Business Updates

Parle Agro filed trademark infringement against Walmart India

trademark voilation between parle vs walmart india

As we all know, the foreign countries have always faced the battles between the different brands for the trademarks and copyright. Similarly, India has now newly started facing these legacy battles between big brands. Also, it is a rare case of a domestic company suing an MNC for trademark violation. Parle Agro has proceeded with … Read more

PM Modi announces New Tax Reforms to boost transparent taxation

Faceless, seamless, painless

A new Tax Reforms has been introduced called Faceless Assessment, Transparent Taxation launched by CBDT (Central Board of Direct Taxation). It is beneficial for the entrepreneur and ease the compliance burden of taxpayers and reward honest taxpayers by Faceless, seamless, and painless. Also, it provides a transparent system by digital transactions and electronic modes of … Read more

MSME in India – New Guidelines for Udyam Registration

GST and ITR for MSME

Recent Notification issued by the Government of India notified on new eligibility, and guidelines for Udyam Registration for Micro Small & Medium Enterprises(MSME). Every business has to obtain GST registration and file Income tax return on or before 31st march 2021 to sustain the validity of the MSME Certificate. According to the Government’s revised guidelines, MSME is now placed under the … Read more

The recovery of Strike Off Company without Fee of RoC Penalty

roc penalty

If you have a company that continuously suffered due to the pandemic COVID-19, the ministry of corporate affairs (MCA) has come up with a new scheme Companies Fresh Start Scheme, 2020 (CFSS) which specify that there is a recovery of the strike-off company without fee of roc penalty (Registrar of Companies) and also considered for removal of Directors … Read more

Everything Know about Apple Watch Series 6 with new patent

apple watch

Apple watches series 6 has launched new Apple Watch Series 6 with new patent the Fall Detection feature as many leaks and stories have given us an idea to expect from the upcoming iPhone 12 models, one of the patents discovered by Patently Apple website ultimately indicates a feature that may arrive in Apple Watch … Read more

RBI Loan Restructuring Scheme: RBI sets up panel to deal with coronavirus

RBI

In its financial policy review on Thursday, the Reserve Bank of India provided the agreement to an RBI Loan Restructuring Scheme for stressed borrowers. A special window granting one-time loan restructuring to companies and individuals, it will give relief particularly to those affected by the Covid-19 pandemic. However, Under the COVID Loan Restructuring Scheme, consumers may get more delay … Read more

Income Tax Return Filing (ITR) date extended

ITR Filing

  To offer some relief to taxpayers in the pandemic, the Central Board of Direct Taxes newly extend Income Tax Return Filing (ITR) date extended for Financial Year 19. On Wednesday, the government increased the period for ITR Filing for FY2018-19 by a month till July 31, 2020. The scheduled date for the income tax return … Read more

Jaguar Land Rover Fails Trademark Case Over Defender SUV

business trademark registration

Jaguar Land Rover Fails Trademark Case Over Defender SUV in the UK court bid to get the trademark rights for the state of its iconic Defender SUV Trademark, freeing billionaire Jim Ratcliffe’s Ineos Group to go forward with the Grenadier off-road vehicle. A London court on Monday dismissed an appeal by JLR. The UK Intellectual Property Office had found … Read more

FSSAI Extends Deadline for Food License Registration

fssai

Due to the pandemic and the uncertain situation in the country, the food regulator has extended the deadline for the food license registration until December 31st this year. Gujrat Trader Federation (GTF) are representing the FSSAI extends the deadline for food license registration.  Before this, the CEO of Food Safety and Standards Authorities of India (FSSAI) … Read more

Key Benefits of MSME – CIBIL score, Loans without Collateral

MSME

Micro-Small & Medium Enterprises (MSMEs) provide largely in the socio-economic development of our country. Also, provide Key Benefits of MSME – CIBIL score Loans without Collateral. However, MSMEs comes under the Ministry of Micro, Small & Medium Enterprises and are expected to be registered to avail benefits under the Micro, Small and Medium Enterprises Development … Read more