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Monday, 23 May 2016

India's First IPR Policy - How Entrepreneurs going to benefit







India has entered into Globalized Era many decades ago and India’s Intellectual Property Law is already complying with WIPO ( WORLD INTELLECTUAL PROPERTY ORGANIZATION ) and TRIPS (  The Agreement on Trade-Related Aspects of Intellectual Property Rights ). This is an international agreement administered by the World Trade Organization (WTO) that sets down minimum standards for many forms of intellectual property (IP) regulation as applied to nationals of other WTO Members. However, being a superpower, India was lacking in proper implementation of it’s IP Policy for strengthening its position as destination of Business and Trade Investment.
When current Modi Government came into power in the year of 2014, since then PM Narendra Modi trying to establish a mechanism for “Easing Doing Business in India “. He has also launched pilot MISSIONS Like #MAKEININDIA, #SKILLINDIA #DIGITALINDIA and last but not the least #STARTUPINDIA_STANDUPINDIA.
However, these Missions will only become effective when there’s an effective and implemented Intellectual Property Law. In order to address the need, Ministry of Commerce & Industry along with Department of Industrial Policy and Promotion introduced the final draft of India’s national intellectual property policy. This draft was for inter-ministerial consultation would had been sent to the Cabinet for approval after receiving comments nearly a year ago.
Then finally, on 13th may, 2016 India’s First Intellectual Property Policy (IP POLICY) was unveiled to the public at large, making a promise of “Creative India, Innovative India”.

Highlighted Areas of IP Law that has been covered by the Policy:

With respect to Copyright:

                                                                                                                                          
 ( i ) The administration of the Copyright Act 1957 along with the office of the Registrar of Copyrights, under the Department of Higher Education, is being transferred to the Department of Industrial Policy and Promotion.
( ii ) Amendment of Indian Cinematographic Act, 1952 for making it more unfriendly with Piracy .
( iii ) Introduction of Copyright Search Service, with a Database of registered copyrighted material.
( iv ) Expediting Copyright services
( v )  Take urgent measures for effective management and administration of copyright societies to ensure transparency and efficiency in the collection and disbursement of royalties for the best interest of the right holders. Copyright Societies are those who is responsible for collecting Royalties from the various user groups on behalf of Artists.

With respect to Patent, Trademark and Design


( vi ) Expedite processing of  applications, that’s trademark Registration within 1 month by 2017 also addressing backlog of nearly 2 lakhs new applications.
( vii )  ‘Tatkal (instant)’ option offered under the latest amended patent Rules. These benefits will also be available to entities that file their first application in India.
 ( viii ) Introducing online search & filling for INDUSTRIAL DESIGNS.

With respect to other Laws


 ( ix ) Empowering Cinematographic Act, which have already been discussed above, other than that creating IP related interfaces for Competition Act, and reviewing other Acts and Rules for harmonizing with Intellectual Property laws.

With respect to Education


( x ) Introducing IP as a subject matter at school curriculum, setting up online  and offline IP training courses for building up IP awareness.

Deal for Entrepreneurs:


