What is retail lending? Retail lending is the practice of lending money to individuals rather than organizations. Retail lending is done by banks, credit unions, and savings and loan associations. These institutions make loans for automobile purchases, home purchases, medical care, home repair, vacations, and other consumer uses. A lender is an individual, a community group, a private group or a financial institute […]
Earlier the NBFC lending or obtaining assistance for any business person was a cumbersome procedure because of the reasons like: High sky interest rates; Number of requirements of collateral securities while providing credit; Time-consuming process; all these things made the procedure of obtaining loan very complex. With the entry of NBFC in the Microfinance industry […]
The development of IoT and of digitization, connecting everything, securely and seamlessly, has become a true art. What is digitalization of a Business? Digitization is embraced by companies, communities, cities, organizations large and small. With numerous benefits to businesses, it has also set of risks across a range of industries. Challenges that can become show-stoppers […]
In the next Good and service tax Council meeting, the Group of ministers are planning to review exemptions and an inverted duty structure. The interim report had made a few suggestions for removal, including hospital rooms with rent of more than Rs 5000 per day, services that are provided by regulators such as SEBI, RBI, […]
The Central Board of Direct taxes has asked the taxpayers to pay their first instalments of advance tax before June 15. The board also stated that the failure to pay the tax within the stipulated time would result in the accumulation of interest over that amount. Download Now The taxpayers’ category that comprises advance taxpayers […]
In a recent judgement, the High Court ruled that if any company is found using the trademark registered words of someone else as keywords to promote their business, then it will be held liable for the violation of the trademark Download Now A company named Gaming Company Head Digital Works Pvt. Ltd (GCHDW) filed a […]
International Trademark Registrations are regulated by WIPO (World Intellectual Property Organisation). It’s an organisation established by the United Nations in 1967 with the aim of protecting Intellectual Property throughout the globe. International Trademark Registration and management are governed by WIPO treaties as well as other regional laws & countries. Madrid – The International Trademark System […]
“Trademark Class 45” signifies a Class of Trademark Classes that majorly includes all the services of nature, such as services provided by advocates, legal assistants, by individuals in social events, physical safety, security of tangible assets, etc. However, the services concerning professional services, financial and monetary affairs, insurance services, escorting of travelers, the security transport […]
The term FSSAI stands for Food Safety and Standard Authority of India which performs the function of supervising and governing the business of food in India. Whereas, the term FCI stands for Food Corporation of India. It plays a major role in ensuring the availability of the food stock adequately. Both FSSAI and FCI govern […]
The FSSAI registration aka food license is the first and foremost requirement if you’re into any form of the food business. However, apart from mandatory FSSAI registration, the FBOs have to fulfil another regular compliance known as FSSAI renewal. The FSSAI license has to be immediately renewed upon expiry of its validity. FSSAI is an […]
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