April 2024

Asset-light business model

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Asset light” is essentially a business model strategy and the question of how a company prepares and optimizes its balance sheet. A company is therefore “asset light” if it has (relatively) little ownership of assets, i.e. has only a small amount of fixed assets on its balance sheet. The asset-light strategy is particularly common among companies in the service sector, which in principle require little capital for their business operations. The best-known examples include well-known companies such as Airbnb and Uber or providers of co-working spaces such as WeWork. What is an Asset Light Business Model? An asset-light business model, as the name suggests, is a business model where the company focuses on reducing the amount of capital that is invested in assets. In financial terms, this would mean that the size of revenue generated by the company would be very high as compared to the amount of capital tied up in assets. Finance enthusiasts will say that these companies have a very high asset turnover ratio. Entrepreneurs carefully study the value chain of a business in order to identify the key functions which need to be kept in the house. Any other functions which are not mission-critical are outsourced to vendors in order to increase efficiencies. Salient Features of the Model Focus on Intangible Assets: The whole focus of companies using asset-light business models is to gain a competitive advantage over the competition using intangible assets. For some companies, this intangible asset is in the form of a brand name. On the other hand, for some other companies, this intangible asset is in the form of patents, algorithms, software, or such other intellectual property rights.Instead of spending money on constructing factories and warehouses, the money is often spent on building intellectual property which provides a very specific value proposition that is difficult for the competition to replicate. Focus on Customer Facing Side of the Business: It is also important to note that most of these asset-light companies focus on the customer-facing side of the business. Their business models are created in such a way that they solve a specific need for a business and acquire customers. The execution part of the business is then passed on to other service providers. It is the ability to acquire and pass on customers to service providers which allow these companies to earn a return on investment that is higher than the competition. Creating a Lean Enterprise: The entire asset-light business model is based on the concept of lean enterprise. This means that these businesses conduct every activity in a manner that is not wasteful.Asset light business models are meant to redesign the entire process and eliminate any wasteful activity. Fixed Costs to Variable Costs: Another important feature of the asset-light business model is the relentless focus on de-risking the business model by reducing operating leverage. Asset light businesses are famous for turning every fixed cost into a variable cost. For instance, companies can turn fixed salary costs into variable costs by hiring contractors and gig economy workers instead of full-time employees.Similarly, asset-light companies use cloud-based solutions to lower their costs instead of investing upfront in buying servers and other data center related expenses. The more any company can convert fixed costs into variable costs, the closer it is to having an asset-light business model. Faster Response Times: Another important characteristic feature of asset-light business models is the ability to quickly respond to customer requests. Even though the requests are serviced by third-party services, the customer-facing business has to take ownership of the service delivery.This means that they have to create a system wherein they can quickly pass on the message to a nearby service provider and can also track their performance and service delivery process. The entire supply chain has to be linked by well-designed information systems that quickly and accurately transfer the required information to all stakeholders. Advantages of Asset-Light Business Model The costs of investment and running the Asset-Light Business Model business is less, and revenue and profits would be more. Start-ups can own the operational part of the company and outsource any other assets needed. They confer greater flexibility to tech-enabled new-age businesses to scale up much faster than traditional asset-heavy industries. This quick scalability gives them a definite edge over others in the market. The startup can grow new assets and sell them later at a profit. Businesses with high scalability and lower capital requirements are more attractive to equity investors. So, it will help entrepreneurs to get the company listed. Disadvantages of Asset Light Business Models Over-Reliance on Vendors: The biggest problem with asset-light business models is that companies that follow such models face an overreliance on vendors. Vendors are independent entities who are seeking profit and oftentimes their philosophy does not match the philosophy of the startup.Vendors are the face of the company to the end consumer and provide the final service. Hence, if they are not aligned with the values of customer service, they might resort to profiteering and other unethical means. As a startup company grows larger, it has high bargaining power with the vendors. This is because it redirects several customers to the same vendors. However, a smaller company does not have much leverage over its vendors. Hence, it is important for startup companies to be very careful when they select the final vendors who will actually provide the good or service to the customer. Less Standardization of Services: The problem with having several vendors is that maintaining a certain standard of quality is often very difficult. This may not be because of wrong intent on part of the vendors. Instead, it may simply be due to the lack of availability of resources. For instance, different vendors providing different types of car repair services may have mechanics of different levels of expertise. In such cases, standardization of services is very difficult and it is quite possible that different customers might have very different experiences with the company which leads to dilution of brand image. Low Barriers to Entry:

