#finlegal

[that-dinopunk-guy]

According to The Alien Life of Wayne Barlowe this was originally painted for the short story Come Live With Me, though I can't find an author or a publication date. This uncropped version has a date which looks to me like '83, but it's pretty small and compressed so don't quote me on that:

This scene also has a very Expedition vibe to it, and I've always wondered if this painting didn't also serve as a sort of "prototype" for Darwin IV. That critter in the lower right especially is similar enough to the finlegs from Expedition that I could easily see it belonging to the same genus:

Art by Wayne D Barlowe ‘Alien Flora’ from In The Stream of the Stars: The Soviet-American Space Art Book (1990)

[lawyer2ca]

@sushmitasen47’s #MeToo compensation is not taxable - Mumbai bench of the #Income #Tax Appellate Tribunal (#ITAT) passed an order in favour of #SushmitaSen. A sum of INR 95 lakh was received by the actress under a settlement following charges of sexual harassment against an employee of Coca-Cola. Such compensation has been treated as a #Capital #Receipt which is non-taxable - @lawyer2ca - #Lawyer2CA #FinTech #RegTech #FinLegal #Startup #India #startups #work #entrepreneurship #entrepreneurs #compliance #mumbai #delhi #entrepreneurlife #strategic #digitalindia #makeinindia #startupindia https://www.instagram.com/p/BqWW-7fnNKB/?utm_source=ig_tumblr_share&igshid=wxb4ghqadu4g

[dakoosuperapp]

India is seeking to lure US businesses, including medical device giant Abbott Laboratories, to relocate from China, as President Donald Trump’s administration steps up efforts to blame China for its role in the coronavirus pandemic - BAGAI LEGAL™ - The Indian government in April reached out to more than 1,000 companies in the US and through overseas missions to offer incentives for manufacturers seeking to move out of China. India is prioritizing medical equipment suppliers, food processing units, textiles, leather & auto part makers. - India’s trade ministry has sought detailed feedback from US companies on changes needed to make the country’s tax and labor laws more favorable to companies. Push by the Modi government comes as India tries to regain lost ground after many companies chose countries like Vietnam over India as an alternative destination. #India #China #trump #america #corporates #medical #lockdown #quarantine #coronavirus #covid19 #Vietnam #business #industry #BagaiLegal #finlegal #fdi #investment #compliance #indiaentry #setup #labourlaw #law #legal #tax #taxation #risk #hedge #makeinindia #blockchain #industryinbihar (at Bihar) https://www.instagram.com/p/CAaChr0J-u2/?igshid=diaed6s6e23a

[bobsp467]

Difference between LLP, Private Company and OPC

The very first step in starting a business is to select the right business structure. This selection is based on various criteria including business plan, number of partners, conditions for investment, international investment, area of activity, risk-taking ability etc. While there are many businesses structure people many a times get confused about the type of structure they should opt.

Are you looking to start a new business but have concern about which business structure to choose from? This article can help ease your decision.

Private limited, OPC and Limited Liability Partnership are separate corporate entities regulated by different statutes, namely the Companies Act and the Limited Liability Partnership Act. The One Person Company idea allows single and enthusiastic businessmen to run their own company. Limited Liability Company also requires two persons to be incorporated. Whereas Private Limited legal form is most commonly used to incorporate a company. This is preferred, since this arrangement leaves members’ liability limited to their share of the shares.

Meaning of LLP, Private Company and OPC

A Limited Liability Partnership is the type of the company where minimum two members are required and the maximum number of members is not limited. The members of an LLP have no liability.

A Private Limited Company is a limited group of people owned Business Company. It is registered for pre-defined objects and held by a group of shareholders called. Startups and companies with a higher growth goal popularly select Private Company as the correct business structure.

One Person Company means a Company that only has one employee. An OPC is also a corporation with only one shareholder as a member of it.

Here is the OPC, Private Limited Company and Limited Liability Partnership (LLP) distinction on criteria such as Business Preparation, Business Structure Advantages, Business Management, Taxes, Accounting, Audit, Documents and Legal Compliances.

Comparison table :

Other than the comparison there are also few similarities that come between OPC, LLP and Private limited company:

· Startup India: LLP, Private limited and OPC can be registered for startup India.

· Maintenance of basic statutory records is mandatory for all three.

· Separate legal entity: LLP, OPC and Private limited all three are separate legal entities.

