LLP annual filing-all you need to know

An LLP is a form of separate legal business entity that gives the benefits of limited liability but allows its members the flexibility of organizing their internal structure as a traditional partnership. It is governed by the Limited Liability Partnership Act, 2008. In LLP, unlike a company, the designated partner have a direct relationship between…

7 reasons why you need a Trademark registration

What is a Trademark and why you need it? Generally, a Trademark refers to a “Brand” or “logo” But, Securing a Trademark not only protects your brand but also provides you with the tools to prevent someone using similar signs. A Trademark registration rides off the back of your business with many benefits as Unique…

Resolution of stuck TRAN-1s and filing of GSTR-3B

With respect to TRAN -1 it is clarified that facility for filing shall be open only for those tax payers who could not file the form due to IT issues. Such tax payers shall complete the filing of TRAN – 1 by 30.04.2018. GSTR – 3B (which could also not be filed due to technical…

Top 30 highlights of Companies Amendment Act,2017

The Companies Amendment Act 2017, was first introduced in 2016 and was then referred to the Standing Committee for its examination. Committee after its examination and after receiving suggestions and views from professional Bodies etc. adopted its report on 30th November, 2016. The Companies Amendment Bill, 2017 was then passed by Lok Sabha and Rajya…

Search all trademark classes here

A TradeMark is typically a name, word, phrase, symbol, logo, design , image or a combination of all these elements which is used by an individual, Business organization, or legal entities to distinguish their products or services from others. Trademark is generally used through following symbols:                 This symbol can be used after…

MCA notifies – Condonation of Delay Scheme 2018

MCA notifies – Condonation of Delay Scheme 2018. Here’s a relevant pronouncement from MCA. Format of FORM-e-CODS 2018- Application for Condonation of Delay Scheme, 2018 (CODS, 2018) MCA extends condonation of delay scheme 2018 to 30/04/2018 – Learn more here

Micro, Small & Medium Enterprises explained in easy language

In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes: Manufacturing Enterprises-The enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation) Act, 1951)…

Benefits of SSI or MSME registration

Indian government has provided many benefits for small scale units or medium small and micro enterprises (MSME). In order to be eligible to get these benefits, any entity should register itself as MSME/SSI enterprise under MSMED Act. Following is a list of such advantages of obtaining SSI/MSME registration in India. 1.      Collateral Free loans from…