Liberalized Remittance Scheme (LRS)
Many people reside in foreign countries for purposes like education, jobs, etc., and often need funding from friends and family who are living in India. Earlier in 2004, transferring funds from India to another country came with grievous limitations under the Foreign Exchange Management Act, 1999 (FEMA). Consequent to which, Reserve Bank of India (RBI) […]
Concept of Due Diligence
Introduction Due Diligenceis an important process conducted by individuals, companies, or organizations to investigate and assess the financial, legal, operational, and strategic aspects of a business, before engaging into a transaction or entering into a partnership. It is a comprehensive examination aimed at gathering relevant information and evaluating the risks and opportunities associated with a […]
Gaming and their Different Accounts
Electronic game playing is referred to as Gaming, whether played on a console, computer, smartphone, or any other device. The word “Gaming” implies frequent gameplay, possibly as a hobby. Although traditionally a solitary form of relaxation, online multiplayer video games have made Gaming a popular group activity which include but not limited to e-sports, electronic […]
SPORTS LAW- LEGAL FRAMEWORK BY LL – VOL. 2
“Sports is leisure, played for fun, entertainment and a royal’s competition” had gone into history and nowadays sports are a full-fledged profession and structured as an organized Industry. The international sports bodies took the initiative to organize international events amongst countries with broadcasts of the same to people across nations, which glued everyone to watch […]
SPORTS LAW EVOLUTION – AN INTRODUCTION BY LL VOL-1
The world has recently witnessed the most prominent Sporting event “FIFA World Cup” played in Qatar. The event intrigued everyone to watch the games or know which team played well in the tournament. The event achieved a record of 5.4 billion cumulative views on different platforms throughout the tournament. Wherein, India has also created history […]
ONLINE GAMING INDUSTRY GROWTH- INDIA IS NO EXCEPTION
Early 2000s console and PC gaming introduced countless people to digital gaming platforms which marked the beginning of online gaming business across world. Increasing demands for games and a high user base demonstrated the growth of online gaming industry and India is no exception to this. The COVID-19 pandemic has resulted in ‘a different’ positive […]
How to register a Trademark?
In today’s competitive world, when protecting the identity of a business is very tough, it is very crucial to protect distinctive identity of your business and protect your rights. To distinguish business from others, usage of Trade-Mark, Patents and Copyrights are used. However, using a trademark does not give you exclusive rights over it […]
SOLEMNISATION / REGISTRATION of FOREIGNER’S MARRIAGE in INDIA
In the past many years, India has seen a trend of its citizen getting foreign citizenship or settling abroad. The five main countries Indians prefer are the US, Canada, Australia, England and Italy. Every year the number of Indians residing abroad is increasing as they search for better education, a guarantee of a good career […]
TECHNOLOGY TRANSFER IN INDIA
Technology transfer is a fast-growing activity in the research and development system, one which has received substantial attention from governments, industries, and universities. Technology transfer is an important means by which developing countries gain access to new technologies. It is a key factor in the development of India’s economy, as it enables the country to […]
FREE TRADE AGREEMENT AND DOUBLE TAX AVOIDANCE AGREEMENTS
Since no nation is able to meet all of its needs on their own, trade is necessary for nations to meet their entire need. Due to high tariffs and entrance hurdles, trade has also grown to be a significant source of wealth for the nations. To ease the entrance hurdles two or more countries come […]