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How to Define the Comparison Between a Trademark and Copyright?

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Introduction In todays’ age of highly competitive market place it has become imperative for everyone establish their brand in the target market. To establish your brand in the market, you must provide authenticate goods and services when you are doing your business across the country or globally. Brand awareness and brand recognition requires a lifetime of hard work, time and patience. Your brand awareness leads to loyal customer base. Thus, once you have established yourself in the market, it becomes the most important task for any brand to protect themselves from duplications and misuse. To protect your brand there are several legislative acts implemented by government in order to provide protection to the original and authentic brand. There is trademarks act, copyright acts, patents act which can protect your brand as well as your innovations, designs and any artistic creation. Now, you must know the cat in which you can get your brand protected. So here in this article we will fo

Procedure for the Conversion Of Partnership Firm into LLP

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  Introduction The basic difference between regular partnership firm and Limited Liability Partnership is the extent of liability of each partner. In regular partnership firm the liability of each partner is unlimited which means that every partner is liable for the act done by other partners. Whereas in Limited liability partnership the liability of each partner is limited up to the extent of capital contribution introduced by each partner.   The process of partnership firm registration in gujarat is somewhere difference than the registration of Limited liability partnership (LLP). One can also convert their regular partnership firm into LLP by following few steps as mentioned below. Process to convert Partnership Firm to LLP 1) Getting the DPIN (Designated partner identification number): The process to convert partnership firm requires few mandatory steps to be taken which starts from getting DPIN (Designated Partner Identification number. Those partners who are supposed to b

Stamp Duty and Taxation on Exchange of Property

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Selling and buying property anyplace across the globe comes with numerous tax requirements which must be met by both parties. If not, the transactions could be illegal. Know what you must do to accomplish in both scenarios. If a property is bought the sale is carried out through the use of cash. But, it’s not mandatory to add money to the transfer of property. Transferring property exchange for another is permitted in law. Indian legislation on properties. In the same way, exchanges can be between a residence and a commercial location or even a residential area with another residential location. There are many options to trade between residential property, commercial properties, land, or under-construction properties. Based on the difference in the value of the property, it is possible that the differences may be settled through the method of payment. But, it is essential to consider taxes on income Tax and stamp duty consequences in the transaction. If you are selling your property,

Union Budget 2022: Everything You Need To Know | Online Chartered

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  Today, Finance Minister Nirmala Sitharaman delivered the fourth Budget of the Modi 2.0 government. The Economic Survey set the tone for the Budget presentation, indicating that the government has fiscal space to do more to help the economy, which is expected to thrive at a strong 8–8.5 percent in fiscal 2022–23. The FM said, “Focus will be on planning and enhancing measures”. The Priorities Of The Union Budget 2022–2023 – The major areas that were focused in this budget of 2022 PM Gati Shakti (road, railways, airports, mass transport, waterways, logistics infrastructure) Inclusive Development and Productivity Enhancement Sunrise Opportunities Energy Transition and Climate Action Financing of investments Union Budget 2022–23 Highlights The aim for FY23 divestment is Rs 65,000 crore. The Finance Minister declares a 30% ‘crypto tax,’ but the income tax slabs remain unchanged. No changes in the income tax slabs, as well as corporate and personal income tax rates, remain the same as earli

Limited Liability Partnership (LLP) – All You Need To Know - Online Chartered

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  Introduction: The LLP is termed as Limited Liability Partnership , basically a partnership firm with limited liability on its partners. The regular partnership firm is quite different than that of the LLP. In this article we will see the difference between regular partnership firm and LLP along with some of the important features of LLP. An LLP is a format where partners comes together to form a partnership firm which has legal backing. It is Partnership firm with benefits of company. What is LLP? An LLP is the partnership firm regulated by Limited Liability Partnership Act, 2008. The concept of LLP is formed in order to limit the liability of its partners and to conduct of the partners. LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The liability of all the partners in any regular partnership firm is unlimited which means that an act of other partners is binding on all the partners.

4 Important Characteristics Of A Private Limited Company | Online Chartered

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Introduction : The private limited company is distinct entity incorporated under companies’ act 2013/1956. It is one of the most convenient ways of doing business in a legal format. Since this format of doing business is governed by particular statutory act it carries certain set of characteristics which defines the basic nature of company. Unlike a natural person, a company is an artificial judicial person which runs by its directors and owned by shareholders cum members. Directors of company are in fiduciary relationship with company. They are imposed with the responsibility to run the company in the best interest of company and its members.  The directors are not the owners of company. The members of company who possess the shares/stock of company are the real owners of company. In this article we will discuss 4 basic characteristics of company which defines the company at its best. 1) Perpetual succession: The directors or members may come and go but company shall always run

Step By Step Process Of Giving GSTR 3B

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Introductions GSTR 3B is one of the most important returns to be filed by GST registered taxpayers. This return is a declaration about the aggregate outward supplies and total Input tax credit received and availed. A taxpayer is required to report accurate figures of the outward liability and input tax credit claimed in a particular month. In this article, we will discuss the complete process of how to file or submit a GSTR-3B return. This is a completely online process. Step-1: Go to the  GST.GOV.IN.  This is the government portal where every taxpayer is required to file their GST returns. All the procedures of filing  GST returns ,  GST refunds , GST payments and every other process in respect of GST must be done on this government portal. However, a taxpayer can file their returns through GST software also. The Government has provided an API to software development companies to develop and run GST software to enable and help taxpayers to file GST returns in a much easier way. Step-2