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Diversion of forest

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Diversion of forest land in India is governed by the provisions under Forest (Conservation) Act, 1980 (FCA). As per the FCA, any diversion of land for non-forest purposes has to be pre-approved by the Advisory Committee instituted under the Ministry of Environment, Forest and Climate Change (MoEFCC). Proposals seeking diversion of forest land upto 40 hectares are processed by regional offices of MoEFCC under the instituted Regional Empowered Committees (REC). Proposals that pertain to diversion of land greater than 40 hectares are sent directly to the central ministry. What about the local communities? To recognise the rights of local communities whose livelihoods are inextricably linked to the forest lands they inhabit, the central government enacted the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006, more commonly known as the Forest Rights Act (FRA)./ The Act aims to protect the marginalised socio-economic class of citizens and balance the right to environment with their right to life and livelihood. Key-highlights of the Report The diversion of forest land for other purposes continued throughout India.  A total 11,467.83 hectares (114.68 square kilometre) forest lands were diverted in 22 states between January 1 and November 6, 2019. This diversion was for 932 non-forestry projects under the Forest (Conservation) Act (FCA), 1980. More than a third of the diversion (4,514 ha) was for 14 projects was in Odisha, followed by Telangana — 2,055 ha for 11 projects — and Jharkhand (869.99 ha for 11 projects).  The most number of projects — 251 — were in Haryana, which led to the diversion of 519.53 ha. Madhya Pradesh diverted 795.36 ha for 220 projects.   State  Number of Projects  Total Forest Land approved for diversion (in ha) Andhra Pradesh 3 37.82 Bihar  28 453.43 Chhattisgarh  1 207.99 Goa  1 0.93 Gujarat  99 114.01 Haryana  251 519.53 Himachal Pradesh  52 434.36 Jharkhand  11 869.99 Karnataka  11 162.61 Kerala 2 0.26 Madhya Pradesh  220 795.36 Maharashtra  2 151.81 Mizoram  1 23.69 Odisha  14 4514.00 Punjab  123 411.07 Rajasthan  27 370.34 Tamil Nadu 6 18.45 Telangana  11 2055.05 Tripura  2 1.80 Uttar Pradesh  1 63.27 Uttarakhand  64 159.74 West Bengal  2 102.33 TOTAL 932 11467.83 The annual report also gave the category-wise details of the divisions. The largest area of forest land was diverted for irrigation and mining projects. Irrigation projects: Twenty-four irrigation projects led to the diversion of 4,287.50 ha Mining projects: 22 mining projects led to the diversion of 3,846.09 ha of forest land. Construction project: Other than this, 227 road construction projects also led to the diversion of 1,487.82. The Forest (Conservation) Amendment Bill, 2023 Highlights of the Bill The Bill amends the Forest (Conservation) Act, 1980 to make it applicable to certain types of land.   These include land notified as a forest under the Indian Forest Act, 1927 or in government records after the 1980 Act came into effect.  The Act will not be applicable for land converted to non-forest use before December 12, 1996. It also exempts certain types of land from the purview of the Act. These include land within 100 km of India’s border needed for national security projects, small roadside amenities, and public roads leading to a habitation. The state government requires prior approval of the central government to assign any forest land to a private entity.  The Bill extends this to all entities, and allows the assignment to be made on terms and conditions specified by the central government. The Act specifies some activities that can be carried out in forests, such as establishing check posts, fencing, and bridges.  The Bill also allows running zoos, safaris and eco-tourism facilities. Key Issues and Analysis The Bill excludes two categories of land from the purview of the Act: land recorded as forest before October 25, 1980 but not notified as a forest, and land which changed from forest-use to non-forest-use before December 12, 1996.  This provision may go against a 1996 Supreme Court judgement on preventing deforestation. Exempting land near border areas for national security projects may adversely impact the forest cover and wildlife in north-eastern states.  A blanket exemption for projects like zoos, eco-tourism facilities, and reconnaissance surveys may adversely affect forest land and wildlife. PART A: HIGHLIGHTS OF THE BILL Context The Indian Forest Act, 1927 was framed with the objective of managing timber and other forest resources.[1],[2]   It provides for state governments to notify any forest land they own as reserved or protected forests.  All land rights in such land are subject to the provisions of the Act.  The Forest (Conservation) Act, 1980, was enacted to prevent large-scale deforestation.[3]  It requires the central government’s approval for any diversion of forest land for non-forest purposes.[4]   Forest cover refers to land greater than one hectare in size with tree canopy density (percentage of land covered by tree canopy) is greater than 10%.[5]  India’s total forest cover underwent a net increase of 38,251 sq. km from 2001 to 2021. This increase was mainly in terms of open forest cover, where tree canopy density is 10-40% (see Table 1).     In the same period, forest cover with canopy density above 40% declined by 10,140 sq. km. Table 1: India’s forest cover (in sq. km) Tree canopy density 2001 2021 Change 10% to 40% (Open) 2,58,729 3,07,120 4,391 Above 40%  4,16,809 4,06,669 -10,140 Total forest cover 6,75,538 7,13,789 38,251 Note: 2001 data, unlike 2021 data, does not distinguish between moderately dense forest (above 40% to 70% canopy density) and very dense forest (above 70% canopy density).  This table combines 2021 data for very dense and moderately dense forest for comparison.Sources: India State of Forest Report for 2001 and 2021; PRS. The Standing Committee on Science and Technology, Environment and Forests (2019) noted that pressure on forest land has increased due to several reasons such as industry demands, agriculture, and demand for forest produce.[6]  The 1980 Act specifies certain restrictions on diverting forest land for non-forest purposes.   The Bill modifies the criteria for including and excluding forest land from the purview of the Act.[7]  It also expands the list of forest activities that will be permitted on

