Marginal relief is a provision of the Income Tax Act that aims to reduce the tax burden on individuals having an income within a specific range, especially those earning above Rs.50 lakhs. The application of a surcharge on income exceeding a certain threshold can sometimes lead to a significant increase in tax liability for individuals […]
Power of registered proprietor to assign and give receipts The person for the time being entered in the register as proprietor of a trade mark shall, subject to the provisions of this Act and to any rights appearing from the register to be vested in any other person, have power to assign the trade mark,
In April 2015, Sulekha.com, a prominent digital platform connecting users with local service providers, secured a Series C funding of ₹175 crore (approximately $28 million) from Singapore’s sovereign wealth fund GIC and venture capital firm Norwest Venture Partners (NVP). Sulekha Management Team Satya Prabhakar, Founder and CEO of Sulekha.com, said, “This investment by GIC and
Duration and renewal of international registration (1) The international registration of a trade mark at the International Bureau shall be for a period of ten years and may be renewed for a period of ten years from the expiry of the preceding period. (2) Subject to payment of a surcharge prescribed by the rules, a
The Trademarks Act, 1999 (“Act”) regulates the matters relating to trademarks in India. Every trademark, for it’s valid and legal use, is to be registered with the Registrar of Trademarks (“Registrar”). Cancellation of trademarks is taking it off the books of the Registrar. So when it needs to be varied or removed or cancelled, it
Effects of international registration (1) From the date of the international registration of a trade mark where India has been designated or the date of the recording in the register of the International Bureau about the extension of the protection resulting from an international registration of a trade mark to India, the protection of the
Section 24 of the Income Tax Act 1961 offers substantial tax benefits for homeowners by allowing deductions on income generated from house property. Given that purchasing a home is a significant milestone for many middle-class Indians, home loan EMIs often become a major financial commitment. Recognising this, the government has introduced provisions under Section 24
International registrations where India has been designated (1) The Registrar shall, after receipt of an advice from the International Bureau about any international registration where India has been designated, keep a record of the particulars of that international registration in the prescribed manner. (2) Where, after recording the particulars of any international registration referred to
International application originating from India (1) Where an application for the registration of a trade mark has been made under section 18 or a trade mark has been registered under section 23, the applicant or the registered proprietor may make an international application on the form prescribed by the Common Regulations for international registration of
Maintaining documents in physical form requires proper maintenance and storage. To digitise all land records in Telangana, the government of Telangana has started an online portal called “Maa Bhoomi”. Currently, the residents of Telangana can check all the online land record details from the official website Chief Commissioner of Land Administration (CCLA) and also through
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