India is being considered as one of the startup hubs with cities like Delhi, Hyderabad, Bangalore and Mumbai taking the lead. India has seen an enormous growth With respect tocreating support vessels for early stage or pro-funded Startups’ growth. Many private or publicly funded missions has already been initiated to drag and drop startups in Indian subcontinent, but my personal option has always been catering the need for innovation, and building up facilities where product based startups can be nurtured and build awesome products. Encouraging Entrepreneurs’ to INVENT first, we need to give them reason for INNOVATION, that’s called incentivizing.
Incentivizing by way of giving them a monopolistic RIGHT to Produce and Market for 20 years, Tax benefits, and expedite approvals for speeding up production.   
So in order to address the need, Indian Government already launched Startup India Mission and this new IPR Policy will be using as a fuel into it.
Although, Indian Patent System will still continue to prevent Evergreening of patent under existing sec 3 (d) of Indian Patent Act. Evergreening refers to a variety of legal, business and technological strategies by which producers extend their patents over products that are about to expire, in order to retain royalties from them, by either taking out new patents. Stopping Evergreening in Indian Patent landscape does affect  global Pharmaceutical Companies, but irrespective of continues pressure from US Pharmaceutical Association and other relative lobbyist, India took a major step by not vouching for EVERGREENING. However, that’s actually helping Indian Drug Manufacturers to produce generic drugs and also obtaining COMPULSORY LICENSE which is a kind of license granted after evaluating an application for revoking a Patent Rights for the common good of public at large. This is also encouraging R&D including open source based research such as Open Source Drug Discovery (OSDD) by the Council of Scientific and Industrial Research (CSIR) for new inventions for prevention, diagnosis and treatment of diseases, especially those that are life threatening and those that have high incidence in India.
It’s said that getting a Patent Approval is very time consuming in India, sometimes it takes nearly 5 years of total timeline for Patent Grant that too after paying hefty prices for Statutory fees and Attorney cost. Even Mr. Narendra Modi also aware about the pain in ass for inventors and entrepreneurs, that is why he addressed the same issue during his speech at the time of unveiling STARTUP INDIA Mission, in order to address this pain point.  IPR policy will also curbing the total timeline by introducing TATKAL facility and reducing the Statutory Fees for Entrepreneurs and Inventors by amending Patent RULE, and will also provide Tax benefits for inventors and Makers. 
This will surely encourage Entrepreneurs to go for patenting their state of the Art Technology.
Research and Development is a major step for pre or post Product launch, this new Policy also includes support verticals for R&D process and easy funding norms for the same.
Apart from Patent, IPR Policy also addressed other IP products like Geographic Indication and looking forward to give a diverse opportunity in terms of Marketing in wide level. A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign must identify a product as originating in a given place, e.g Mango of Malda ( W.B ) which is having its own segmented marketplaces in India and abroad. So now startups solving marketing problems in indigenous segments like Indian handicrafts now can avail benefits from this Policy framework.    
Valuation for IP or Intangible assets non- liquidated yet, although many methodology is already there but no single window methodology ever provided at policy level for subtracting actual value from IP Products, previously Indian Accounting Standard definitely tried to solve this problem by introducing IAS 38 but that’s moreover for Intangible assets not exactly for Intellectual Properties. But this new policy promised to implement proper guidelines for the same. On the other hand, it’s already been declared that IP Assets can be mortgaged for raising funds. So Startups now can look for this alternative means of fund raising. This policy also empowers social entrepreneurs like craftsman, Artisans’, farmers by providing IP friendly loan and linking up Venture Capital and Angel Funds for the development and Commercialization of IP Assets.
What’s NOT in the platter:

·         This policy is still silent about Software Patenting Issue in India
·      Even no clear directives towards IP protection and monetization for emerging Techs like Internet of Things ( IOT ), Virtual and Augmented Reality and Gaming.
·         No promises of strengthen copyright Protection for Software neither for online marketplaces.
·         No directives towards UX and UI protection through Industrial Designs.
·         No clear prospective on prototyping laws and protecting and commercializing subsequent IPR issues while prototyping.
·         The whole 30 pages exhaustive policy document made without any supportive empirical data.
But irrespective of all its flaws; this is India’s first Intellectual Property Policy which is subject to be validated by proper ACTION.

You can get the trademark at Munim.in



Wednesday, 6 April 2016

How to Name your Startup/Brand #Startup #Brand #Rebrand #Entrepreneur


Naming your startup/brand/offering is very important, however, some of the pragmatic entrepreneurs think that they should not be wasting time in all such activity. As a matter of fact, for every successful company there is one name that did just fine. As a part of the Startup strategy, route should be selected with lesser friction to the growth and yes wrong selection of name/brand may lead to a difficult path.

It is to be understood that its just a one time cost (may in terms of time) to zero down to a great name but the benefit is forever. 

Here are some suggestions that should be followed while naming your startup/offering from onstartups.com:

1. Make sure it’s legal and not being used!  This should be obvious, but it’s an important step that too many entrepreneurs skip.  Before attaching yourself to a name, make sure that someone else doesn’t already have claim to it by way of a trademark.  You should take a quick look at Trademark Search. The good news is that if you satisfy some of the other conditions below (domain name, twitter handle, Facebook name), odds are relatively low that someone’s already using the name.

2. Hint At What You Do:  You have two paths to go when picking a startup name.  You can pick a name that is “synthetic” and made-up (example: Quora) or you can use somthing that is somewhat descriptive of what you do (example: Snapdeal or flipkart).  Synthetic names are often great in the long, long-term (easily trademarkable, and you can truly “own” them and infuse them with meaning).

