ITC on GST paid on Repair of Vehicles by Insurance Companies

As you are aware, an insurance company insures various types of motor vehicles and indemnifies financial losses in case of any event that may be specified. There are various types of products related to motor vehicles offered by various insurance companies on the market. These insurance companies generally pay repair charges for vehicles to garages in two ways: cashless and by reimbursement of payments made by the insured to the garage. Cashless payments are generally held to net-work garages by the insurance companies directly, since invoices are generally…

The Future of Data Storage

Today, I’m sharing something you might never have heard of or thought of: storing data in DNA. DNA data storage has the potential to completely transform digital storage because of its unmatched sustainability, longevity, and density. With the use of this technique, binary data may be converted into biological representations by encoding digital information into DNA sequences. DNA uses very little energy, can store enormous volumes of data in a small amount of area, and can keep it for thousands of years. Even with the present obstacles-expensive pricing,…

Case Study: Registration of a Design

QUESTION ABC Communications, a telecommunications company, is in the design phase of a new device that incorporates a cell phone, PDA, MP3 player, GPS chip, and Internet capabilities. There is a concern that the new device may have nearly the same design as their competitor’s product, for which an application for registration of industrial design has already been submitted. A former intern, who is now employed by the competitor, is believed to have leaked information. Can ABC Communication apply for registration of the design…

Navigate through the E-Register Trademark

Introduction In the digital era, the online trademark registration process has become a convenient and fast method. Businesses can get legal protection for their brand names, logos, and other distinctive identifiers by e-registering a trademark. This article will guide you through e-registering a trademark online by following the instructions. What is a trademark? A trademark is a distinct symbol, term, phrase, design, or mix of these that stands for a specific company or brand. It acts as a special identification that sets…

7 Wonders of the GST World

Arjuna (Fictional Character): Krishna, Today 1st July 2024 marks the completion of 7 years from the implementation of GST law in the country. How is the experience of the taxpayers during these years? Krishna (Fictional Character): Arjuna, The taxpayers have seen huge revolutions in the indirect tax regime of the country in these 7 years. Although the initial years were tough for the taxpayers & this idea of One Nation One Tax took its time to really simplify taxation for its taxpayers. GST have also brought…

RBI Compliance Regulations and the Role of Advanced Technologies in Bank and NBFC

The key regulations and guidelines issued by the RBI cover various aspects of operations, including prudential norms, risk management, capital adequacy, liquidity management, asset classification, provisioning, customer service, fraud prevention, cybersecurity, and anti-money laundering measures. Banks are required to comply with these regulations and guidelines to maintain their license to operate. Non-compliance can lead to severe penalties, reputational damage, and operational disruptions. Thus, maintaining a robust compliance framework is crucial for the sustainability and growth of any financial institution. The RBI recently evaluated the internal compliance…

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Tips to keep skin glowing Here’s a meal and meal plan to effectively improve the health of your skin. Regular oil massages and natural remedies can help make your skin glowing and healthy. Wrinkles are a problem in today’s hectic world. Wrinkles appear at an early age and the youth of your skin ends. Following a smooth and low-oily diet can help fight wrinkles. Source link

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5 reasons why following a passion is bad for you Following one’s passion does not necessarily lead to fulfillment, but it is one of the most powerful cultural forces that drives overwork. Fostering the pursuit of one’s passions helps perpetuate social inequalities as not everyone has the same economic resources to pursue their passions easily. Source link

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5 reasons why following a passion is bad for you Following one’s passion does not necessarily lead to fulfillment, but it is one of the most powerful cultural forces that drives overwork. Fostering the pursuit of one’s passions helps perpetuate social inequalities as not everyone has the same economic resources to pursue their passions easily. Source link

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Jobs that won’t be replaced by AI in the future Some studies suggest that around a quarter of the work worldwide can be done by machines. Sometimes, this tendency causes people to worry about their job security. Yet, despite many concerns, it is believed that automation will not only modify businesses by adopting easy and repetitive tasks, but will not destroy them either. Source link