Each year, the contribution of Indian startups and MSMEs to the Indian economy is increasing significantly. There are about 6.3 crore MSMEs in India, contributing about 29 per cent to the Indian GDP. Providing employment opportunities to many, government-registered Indian startups have created up to 6.5 lakh jobs in the country. And to help MSMEs […]
What is DIR3- KYC ? Every individual who has been allotted a Director Identification Number (DIN) as on 31st March of a financial year as per these rules shall, submit e-form DIR-3-KYC to the Central Government on or before 30th April of immediate next financial year. Since it’s a recent introduction, there has been a […]
A Section 8 Company is basically a company formed under the plan of the 2013 Companies Act with the purpose of promoting science, art, research, religion, commerce, environmental protection, charity, education, sports, or any other object, with the condition that the gains be used to advance the objective. As a result, in this article, we […]
Since this year has begun, we all have been hearing only success stories of Indian startups. Spellbound by the number of Indian startup unicorns, we tend to ignore the startups that promised and projected industry disruption but had failed to leave a mark and shut down. Had the scenario really been this good, there wouldn’t […]
What is Copyright Disclaimer Under Section 107? Copyright Disclaimer Under Section 107 states that under specific conditions, unauthorised use of material that is copyrighted is permitted when this use falls in the category of being ‘fair’. Under the Copyright Disclaimer under Section 107 of the Copyright Act 1976, there is an allowance for ‘fair use’ of copyrighted material for […]
By registering a company start-ups enjoy various benefits as it offers them an advantage over those who have not registered. The process of registering a company may be complex for some as it involves different compliances. Below we have discussed the process of company registration: Application for DSC (Digital Signature Certification) The first step in […]
Benefits of A Digital Transformation in Business 1. Enhanced Data Collection Most organizations accumulate mountains of data about their consumers, but the true benefit comes from analyzing that data to drive the company ahead. Digital transformation creates a method for acquiring the relevant data and properly integrating it for higher-level business insight. It establishes a […]
In India, most upcoming entrepreneurs opt to start a private limited company rather than any other type of company. This is because it has many advantages, such as the operations of the company can be closely held by them as well as the fact that the liability arising from the company itself is limited in […]
With the ferocious competition in the worldwide market, novel thought and ideas have to consider as an essential & significant asset for any economic activity to succeed and flourish. These novel thoughts are considered as an intangible asset under the regime of IPR. It increases the commercial cost of the business by expressing creativity. The […]
In India, most upcoming entrepreneurs opt to start a private limited company rather than any other type of company. This is because it has many advantages, such as the operations of the company can be closely held by them as well as the fact that the liability arising from the company itself is limited in […]