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How to classify my goods / services?

If you want to register your trademark for a range of goods and services, you must include a list of those goods and services in your application. The categories in which the goods and services fall must be listed. As well as the trademark class(es) to which they belong, you should also state the number. Listed below is the general classification for the World Intellectual Property Organization (WIPO) 11th edition Nice Classification, which will be used in Hong Kong Special Administrative Region starting on 1 January, 2022, and will guide you to determine what class(es) your goods and services fall under.

Goods

Class 1

Chemicals for use in industry, science and photography, as well as in agriculture, horticulture and forestry; unprocessed artificial resins, unprocessed plastics; fire extinguishing and fire prevention compositions; tempering and soldering preparations; substances for tanning animal skins and hides; adhesives for use in industry; putties and other paste fillers; compost, manures, fertilizers; biological preparations for use in industry and science.

Class 2

Paints, varnishes, lacquers; preservatives against rust and against deterioration of wood; colorants, dyes; inks for printing, marking and engraving; raw natural resins; metals in foil and powder form for use in painting, decorating, printing and art.

Class 3

Non-medicated cosmetics and toiletry preparations; non-medicated dentifrices; perfumery, essential oils; bleaching preparations and other substances for laundry use; cleaning, polishing, scouring and abrasive preparations.

Class 4

Industrial oils and greases, wax; lubricants; dust absorbing, wetting and binding compositions; fuels and illuminants; candles and wicks for lighting.

Class 5

Pharmaceuticals, medical and veterinary preparations; sanitary preparations for medical purposes; dietetic food and substances adapted for medical or veterinary use, food for babies; dietary supplements for human beings and animals; plasters, materials for dressings; material for stopping teeth, dental wax; disinfectants; preparations for destroying vermin; fungicides, herbicides

Class 6

Common metals and their alloys, ores; metal materials for building and construction; transportable buildings of metal; non-electric cables and wires of common metal; small items of metal hardware; metal containers for storage or transport; safes.

Class 7

Machines, machine tools, power-operated tools; motors and engines, except for land vehicles; machine coupling and transmission components, except for land vehicles; agricultural implements, other than hand-operated hand tools; incubators for eggs; automatic vending machines.

Class 8

Hand tools and implements, hand-operated; cutlery; side arms, except firearms; razors.

Class 9

Scientific, research, navigation, surveying, photographic, cinematographic, audiovisual, optical, weighing, measuring, signalling, detecting, testing, inspecting, life-saving and teaching apparatus and instruments; apparatus and instruments for conducting, switching, transforming, accumulating, regulating or controlling the distribution or use of electricity; apparatus and instruments for recording, transmitting, reproducing or processing sound, images or data; recorded and downloadable media, computer software, blank digital or analogue recording and storage media; mechanisms for coin-operated apparatus; cash registers, calculating devices; computers and computer peripheral devices; diving suits, divers’ masks, ear plugs for divers, nose clips for divers and swimmers, gloves for divers, breathing apparatus for underwater swimming; fire-extinguishing apparatus

Class 10

Surgical, medical, dental and veterinary apparatus and instruments; artificial limbs, eyes and teeth; orthopaedic articles; suture materials; therapeutic and assistive devices adapted for persons with disabilities; massage apparatus; apparatus, devices and articles for nursing infants; sexual activity apparatus, devices and articles.

Class 11

Apparatus and installations for lighting, heating, cooling, steam generating, cooking, drying, ventilating, water supply and sanitary purposes

Class 12

Vehicles; apparatus for locomotion by land, air or water.

Class 13

Firearms; ammunition and projectiles, explosives; fireworks.

Class 14

Precious metals and their alloys; jewellery, precious and semi-precious stones; horological and chronometric instruments.

Class 15

Musical instruments; music stands and stands for musical instruments; conductors’ batons

Class 16

Paper and cardboard; printed matter; bookbinding material; photographs; stationery and office requisites, except furniture; adhesives for stationery or household purposes; drawing materials and materials for artists; paintbrushes; instructional and teaching materials; plastic sheets, films and bags for wrapping and packaging; printers’ type, printing blocks.

Class 17

Unprocessed and semi-processed rubber, gutta-percha, gum, asbestos, mica and substitutes for all these materials; plastics and resins in extruded form for use in manufacture; packing, stopping and insulating materials; flexible pipes, tubes and hoses, not of metal.

