Pankaj Tyagi

The Global pharmaceutical industry, operating worldwide leverages the patent system to protect their best interest. Despite being attached to a strong legal framework, the patent system has been distorted oftentimes. Patent protection has been negatively influenced by pharma companies for the sake of fiscal benefits. The so-called lobby system in our country is held responsible […]

Is import license and IEC certification are two different things? Indeed, import license differs significantly from Import Export Code as it serves the different purposes altogether. The Import Export Code primarily referred as basic form of registration that every importers and exporters has to avail before commencing the business of foreign trade. It indicates that […]

Are you about to start a business of foreign trade by importing product from aboard? Are you not aware of the significance of IEC in international shipping? Do you wish to import commodities without IEC registration? If yes, then you have landed on the right page. This article will answer these questions by shedding some […]

Every food establishment in our country has to abide by the regulations provided by the FSSAI. The FSSAI is an apex institution that underpinned various guidelines for food safety and standards in our country. FSSAI is collectively managed by the panels of scientists, technicians, subject matter experts, and a central advisory committee. This institution aims […]

In this blog, you will come to know about everything regarding Reservation of Company Name of your company. The process of incorporating a privately held entity has been changed after the amendment in the Companies Act, dated on 23.02.2020. Previously, a separate form has to be filed with the Ministry of Corporate Affairs to reserve […]

The global demand for chocolate is rising every passing day. At present, Indian Chocolate is exported to around 160 countries worldwide. The aggregate value of export from India is accounted for 138.48 USD million. Henceforth, exporting chocolate is a profitable business for anyone who wants to reap a good amount of revenue with a minimum […]

Apart from tracking the balance sheet what else a small business owner can do to track the financial well-being of their company? The answer is accounts receivable turnover. If you have recently stepped in into the business arena then probably you might not be aware of this particular term. Accounts receivable turnover reflects the company’s […]

Every passing day people are becoming more conscious about the food quality available at different premises such as hotels, restaurants, and food stalls. But there is no way people can determine the quality of the food by just smelling or looking at the outer appearance. The majority of the FBOs operating across the country are […]

The term “IEC certificate” signifies proof of Import Export Registration. As per the Foreign Trade Policy, the IEC registration is mandatory for every importer and exporter operating in India. IEC registration typically exhibited in the form of a 10 digit numeric code, and the Directorate General of Foreign Trade issues it. Furthermore, an Import Export […]

Are you willing to set up a profitable Cocoa Export Business in India? You have landed on the right page. This blog will shed some light on the legal obligation for setting up a Cocoa export business in our country. Before we get to our main topic, let us have an outlook on cocoa production […]

IEC adheres to utmost importance for the exporting companies because they won’t be able to ship their products to overseas countries without it. In general, the Import Export Code is supposed to be added to the shipping documents like a packing list, certificate of origin, and bill of lading. In short, it is the doorway to […]

At present, the street of India is flooded with multiple drugstore or pharmacist. Those days are extinct when people get ill in their old age only. Owing to decaying conditions, people have now become less immune to diseases and other health issues. If you are planning to dive into medication business, then you have to […]

Owing to the expansion of digitalization and market outlets, the companies dealing with FMCG products witnessed tremendous domestic sales in the last few years. The government is aggressively endeavoring to inculcate a new strategy to encourage the export of these products. First-quarter of 2020 brings good news for the exporter as the DGFT announced the […]

Are you a proactive entrepreneur who wishes to earn unparalleled credibility in the field of pharmaceuticals? The drug-selling business is wrapped around many complexities due to the presence of countless compliance, which is indeed hard to comply with. Quality plays a critical role in the pharmaceuticals business. The competition in the drug business is quite […]