Posts

What is Trademark Objection and How to file it?

Image
When someone owns the trademark to a product, they can arrange to license other people to allow them to use the trademark in their business activities. A legal agreement draws up between the trademark owner who is called the licensor and the second person who becomes the licensee. What is Trademark Objection? The Trademark officer can anytime object to your trademark by explaining various reasons. A trademark objection could oppose because of an identical name, the likelihood of confusion, descriptive design, and prohibited name or detrimental to the existing trademark or the trademark you choose may hurt religious sentiments of some section or is likely to confuse the customers. Reasons for Trademark Objection After filing the trademark application, trademark examiner examines the application. These are done to ensure that the application is not inconsistent with the rules of brands. A trademark application may face an objection to any of the following reasons:

All Rules and Regulations for Nidhi Company as Per MCA Norms

Image
There are some essential basics in starting a business, Nidhi. Business owners can choose to start a business based on the benefits that can be enjoyed by Nidhi. There are certain restrictions and conditions of deposit when beginning a business Nidhi. A bright idea about Nidhi Company is required if you are new to the industry. Nidhi Company is a corporate structure made according to Section 20A of the Companies Act 1956. It is governed by the Ministry of Corporate Affairs (MCA), and there are specific rules to follow Nidhi Company in India. Nidhi Company formed primarily to develop the habit of savings among its members only for their mutual benefit. The primary source of funding for Nidhi Company is the contribution of the members. Rules and Regulations for Nidhi Company: A Nidhi company is limited to undertake any of the activities mentioned below: ·         To initiate the business of leasing, chit funds, lease financing, the acquisition of securities or insuran

Section 8 Company Registration Rules and Regulations in India

Image
Section 8 Company Registration is governed by the Indian Companies Act, 2013, and the rules and regulations made by the said Act. The Ministry of Corporate Affairs administers it, Government of India, though the company’s registrar offices located in all states of the country. The demand for the availability of the name of Section 8 companies is made in a facility “Unique Subject Name.” Name of Section 8 Company should not include the words Private Limited or limited to the end of its name. What are the main objectives of Section 8 company registration? ·          Promotion of science, art, commerce, financial assistance, social welfare, education, sports, charity, research, medical, religion or proper protection Business/legal environment ·          The benefit that is derived from these activities should be used to promote the activities of the organization of the company, or it must be used to achieve the objectives of the sales organization ·          No par

What are the Benefits of GST for Startups and Small Businesses?

Image
Taxpayers in India got a big relief since the government adopted the new GST Act. With the implementation of the new GST Act, the cascading effect of various taxes was decreased by the government to a greater extent. Thank you to the new GST regime based on "One Nation, One Tax" concept, the Indian government has also added many taxpayers under the radar of the GST that has escaped so far because of the failure of the collection system existing taxes. Well, the most important area where the GST has contributed enormously is a job offering more and more opportunities for startups and entrepreneurs as to improve the ease of doing business index, adding prospects employment, improving cross-border trade, and more. Now let's dive deep into the key year’s benefits of GST Registration in Gurgaon for startups and small businesses in India: 1.      Much of the improved tax system with greater transparency and minimal corruption With the new regime of G

Amazing Tax Saving Tips for a Private Limited Company

Image
Taxes are a significant part of maintaining a business. In the present situation where working together has turned out to be increasingly stringent because of the compulsory necessity of following numerous and complex laws, tax collection law is something you ought to restructure to a specialist. Tax assessment laws in our nation, yet everywhere throughout the world are perplexing and not everyone’s cup of tea. In the event that you don't know about taxation saving alternatives, you may wind up paying a critical measure of expenses to the government consistently. In this article, we will talk about top tax-saving tips that each Private Limited Company Registration in Delhi must pursue: 1. Executive’s Salary The most straightforward approach to save expense in the private limited company is by offering compensation to the chiefs. As you are the originator of the organization, at that point day's end you are the person who will have the benefit in the pre-ch

How Digital Signature is Beneficial in Digital World?

Image
New business opportunities have emerged as online and paper-based transaction systems are removed. These include knowing whom you are dealing with (identification), which is authorized to access what information (entitlements), and how individuals will be held accountable for their online commitments (digital accountability). Digital signatures uses public- key infrastructure (PKI) technology, are widely recognized as best practice for ensuring digital accountability for electronic transactions. Digital Signatures are the most effective, secure, and easy-to implement method of providing accountability while enabling electronic transactions. How Digital Signature Works? If you are sending a sensitive document, you would want the recipient of the document to know that it was from you and you would also want to ensure that the document gets to the recipient in the very same state you sent it in, without any alterations. The process of digital signing There are typically thr

Important Points to Remember for Filing GST Returns

Image
A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability. Under GST, a registered taxpayer has to file GST returns that include: ·         Purchases bills ·         Sales bills ·         Output GST (On sales) ·         Input tax credit (GST paid on purchases) To file GST returns, GST compliant sales and purchase invoices are required. Here Team Filing Bazaar helps and guides in GST Registration in Gurgaon and all over India. In the GST regime, any regular business has to file two monthly returns and one annual return. This amounts to 26 returns in a year. Key points to keep in mind while filing your annual GST Return . 1.     Taxpayer should note that the return for March 2019 is the last chance to amend or rectify mistakes done, or things omitted in GSTR-1 or GSTR 3-B return for FY 17-18. So, the taxpayers should reconcile