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Application for tor

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 ToR1 form is a legal document those wishing to settle in the UK must complete if they are shipping unaccompanied personal belongings into the country. You can use it to claim relief from customs duties and tax on everything from books and clothes to pets and vehicles. You could be: a student moving to study shipping inherited goods  shipping wedding gifts  a returning citizen moving to live permanently moving to work under a working visa Transfer of residence (TOR) If you are a private individual transferring normal residence permanently to the State from abroad, this relief may apply. You still need to register your vehicle, but the registration may be exempt from Vehicle Registration Tax (VRT). Normal residence requirements Your normal residence generally is: the place where you usually live for at least 185 days each calendar year because of occupational and personal ties if you live in two different countries due to occupational and personal ties, the country of your personal ties provided: you return there regularly or you are working abroad carrying out a task of definite duration for less than one year. not affected by living abroad to study.  To qualify, you must prove you: have had normal residence abroad and are taking up normal residence in the State.  You will need evidence, both abroad and in the State, of: acquiring and disposing of a home (for example, rent agreements, mortgage documents and rent or mortgage payments) employment (for example, pay slips, tax records and social welfare records) day-to-day living (bank statements or transaction documents, bills or receipts for electricity, phone, service charges and other day-to-day living expenses) and travel into and out of the country. Vehicle requirements The vehicle must: be your personal property have been in your possession and used by you for at least six months before transfer of residence. Any possession and use in the State, even during times when you were living abroad, does not count. brought into the State within 12 months of the date of your transfer of residence and be fully tax and duty paid. Vehicles acquired tax and duty-free may also qualify for relief in certain limited circumstances. These include vehicles supplied under diplomatic or consular arrangements, or to United Nations (UN) missions. In such cases, the vehicles must be possessed and used by you for 12 months before transfer of residence. Evidence required in respect of the vehicle will usually consist of: vehicle registration document certificate of insurance purchase receipt ferry ticket to show when the vehicle arrived in the State and evidence of the vehicles use abroad, for example, service and maintenance records and evidence that motor tax has been paid. Restrictions The VRT relieved becomes payable in full if you sell or dispose of the vehicle within 12 months following registration. You do not qualify if: you have been abroad on a task of any definite duration  and granted similar relief for a vehicle in the previous five years.  Application If you are moving from within the EU, you must submit your application to the National VRT Service via MyEnquiries, where possible.  If you are not able to access Revenue’s online resources, please contact the designated Revenue office. How long does ToR1 approval take? Processing times depend on the accuracy of your application and can take anywhere between two and six weeks. We recommend applying well in advance of your moving date and double-checking every detail and piece of evidence uploaded! Please note, relief using a ToR1 form is only available up to 12 months What is a ToR1 URN? If your application is successful, you’ll receive a letter containing a Unique Reference Number (URN). Give this number to your overseas moving company. Do I qualify for ToR1 import tax relief? You must be relocating to Scotland, England or Wales (or from a non-EU country to Northern Ireland). If moving from within the EU to Northern Ireland, you do not need to complete a ToR1 due to the EU’s freedom of movement laws. You must transfer from your main home abroad rather than a secondary or holiday home. You must want to make the UK your usual residence, and it must be your main home and not a secondary or holiday home. You must have lived outside the UK for at least 12 consecutive months before your arrival. You must have owned and used your items for at least 6 months before their importation. You must import your goods within a year of your arrival in the UK. You must intend to use your possessions for the same purpose they were purchased once they arrive in the UK, i.e. for personal use and not for resale. You may not loan, use as security, hire out, gift or sell any goods for which relief has been applied within a year of your arrival in the UK. FAQs What is a Transfer of Residence (ToR1) form? A Transfer of Residence (ToR1) form is a document used by individuals moving to the United Kingdom who want to import their personal belongings without paying customs duties and taxes. How long does it take to get a ToR1 number? ToR1 approval takes between two and six weeks. However, this can vary depending on the completeness of the documentation submitted and the workload of customs authorities. How do I apply for ToR1? To apply for Transfer of Residence (ToR1), those relocating to the United Kingdom must complete the ToR1 form, available on the official government website. The form should be submitted electronically, providing details about the move and a list of the goods they want to import. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8

