Summary Intellectual Property Rights refers to safeguarding and protecting the rights of the owner/inventor/creator. Applying for patents, copyright, or a trademark and granting the same is a form of protection of the invention/creativity. IPR provides benefits to the inventor, ensuring that others cannot use his invention without authorization. These benefits are a reward for the […]
Category: Blog
How an NRI income will be taxed in India – Income tax and Tax matters
IntroductionIt is a fact that the taxes collected plays a dominant role in the growth and development of the Indian economy. All the residents of India pay taxes for their income earned under provisions of the Income Tax Act, 1961. Similarly, The Indian Income Tax Act, 1961 also provides certain conditions for taxation for NRIs […]
When do NRIs need a Succession Certificate and Legal heir Certificate?
Summary The article provides a detailed analysis of the concept of succession certificate, legal heir certificate and its need and purpose and procedure to obtain the same. The article specifically focuses on the purpose and procedure of obtaining both certificates. Succession CertificateBasically, a succession certificate refers to a certificate that is provided to the successor […]
Lal Lakir/ Lal Dora and Everything You Must Know About It
Summary: The article provides detailed information regarding the concept of Lal Lakir and Lal dora land or property. It focuses mainly on the risks and opportunities associated with owing or acquiring a Lal dora or Lal lakir land or property. IntroductionUnder the British ruling in the year 1908, for simplification and maintenance of the […]
All about Intellectual Property Rights (IPR) For Business Start-ups
For any start-up, it is challenging to compete with the existing players in the same field. The best way to fight competition is innovation. The invention can be your creativity in the form of a new product, process, design, advertisement, brand, logo, etc. This innovation is your Intellectual Property. Law protects it in the same […]
Arbitration Dispute Resolution in India
Summary: The arbitrator acts as a trial court judge, which makes things much easier for a party’s settlement. It differs from regular dispute resolution which goes through litigation lawyers and comes in front of a court judge. Arbitration dispute resolution is widely used in the following types of cases; the most popular is family law, […]
Income Tax: Concept of Taxation for NRIs
The taxation system in India is a fundamental part of the country’s economy. India has a well-structured tax system. From income tax to custom duty, various taxes apply to Indian citizens under the country’s taxation system. Almost all taxes under the taxation system can be primarily classified into direct and indirect taxes. Some of the […]
Legal tips from property dispute lawyer to avoid family property conflicts
Property disputes among family are common in India. A family dispute is an extremely draining process and becomes a battlefield for drama and throat cut argument unless it is settled amicably among the family members or with expert legal advice from property dispute lawyer. Family members are often battling each other on issues related to […]
Power of Attorney | Risks and concerns for NRIs | FAQs
In today’s world, signing an agreement and entering into a contract is of utmost importance. Therefore, POA is an essential element in every estate plan. Granting a Power of Attorney for delegating all decisions to another one by sharing decision-making power is an easy and legal way. Therefore, to some solve legal issues, POA is […]