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People often confused between the trade name and trademark as they are considered similar. But the fact is both the trade name and trademark are different and both are equally important for a business. One must know the difference between them to decide whether they are in need of registration of trade name or trademark. […]
The Reserve Bank of India has the expert committee report released on Resolution Framework for COVID-19 relates to stress. The Reserve Bank on August 7, 2020, has announced the constitution of an Expert Committee under the chairmanship of Shri K.V. Kamath in order to make recommendations on financial parameters. It has made resolution plans under […]
For registering a Brand name in India, it is essential to give an appropriate and true trade description. It will be helpful during the different stages of the trademark registration process, especially in differentiating your brand from other similar mark based on trade activities or trade descriptions. Also, if in case of any error in […]
A trademark is a way of branding and identifying a product or service, and helps in distinguishing products or services from competitors. Over a period of time, the concept of what is considered to be a trademark has expanded. It includes logo, colour, word, sound, smell, shape, phrase, picture, number, movement, letter, aspect of packaging, […]
The protection for intellectual property rights (IPR) worldwide is really important for the future economic growth and development for the countries. Intellectual property can be registered both in national and international dimensions. It includes common rules and regulations, International Conventions to achieve strong intellectual property protection which promotes global expansion and the growth of new […]
Trademark is a unique identity of a products or service or business, expressed by graphical representation, color combination, text, sound, smell, taste or even by name giving a full-fledged definition to a brand. Trademarks have been classified in the goods and services under 45 categories that are termed as classes. Each class categorizes in specific […]
Professional tax is a state-level tax which is imposed on income earned by way of profession, trade, calling or employment. Hence, Professional tax is applicable to all working professionals like chartered accountants, lawyers, and doctors. The tax is based on slabs depending upon the income of an individual who may be self-employed or working as […]
It is needed to conduct a patent search before filing a patent application. The use of Indian patent (advanced) search system is to conduct patent searches, check the registration details of patents granted, and also check the status of a patent application. It is important to know the layout of InPASS. In the InPASS, four […]
In most of the states the Professional tax registration process is done via online mode, and for which an online application must be submitted in a prescribed format. The documents are also required according to the type of entity registration is sought and it must be submitted by the person at the department at the […]
According to the Companies Act 2013 read with the Companies Incorporation Rules, 2014, it is necessary to incorporate a private limited company with a minimum of two shareholders along with two directors (they can be the same person), w.e.f 23 Feb 2020. The (MCA) Ministry’ of Corporate Affairs has launched recently (Incorporation Forms) SPICE+ and […]
A patent is a universally much-admired name for monopoly or exclusive right granted by the state in favour of an inventor in respect of any such invention. It excludes the rights of others for a limited duration to do certain acts in relation to an invention. Therefore, today’s international scenario on the patent has been […]
NSIC stands for National Small Industries Corporation is an ISO certified Enterprise under the Indian Government’s Micro, Small, and Medium Enterprise. The (NSIC) National Small Industries Corporation fosters and promotes growth of the MSMEs in India. It operates all over the country with a help of the network, Technical Centres, and Offices. What are the […]
The (CBIC) Central Board of Indirect Taxes and Customs has pronounced the Faceless Assessment for all import goods at an All India level in all ports of import by October 31, 2020 under the policy of a next generational Turant Customs programme. However, the CBIC has earlier notified Phases I and II of Faceless Assessment […]
Patents, among other intellectual property rights, are one that takes a relatively long time to secure. The first question that comes up to an applicant’s mind before applying for a patent is that how can we secure a patent and the rights of the patentee against the infringement. The process to secure a patent has […]