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TEC, DoT & ICAR to host ITU/FAO Workshop on “Cultivating tomorrow

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It would be followed by 9th meeting of ITU/FAO Focus Group on “Artificial Intelligence and Internet of Things for Digital Agriculture”   International Telecommunication Union (ITU) is organizing a Workshop on “Cultivating tomorrow: Advancing digital agriculture through IoT and AI,” in collaboration with the Food and Agriculture Organization (FAO) of the United Nations. This event will be hosted by the Telecommunication Engineering Centre (TEC) of the Department of Telecommunications (DoT) and the Indian Council of Agricultural Research (ICAR), Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers’ Welfare, Government of India. The Workshop is scheduled to take place on 18 March 2024 at the National Agricultural Science Complex (NASC), ICAR in the National Capital. The Workshop will be followed by the 9th meeting of the ITU/FAO Focus Group on “Artificial Intelligence (AI) and Internet of Things (IoT) for Digital Agriculture” (FG-AI4A) on 19 March 2024 at the same venue. Around 200 delegates are expected to participate including international participants.  They will share their experiences in this emerging field, poised to bring a complete transformation in agriculture, often referred to as Agriculture 4.0. Participation is open to ITU Member States, Sector Members, Associates, ITU Academia, and individuals from countries that are members of the ITU, as well as members of international, regional, and national organizations in hybrid mode. With the growing world population and climate change posing challenges to traditional farming practices, leveraging technology becomes imperative for sustainable food production. The workshop will explore the application of Internet of Things (IoT), Artificial Intelligence/Machine Learning (AI/ML), Unmanned Aerial Vehicles (UAVs) and other cutting-edge technologies across the entire value chain of agriculture, from production to consumption, including post-harvest management and marketing. The workshop will delve into how these technologies can revolutionize agriculture by providing farmers with real-time data, predictive analytics and actionable insights. Moreover, during the workshop, the Technical report on “Revolutionizing Agriculture: The Digital Transformation of Farming” will be released. This report will serve as a reference document for stakeholders of the agricultural sector, guiding decision-makers on harnessing the power of technology to drive sustainability, efficiency, and resilience in food production. 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ITU/FAO Workshop hosted by TEC & ICAR successfully concludes

