiary entities. Subject to the RBI’s norms, an overseas entity can have a liaison office, project office, our branch office. The obligations of such an office are limited as they are bound to perform certain […]

The Right to Information, broadly known as (RTI), is an act enacted by the Indian government that underpins the provisions regarding citizens’ right to information. It supersedes the former Act, namely the Freedom of Information Act, 2002. As per the provisions of the RTI Act, any law-abiding citizen of India may prompt “public authority” in a prescribed […]

Partnership firm comes under the ambit of Partnership Act, 1932. The partnership also regulated by the norms of the Indian Contract Act, where the former act is silent. The partnership is a structure that primarily benefits businesses with moderate management size and a smaller footprint. Therefore, these firms often have tough times propelling business activities […]

Double insurance refers to insurance where the same subject matter is insured twice or more than that. In such scenarios, the same subject is insured but with different insurance companies. The concept of Double insurance is not illegal at all. Double insurance come to light when a business avail insurance w.r.t the same risk and […]

GST Suvidha Provider (GSP) is deemed as an authorised intermediary or an enabler for business entities to access the GST portal. It helps comply with the norms of GST law via their APIs* and software applications.  API*: API is an abbreviated term for the term Application Programming Interface, which refers to a software intermediary that enables two […]

Merger or Acquisition is a tedious and complicated procedure owing to the presence of vast legal implications. Small companies often have tough time in addressing the legalities associated with such processes. To counter such a situation, the Ministry of Corporate Affairs (MCA), on 15 Dec 2015, introduced fast-track mergers u/s 233 of the Companies Act, […]

The Indian Government introduced the Insurance Ombudsman scheme for the Individual policyholders to resolve their grievances without judicial proceeding cost-effectively and impartially. Presently, there are 17 Insurance ombudsmen located pan India. These institutions allow the complainant to file their grievance against the accused company. Please note that these institutions work in a state-wise manner. Therefore, […]

A private limited company is arguably one of the best business structures in India. It renders ample benefits to the business owner in terms of legal stability and shareholders’ liability. It is one of those business structures that revolve around plenty of mandatory compliances. This write-up aims to render a complete briefing regarding the rules […]

Broadly speaking, intellectual property rights (IPR) refers to a general type of legal IP protection for those who create. These rights, though, have made significant contribution to the world from economic standpoint. Many firms from different sector rely on the enforcement of their patents, copyrights, & trademarks, while end-users can also be assured of quality […]

Wondering how much it would cost to legalize a firm in India? Learn about the cost of registering a Pvt ltd company in India. Private limited company registration cost varies from Rs 6,000/- to Rs30,000/- in accordance with the number of directors, members, authorized share capital & Professional fees. An Overview on Pvt ltd Company  A […]

Wish to ship export food items from India to the USA? Sounds like a profitable business option. Welcome to the exciting regime of foreign trade, i.e. imports and exports. As per the Foreign Trade Policy of Indian, the exporter should avail an Import Export Code (IEC) before commencing the EXIM business. Import Export Code is […]

Every commercial establishment and entity need to align themselves with underlying legal implications for the seamless continuation of their business journey. There are various legal frameworks in place that oversee the functioning of the working entities and commercial establishments in India. Trade and shop establishment registration are the two fundamental government registrations that regulate the […]

A digital wallet, broadly known as an e-wallet is a software-oriented system that securely spares consumer’s payment details and passwords for various payment methods and websites. Digital wallets have mitigated the requirement of carrying physical wallets by storing payment detail promptly and securely. Besides, digital wallets are a boon to industries that amass consumer data. […]