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Showing posts from February, 2022

All about Mudra loan for MSME business

Investors from all over the world are flocking towards India and the country has grown into an international hub for startups. Micro, small and medium enterprises (MSMEs) have been a key factor in the expansion of the Indian economy. Over 40 percent of India's GDP comes through the MSME sector and is a significant source of jobs. In India, small and medium-sized businesses (SMEs) constitute the primary driving factor behind the country's economic expansion. They have a significant impact on the progress of the country as they always innovate. In this article, you'll be able to know All about Mudra loan for MSME business. What exactly is Mudra Loan? Financial institutions and banks that are not banks are part of The Micro Units Development and Refinance Agency (MUDRA) Loan Scheme which is also known as Pradhan Mantri Mudra Yojana or Mudra Loan under PMMY. eMudra Loan is another common name for this program. Shishu, Kishor, and Tarun are the three options of financing for Mud...

How to register abandoned trademark in India

  Trademark Registration plays an essential function in the business of everyone. Trademark registration in India can be beneficial as a source of income or as a method to safeguard your brand. However, trademarks require renewal for at least 10 years. Failure to renew your trademark registration online could result in the trademark being abandoned or dying. In this instance, to get back the benefits of trademarks, you must sign up for an abandoned trademark in India. The absence of the trademark that has been abandoned may be a major hazard to the company and also your competition could misuse your image and harm your company. It is therefore essential to file a trademark that has been abandoned in India. This can save you precious dollars and also time. In the article below you will learn about the exact process for registering trademarks that have been abandoned in India. What is a Trademark? A trademark is basically something that allows your customers to differentiate you fro...

CHIMS registration in India

  A significant update Important update Importers of India. The DGFT (Directorate-General for International Trade) has announced a new, mandatory CHIMS registration . This registration applies to all importers in India importing various electrical products such as Integrated Circuits processors, etc. The government is planning to improve the structure of its internal organization and manufacturing operations of the electrical sector by the implementation of the CHIMS registration. Therefore, the CHIMS Registration has become an essential registration requirement for exporters. In this article, we'll learn more regarding the CHIMS Registration in India. What's CHIMS Registration? CHIMS(Chip Import Monitoring System) Registration is a brand new import policy that requires the registration of importers. With this registration, rules based on 'free' criteria will be changed to 'free subject to registration. The Import Policy terms for ITC (HS) 85423100 8,5423900 and 854...