3. Make it easy to remember: How do you know whether a startup name is easy to remember?  You don’t know.  So, test it.  Talk to people.  Describe the company.  At the end of a 2–10 minute conversation, casually ask them if they remember what the name of the company is.  If it didn’t “register” it’s not a failure on their part (and make sure to tell them that), but a failure on your part for not having something that’s memorable enough.

4. Make it unambiguous when spoken:  A quick way to test this is to ask friends and family what they think of the name over the phone — and ask them to spell it back to you.  If a decent percent of them get it wrong — or are uncertain, you’ve got a problem.
5. Make it unambiguous in Google:  If your name is something like “Pumpkin”, you’re going to have a harder time distinguishing when people are talking about the generic term, or when they’re talking about your company.  Of course, there are plenty of examples where a startup started with a generic word and went on to be pretty successful (Mint.com jumps to mind).  That’s why these are suggestions (not laws) and they’re changeable.
6.  The social media handles have to be available.  No tricks with numbers and underscores and stuff.  You want the most natural, obvious twitter handle that matches your company name.  This is not quite as hard as .com domain names — but getting harder every day.
7. Keep it short.  Always good advice, but particularly true in the age of Twitter/facebook.  The more characters in your company name, the more characters in the tweets that people write that mention your company name.  The fewer the syllables, the easier it is for people to say.  Great examples of one and two-syllable names:  Dropbox, Mint, FreshBooks, ZenDesk. 
8. Try to get your main keyword into the name.  This helps with SEO and signals to potential visitors what they might find on your site.  For example, one of sites is YourStory.com.  Not particularly creative, but you have to admit — it’s clear.  (And, is likely partly responsible for my high rankings in Google for a bunch of startup related words).
9. Don’t name your company after yourself.  When customers hear something like “Ramesh Sharma Enterprises”, it doesn’t make them immediately think “Wow, that must be an awfully cool/successful/stable company”.  It sounds a bit amateurish right at the get go.  The other reason is that if you name the company after yourself, too many people are going to want to talk to you.  That’s ok when you’re the only person in the company to talk to, but becomes problematic as your startup grows and there are other people trying to sell/support/market.
10. Don't Use An Acronym:  It's hard to get emotional about a three letter acronym.  It's hard to hug an acronym.  As a corollary to this, try not to have a company name with three words in it, because it's long enough that people are going to be tempted to reduce it to an acronym.
11. Have a story.  When someone asks (and they will), so why did you pick X for your name, it’s nice to have something relatively interesting to say.  Names are a part of your personality, and the absence of a personality is rarely a good thing.  It’s OK to be purely scientific in your name selection, but a good story never hurts. 
12. Pay attention to character sequences in multi-word names:  This one’s a bit subtle.  But, if you have a name that is two words stuck together, then be mindful of what character ends the first word, and what starts the second.  Example: If your company name is something like BetterReading, it’s sub-optimal (because Better ends with “R” and reading starts with “R”.  Normally, that’s OK, but when you type it out as a URL, people will often see:  betterreading.com — which is not terrible, but does cause the brain to “pause” for a micro-second because it feels a tad unnatural.  And, I’d be remiss if I didn’t bring up the widely popular example of unfortunate character sequences:  expertsexchange.com.  When capitalized properly, this name is just fine (ExpertsExchange) which is what the site owners intended.  But, it turns out, this can be confused as “ExpertSexChange” (which is not what was intended).  Make sure you think through the combinations properly.
13. Seek timeless instead of trendy:  It seems that every generation of startups has their own “trendy” approach to names.  Examples are the dropping-vowels thing (like Flickr), the breaking up of words (like del.icio.us) or the newly fashionable “.ly” names. Pick a name that is timeliness.  One that people will see 10 years from now and not think “Hey, they’re one of those companies…”. 
So try to think on these lines while naming your startup offering and believe that getting a name registered through Trademark Registration is very very important.
Do remember the case of Foodiebay rechristened to Zomato, because ebay in its name being one of the reasons and the name was not Trademark registered
Munim.in is a marketplace for professional services like company registration, trademark registration and other related services. 
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Friday, 29 January 2016

A must that All Entrepreneur should Know: How to Name your Company: Changes - Companies (Incorporation) Amendment Rule 2016

How to name your company
Indian Government has taken another step to add to ease of incorporation of the company in India.
With new Companies (Incorporation) Amendment Rule 2016 there are a few changes in the naming rules of the company rather has relaxed some of the previous norms.

