The Prevention of Money Laundering Act, 2002 (PMLA) was enacted to combat the criminal act of legitimizing income derived from illegal sources. It empowers the government or relevant authorities to seize property acquired through proceeds obtained from unlawful activities, commonly known as money laundering....
A trademark, encompassing words, phrases, symbols, or designs, serves as a distinctive identifier of the origin of goods or services provided by one entity, distinguishing them from others....
Competition, a fundamental aspect of market dynamics, involves individual sellers vying for buyer patronage to attain profitability or market share....
The CBIC has recently made amendments to its Notification No. 11/2018-Customs, dated February 02, 2018, through Notification No. 20/2024-Customs dated March 15, 2024....
The Indian government has given its nod to a strategic initiative aimed at positioning India as a premier manufacturing hub for electric vehicles (EVs), leveraging cutting-edge technology within the nation's borders....
The government is considering revisions to the MSME Development Act, 2006, to ensure timely payments to micro, small, and medium enterprises (MSMEs)....
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Starting from the fiscal year 2025, the government will introduce a regulation mandating that payments to micro, small, and medium enterprises (MSMEs) must be settled within a 45-day period. Failure to comply will result in companies facing taxation on the outstanding amount, as revealed by...
Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) plays a pivotal role in curbing fraudulent activities within lending transactions involving equitable mortgages....
The Small Industries Development Bank of India (SIDBI), a subsidiary of the Industrial Development Bank of India (IDBI), plays a pivotal role in fostering the growth of Micro, Small, and Medium Enterprises (MSMEs) since its establishment under a special Act of Parliament in 1988, which...
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