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Fresh start scheme 2020

The Ministry of Corporate Affair issued the circular dated 24th March, 2020, having Circular No. 11/2020 relaxing any additional payment payable by the company on late filing of e-Forms to ROC to provide relaxation to the corporate world causing devastating circumstances created by COVID-19 causing a global pandemic. MCA in furtherance of the above circular


India’s IPRI score Decreased from 2014, in 2014 India’s global IPR score 46 in 95 countries. but this year the global IPR score has been increased by 0.180 to 5.820 placing it 10th in the Asia and Oceania region and 55th in the world. India is classified by the IMF as part of the Emerging

Short term fund for startup

Managing current/short-term funds is critical for the long-term success of any Startup. Working Capital Management or in simple words ensuring adequate short-term liquidity is important in order to meet current business obligations, and in the process ensuring the survival of the business. Very often start-ups forget that your financing is great but one element they

trademark registration

In the recent days, Khadi and Village Industries Commission (KVIC) has taken various initiatives for protection and promotion of Khadi as a brand in India and internationally and are the registered proprietors of over a hundred trademarks registrations including the symbol of ‘Charkha’ in India and other countries like Russia, China, Germany, Australia, UK and


According to the latest circular issued by the government, IEC is not mandatory for all traders who are registered under GST. In all such cases, the PAN of the trader shall be construed as a new IEC code for the purpose of import and export. Import Export Code (IEC) isn’t required to be taken in

Company registration form

To more focus on Ease of Doing Business(EODB) initiatives, Government of India’s, Ministry of Corporate Affairs ‘MCA’ would be shortly notifying & deploying a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the existing SPICe form. SPICe+ would be an integrated Web form offering multiple services Like; Name reservation, Incorporation, DIN allotment, Mandatory issue

Mandatory Compliances for Startups

A startup running as a private limited company has to follow numbers of compliance as laid down by various statutes and other regulatory bodies. These include but are not limited to the periodic filing of tax and other returns, holding the board and other meetings, maintaining statutory books and accounts etc. Compliances for Startups under

Company audit

The preparation of financial information and its audit, therefore, needs to be regulated through law with stringent penalties for non-observance. Accounting And Auditing is a technical matter which needs to be gone into by experts keeping in view the requirements of proper disclosures of financial transaction in the interests of healthy corporate governance. Institutional mechanism

How to register a company in India

How to register a company in India

In ara of Startup, Entrepreneurs come up with a new idea, most of the startup founder and cofounder are coders, designers, marketers, and folks from different professions. One critical thing that most startups aren’t the best in the basic legal compliances when it comes to starting and registering a business. Let me tell you how

trademark infringement

Britannia Industries has filed a trademark infringement case against Future Consumer alleging that the Kishore Biyani-led company (Future Group) has copied the packaging of several of its biscuit brands. In the case filed in Delhi High Court last week, Britannia has alleged that Future Consumer’s packaging for some of its ‘Tasty Treat’ brand of biscuits

Corporate tax

New Corporate Tax for FY 2020-21

In Budget 2020-21 corporate tax slab has changes, New Corporate Tax for FY 2020-21 is benefited to New startup and MSME company. Existing company also gets benefits in the new tax slab which is announced in the FY 2020-21 budget. Corporation tax is a direct tax imposed on the net income or profit that enterprises

new income tax slab

The new tax regime shall be optional for the taxpayers. An individual who is currently availing more deductions & exemption under the Income Tax Act may choose to avail them and continue to pay tax in the old regime. The new personal income tax rates will entail estimated revenue forgone of ` 40,000 crores per

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