Government Schemes / /

Wide ranging discussions on applications of AI, IoT, UAVs and other cutting-edge technologies across agricultural value chain TEC (DoT), ICAR  also jointly release Technical Report on “Revolutionizing Agriculture: The Digital Transformation of Farming”   The workshop on “Cultivating tomorrow: Advancing digital agriculture through IoT and AI”, concluded on March 18, 2024 with participation by the International Telecommunication Union (ITU), in collaboration with the Food and Agriculture Organization (FAO) of the United Nations. The event was hosted by TEC (DoT) in collaboration with ICAR at the National Agricultural Science Complex (NASC), ICAR, New Delhi. The workshop held wide-ranging discussions delving into the applications of Artificial Intelligence (AI), Internet of Things (IoT), Unmanned Aerial Vehicles (UAVs), and other cutting-edge technologies across the agricultural value chain. Topics ranged from production to consumption, including post-harvest management and marketing. Participants explored how these technologies can empower farmers with real-time data, predictive analytics, and actionable insights, thereby addressing the challenges posed by global population growth and climate change to traditional farming practices. During the Workshop, the Telecommunication Engineering Centre (TEC), Department of Telecommunications (DoT), in collaboration with Indian Council of Agricultural Research (ICAR), Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers’ Welfare, have also jointly released a Technical Report on “Revolutionizing Agriculture: The Digital Transformation of Farming”.   The report will serve as a good reference for stakeholders across the agricultural sector, guiding decision-makers on harnessing the power of technology to drive sustainability, efficiency, and resilience in food production. {For further information and access to the Technical Report, please visit TEC website (https://www.tec.gov.in/) and ICAR website (https://www.icar.org.in).} The workshop  was followed by the Ninth Meeting of the ITU/FAO Focus Group on “Artificial Intelligence (AI) and Internet of Things (IoT) for Digital Agriculture” (FG-AI4A) at the same venue on March 19, 2024. Shri Ajay Kumar Sahu, Member (Services) & Additional Secretary (T), DoT highlighted the pivotal role of telecommunications in advancing digital agriculture and bridging the rural-urban digital gap. India aims to empower farmers with digital connectivity, innovative tools, and real-time market access, fostering inclusive growth and sustainable development in the agricultural sector, he added. Mr Seizo Onoe, Director of Standardisation at the International Telecommunication Union (ITU),  highlighted India’s increased engagement with ITU and the importance of building bridges between different areas of expertise to develop impactful international standards for digital agriculture. Ms Tripti Saxena, Sr. DDG & Head, TEC emphasized the potential of technologies like IoT and AI to revolutionize agriculture. She outlined that by leveraging emerging technologies and IoT solutions like sensors and drones, farmers can monitor soil conditions, optimize resource utilization, and maximize crop yields, paving the way for a sustainable and productive future in agriculture. Dr S K Chaudhari, DDG (NRM), ICAR emphasized the significance of the workshop for Indian agricultural research, aligning with ICAR’s centenary and this year’s focus on digital technology, aiming to advance the agricultural sector through IoT and AI. The workshop was followed by inauguration of the exhibition area. Exhibition stalls, facilitated by ICAR, showcased the real time applications of emerging technologies by various start-ups in the agricultural domain. Around 250 delegates, including representatives from ITU Member States, Sector Members, Associates, ITU Academia, as well as individuals from ITU member countries along with members of international, regional, and national organizations from various countries participated in-person as well as virtually, exchanging valuable insights and experiences in the rapidly evolving field of Agriculture 4.0. Field visit to the IoT and sensor operated Greenhouse Vertical Farm, Plant Phenomics Centre and Internet of Drones demonstration provided invaluable insights into the innovative technologies shaping the future of agriculture. From witnessing vertical farming techniques maximizing space efficiency to experiencing the transformative potential of drone technology in crop monitoring and management, delegates gained a deeper understanding of how these advancements can revolutionize farming practices. 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International Telecommunication Union elects India as co-chair of its Digital Innovation Board

