LLP Settlement Scheme 2020
The Ministry of Corporate Affairs, Government of India has introduced the LLP Settlement Scheme 2020. The scheme is set to give defaulting LLPs a one-time relaxation in paying the condonation fees for the delayed filing of documents. The scheme will come into force from 16th of March 2020 and will be in force up till
- Published in Manage Business
Companies Fresh Start Scheme, 2020 Companies can file pending forms, returns without late fees
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
- Published in Manage Business
India Ranks 55 Out Of 129 Nations In International Property Rights Index 2019
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
- Published in Technology
#9 Managing short-term funds are critical for the long-term success of any 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
- Published in Startup Master Class
Khadi fights back to protect ‘Charkha’ symbol Trademarks, Internationally
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
- Published in Trademark Registration
Is a GSTIN Mandatory for Importer and Exporter
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
- Published in Goods and Service tax- GST
MCA focusing on simplifies the process ‘SPICe+’ of Companies Registration to push India’s ease of doing Business
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
- Published in Company StartUP Services, Starting a business, startup business
What are Mandatory Compliances Startups Company in India
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
- Published in Manage Business
Guidelines For Accounting And Auditing For Private Limited Companies
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
- Published in Manage Business
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
Britannia Sues Future Group For Trademark Infringement Claim Packaging Of Tasty Treat Is Deceptively Similar To Good Day Biscuits
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
- Published in Trademark Registration
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
- Published in corporate tax, INCOME TAX
Homologation Certification Service from ICAT & ARAI
SPLAN provides you a full range of support and service for establishing automobile industries including 2W, 3W, 4W, EV’s, Tractor, E-Rickshaw, Bus, Truck, Trailer, CEV, Power Tiller & Combine Harvestor. SPLAN also offers comprehensive certification and homologation services for the entire range of automotive vehicles as well as systems and components. SPLAN is an expert agency for
- Published in 4th industrial revolution, Automobile Industries