Soumya Bajpai

The Central Board of Indirect Taxes has made available the new functionalities for Tax Collection at Source (TCS) and Composition Taxpayers. The Central Board of Indirect Taxes has also enabled the filing Form GSTR-4 Annual Return by Composition Taxpayers on Goods and Services tax Portal. Provision to amend Form GSTR-8 Earlier, the TCS (e-commerce operators) […]

The patentability of an idea is one of the controversial topics faced during the grant of patents. There is a slight difference between an idea and an invention because every invention is first an idea that later matures and then get idea patentable. It seems there is no substantial way to protect an idea under […]

All the taxpayers in India compulsory required PAN (Permanent Account Number). The companies incorporated in India or abroad mandatorily required PAN for establishing a business. The companies that have Indian origin but they are generating income outside the country also require to have PAN for several purposes in the country. The PAN is quoted during […]

A patent is considered as the transferrable property that can be transferred from the original patentee to any other person by assignment of patent or operation of law. A patent can be licensed or can be assigned only by the owner of the patent. In the case of co-owners or joint-owners, a co-owner can assign […]

The (MSMEs) Micro Small and Medium Enterprises require services like Machine Supplies, Software & Hardware Supports and Media Communications, etc. The constant request from MSME units for availing these services on transparent and affordable prices. NSIC renders holistic services to MSME and likes to facilitate services in unmet areas of the MSME sector.  NSIC is […]

Indian Banking Association (IBA) has submitted a list of recommendations to the government and the Reserve Bank of India to ease the financial burden faced by various sectors due to the outbreak of the COVID-19 pandemic. Some of the key suggestions included a blanket credit guarantee for MSME loans, one-time loan restructuring for sectors hit […]

The Controller General of Patents, & Trademarks, the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, has revised the statutory fee for all related patent filing fees a notification released on February 2014. The overall patent filing fees of obtaining a patent include the statutory fees that have to be paid […]

MCA has amended the Companies (Management and Administration) Rules, 2014, while exercising its powers conferred under section 92 sub-section (3), read with section 469 sub-sections (1) and (2) of the Companies Act, 2013. The Central Government hereby makes the rules which are called as Companies (Management and Administration) Amendment Rules, 2020. They will come in […]

DPCC stands for Delhi Pollution Control Committee, and it is a self-governing body founded in 1991 by the Delhi Government under the guidance of (CPCB) Central Pollution Control Board. The DPCC essentially issues a License for DPCC consent, which means NOC for DPCC to ensure that the proposed and existing business entity being set up […]

The National Small Industries Corporation (NSIC), an ISO 9000 certified company, has been working to fulfill its mission of promoting, aiding, and fostering the growth of the small-scale industries and industry-related small services/businesses the country. There are various functions of NSIC, from which some are discussed further in this article. Role and Responsibility of NSIC […]

Intellectual Property Rights is one of the most important properties of almost all the domain internationally. New technologies in various fields have increased in the number of patent applications filed in India. However, exploitation, protection, and enforcement of patent rights at the international level are crucial for all the innovators. Therefore, patent litigation requires court […]

National Small Industries Corporation (NSIC) is the ISO certified Indian Government Enterprise under Micro, Small, and Medium Enterprises. NSIC is working to aid, foster, and promote the growth of MSMEs (micro, small and medium enterprises) all across the country. NSIC schemes operate all across the nation through a network of Technical Centres and offices. In […]

The Designs Act 1911 was repealed and replaced the Designs Act 2000, which sets down a new statutory framework for protecting designs, which has been enforced since 11 May 2001. The Act provides standards for the protection of registered designs (as contemplated in the (WTO) World Trade Organisation Agreement on  (TRIPs) Trade-Related Aspects of IP […]

The Government, Ministry of MSME, has come out with COVID-19 Standard Operating Procedure (SOP) for MSMEs at the workplace for registered MSMEs. These guidelines are issued for small enterprises to prevent transmission of the coronavirus among employees and workers. The SOP for MSMEs applies to the current COVID-19 pandemic phase in India (local transmission and […]