Government Schemes / /

Various initiatives pertaining to scaling up ITU Area Office India, Digital Innovation Board, Digital Transformation Lab, Acceleration centres, Global Innovation Centre in India were agreed upon Continuation of Indo-Japan Joint Working Group in the areas of Cyber Security, ORAN, Quantum and other emerging areas of technology India and Bahrain decide to collaborate actively on ICT sector in areas such as Artificial Intelligence, 5G use cases, Cybersecurity and developing Data Embassy   Dr Neeraj Mittal, Secretary, Department of Telecommunications, Government of India, led a high-level delegation to Geneva for a series of crucial meetings at the International Telecommunication Union (ITU) Headquarters from March 18-20, 2024. The visit focused on fostering collaboration and exploring innovative initiatives in the telecommunications and information and communication technology (ICT) sectors. The key highlights of the visit include: India Leads Digital Innovation Board with Dr Neeraj Mittal as Co-Chair:  Dr Neeraj Mittal was unanimously elected as co-chair of the Digital Innovation Board of ITU formed under the aegis of Innovation and Entrepreneurship Alliance for Digital Development. The Digital Innovation Board comprises of Ministers and Vice Ministers of Telecom/ICT of 23 Member Countries of ITU spanning Asia, Europe, Africa, North and South America. International Telecommunication Union (ITU) has started Innovation and Entrepreneurship Alliance for Digital Development to respond to significant unmet needs of ITU Membership in the area of innovation, as articulated in the Kigali Action Plan adopted at the World Telecommunication Development Conference 2022 (WTDC-22) and the Outcomes of the ITU Plenipotentiary Conference 2022 (PP-22). The Alliance has three main vehicles: – Digital Transformation Lab Network of Acceleration Centres Digital Innovation Board The Alliance establishes the Digital Innovation Board to provide strategic guidance, expertise and advocacy regarding its mission of building critical local enablers and fostering innovation and entrepreneurship in digital development, to create a more inclusive and equitable digital future for all. The International Telecommunication Union (ITU) has selected 17 organizations from around the world to host Network of Acceleration Centres with the Global Innovation Centre at ITU Area Office and Innovation Centre, New Delhi, India to coordinate the efforts of Network Acceleration centres around the globe. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

International Telecommunication Union elects India as co-chair of its Digital Innovation Board Read More »

The Department of Telecom, Gujarat, has started its Telecom Facilitation

Government Schemes / /

The Telecom sector in India is on the cusp of a transformative leap, fuelled by advancements in technologies such as 5G, M2M/IoT, and allied technologies. Startups, MSMEs and academia are crucial stakeholders in this growth. The Department of Telecom, Gujarat, has started its Telecom Facilitation Centre on March 21st, 2024.   This centre aims to support the telecom sector’s growth by assisting various stakeholder like startups, MSMEs, academia, licensees, registration holders etc. in not only navigating regulatory processes but also handholding for various schemes of the department and fostering innovation. Located at 1st Floor, Dept. of Telecom Gujarat office, RTTC, SG Highway, Jagatpur, Ahmedabad, it will offer guidance to the potential Licensee (TSP, NLD, ILD, Audiotex, etc) or registration holder (M2MSP, NOC, IP-1, etc) in obtaining license and authorizations from DoT and comprehending the terms and conditions stipulated within said licenses. This centre will also facilitate on the matters related to RoW, Building Bye-Laws 2016 etc. The Telecom Facilitation Centre aims to enhance support for M2M Service Providers by guiding them through global and national M2M standards, and streamlining the registration process and compliances. It also aids in the registration for PM WANI PDOA and App Providers, enabling the deployment of Wi-Fi hotspots across Gujarat. Furthermore, the centre will provide comprehensive support to Telecom Start-ups, SMEs, Incubators, and hubs by offering detailed information on Department of Telecom schemes. These schemes focus on innovation, R&D, including TTDF, DCIS, 5G use-case labs, skill development, and green Telecom technologies, fostering growth and innovation within the sector. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

The Department of Telecom, Gujarat, has started its Telecom Facilitation Read More »

NTIPRIT holds workshop on “5G Use Case Labs: Awareness and Pre-Commissioning Readiness” at IIT Gandhinagar

Government Schemes / /

Participants from 18 institutions in the Western region actively engaged in the workshop DoT-SRI presented roadmap for beyond 5G and 6G accelerated research for promoting generation of Indian IPRs Generating awareness about 5G technology use cases and the 5G Use Case Lab set up in IIT Gandhinagar with funding from DoT National Telecommunications Institute for Policy Research, Innovation and Training (NTIPRIT), under the Department of Telecommunications (DoT) in Ghaziabad recently hosted a two-day workshop on “5G Use Case Labs: Awareness and Pre-Commissioning Readiness” at IIT Gandhinagar. This significant event was inaugurated by Ms. Mona Khandhar, Principal Secretary of the Department of Science & Technology, Government of Gujarat.  More than 100 participants from 18 institutions in the Western region actively participated in the workshop Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

