SETTING UP A JOINT VENTURE IN INDIA India is witnessing a revolution both in the context of liberalization and globalization of the Indian economy and transacting business through Joint ventures set up with foreign partners across various industry sectors. This article sets forth some important steps for forming a Joint Venture Company in India. 1.…
SPAM- NEED FOR AN EFFECTIVE LEGISLATION The term spam was first used in the early 1990s to describe e-mail messages, not related to the topic of discussion and postings that swamped newsgroups. Spam is frequently described as e-mail that is sent in bulk; flooding the Internet with copies of the same message and forcing these…
SPECIAL ECONOMIC ZONES ‘AN INDIAN PERSPECTIVE INTRODUCTION as “SEZ”) is a geographical region that has economic laws that are more liberal than a country’s typical economic laws. An SEZ is a trade capacity development tool, with the goal to promote rapid economic growth by using tax and business incentives to attract foreign investment and technology.…
TAXATION SYSTEM IN INDIA India has a well-developed tax structure with clearly demarcated authority between Central and State Governments and local bodies. Central Government levies taxes on income (except tax on agricultural income, which the State Governments can levy), customs duties, central excise and service tax. Value Added Tax (VAT), (Sales tax in States where…
Technology transfer Agreements in India Technology Exponential Growth of Technology in India has played a significant role in all round development and growth of economy in our country . Technology can either be developed through own research and development or it can be purchased through indigenous or imported sources. India has opted for a judicious…
TRADEMARK REGISTRATION IN INDIA TRADE MARK PROTECTION: The Trademarks Act, 1999 provides protection to the owner of a trademark and imposes criminal liabilities for the infringement of the trademark owner’s rights. To enjoy protection, the owner of a trademark must apply for registration with the Trademark Registrar of the Registry of Trademarks, India. The Trademarks…
WINE IMPORT INDIA-Multiple aspects of Indian Wine Industry Introduction Wine industry is in a nascent stage in India. Estimates suggest an enormous growth potential of this sector. Both the indigenous wine making industry and the wine market of India require equal attention for proper growth and expansion. We have definitely reached an “inflection point” for…