Class 18

Leather and imitations of leather; animal skins and hides; luggage and carrying bags; umbrellas and parasols; walking sticks; whips, harness and saddlery; collars, leashes and clothing for animals.

Class 19

Materials, not of metal, for building and construction; rigid pipes, not of metal, for building; asphalt, pitch, tar and bitumen; transportable buildings, not of metal; monuments, not of metal

Class 20

Furniture, mirrors, picture frames; containers, not of metal, for storage or transport; unworked or semi-worked bone, horn, whalebone or mother-of-pearl; shells; meerschaum; yellow amber.

Class 21

Household or kitchen utensils and containers; cookware and tableware, except forks, knives and spoons; combs and sponges; brushes, except paintbrushes; brush-making materials; articles for cleaning purposes; unworked or semi-worked glass, except building glass; glassware, porcelain and earthenware.

Class 22

Ropes and string; nets; tents and tarpaulins; awnings of textile or synthetic materials; sails; sacks for the transport and storage of materials in bulk; padding, cushioning and stuffing materials, except of paper, cardboard, rubber or plastics; raw fibrous textile materials and substitutes therefor.

Class 23

Yarns and threads, for textile use.

Class 24

Textiles and substitutes for textiles; household linen; curtains of textile or plastic.

Class 25

Clothing, footwear, headwear

Class 26

Lace, braid and embroidery, and haberdashery ribbons and bows ; buttons, hooks and eyes, pins and needles; artificial flowers; hair decorations; false hair

Class 27

Carpets, rugs, mats and matting, linoleum and other materials for covering existing floors; wall hangings, not of textile

Class 28

Games, toys and playthings; video game apparatus; gymnastic and sporting articles; decorations for Christmas trees.

Class 29

Meat, fish, poultry and game; meat extracts; preserved, frozen, dried and cooked fruits and vegetables; jellies, jams, compotes; eggs; milk, cheese, butter, yogurt and other milk products; oils and fats for food

Class 30

Coffee, tea, cocoa and substitutes therefor; rice, pasta and noodles; tapioca and sago; flour and preparations made from cereals; bread, pastries and confectionery; chocolate; ice cream, sorbets and other edible ices; sugar, honey, treacle; yeast, baking-powder; salt, seasonings, spices, preserved herbs; vinegar, sauces and other condiments; ice (frozen water)

Class 31

Raw and unprocessed agricultural, aquacultural, horticultural and forestry products; raw and unprocessed grains and seeds; fresh fruits and vegetables, fresh herbs; natural plants and flowers; bulbs, seedlings and seeds for planting; live animals; foodstuffs and beverages for animals; malt.

Class 32

Beers; non-alcoholic beverages; mineral and aerated waters; fruit beverages and fruit juices; syrups and other preparations for making non-alcoholic beverages

Class 33

Alcoholic beverages, except beers; alcoholic preparations for making beverages

Class 34

Tobacco and tobacco substitutes; cigarettes and cigars; electronic cigarettes and oral vaporizers for smokers; smokers’ articles; matches

Services

Class 35

Advertising; business management, organization and administration; office functions.

Class 36

Financial, monetary and banking services; insurance services; real estate affairs.

Class 37

Construction services; installation and repair services; mining extraction, oil and gas drilling.

Class 38

Telecommunications services.

Class 39

Transport; packaging and storage of goods; travel arrangement.

Class 40

Treatment of materials; recycling of waste and trash; air purification and treatment of water; printing services; food and drink preservation.

Class 41

Education; providing of training; entertainment; sporting and cultural activities.

Class 42

Scientific and technological services and research and design relating thereto; industrial analysis, industrial research and industrial design services; quality control and authentication services; design and development of computer hardware and software

Class 43

Services for providing food and drink; temporary accommodation.

Class 44

Medical services; veterinary services; hygienic and beauty care for human beings or animals; agriculture, aquaculture, horticulture and forestry services.

Class 45

Legal services; security services for the physical protection of tangible property and individuals; personal and social services rendered by others to meet the needs of individuals.

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What Is Trademark Objection In India

trademark objection Trademark Objection

Trademark applications must be rigorously scrutinized by the examiner after filing. It is possible for the trademark examiner to reject the trademark registration application that has been submitted. Trademark objections are what cause this rejection. It indicates that the examiner disapproved the application after reviewing it.

Why bother about Objection?

