TDS on Property Purchase

TDS on Property Purchase

TDS or tax deducted at source refers to the process of collecting income tax at source by the government of India. It is a kind of spot deduction of tax from the original source of income. TDS is deducted as per the Indian Income Tax Act, 1961. TDS is controlled by the Central Board for […]

Karuvoolam IFHRMS

Karuvoolam IFHRMS

The Tamil Nadu State Government at the state level has initiated the digitalization of its human resource management structure and simplification of financial activities by launching an online payment website, known as the Integrated Financial and Human Resources Management System (IFHRMS) or Karuvoolam IFHRMS. This decision marks a significant milestone for the Tamil Nadu State

GST on Horse Racing

GST on Horse Racing

Horse racing falls under the ambit of betting and gambling, which attracts a higher rate of GST. The taxation of horse racing involves multiple aspects, including entry fees, betting amounts, and commission earned by bookmakers or totalizators. Value of supply in case of Betting, Horse racing etc Before understanding the applicable GST rates on betting, horse racing

NIDHI-PRAYAS

NIDHI PRAYAS

NIDHI PRAYAS (National Initiative for Developing and Harnessing Innovations – PRomoting and Accelerating Young and ASpiring Innovators & Startups) is a government-backed program under the Department of Science and Technology (DST), Government of India. It is implemented by the National Science & Technology Entrepreneurship Development Board (NSTEDB).NIDHI- PRAYAS Program aims at providing prototype funding to convert

Company registration for Online Sellers in India

Company registration for Online Sellers in India

India’s E-commerce landscape has rapidly expanded due to increased internet access, revolutionizing business practices and altering the global market. E-commerce in India involves online sales and services, offering benefits like lower costs and more choices to consumers. This sector relies on digital technologies for quick transactions, including the Internet and mobile  What is an E-commerce

IFSC Code

IFSC Code

The Indian Financial System Code (IFSC), is a unique 11-digit alphanumeric code that is used for online fund transfer transactions done via NEFT, RTGS and IMPS. The IFSC code can be found on the cheque leaf provided by the bank. The Reserve Bank of India (RBI) assigns the IFSC codes to the bank. Apart from the cheque leaf, you can also find the IFSC code on the official

Mumbai Property Tax

Mumbai Property Tax

The main civic authority in charge of overseeing numerous public services in the Indian city of Mumbai is the Municipal Corporation of Greater Mumbai (MCGM), better known as the Brihanmumbai Municipal Corporation (BMC). The assessment and collection of property taxes from properties under its authority is one of its main responsibilities. Property owners are required

Section 10 – Trade Marks Act, 1999

Limitation as to colour (1) A trade mark may be limited wholly or in part to any combination of colours and any such limitation shall be taken into consideration by the [Registrar or the High Court, as the case may be,] having to decide on the distinctive character of the trade mark. (2) So far as a

Section 9 – Trade Marks Act, 1999

Absolute grounds for refusal of registration (1) The trade marks— (a)   which are devoid of any distinctive character, that is to say, not capable of distinguishing the goods or services of one person from those of another person; (b)   which consist exclusively of marks or indications which may serve in trade to designate

Section 8 – Trade Marks Act, 1999

Publication of alphabetical index (1) The Registrar may publish in the prescribed manner an alphabetical index of classification of goods and services referred to in section 7. (2) Where any goods or services are not specified in the alphabetical index of goods and services published under sub-section (1), the classification of goods or services shall