Conclusion

The option is very easy if you are looking for private limited (Pvt Ltd) structure to get your business financed-go. Investors and venture capitalists, on the whole, tend to finance private limited companies. The other two forms of corporation-Limited Liability Partnership ( LLP) and One Person Company (OPC)-operate better for those trying to run their business without external capital and want full control of all the business operations. Finleg helps you in incorporation of a Company, OCP or LLP in a simple and hassle-free way with the aid of our groundbreaking technology. We provide you a platform combined with automated process flow allow you to integrate your company faster. Finleg help you to understand and guide you better while assisting with incorporation at the best possible rates.

Finleg

Llp

Private Company

Company Registration

Opc Registration

[finleg123]

Everything one should know about Professional Tax

Do you ever study the deduction breakup whenever you obtain your salary? You may get across the professional tax at the head. Don't get it confused with income tax, professional tax is something entirely different.

However not all Indian States impose Professional tax, those who does include it are Andhra Pradesh, Assam, Bihar, Gujarat, Karnataka, Kerala, Madhya Pradesh, Meghalaya, Orissa, Sikkim, Tamil Nadu, Telangana, Tripura, West Bengal, Maharashtra, Jharkhand, Manipur, Mizoram and Chhattisgarh.

In this article, we will tell you the complete understanding of Professional Tax and its Compliances.

So, what is Professional Tax?

Unlike the word says, professional tax is not just a tax levied on professionals. This tax is levied on any person earning a living through work, employment trade or calling. Professional Tax is a state tax that a state government imposes on account of the infrastructure it provides to you so that you can carry out your profession in that State.

As provided for in Clause (2), Article 276 of the Indian Constitution, State Governments are granted the right to levy and collect the professional tax. Most Indian states have also opted to not exercise this right. This tax is levied in all other States where appropriate, based on professional tax slab rates as implemented by the respective states. Neither state will, however, charge professional tax on any taxpayer over 2,500. Professional tax payment is permitted as a taxable income deduction under the Income-Tax Act, 1961.

To salaried employees, the employer deducts professional tax and is charged to the State Government's concerned department. To pay the professional tax self-employed people need to receive a ' Certificate of Enrolment ' from the State authority in question.

Professional Tax slabs

Like any other tax Professional Tax also has slabs, and all of an organization's paid employees and qualified professionals fall within its various categories.

Professional tax slabs are based on predetermined slabs and on the salary or monthly level of income. It is usually around Rs.200 a month with Rs. 2500 being the maximum payable in one year. The employer who is responsible for depositing it with the relevant government office deducted this balance from the employee's salary.

Professional Tax is not only for those who get a salary, any individual who is not working in an organization but still earn, is responsible for paying Professional Tax.

Professional Tax Compliance

Any professional who has monthly income above a certain level has to professional tax. Since the rates of professional tax depend on states to states, it is mandatory to be aware of the rates in your particular state.  Usually, a penalty is imposed on a taxpayer if they fail to register for professional tax. There are also penal provisions for non-payment of professional tax and for failure to file the return within the due date.

[palakg12]

SJAIN, a patron to investment.

When the challenge is to establish a business, to advertise or to maintain it, Sjain believes in considering every obstacle by holding it head-on and offering solutions for customers to aid their business. The company that carries almost a decade long expertise in digital and innovation and serves a single-window solution for diversified industries.

For solving the biggest challenge, it requires participation and implementation of innovative solutions and that’s how Sjain invested & collaborated with Finleg.

Finleg brings the motive of starting and managing a business in India that ought to be simple. To achieve this central goal, Finleg is the biggest business administration stage in the world, from Business Registration to Compliance Management and from Taxation to IPR, everything is been taken care of at a single platform.

WHY SJAIN INVESTED IN FINLEG?

Sjain has invested in Finleg platform, as the FinTech ecosystem is evolving dramatically every day, and Sjain believe that this platform will play a key role in its growth and development of the business.

As we know the modern economy is built on technology, so it's natural to assume that the future will be defined by automation. So investing in a company bring its own aspect and reasons, justifying few of them below to provide more visibility.

·         Market need: Current process is time-consuming, no transparency, and have to keep a regular check on the progress, less human intervention leads to no errors.

·         Reach Financial Goals: Investing can help in reaching big financial goals for the company.

·         Growth and development of the business and also to support entrepreneurs and contribute to the creations can build them into successful entities in business achievement and expansion.

·         Regulatory Compliance is increasing lately since management has become more prominent in a variety of organizations. The strategies help to provide guidance for an organization to make them attain the business goals.

·         Leading Ideas and Advice: Sharing expertise, advice, and suggestions as an investor supports the business to grow and gain profitable returns by providing a wealth of knowledge and experience. Focus on building the biggest business administration in the world from Business

·         Registration to Compliance Management and from Taxation to IPR it takes care of all these necessities.

