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TRADE AND COMMERCE

Angel Tax fiasco: Government To Soften The Blow On Startup Businesses

New Delhi, February 12: In terms of the number of businesses, India is the second biggest ecosystem for the start-up. Even though the incumbent government has time and again promoted the entrepreneurship in the country, from the past two weeks it is receiving constant flak from the startup ecosystem, as …

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U.S All Set To Withdraw Zero Tariff Program On Indian Exports

New Delhi, February 11: U.S is all set to take disciplinary action against India and is planning to withdraw the Generalized System of Preferences (GPS), amid an ongoing dispute over India’s trade and investment policies. The move is being feared, as India will lose a crucial U.S trade concession, under which …

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Financing Of International Trade: Need, Method & Practical Implications

International Trade in today’s world has become extremely intrinsic, and has led to rise in the living standards, generating more employment and has also brought in a market wherein the consumers have the option to choose from a vast variety of goods. The fact of International Trade taking place is …

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An Introduction To Trade Remedies: Their Need & Working

The World Trade Organisation Members aspire for free trade, however, free trade does not always imply fair trade. Although, as a result of liberalization, there has been the advent of many players in the International market which has increased scope for freer competition, yet, as they say, all that glitters …

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Government Proposes Changes To The Companies Act, 2013

New Delhi, December 11: The Government of India in its latest notification has proposed amendments to the Companies Act, 2013.  The Companies Act 2013 is an Act of the Parliament of India on Indian company law which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company. The …

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Amazon Under Scrutiny for Violating Anti-Trust Laws

American Tech giant, Amazon, is now under the scrutiny of the European Union Competition Commission for allegedly violating Anti-trust laws.  Last week, the governing body announced that it will commence the investigation into the matter pertaining to storage and use of internal data by the tech giant and whether it is …

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ED To Look Into FDI Violation by E-Commerce Websites

The Enforcement Directorate (ED) has started an inquiry into the alleged violation of Foreign Direct Investment (FDI) norms by two major players in the e-commerce arena, Flipkart and Amazon, under the Foreign Exchange Management Act (FEMA),1999. This case is scheduled to be heard on 19 November. On a PIL filed by …

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“Abuse Of Dominance” In The Light Of Telefonaktiebolaget Lm Ericsson V/s Competition Commission Of India

The Competition Act, 2002 under section 4 specifically forbids any enterprise from abusing its dominant position. The term ‘Dominant Position’ means a position of strength enjoyed by an enterprise  in a relevant market, in India, which enables it to: Operate self-sufficiently irrespective of the competition forces prevalent in the relevant market; …

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Analysis Of The Law Relating To Color Marks With Respect To Christian Louboutin’s Red Sole Trademark

The world of color marks is as fascinating as it is outrageous, where well-established brands pick a fight to ensure that no one piggybacks on his or her reputation and success or rather, he or she does not sail under false colors! While many products are recognized by the distinct …

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Msme (Ministry Of Micro, Small And Medium Enterprises) Sector In India

The MSME sector in India, consisting of 36 million units, provides employment to over 80 million persons. The sector through more than 6,000 products, contributes about 8% to GDP, besides 45% of the total manufacturing output and 40% to the exports from the country. Due to the remarkable contribution of …

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