Non-Banking Financial Companies (NBFC)

A Non–Banking Financial Corporation is a company incorporated under the Companies Act 2013 or 1956. According to section 45-I (c) of the RBI Act, a Non–Banking Company carrying on the business of a financial institution will be an NBFC. It further states that the NBFC must be engaged in the business of Loans and Advances, […]

Gujarat Property Registration

Gujarat property registration procedure is governed by the Registration (Gujarat Amendment) Act, 1908. Any transactions that involve an immovable property should be registered to ensure clear transfer of title to the property owner. Once the property registration procedures has been completed, it becomes a permanent public record. Immovable property registration process involves the preparation of deeds, paying

Small Industries Development Bank of India

The Small Industries Development Bank of India/ SIDBI was formed under the Department of Financial Services in the Ministry of Commerce.SIDBI primarily focusses on the development of the MSME Sector along with the promotion of energy efficiency and cleaner production.The bank plays a vital role in helping micro, small and medium enterprises acquire necessary funds

Consumer Protection Laws in India

The Consumer Protection Act, implemented in 1986, gives easy and fast compensation to consumer grievances. It safeguards and encourages consumers to speak against insufficiency and flaws in goods and services. If traders and manufacturers practice any illegal trade, this act protects their rights as a consumer. The primary motivation of this forum is to bestow

Punjab e-District Sewa Portal

E-Sewa Punjab is a unified online platform by the Punjab Government to provide citizen services to residents of the state. Developed by an in-house team of 40 software developers and technical experts, this portal has processed over three crore applications by more than 6,000 citizens.  TeSewa Punjab Portal aims to provide government services faceless and

What is Form 16

Form 16 is a certificate that denotes the fine breakup of salary income and the Tax Deducted at Source amount deducted by the employer. It is associated with Income tax and is used by companies to provide their salaried individuals’ information on the tax deducted. In simple words, Form 16 means a document provided by

AMENDMENTS TO THE INDIAN PATENTS AND DESIGNS ACT, 1911

1. Long title—Omit “Inventions and”.2.Preamble—Omit “inventions and”.3. Section 1—In sub-section (1) omit “Indian Patents and”.4.Section 2—(a) omit clause (1);(b) in clause (2) omit “(as respects designs)”;(c) for clause (3), substitute—(3) “controller” means the Controller General of Patents, Designs and Trade Marksappointed under sub-section (1) of section 4 of the Trade and Merchandise MarksAct, 1958 (43

Section 163 – THE PATENTS ACT, 1970

Amendment of Act 43 of 1958 [Omitted by the Patents (Amendment) Act, 2005 Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance |

Section 162 – THE PATENTS ACT, 1970

Repeal of Act 2 of 1911 in so far as it relates to patents and savings (1) The IndianPatents and Designs Act, 1911, in so far as it relates to patents, is hereby repealed, that isto say, the said Act shall be amended in the manner specified in the Schedule.(2) and (3) [Omitted by the

Section 161 – THE PATENTS ACT, 1970

Special provisions with respect to certain applications deemed to have been refused under Act 2 of 1911 — [Omitted by the Patents (Amendment) Act, 2002] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI