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Mutual Funds have become one of the most preferred investment instruments of creating wealth, in the modern age. But the process involved is quite difficult for normal people. It involves collecting the documents, getting the KYC done by filing them. Going through so many schemes, comparing all their details, and not to forget, checking the AMC, is a time-taking, complicated and difficult work.

As a Mutual Fund Agent, you will be in charge of educating potential investors about the benefits of investing in Mutual Fund Schemes and how it will be beneficial for them to achieve their long term financial goals.

A mutual funds raises money from investors and on their behalf, they invest that money. A little amount of fee is charged for maintaining and handling the money. People who don’t know enough about investing -A mutual fund is a perfect investment vehicle for them ( general investors). A beneficial and profit earning part or investors in a mutual fund is they can select a mutual fund scheme according to their demands and requirement. The base foundation for mutual fund scheme would be decided according to investor financial goal and begin investing to accomplish the set plans.

PAN Card Tracking Procedure: How to check PAN Card Status

What is a PAN card?

A PAN (Permanent Account Number) is a 10 Digit AlphaNumeric number. The pattern of a PAN number is first 5 are the alphabets than the next four number and 1 alphabet (AAAAA1111A). It is mandated by the RBI (Reserve Bank of India) and the Government of India for every individual, company, firm or trust to present the PAN card in front of the bank while opening the bank account. A PAN card is a necessary document for tracking the status of financial transactions related to ITR filing. Also, it is vital for company registration procedure in order to keep a track of tax payments made by businesses who have enrolled themselves under the GST registration procedure .

What is the validity of PAN Card?

A PAN card is valid for lifetime. Also, PAN card is never gets affected by the changes made in the address of the individual, company, firm or trust as no address is mentioned on the PAN card.

How to track a PAN Card?

Once the application is accepted a acknowledgement number is provided to each applicant. The application can be tracked via various means. These includes:

1. Tracking through SMS:
   Any individual can track its PAN card application anytime using the SMS facility on their mobile. They just need to send SMS to 57575. The should contain NSDLPAN followed by your15 acknowledgment number. It should be like "NSDLPAN 123456789012345".
2. Track PAN application on call:
   Any individual can track their PAN application on call. They need to call TIN Call center at +91-20-2721-8080. The customer care will ask for the 15 digit application number, name and Date of birth as mentioned in the application.
3. Track application online:
   Any individual having access to the internet can track its PAN card application. They just need a device and their PAN card application number and follow these steps
4. Visit the official PAN card tracking website
5. Select application as PAN - New/Change Request
6. Enter the digit acknowledgment number
7. Press submit. However, there is another online method to track the PAN card application. Follow these steps to track application online:

Step 1 – Visit the TIN website

 Step 2 - Click on the name option.

Step 3 - fill in all the information as asked(Please note this information should be same as details mentioned int he PAN Application). These details should be the applicants' First name, Middle name and Last name

Step 4 - Fill in the Date of Birth. This details should be the same as it was filed by the applicant for PAn card application.

Step 5 - Click Submit.

5 Time Management Tips to Help Get Your Business off the Ground

"How might I deal with my time better?" is an inquiry that manifests with disturbing consistency. For business people, this can have genuine ramifications on their business. Fortunately, there are steps they can take to keep an efficiency hole from opening.

Survey your time use and measure profitability

Influence a rundown of the tasks you to do routinely, and those which expend the vast majority of your time. Survey how you could be embraced them all the more effectively.

On the off chance that you've assigned a measure of time to a task, and it took you longer than anticipated, what could be the reasons? Take five minutes previously every task, call or discussion and choose whether the outcomes were accomplished, and if not, what should be possible to guarantee distinctive outcomes in future.

Needs always show signs of change, so for new businesses, it's critical to make these inquiries all the time, particularly amid the bustling occasional and occasion times of the year.

Concentrate on what you specialize in

There's no compelling reason to do everything yourself. In the event that your startup has a team, delegate undertakings to workers who you trust in meeting and surpassing desires (you'll wind up squandering considerably additional time giving an errand to somebody who doesn't have the right stuff or information to carry out the responsibility).

Cluster routine exercises and interferences

In the event that it's an unremarkable time-buyer, such as browsing your email, relegate yourself times to play out these assignments. An ongoing profitability overview announced that in excess of 70 percent confess to browsing their own messages at work. Thirty three percent even check it three times each day!

Stop postponing and performing various tasks

On the off chance that you frequently abstain from doing certain assignments, set aside the opportunity to evaluate why this is. Postponing prompts surged work, botches and, at last, vulnerability about the nature of work. It's best to plan additional time than required for undertakings that put you off.

Don't perform various tasks: concentrating on one task at any given moment will twofold profitability, work yield and creativity.

In the event that an idea flies into your head, as opposed to halting what you're doing to discover an answer for that bothering inquiry, note it down. Make a rundown of things you have to get to after you've finished what you expected to complete.

Use your pinnacle energy time

Regardless of whether you're a morning person or late-starter, use pinnacle times of vitality to upgrade work yield and spare time.

This article has been contributed by Sarubpreet Kaur who is a content writer with LegalRaasta. LegalRaasta is an online portal that assists companies and startups with Company Registration, GST Return, Food License, Trademark Registration.

Difference between a Trademark and Copyright?

For entrepreneurs starting their first organization, it's anything but difficult to get mistook for a portion of the private company language that goes with the job. A standout amongst the most widely recognized mix-ups is mixing up trademarks and copyrights.

Which will be which and what do they do? Do you require both or only one for your business? Let us help demystify the issue for you and characterize everything entrepreneurs need to think about trademarks and copyrights. 

Trademarks

Odds are almost certain that your startup has a name, logo, motto or slogan, or even a brand mascot related with it. On the off chance that you have any of the above mentioned, you'll require a trademark. Trademarks are words, expressions, images or structures that demonstrate the world how particular and interesting your brand is to separate it from any competitors.

For what reason do despite everything you have to enlist a trademark? By petitioning for a trademark with the United States Patent and Trademark Office (USPTO), in addition to the fact that you prove that your thoughts are unique, you have restrictive responsibility for mark. This implies no one is permitted to utilize or copy your trademark. For whatever length of time you file the proper documents and pay the required fees, trademarks and trademark registration don't lapse. These marks can ensure your business for many years insofar as you keep on utilizing them.

In case you're prepared to ensure your brand with a trademark, the primary thing you'll have to do is lead a pursuit through existing enrolled and pending trademark applications. When you decide your check is novel and accessible to utilize, ensure it by applying for trademark registration. You can likewise conduct a trademark watch to "watch" over any applications that may enlist comparable names or logos for their organizations amid this opportunity to guarantee your check stays shielded from any conceivable encroachment. 

Copyrights

Does your business have any unique works of creation? This can go from abstract works (like books or verse), sensational or melodic works (counting films, tunes and plays), and sound recordings and artistic, design, architectural and realistic works. In the event that you do, petitioning for a copyright permits you, the maker, to protect these unique works.

Copyrights share a couple of comparable advantages to trademarks. When your masterpieces have an enrolled copyright, you may sue for copyright encroachment on anybody that endeavors to duplicate your creation. The enrollment is likewise dependable with the USPTO, taking note of that for works made by an individual, the security goes on for the life of the creator with an extra 70 years. In the event that the works have been made secretly or under a pseudonym, security keeps going 95 years from the date of production or 120 years from the date of creation.

Begin in filing for copyright registration by first directing a hunt through the copyright database. This will enable you to check whether anything has been enrolled as of now and will guarantee you won't inadvertently encroach on other work. In the event that you work ends up being unique, you'll have the capacity to record an application, pay a charge and send in a duplicate of the work you need to enlist. When it is enrolled, your unique works of initiation will have an open record and you will have the capacity to control its duplication and dispersion anyway you see fit.

This article has been contributed by Gaurav Rawat who is a content writer with LegalRaasta. Legal Raasta is an online portal that assists companies and startups with Company registration, NBFC Registration, GST registration, ISO Certification, and ITR filing.

Business Relationship under Indian Domestic Tax Laws

The Indian household charge laws have expressed that every one of the salaries produced or emerging in India, paying little heed to it being straightforwardly or by implication earned, through or from any business association in India will be esteemed to gather or emerge in India itself. In more straightforward terms, any pay acquired from a business by Non-Residents of India is assessable in India if the said individual has a business association in the nation. This article discusses the Business Connection under Indian Domestic Tax Laws and the fundamentals data identified with the equivalent.

Overview

The extent of business association under the Indian local duty laws was like those arrangements under the Dependent Agent Permanent Establishment (DAPE) in Article 5(5) of the Double Taxation Avoidance Agreement (DTAA) that is gone into by India with different nations. Under the said terms, if an individual following up for a Non-Resident is routinely approved to finish up contracts for the Non-Resident. At that point, such a specialist would comprise a lasting foundation in the source nation.

Be that as it may, under different cases, with the expectation of staying away from a perpetual foundation under Article 5(5) of the DTAA, the individual following up in the interest of the Non-Resident arranges an agreement however does not close the assertion. Subsequently, a survey was led by the Organization for Economic Co-task and Development (OECD) under the Base Erosion and Profit Shifting (BEPS) to rethink the meaning of a Permanent Establishment so as to keep the shirking of duty installments by evading the current Permanent Establishment definition as indicated by commissionaire game plans or discontinuity of business exercises.

Amendments

The inception made incorporates the BEPS Move Plan 7 that purchased forward changes to the Article 5(5) that right now expresses that a specialist would not just incorporate an individual who routinely finishes up an agreement in the interest of a Non-Resident, yet additionally an individual who as a rule assumes a key job prompting the finish of assertions. The suggestions under BEPS Action Plan 7 has been incorporated into Article 12 of the Multilateral Convention to Implement Tax Treaty Related Measure (MLI), to which India is a signatory as well. Therefore, these arrangements will change India's individual DTAAs secured by MLI consequently. This would expand the extension than the arrangements included by the Indian household impose laws.

As indicated by the Indian Government, the extent of business association has been extended as characterized under the Indian residential expense laws reliable with Permanent Establishment Rule as revised by the BEPS Action Plan 7 and MLI by presenting the idea of operator routinely assuming the huge job prompting the determination of an agreement. In this specific situation, the agreements are:

• For the sake of the Non-Resident;
• For the exchange of the possession, or for conceding the privilege to utilize a property claimed by the Non-Resident or for which the Non-Resident has a privilege to utilize;
• Or then again for the arrangement of administrations by that Non-Resident.

The corrections in the duty laws of India will adjust the equivalent to the arrangement of the DTAA as altered by the MLI to make the necessities of the DTAA compelling. Despite the fact that, it ought to be noticed that since the current meaning of the PE under the DTAAs is smaller than the previously mentioned changed definition under the Indian duty laws, in this manner, the arrangements of DTAAs being undeniably more gainful than the Indian local expense laws would keep on applying to a Non-Resident till the MLI laws come into power.

Significant Economic Presence

With impact from April 01, 2018, the Government of India has extended the extent of Business Connection to incorporate Significant Economic Presence. Under this specific circumstance, Significant Economic Presence later will mean:

• Any exchange concerning any products, administrations or property did by a non-occupant in India including the arrangement of download of information or programming in India if the total of installments emerging from such transaction(s) amid the earlier year surpasses the sum as recommended; or
• Constant and deliberate requesting of its business exercises of taking part in cooperation with digitized clients as determined, in India through advanced methods.

The BEPS Action Plan 1 on tending to the expense difficulties of the advanced economy suggested adjusting the current meaning of Permanent Establishment to give that:

• An undertaking occupied with completely de-emerged advanced exercises would comprise a PE on the off chance that it kept up a critical computerized nearness in another nation's economy;
• Virtual PE would be comprised when an endeavor keeps up its site on a server of another undertaking situated in a purview and brings out its business through that site.

The BEPS Action Plan 1 likewise suggested that nations may present the accompanying shields in their residential laws to counteract BEPS:

• Another nexus rule dependent on the idea of a critical financial nearness.
• Retaining the duty on particular sorts of computerized exchanges.
• A balance collect

Prior the Indian residential assessment laws accommodated a physical nearness based nexus rule for tax collection of business pay of the Non-Resident in India-regional nexus. Developing plans of action, for example, a digitized business, which does not require a physical nearness of itself or some other specialist in India, were not secured by the household charge laws in India.

Applicability

The changes referenced above will apply to every online ad, online quests, cloud administrations and other advanced items to guarantee that the benefits acquired by these organizations credit to the clients in India and are saddled in India itself. This could bring enormous firms, for example, Google, Facebook, Amazon and Netflix and application designers, for example, Uber Inc. with colossal shopper bases in the nation into the assessment net.

The changes return at the of equalization require at the rate of 6 percent forced from the First of July, 2016, on web based promoting installments to remote substances not owning a Permanent Establishment in India. In like manner, organizations that move products carefully or execute computerized benefits in India with or without an assessable nearness in India may fall inside the fields of this alteration.

The income based factor and use-based factor approach proposed by the Finance Bill to decide nexus dependent on the idea of critical financial nearness is in accordance with the Action Plan 1. In any case, the rules on this respect recommending the conditions and as far as possible are yet to be issued.

This article has been contributed by Gaurav Rawat who is a content writer with LegalRaasta. LegalRaasta is an online portal that assists companies and startups with Trademark Registration, Company registration, NBFC Registration, GST Return, ISO Certification, and ITR filing

Copyright Registration Benefits in India

The term 'register trademark' alludes to the imposing business model endorsed to creators by copyright law for selective use or propagation. Like trademark enrolment with the Trademark Registrar, copyright can likewise be enlisted with the Copyright Office to appreciate lawful security in a copyrightable work. A copyright is made accessible in a normal mold to the creator quickly when some inventive type of articulation is delivered in an unmistakable medium. In any case, there are some vital advantages of enrolling your work and profiting of insurance benefits as pursues:

• After Copyright registration, that makes an open record of the proprietorship by copyright holder.

• Copyright assurance empowers the holder of the copyright to make lawful move against infringers in a court.

• On the off chance that the lawful move is made previously or inside a specific period from the date of production, it empowers satisfactory proof in court identifying with the legitimacy of the copyright and the realities that are expressed in the endorsement of copyright.

• In the event that enrollment is made inside a limited capacity to focus time the individual's work or whenever preceding the encroachment of the copyrighted work, the copyright proprietor is allowed to guarantee statutory harms in a high court. Without the procedure enlistment, just a honor identified with genuine harms and benefits will be made accessible, and these can be very confused to demonstrate in an official courtroom.

• Licenses the copyright proprietor to record the enlistment with Indian Customs to help in insurance against the importation of encroaching duplicates into India.

• Copyright insurance gives a critical inspiration to the formation of a few scholarly works. Without copyright assurance, it would be basic for others to exploit these works without paying any eminences or compensation to the title-holder of the work. Copyright along these lines supports undertaking and empowers a urging atmosphere to spur financial action.

• Copyright security renders benefits as financial rights which qualifies the makers for exercise command over utilization of their abstract and aesthetic material in different routes, for example, delivering duplicates, performing out in the open, telecom, use on-line/on the web, and so forth and to profit a fitting monetary reward.

• Copyright insurance empowers makers to subsequently be compensated for their innovation and adventure.

• Copyright likewise empowers moral rights to be distinguished as the maker or the creator of unmistakable sorts of material (known as the paternity right), and raise protest to the twisting and mutilation of the right. A creator's entitlement to article to the adjustment or critical activity in connection to his or her work is alluded to as a trustworthiness right.

• Enlistment and qualification to copyright will show the legitimacy of your copyright on the off chance that it is enrolled inside a time of five years of distribution. This can help turn away future difficulties to your works related rights.

• One can utilize, reuse and imitate the duplicates and can move the duplicates of the work that is copyrighted.