·         Worldwide transparency: It checks at what stage the file is been processed as well as the next stage. Less information means less certainty for investors. When financial statements are not transparent, investors can never be sure about a company's real fundamentals and true risk.

·         Finleg Pushing with the government initiatives pertaining to alternate technologies

·         Catering the market and bring visibility in this process.

Let’s hear from the founder

The founder and promoter of Sjain, Shreyansh Jain believes in delivering reliable and quality services to all customers. He leads the company with his profound vision and commendable people skills. His idea is to set new benchmarks in standards of corporate performance and governance through the pursuit of operational and financial excellence, responsible citizenship and profitable growth. Sjain as an investor seeks disclosure and simplicity making the organization more confident about its fundamentals and resources. 

We believe in giving you the wholesome to grow your business, Plain and Simple.

[bobspstuff-blog]

Attention Taxpayers!!

The last date for the filling Income Tax Returns & Audit is on 30th Sep 2019.

[sjainventuresltd]

Sjain Ventures is set to launch Finleg, a service that will assist businesses with financial and legal challenges

Finleg, one of Sjain Ventures' wings, is set to launch in 2022 with its offices in Raipur and Pune to serve as the company's first locations. Finleg offers income tax return (ITR) e-filing and GST compliance services. The company's GST compliance billing and GST returns offline services are currently used by over 150 major businesses in Chhattisgarh. Additionally, it has been serving offline for a year and now decided to officially launch its online portal, where its customers can avail all of the services online to make the process seamless. The company is on a quest to transform India into a global powerhouse for entrepreneurship. The online legal and financial services platform has helped small firms and startups with legality and documentation, trademark registrations, and compliance difficulties since its offline debut. 

It is a one-stop solution for all legal services & financial for businesses. Company registration, trademark registration, legal documentation, all at a single window and at a cost-effective price. The company offers professional solutions to businesses, individuals, and organizations. With the steadily growing services starting from Business Registration, Compliances, Tax filings, Documentation, and Funding to many more, it will provide a completely digitized platform and make work paper-free. The company utilizes cutting edge technology to deliver the highest quality of financial, accounting, and legal services through us. The unique selling proposition of the company is that all services are offered 100% online and with a quick turnaround time. Furthermore, all consultation fees for all services are waived. 

Divya Jain, Founder, said, "Under one roof, the company assists entrepreneurs and growing businesses with everything they need to start (company registration), protect (IPR services), manage (legal & ROC filings), and grow (ISO, finance legal support). Finleg has started its journey with the straightforward thought that 'starting and managing the business has ought to be simple'. To achieve our central goal we are building the biggest business bringing finance & legal automation in the world, with a scope of business operations from Business Registration to Compliance Management and from Taxation to IPR, we take care of these fundamentals." 

Client Acquisition 

Finleg with an office in Raipur & Pune will handle a large chunk of business owners who are open to getting professional support online. Face-to-face interactions with lawyers, chartered accountants, and company secretaries are still relied upon by the majority of new enterprises. But the Finleg team believes that the convenience, cost-effectiveness, and transparency of their services make it only a matter of time before this mindset changes. 

Divya Jain, further added, "After the launch, the company's strategy was obviously like any other startup to acquire more customers through developing its websites and creating a strong presence on all Social Media forums. 

Since Finleg is launching its operations online, the company anticipates receiving 200-300 visits every day. The firm, on the other hand, aims to attract more than 10 new clients every day, and this figure will continue to climb as the year progresses. We hope to assist the registration of nearly to 1000 new firms by 2025." 

The firm's primary growth hack has always been focused on rendering good customer service. Additionally, it aims to garner most of its clients through its gateway services. Customers who come in for Company Registration often also come in for other mandatory registrations such as Compliance, business licenses, tax registrations, and so on. 

Vision and achievements 

Finleg's mission is to alleviate the stress of dealing with a painfully complex legal and tax system. The firm expects to succeed after introducing an online portal because it has previously been able to retain a significant number of consumers through offline services, allowing them to achieve 100% year-over-year growth. 

As it progresses, the company intends to achieve every milestone it has set for itself. 

Forthcoming 

Finleg provides services with reliable professionals who guide customers and provide high-tech advisors. The organisation makes it easier for the client to track the process and keep them updated by digitising the work. The team believes the unique nature of Indian clients is that they are very particular about quality while being fastidious about the cost factor too, however, once consumers obtain timely and efficient services at a reasonable price, they tend to be highly loyal. That is the path the company intends to take in order to achieve its goals, and they believe the sky is the limit. 