Munim.in, an online marketplace for accessing Company Registration, Trademark Registration, Service Tax Registration and other allied professional CA and Legal services, presents the highlights of the amendment with direct comparison with the previous rules.

#1
Earlier:
Company's name was necessary required to be in consonance with the principal object for example XYZ Builder Private Limited had to be for construction and building works, if such name resembled any object of the company.

Now:
Name of the company will not be undesirable even if it is not in consonance with the principal objects of the company as set out in Memorandum of Association. Thus XYZ Builder Private Limited may engage in other activities as well.

#2
Earlier:
Restriction on usage of vague and abbreviated names

Now:
The restriction has been levied and such names are accepted now. For example 123K limited etc

#3
Earlier:
If the company has changed its activity which are not in line with its name then the company has to change the name to be inline with the activities

Now:
No such requirement as already cleared in #1.

#4
Earlier:
Incase key words used in the proposed name of the company is the name of the person(s) other than the name of the promoter(s) or their close blood relatives, then an NOC from such person(s)  and the proof of relation were required to be attached, respectively.

Now:
No requirement of furnishing NOC and proof of relation now.

#5
Earlier:
Only one opportunity used to be given to remove defects or deficiencies before re-submission for fast track mode of incorporation that is through INC 29

Now:
The registrar can provide third opportunity for removing defects or deficiencies before re-submission for INC 29 or fast track mode of incorporation but the opportunity can only be availed with in 30 days of the first notice.


For further communication or query, please visit www.munim.in or write to us at contact@munim.in

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Monday, 18 January 2016

List of SEBI Registered Venture Capitalists for accessing a Government Corpus of Rs 10,000 Crore at #StartupIndia


Startup Indian Action Plans Clears the way to access the Government Fund corpus of Rs 10,000 Crore for Startups to be utilized over a period of 4 years. To start with  Government will set up a fund with an initial corpus of Rs 2,500 crore and a total corpus of Rs 10,000 crore over a period 4 years (i.e. Rs 2,500 crore per year) . The Fund will be in the nature of Fund of Funds, which means that it will  not invest directly into Startups, but shall participate in the capital of SEBI registered Venture Funds.

Key features of the Fund of Funds are highlighted below: 

  • The Fund of Funds shall be managed by a Board with private professionals drawn from industry bodies, academia, and successful Startups 
  • Life Insurance Corporation (LIC) shall be a co-investor in the Fund of Funds
  • The Fund of Funds shall contribute to a maximum of 50% of the stated daughter fund size. In order to be able to receive the contribution, the daughter fund should have already raised the balance 50% or more of the stated fund size as the case maybe. The Fund of Funds shall have representation on the governance structure/ board of the venture fund based on the contribution made. 
  • The Fund shall ensure support to a broad mix of sectors such as manufacturing, agriculture, health, education, etc. 
Munim.in, an online marketplace for accessing Company Registration, Trademark Registration, Service Tax Registration and other allied professional services, presents the list of SEBI Registered Venture Capitalist from where these funds can be accessed.

You may visit here for complete list.

For further communication or query, please visit www,munim.in or write to us at contact@munim.in

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Saturday, 16 January 2016

Prime Minister Shri Narendra Modi: Start-up India Action Plan


At the amidst of the Startup culture in India, PM Modi has announced the 15 Action Plan to boost Startups in India. 
Munim.in, a marketplace for company registration, trademark registration, service tax registration and other allied professional services, has listed the action plans as below:.

1) No Capital Gains Tax on Personal Property Sold to Invest in Startups.
2) No Income Tax on Profits for First Startups to 3 years.
3) Self-Certification based compliance.
4) No Inspection for the First Three years
5) Startup Hub India. A single Point of Contact
6) Simpligying Patent Regime
7) 80% Rebate on Filing a Patent Application
8) Mobile Oriented Application form for startups
9) Exit Policy to be introduced. Startups for
10) Brought Bankruptcy Bill, 2,015th in Parliament to Help Exit startups. in 90 days
11) Dedicated Fund Worth Rs 10,000 Crore Will be up fro startups SET
12) Credit Guarantee Scheme for Loans
13) Will bring in New Policies to Help Women Entrepreneurs. 
14) Will bring in Sector-Specific Incubators. 
15) 5 New Bio Clusters. will be set up to help Biotech Sector. 