• One can bargain in the imports or fares of entire or part of the work with copyright assurance.

• One is freed to make any subordinate work from the copyrighted work.

• One can transparently show his work with after copyright registration.

• One can move or pass on the privileges of the work to the next individual with copyright security.

• One can bargain in transmitting or the presentation of work by radio or video with copyright assurance.

This article has been contributed by Gaurav Rawat who is a content writer with LegalRaasta. LegalRaasta is an online portal that assists companies and startups with Trademark Registration, Company registration, NBFC Registration, GST Return, ISO Certification, and ITR filing.

Benefits of Forming a Corporation

Regardless of whether you are simply beginning your business or you have just been working as a sole proprietorship or general association, you might ponder about the advantages of shaping your business as an enterprise. Frequently, entrepreneurs believe that incorporation is excessively expensive or too tedious, nor is the situation.

The advantages entrepreneurs gain by shaping their business as an enterprise normally exceed any apparent impediments. These advantages are, much of the time, inaccessible to sole proprietorships and general associations.

Incorporation advantages include:

• Limited Liability – Corporations give limited liability security to their proprietors (who are called investors). Ordinarily, the proprietors are not personally responsible for the obligations and liabilities of the business; in this way, loan bosses can't seek after proprietors' close to home resources, for example, a house or vehicle, to pay business obligations. On the other hand, in a sole proprietorship or general association, proprietors and the business are legitimately viewed as the equivalent and individual resources can be utilized to pay business obligations.
• Tax Benefits – Corporations frequently gain tax benefits, for example, the deductibility of health care coverage premiums paid for a proprietor representative; funds on independent work charges, as corporate salary isn't liable to Social Security, Workers Compensation and Medicare charges; and the deductibility of different costs, for example, live coverage. For data on the sorts of assessment points of interest, your business may pick up by shaping as an organization, counsel a bookkeeper or tax advisor.
• Building up Credibility – Incorporating may enable another business to set up credibility with potential clients, workers, sellers, and accomplices.
• Boundless Life – A company's life isn't dependent upon its proprietors. A company has the element of boundless life, which means if a proprietor bites the dust or wishes to move his or her advantage, the organization will proceed to exist and work together.
• Transferability of Ownership – Ownership in an enterprise is normally effortlessly transferable. (Nonetheless, there are limitations on S company proprietorship).
• Raising Capital – Capital can be raised all the more effortlessly through the closeout of stock. Furthermore, numerous banks, while giving a private venture advance, need the borrower to be a fused business.
• Retirement plans – Retirement reserves and qualified retirements plans, for example, a 401(k), might be built up more effectively.

Corporations don't come without apparent potential detriments.

Potential detriments of a partnership include:

• Twofold Taxation – C companies are liable to twofold tax collection of corporate benefits when corporate pay is disseminated to the proprietors as profits. The twofold expense is made when the duty is first paid at the corporate dimension. In the event that corporate benefit is, conveyed to proprietors as profits, the proprietors settle government expense at the individual dimension on that salary. The twofold expense can be dodged by choosing S company impose status with the Internal Revenue Service.
• Formation and Ongoing Expenses – To frame an enterprise, articles of fuse must be recorded with the state and the relevant state documenting charges paid. Numerous states force progressing expenses on enterprises, for example, yearly report as well as establishment assess charges. While these charges regularly are not over the top expensive for private companies, the development of an organization is more costly than for a sole proprietorship or general association, the two of which are not required to record arrangement archives with the state.
• Corporate conventions – Corporations are required to pursue both starting and yearly record-keeping assignments, for example, holding and appropriately archiving beginning and yearly gatherings of executives and investors, receiving and keeping up ordinances and issuing offers of stock to the proprietors. Sole proprietorships, general associations, and even LLCs don't bring about the customs forced on partnerships.

This article has been contributed by Jatin Kapoor who is a content writer with LegalRaasta. LegalRaasta is an online portal that assists companies and startups with Company registration, NBFC Registration, GST Return, ISO Certification, and ITR filing.