Honourable Prime Minister of India had launched the Handloom Mark Scheme on 28.06.2006. The basic objective of the Scheme is to brand our handloom products and secure a premium position for them in Domestic as well as International market. The Scheme is promoted by the Development Commissioner (Handlooms), the Government of India, and the Textiles […]

Electronic Clearing Service or ECS is a method of transferring funds electronically and is generally used for bulk transfers. This method is used for funds which are both repetitive and periodic in nature. This method of fund transfer is usually used by large organisations or institutions for bulky transfers like salaries, fees, pensions, interests, dividends,

To engage in business transactions across different states, a certificate, commonly known as the “C form,” becomes a crucial element. This certificate is issued by the seller of goods to the buyer, serving the purpose of reducing the applicable tax rate. In instances of interstate sales, the utilisation of the “C” form is indispensable. Any

(1) No person, other than those authorised to do so by license or by virtue of exemption under this Act orauthorised to or exempted by any other authority under the Electricity (Supply) Act, 1948 (Central ActNo. 54 of 1948), shall engage in the State in the business of,-Transmitting electricity; orDistributing and supplying electricity.(2) Where any

Indian Electricity Rules, 1956 was made under Section 37 of the Indian Electricity Act, 1910. It has been redefined after the enactment of Electricity Act, 2003. The provisions cover safety aspects, licensing provisions, appointment of inspectors etc. Indian Electricity Rules, 1956 get repealed with the notification of Regulation and Measures relating to Safety and Electric

The Certificate of Origin (COO) issued by the Directorate General of Foreign Trade (DGFT) is a crucial document for exporters. It confirms to the origin of goods and is often required by importing countries to determine eligibility for preferential tariffs and trade agreements. The certificate of origin (COO DGFT) has details regarding the product, its

IMPS is an instant money transfer service facilitated by NPCI (National Payment Corporation of India). The full form of IMPS is Immediate Payment Service which allows people to send and receive funds from savings accounts in real-time. The service facilitates inter-bank transactions through mobile banking and internet banking. The major reason behind using IMPS is that it

Kolkata Municipal Corporation (KMC) has launched a new graded property tax waiver scheme, where interest dues will be waived based on the default duration. In another initiative, KMC has announced an additional one percent rebate on property tax if the dues are paid online. Continue reading to know how to pay property tax dues online

Like safety, maritime security is of paramount importance to the operation of a vessel. The International Ship and Port Facility Security (ISPS) Code came into force on July 1, 2004 and is applicable to all vessels over 500 grt operating on international trades, as well as the ports that service them. The ISPS Code is

The Hydrocarbon Exploration and Licensing Policy or HELP, approved by the cabinet in March 2016 is aimed at increasing the transparency and decreasing the administrative discretion in granting hydrocarbon licenses. The license will permit contractors to explore conventional and unconventional oil and gas resources that comprise shale gas/oil, CBM, gas hydrates and tight gas under