Trademark objections are too common and too frequent in India. A large number of trademark applications are filed every year. More than 60 percent of these applications face objections every year. Thus, you should be extremely careful when filing your application for registration. Regardless of the amount of time you spent drafting the application, the Objection to the trademark takes a short time.

The trademark objection process is complete as soon as a trademark examination report is created. In the report, the trademark is either approved or rejected.

Trademark Objection Reply

It is important to remember that trademark objections are not always fair. Due to this, there is a Trademark Objection Reply. Replies to TM objections must be submitted in a customized manner. Replying to the Objection is basically rebutting each statement made in the Objection. A reasonable response can counter the objection. In the event that the reply is accepted, the trademark is published. It is a matter of the hearing if that is not the case.

Consequently, you need a good reply to your trademark objection application, or else your registration efforts will be in vain.

Consult trademark experts to file Trademark Objection OR reply

Don't worry, there's no need to worry! The Registrationwala team is comprised of trademark advocates, trademark agents, and the best IPR experts in the industry. To counter a trademark objection, they prepare the perfect reply. Furthermore, trademark objection reply fees are also low, so you can also benefit from an affordable response. Therefore, our trademark experts are the ones you should contact if you want to get your trademark published in a trademark journal.

Ø  Eligibility Criteria for Trademark Objection

Ø  Following are the eligibility criteria for Trademark Objection:

Ø  There are two grounds for objecting to trademarks. Here are some of them:

Absolute Grounds:

·       The trademark does not possess any distinctive character.

·       The trademark tells the quality of the product it represents.

·       Whether deliberate or mistaken, the trademark offends specific communities.

Relative Grounds:

o   The trademark can cause confusion among public

o   Documents Required for Trademark Objection

o   To file a Trademark Objection, the following documents are required:

o   Authorization Documents

o   Examination Report of Trademark

o   ID Proof

o   Address Proof

o   Process for Trademark Objection

o   The process to tackle trademark objections is as follows:

o   Check the trademark application status.

o   Analyze. the trademark objection.

o   Draft a reply.

o   File the reply after checking and rechecking.

o   Get feedback for the reply for the said department.

o   The trademark journal will publish your trademark if the reply is accepted.

o   In the case of a rejected trademark reply, your representative will attend the trademark hearing.

o   Our Assistance to file the Trademark Objection 

o   The trademark objection process can be handled by Registrationwala from beginning to end. We provide the following services:

o   Initiating the process and collecting information

o   Drafting the application

o   Making changes to the draft if necessary

Filing the application

It is one of the leading legal consultancy firms in the field of trademark objections, providing a comprehensive range of services.

 If you would like your trademark objection removed, please contact us now.

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How to save income tax in India (for NRI and Resident Taxpayers)

One of the most effective ways to save on tax payments on income earned in a given year is to plan your tax payments appropriately. Income tax act allows deductions for a variety of investments, savings schemes, and expenditures. Through these major tax deduction schemes, you can save nri taxation in india.

Getting a lower TDS certificate and saving tax can be accomplished by scheduling a call with an NRI tax expert.

12 simple ways to save income tax in India

Tax savings options available under various sections of the Income Tax Act include:

1.     Investment options under Section 80C 

2.     These are the most popular tax-saving options for both NRIs (Non-Resident Indians) and local taxpayers. An investment or expense can be deducted up to Rs. 1.5 lakh under Section 80C of the Income Tax Act.

3.     Investing in tax-saver FDs allows you to get a deduction of up to 1.5 lakh rupees. It is taxable in India to earn interest on both domestic and NRO fixed deposits. Thus, NRIs who earn interest on NRO fixed deposits can also claim a deduction of up to Rs. 1,50,000. 

4.     The public provident fund (PPF) allows deductions up to Rs. 1.5 lakh u/s 80C, so you can invest in one to save income tax. Public provident funds can be accessed at most banks and post offices. It is common for PPF accounts to have a lock-in period of 15 years. 

5.     PPF accounts are not available to NRIs, but if you opened the account before becoming an NRI, you can continue to hold it until maturity.

6.     Investing in National Savings Certificates (NSC) offers many tax benefits in addition to its fixed income nature. Currently, the NSC offers a compounded interest rate of 6.8%. Tax benefits are available under Section 80C on investment amounts and interest earnings.

7.     When an NSC account holder becomes an NRI during the account's lifetime, the account can continue until maturity without being repatriated.

