Your address will show here +12 34 56 78
GST, which has been in the works for a decade, is seen as one of the most important tax reform initiatives post-independence. GST regime is to provide a common portal and standardised compliance across the country in line with the ?one market? concept. Major changes are proposed in GST draft, India?s tax administration structure, including overhauling the Central Board of Excise and Customs (CBEC) to ensure a glitch-free roll-out of a nation-wide goods and services tax (GST). The government expects to roll out GST from April 1, 2017. Note: GST would apply to all goods and services except Alcohol for human consumption, Electricity and Real Estate. The infographic below, will walk you through all the changes that GST will bring into the E-commerce startup operation.   startup ecommerce GST implication Start-up process entails complex procedures and many bureaucratic hurdles, entrepreneurs are better off using professional services. Hiring a virtual lawyer and virtual accountant can save time and help ensure that the process goes smoothly. For any Legal and Accounting support, Happy to help you,?let us?talk at?Wazzeer
0

There are over 50 AI startups in India till date. Real Example: vPhrase Idea: It?s meant to help crunch large amounts of information to help scientists or other researchers. Clients can either play for the license or per report, which can be anywhere between US$0.15 to US$37. IP filed: Patent-protected AI product Funding: Venture Catalysts (VCats)   AIndra Systems Idea: To improve and enhance governance and productivity of various programs delivered on-the-field, for example: services like Skill training, healthcare -service delivery, financial-services, etc. in diverse remote locations. AIndra is developing an affordable device that can be deployed in resource-constrained settings to assist with screening and detection of cervical cancer. IP filed: With its patent-pending Face-Recognition (FR) technology powering AIndra?s smartphone based product, ?SmartAttendance Enterprise ?? Competition: Top 5 AI systems in the world, that is building a solution to screening and detection of cervical cancer. Funding: Secured backing by?Villgro, the Social Enterprise Incubator focused on funding startups having a social impact. ? Top 4 Questions that an AI startup should ask about IP rights: ?
  1. Can I protect my idea?
You can Copyright your source code in India, You can Trademark your Logo, You can Patent your innovative Idea, and You can patent your product as well.  
  1. How can I be certain that this is going to fetch me the competitive edge?
Patent ?gives its owner right to prevent others from making, using, selling, or importing the protected invention. It has a term of 20 years and it cannot be renewed.  
  1. Duration to get my patent?
Between 4-7 Months to get your patent in hand.  
  1. Any GOI incentives?
India Patent Office has issued guidelines for startups with respect to filling and processing of applications for patent, designs andtrademarks.?As per the guidelines,?a startup willing to file a patent application for an invention will have to select a facilitator who would help in preparing the request and also assess the patentability of the invention as per acts and rules, the Controller General Patents, Designs and Trade Marks said in a public notice. If the startup is unable to select a facilitator, it should contact the head office of the respective Patent Office as per jurisdiction, who shall provide 3 names of the facilitator and the startup will finalize the name, the notice added. ? Start-up process entails complex procedures and many bureaucratic hurdles, entrepreneurs are better off using professional services. Hiring a virtual lawyer and virtual accountant can save time and help ensure that the process goes smoothly. For any Legal and Accounting support, Happy to help you,?let us?talk at?Wazzeer. For more interesting updates follow us on?Twitter,?Facebook,?LinkedIn?and?Google+   ?
0

The Food & Beverage service market is worth INR 2,04,438 crore and is expected to reach INR 3,80,000 crore by 2017. The F&B sector has evolved over the past decade, giving rise to exciting new concepts in food and beverage offerings and new and innovative service elements. Amongst the various segments within the restaurant sector, Quick Service Restaurants and Casual Dining Restaurants constitute the largest categories ? combined they constitute more than 77% of the overall market. The F&B service market is dominated by unorganized segment and although it will decline significantly over the next 4-5 years, it is likely to remain more than 60% of the market. Here is the complete guide to start a food business in India. Food startups in India Start-up process entails complex procedures and many bureaucratic hurdles, entrepreneurs are better off using professional services. Hiring a virtual lawyer and virtual accountant can save time and help ensure that the process goes smoothly. For any Legal and Accounting support, Happy to help you,?let us?talk at?Wazzeer.

For more interesting updates follow us on?Twitter,?Facebook,?LinkedIn?and?Google+

0