The term Property indicates a capital asset that includes flats, buildings, and surprisingly a plot of land. Further, the principle reason for the financial investors to invest into property is to create again by selling something very similar at a higher rate. Further, an immovable property draws in real estate returns, accordingly, exchanges including purchase…
The abbreviation for Registration cum Membership Certificate is RCMC. This certificate is issued to the company as a licence to conduct exports and obtain some form of concession under the current foreign trade policy. The Federation of Indian Export Organizations issues the RCMC certificate (FIEO). The certificate is also issued by the Export Promotion Council…
TransUnion CIBILTM, Equifax, Experian, and CRIF High Mark are the four credit information bureaus in India. The Reserve Bank of India’s Department of Banking Operations and Development has direct oversight of these credit information bureaus. According to the provisions of the 2005 Credit Information Companies (Regulations) Act (CICRA), all banks, financial institutions, and non-bank financial…
The Companies Act, 2013 has revolutionized the rules of business in our country by introducing several new concepts that were previously unavailable. One such change was the introduction of the One-Person Company concept. This has led to the recognition of a completely new way of starting businesses that allows for flexibility while providing limited liability…
The Central Board of Direct Taxes (CBDT) has dispatched the new income tax e-filing portal on 7th June 2021. The new gateway ‘www.incometax.gov.in’ has supplanted the current e-filing entry ‘www.incometaxindiaefiling.gov.in’. The citizens will presently need to document their income tax returns (ITRs) and do any remaining tax related assignments through the new gateway. The portal…
Introduction The essential object of any tax regulation is to gather assets to support different financial undertakings and government assistance measures. But a modest bunch of nations that are prosperous, pay from the tax levitation has been the significant asset base for the legislatures to accomplish financial turn of events. At the miniature level, a…
The right issue is an invitation to existing shareholders to purchase additional company shares in proportion to their existing company shares by sending a letter of offer. This article highlights the right issue under the Companies Act, 2013. Table of Contents- Concept of the Right Issue under the Companies Act 2013 Conditions for Right Issue…
Charitable institutions registered under section 12AA of the Act may seek exemption under section 11 of the Act once conditions have been met. Section 11 is a general provision and applies to all institutions which are charitable while Section 10 (23C) is a specific exemption provision relevant to certain public and private educational institutions. This…
We are the world’s fastest-growing economy. India ranks the seventh number in the world for its economy. The most important factor that ensures the economic growth of a nation is trade that comprises imports and export. Hence, a nation to have a good economy should maintain its trade performance at domestic and international markets. After…
Trademark is an important aspect of Intellectual Property Right (IPR). A trademark may be defined as any sign that individualizes the goods of a given enterprise and distinguishes them from the goods of competitors. Marketing of a particular good or service becomes easier through trademarks. Table of contents Introduction Definition of Trademark Object of trademark…