8.     ELSS Funds are one of the most popular ways for investors to deduct their investments from taxes. Mutual funds focusing on equity investments normally invest at least 80% of their assets in equity. India allows residents as well as foreigners to invest in ELSS funds in order to reduce their taxable income.

9.     In such cases, the returns will be subject to LTCG taxes at 10%. It is possible to claim up to a maximum deduction of Rs. 1.5 lakh per financial year. In addition to NRIs, normal residents are entitled to the tax exemption under section 80C as well. 

10.  Life insurance premiums up to Rs. 1.5 lakhs are tax deductible for the premiums of ULIPs, term insurance, and endowment policies as long as the insurance coverage exceeds 10 times the annual premium. 

11.  NPS (National Pension System): You can deduct contributions toward NPS up to Rs. 1.5 lakh from your income. The National Pension Scheme also accepts contributions from NRIs.  

12.  Contributions to Employee Provident Funds (EPF) count towards Section 80C's limit of Rs. 1.5 lakh. Repayment of housing loans can be deducted from income up to Rs. 1.5 lakh per year.

 Tax savings schemes other than Section 80C

Besides deductions under Section 80C, Section 80 of the IT Act provides a variety of deductions for saving income taxes.

Section 80D allows a deduction of up to 25,000 rupees for premiums paid for medical insurance. For senior citizens, this amount is Rs. 50,000. The deduction can be claimed by a person paying premium for himself and for his senior citizens parents up to Rs. 75,000 a year. 

Tax deduction on home loan interest: A home loan interest payment is tax deductible up to Rs. 2 lakh per annum under Section 24 of the Income Tax Act. As part of the regulations under section 80EE of the Income Tax Act, you can deduct interest on home loans up to Rs. 50,000. 

Earnings from foreign earnings deposited in NRE accounts: NRIs can deposit foreign earnings in their NRE accounts in India and earn interest on them. India taxes interest earned on NRE savings accounts and fixed deposits. Non-residents can therefore save income tax by saving funds in an NRE account. 

Those notified of charitable donations are eligible to deduct their donations. A charitable contribution cannot exceed a certain amount in terms of tax deduction. There is a limit of 50% of your donation to NGOs as well as a maximum of 10% of your adjusted household income for most donations.  

Income tax in India can be saved in a variety of ways, but understanding the tax laws can be challenging, especially for NRIs due to a complicated tax system. There is a possibility that NRIs will miss out on deductions and other benefits. We understand the struggle you are facing at SBNRI. 

The SBNRI App lets you connect with our NRI Tax Experts to learn about new TDS and TCS rules for NRIs. Our team will also assist you with the NRI tax filing process from start to finish. 

Moreover, SBNRI will assist you in obtaining a lower TDS certificate in order to reduce the tax payable. If you have any questions, you can also click the button below. More information is available on our blog and YouTube channel.

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The Concept of Taxation for NRI

There is a concern about income tax for both citizens and NRIs, although the rules could differ. In general, an NRI is someone who has an Indian passport and has temporarily migrated to another country for employment, residence, education or another reason for at least six months. Visit legal services to find out more about the nri taxation in india.

When an Indian citizen leaves the country for work abroad or to work on an Indian ship and spends fewer than 182 days in India in a year, he or she is considered a nonresident.

The taxability of an individual in India is dependent on whether the individual is a NRI or not.

Among the income tax regulations NRIs should be aware of are the following:

 1.     A non-resident Indian (NRI) has to pay tax on any income he or she accumulates in India or receives in India. The income received in India is taxable, including salaries, rental income, interest income from savings accounts, and capital gains on the sale of assets. An NRI must file a return if his/her salary is higher than the basic exemption limit for the year. NRIs are also required to file income tax returns if they want to claim tax refunds or carry forward losses.

2.     Foreign income earned by an NRI returning to India for good is not immediately taxable in India if the person returns forever. In tax plans, NRIs who have been non-resident for nine consecutive years continue to be RNORs (Resident but Not Ordinarily Resident) for two years, which is a transitional status between being NRIs and converting into Indian citizens. Unless a returning NRI has a business or profession run from India, any profit obtained outside the country will not be assessed in India until they become residents, which usually takes about two years. The income he receives outside of India (including income from India) is taxed once he becomes a resident.