It has established itself as a trusted, well-reviewed, and well-regarded company offering all of these services and much more and look forward to the future goals and aim to enhance the services through Automated GST filing / ITR / ESIC / EPF, Aggregators for CA/CS/Lawyers, Judgements/Order/Relevant cases, Blockchain Credit rating / NGO / CSR / NBFCs, Natural Language Generation, Deep Learning & OCR, Artificial Intelligence and Machine Learning based processes, for better evaluation and outcome. 

[shreyanshjain123]

[cityscapesandnightskies]

"Something

under the ocean

is coming up to the shore,

Under the old sun"

Finlegs by Hannah+Gabi | 06/24/2020

[canon-notcanon-warriorcats]

i wish finleap was named finleg

[lawyer2ca]

Not filed ITR yet? Face penalty or even jail term - @lawyer2ca® #Lawyer2CA #India #Finance #incometaxreturn #incomeTax #Entrepreneur #Law #Lawyer #FinLegal https://mybs.in/2au3rhQ (at Neeti Bagh) https://www.instagram.com/p/CbcK4WivZCa/?utm_medium=tumblr

[shamelessbouquetfoxfan]

Legal Debt Recovery Solutions - Finacus

We represent a number of firms and individuals in their efforts to collect and recover debts in India. We've designed our services to meet the demands of everyone. For more information visit our website.

https://www.finacus.co.in/finlegal/

[bobsp467]

What in India can’t be a Trademark ?

As we are gradually recognizing the economic importance of the trademark in the modern world, making it an integral right to intellectual property. Trademark can now be licensed electronically in India, with trademark search processes now automated electronically. In this post we illustrate precisely what can’t be registered as a trademark in India. This will help companies prepare their registration of a trademark in India while also helping to prevent rejections at a later point.

Trademark essentials in India

In India, the 1999 Trademarks Act regulates the awarding of trademarks. Since India is part of the trade-related dimensions of intellectual property rights agreement also known as the TRIPs Agreement, laws comply with the TRIPs’ compulsory global provisions.

The following conditions for a trademark may be drawn on the basis of the act-

1. That has to be a mark

Although the concept of a mark is not exhaustive, it requires a number of components. A brand, it’s going, a name, a signature which can distinguish are all “marks.” Therefore, pictorial representations are often known to have markings, anything that has stitching on objects, colors.

2. The image must be able to be graphically replicated

Graphical representation means reducing it to a heading, mark, signature of name, word, letters, numerals etc. Nonetheless, there have been many technological advances in recent years. Sounds and odors will now also confer a trademark. In India, sound marks are subject to trademark law.

3. It may include the shape of the products, their packaging and a color combination

Let’s discuss what cannot be a Trademark in India:

No Color Trademark

Many big brands have faced problems due to color in their trademark. The Crucial criterion that the court should consider though is that the products are likely to be confused by an ordinary customer.

Placements are not usually permitted

When a location attaches distinctive characteristics to a brand name, under geographical signs it is more a case than a trade-mark. Companies must therefore refrain from filing a trademark which has the name of a town, place or state. In addition, certain names may be reserved for legislative or sovereign usage — such as National, certain names may also be covered under the Emblems and Names Act , 1950.

Contains scandalous, obscene content or is counterproductive to religious feelings

Any label which may be pornographic, improper can deny registration. In addition, a mark which can cause harm to feelings of a specific group of people cannot be identified.

A mark which displays only the quality

Terms like “perfect,” “best,” “superior” etc. are simply descriptive and thus cannot be a trademark. In a case involving Britannia Industries — the word “Celebrations” was not considered distinctive on the kit.

Named chemicals

Under the Trademarks Act, a trade-mark exemption cannot be issued to a widely used or recognized name of a chemical element or a chemical compound. There can also be no registration of a chemical declared by the WHO which acquires foreign non-proprietary names.

Names of people alive or deceased

Where an application for registration of a trademark attempts to create a link with an individual (living or dead within 20 years from the date of application), the trademark cannot be licensed unless the permission of the living person or representatives of the dead person is obtained.

Finleg assist you completely in making sure your business doesn’t get tampered and its trademark gets all the right ticks before registering it. Combined with automated process flow, finleg provide you with a framework that helps you to incorporate your business more quickly. Finleg allows you to better understand and direct you, while helping you integrate at the highest possible levels.

Finleg

Trademark

Trademark Registration

Trademark Renewal

Global Trademark