NTIPRIT holds workshop on “5G Use Case Labs: Awareness and Pre-Commissioning Readiness” at IIT Gandhinagar Read More »

Section 19A – THE COPYRIGHT ACT, 1957

THE COPYRIGHT ACT, 1957 / /

Disputes with respect to assignment of copyright (1) If an assignee fails to make sufficientexercise of the rights assigned to him, and such failure is not attributable to any act or omission of the assignor,then, the 3[Appellate Board] may, on receipt of a complaint from the assignor and after holding such inquiry as itmay deem necessary, revoke such assignment.(2) If any dispute arises with respect to the assignment of any copyright, the 3[Appellate Board] may, onreceipt of a complaint from the aggrieved party and after holding such inquiry as it considers necessary, pass suchorder as it may deem fit including an order for the recovery of any royalty payable:Provided that the 3[Appellate Board] shall not pass any order under this sub-section to revoke the assignmentunless it is satisfied that the terms of assignment are harsh to the assignor in case the assignor is also the author:4[Provided further that, pending the disposal of an application for revocation of assignment under this subsection, the 3[Appellate Board] may pass such order, as it deems fit regarding implementation of the terms andconditions of assignment including any consideration to be paid for the enjoyment of the rights assigned:Provided also that] no order of revocation of assignment under this sub-section, shall be made within a periodof five years from the date of such assignment.]5[(3) Every complaint received under sub-section (2) shall be dealt with by the 3[Appellate Board] as far aspossible and efforts shall be made to pass the final order in the matter within a period of six months from the dateof receipt of the complaint and any delay in compliance of the same, the 3[Appellate Board] shall record thereasons thereof.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

Section 19A – THE COPYRIGHT ACT, 1957 Read More »

Section 19 – THE COPYRIGHT ACT, 1957

THE COPYRIGHT ACT, 1957 / /

Mode of assignment 2[(1)] No assignment of the copyright in any work shall be valid unless itis in writing signed by the assignor or by his duly authorised agent.3[(2) The assignment of copyright in any work shall identify such work, and shall specify the rights assignedand the duration and territorial extent of such assignment.(3) The assignment of copyright in any work shall also specify the amount of 4[royalty and any otherconsideration payable], to the author or his legal heirs during the currency of the assignment and the assignmentshall be subject to revision, extension or termination on terms mutually agreed upon by the parties.(4) Where the assignee does not exercise the rights assigned to him under any of the other sub-sections ofthis section within a period of one year from the date of assignment, the assignment in respect of such rights shallbe deemed to have lapsed after the expiry of the said period unless otherwise specified in the assignment.(5) If the period of assignment is not stated, it shall be deemed to be five years from the date of assignment.(6) If the territorial extent of assignment of the rights is not specified, it shall be presumed to extend withinIndia.(7) Nothing in sub-section (2) or sub-section (3) or sub-section (4) or sub-section (5) or sub-section (6) shall 1Ins. by Act 27 of 2012, s. 8 (w.e.f. 21-6-2012)2 Section 19 re-numbered as sub-section (1) thereof by Act 23 of 1983, s. 9 (w.e.f. 9-8-1984).3 Subs. by Act 38 of 1994, s. 8, for sub-section (2) (w.e.f. 10-5-1995).4 Subs. by Act 27 of 2012, s. 9(i), for “royalty payable, if any” (w.e.f. 21-6-2012).be applicable to assignments made before the coming into force of the Copyright (Amendment) Act, 1994 (38 of1994)].1[(8) The assignment of copyright in any work contrary to the terms and conditions of the rights alreadyassigned to a copyright society in which the author of the work is a member shall be void.]1[(9) No assignment of copyright in any work to make a cinematograph film shall affect the right of theauthor of the work to claim an equal share of royalties and consideration payable in case of utilisation of the workin any form other than for the communication to the public of the work, along with the cinematograph film in acinema hall.]1[(10) No assignment of the copyright in any work to make a sound recording which does not form part ofany cinematograph film shall affect the right of the author of the work to claim an equal share of royalties andconsideration payable for any utilization of such work in any form.]2[19A. Disputes with respect to assignment of copyright.— ( Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

Section 19 – THE COPYRIGHT ACT, 1957 Read More »