3.     A Budget announcement stated that NRIs without PAN would not be subject to a higher rate of TDS (tax deducted at source). Earlier, an NRI without a PAN had to pay 20 percent tax or whatever the rate was in effect. New rules stipulate that an NRI need not provide his PAN to avoid paying the higher tax if he provides the documents specified under recently notified rules instead.

4.     Upon returning to India, an NRI will have to declare all foreign assets and income in his income tax return if he becomes an Ordinary Resident for the year. The Undisclosed Foreign Income and Assets Bill 2015 imposes harsh punishments on those who do not disclose their foreign income and assets. Unaccounted wealth will be assessed under the new legislation on unaccounted wealth instead of under the Income Tax Act.

5.     NRIs cannot open Public Provident Fund accounts (PPF). Individuals who already have PPF accounts before becoming NRIs can maintain them up until their maturity, however. The NRI will have the option of absolving the returns at maturity in their home country and will not be able to continue after the required lock-in period of 15 years. A matured account that has not been tended to after maturity will be recognized as "extended without contribution."

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What do online bookkeeping services do?

You have the option of choosing the online bookkeeping service that fits your business best and is at a price you can afford.

Formation and organization

How you manage your business's finances is closely related to how you structure it. The provision of financial services is usually separated from that of legal services. It is confusing, inconvenient and costly for first-time small business owners to deal with all of that.

In most cases, contract bookkeepers and online accounting software won't help you form an LLC or file taxes with the IRS.

Collective offers support for company formation as part of our outsourced accounting services.

Set up an LLC in your state

·       Create an operating agreement

·       Get your tax ID number from the IRS

·       File an S Corp election with the IRS

·       Register your company as an employer in your state

·       Provide a Registered Agent (i.e. someone authorized to handle your tax and legal stuff)

·       Support you in annual filing for business registration and licenses in your state

Taxes and tax planning

It is common for bookkeeping services to offer some sort of tax assistance. Depending on the service you use, you might need to pay more or less.

It is highly recommended that you work with an accountant (CPA) or IRS Enrolled Agent (EA) for complete tax support. The job of a bookkeeper is to keep your financial records in order to prepare for tax time, but the bookkeeper cannot prepare and file your tax returns for you.

A tax professional can help you with:

·       Quarterly tax estimates

·       Salary recommendations to meet IRS S Corp requirements

·       Business and individual state and federal income tax returns

Tax planning throughout the year to stay compliant and minimize your tax bill

You will probably need a separate accountant to help with taxes if you hire a virtual bookkeeper for your year-round financial needs. The services of some CPAs include year-round bookkeeping, while others specialize in tax preparation and planning only.

The majority of online bookkeeping software provides quarterly tax estimates and reports if you subscribe to the software at a high enough level. During tax season, you can pay a special fee to work one-on-one with a tax professional.

In addition to our full tax support, Collective's outsourced bookkeeping service is available on a monthly basis.

Accounting

The majority of bookkeeping services include some form of accounting. Basic accounting tasks, which are basically just financial recordkeeping, can be handled by any bookkeeper, or by software designed for bookkeeping.

Keeping track of your income and expenses in the business requires a bookkeeper or accounting software. This is important for taxes and reporting. In addition, it is important internally. By keeping costs under control, you can price your products or services intelligently.

It is not unusual for larger businesses to need CPAs to handle more complex accounting. In addition to being certified in various types of accounting, they are familiar with the standard accounting practices that are used across industries. 

Even if you have contractors or just a few employees, simple bookkeeping is usually enough for a Business-of-One. In most cases, you will only need the support of a CPA when filing your taxes.

Invoicing

You may receive monthly payments from clients or customers based on the kind of business you run.

It's probably something you've already done yourself. But it takes a long time! A person who is skilled in data entry and tracking can assist you even if they don't have any expertise in accounting or bookkeeping. 

Bookkeepers often use similar software to track accounts receivable (money owed to a company), so they can handle invoicing as well.

Payroll and bill payment

Payroll taxes and issuing tax forms for employees and contractors can be time consuming and confusing.

Small and large businesses use Gusto to simplify payroll and taxes, from contractors to organizations with several employees and robust benefits packages. What is the drawback? There is no accounting component to this payroll service.

It's available through Collective, though! We provide all the accounting and tax services you need, including a free Gusto subscription, unlimited payroll runs, and W-2 and 1099 filing.

In some cases, online accounting software offers payroll upgrades, but not tax payments and forms.