Team Munim
US mail at Contact@munim.in





Saturday, 7 November 2015

Service tax rate goes up from 14% to 14.5% w.e.f 15th Nov 2015.



Service tax rate goes up from 14% to 14.5% w.e.f 15th Nov 2015 vide notification 22/2015 ST dated 6-11-2015. The government has decided to impose, a Swachh Bharat Cess at the rate of 0.5 per cent on all services, which are presently liable to service tax. The additional cess would be over and above the 14 per cent Service Tax rate which is already being levied and may yield the government an additional about Rs 400 crore during the remainder of the current fiscal.
Finance minister Arun Jaitley had in Budget 2015-16 proposed to levy a Swachh Bharat cess of up to 2 per cent “on all or certain services, if need arises”.
Swachh Bharat is among the major initiatives of the Modi government, which has embarked on a major drive to ensure cleanliness across the country.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the 6th November, 2015

Notification No. 22/2015-Service Tax
G.S.R. —(E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) read with sub-section (5) of section 119 of the Finance Act, 2015 (20 of 2015), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts all taxable services from payment of such amount of the Swachh Bharat Cess leviable under sub-section (2) of section 119 of the said Act, which is in excess of Swachh Bharat Cess calculated at the rate of 0.5 percent. of the value of taxable services:
Provided that Swachh Bharat Cess shall not be leviable on services which are exempt from service tax by a notification issued under sub-section (1) of section 93 of the Finance Act, 1994 or otherwise not leviable to service tax under section 66B of the Finance Act, 1994.
This notification shall come into force from the 15th day of November, 2015.

Thursday, 5 November 2015

Sovereign Gold Bond



Sovereign Gold Bond is being promoted by RBI, where in the person will be having an option to purchase the gold bond at the market rates. These bonds may be converted in to demat form as well.

The application of these bonds will be accepted from 5th November, 2015 till 20th November, 2015 through banks and designated post offices. The dates may further be opened in tranches by RBI through Public Notification. 

Details of the Bonds are as follows:

1.       Eligibility for Investment:
The Bonds under this Scheme may be held by a person resident in India, being an individual, in his capacity as such individual, or on behalf of minor child, or jointly with any other individual. Resident Indian entities include individuals, HUFs, trusts, Universities, Charitable institutions. Thus the bonds may be purchased in the name of the Resident Indian Entity. The holder of the bond shall be provided with certificate as per Form C (click to see the format).

2.       Applications
Subscription for the Bonds may be made in the prescribed application form (Form ‘A’) or in any other form as near as thereto stating clearly the grams of gold and the full name and address of the applicant. The receiving office shall issue an acknowledgment receipt in Form ‘B’ to the applicant.

3.       Denomination:
The minimum size of gold bond that a person can buy is 2 gm of gold, further the bond is available in the multiples of 1 gm of gold with maximum limit of 500 gm of gold.

4.       Issue Price
Price of the Bonds shall be fixed in Indian Rupees on the basis of the previous week’s (Monday – Friday) simple average closing price for gold of 999 purity, published by the India Bullion and Jewellers Association Ltd. (IBJA).

5.       Payment Options
Payment shall be accepted in Indian Rupees through Cash or Demand Drafts or Cheque or Electronic banking. Cheque or draft should be drawn in favour of the bank / post office (Receiving Office), specified in paragraph 7 above and payable at the place where the applications are tendered.

6.    Redemption / Maturity / Exit Option
The Bonds shall be repayable on the expiration of eight years from the date of issue. Pre-mature redemption of the Bond is allowed from fifth year of the date of issue on the interest payment dates. The redemption price shall be fixed in Indian Rupees on the basis of the previous week’s (Monday – Friday) simple average closing price for gold of 999 purity, published by IBJA.

7.   Loan against Bonds
The Bonds may be used as collateral for loans. The Loan to Value ratio will be as applicable to ordinary gold loan mandated by the RBI from time to time. The lien on the Bonds shall be marked in the depository by the authorized banks.

8.  Interest Rate
The investor will be compensated at a fixed rate of 2.75 percent per annum payable semi-annually on the initial investment.

9.  Tax Treatment (Income Tax on interest of Gold Bonds)
Interest on the Bonds shall be taxable as per the provisions of the Income-tax Act, 1961. Capital gains tax treatment will be the same as that for physical gold.

10.  Tradability in Bonds
The Bonds shall be eligible for trading from such date as may be notified by the Reserve Bank of India.

11.   Transferability
The Bonds shall be transferable by execution of an Instrument of transfer as in Form ‘F’, in accordance with the provisions of the Government Securities Act, 2006 (38 of 2006) and the Government Securities Regulations, 2007, published in part III, Section 4 of the Gazette of India dated the 1st December, 2007.

12.   SLR Eligibility
The bonds will be eligible for Statutory Liquidity Ratio

13.   Nomination
Nomination and its cancellation shall be made in Form ‘D’ and Form ‘E’, respectively, in accordance with the provisions of the Government Securities Act, 2006 (38 of 2006) and the Government Securities Regulations, 2007, published in part III, Section 4 of the Gazette of India dated the 1st December, 2007.

Munim.in is a marketplace that helps startup in Company Incorporation, Trademark Registration, Service Tax Registration and other Company Compliance through the most eligible Professional Service Providers.

For more query or guidance, please visit www.munim.in or mail us at contact@munim.in


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Indian Gold Coin and Indian Gold Bullion

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Indian Gold Coin

Indian Gold Coin is a Government Coin marketed by MMTC which is first coin in India to have BIS standard hallmarking. It is the only coin in India to have Ashoka Chakra on one side and Father of nation, Mahatama Gandhi, on the other. The coin is having various security features in its packaging which prevent it from being replicated. The coin is initially available in 5gm, 10gm and 20gm bar.

The Indian Gold Coin is unique in many respects and will carry advanced anti-counterfeit features and tamper-proof packaging that will aid easy recycling.

  1. Purity of Indian Gold Coin: The Indian Gold Coin is available only in 24 KT (999 fineness) Gold Coin.
  2. Denominations:Currently available denominations as of 05th November, 2015, are 5gm, 10gm coin and a Indian Gold Bullion of 20gm. The denominations may increase in future.
  3. Sales Points: At present Indian Gold coins are being sold through designated MMTC outlets.  List is available here.
  4. Pricing: The rates of Indian Gold Coins and bar are independent and different from any of the other schemes and will be update on the Indian Gold Coin website on daily basis.

Munim.in is a marketplace that helps startup in Company Incorporation, Trademark Registration, Service Tax Registration and other Company Compliance through the most eligible Professional Service Providers.

For more query or guidance, please visit www.munim.in or mail us at contact@munim.in


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Gold Monetization Scheme, Sovereign Gold Bond and Indian Gold Coin and Indian Gold Bullion

Prime Minister has launched three Gold schemes on 05th November 2015 to increase circulation of domestic gold in the market.

1. Gold Monetization Scheme
2. Indian Gold Coin and Indian Gold Bullion
3. Sovereign Gold Bond 2015-16 or Gold Bond

Gold Monetization Scheme is related to channelize the domestic gold kept in the lockers in to the market through collection agencies and providing equivalent gold credits in the bank alongwith a certain interest rate. Person wishing to lend gold may go to the collection centers where purity shall be checked and then equivalent gold credits may be deposited in hi/her bank account and the person shall have the option to convert in cash or receive interest on the same or get the gold bar of that much quantity. For more information regarding features, locations and other investment aspects, read more

Indian Gold Coin is a Government Coin marketed by MMTC which is first coin in India to have BIS standard hallmarking. It is the only coin in India to have Ashoka Chakra on one side and Father of nation, Mahatama Gandhi, on the other. The coin is having various security features in its packaging which prevent it from being replicated. The coin is initially available in 5gm, 10gm and 20gm bar. For more information regarding features, locations and other investment aspects, read more



Sovereign Gold Bond is being promoted by RBI, where in the person will be having an option to purchase the gold bond at the market rates. These bonds may be converted in to demat form as well. The bond shall have a tenor / maturity period of 8 years and have an exit option from 5th year. The person shall also receive the interest @ 2.75% per annum on the initial investment. For more information regarding features, locations and other investment aspects, read more

Munim.in is a marketplace that helps startup in Company Incorporation, Trademark Registration, Service Tax Registration and other Company Compliance through the most eligible Professional Service Providers.

For more query or guidance, please visit www.munim.in or mail us at contact@munim.in


Munim Team
Your Personal Munim
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