Saturday, March 3, 2012

Financial Consultancy


Financial Consultancy

We are proficient services providers offering financial consultancy to our esteemed clients all across the country. With dedicated team of professionals and ethical business policies we successfully meet the requirements of our valuable customers and various industries in different parts of the country. We are widely appreciated owing to our unmatched services in financial and technical services.
Preparation Of Project Reports
We are adept in preparation of project reports & liaison with bank. With efficient and qualified legal advisors and financial consultants we are able to offer best possible preparation of documentation as per bank requirement & arrangement of bank finance i.e. term loan & working capital.
Application To DIC and Different Departments  For Subsidy
Leveraging on our expertise in this realm we are able to provide effective solutions to our clients in different part of the country offering application to DIC for subsidy. Over the years we have been providing total satisfactory services to our clients rendering the following:
1.      Submission of application form as per the Subsidy norms
2.      Arranging pre & post inspection of department  officials
3.      Get the subsidy sanctioned i.e. Eligibility Certificate
                                        
For more details call us to discuss how we can help you or  visit us at www.vitalconsulting.co.in
Head/ Work Office
VITAL CONSULTING
Contact Person: Rakesh Dwivedi 
VITAL CONSULTING,
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi, INDIA PIN - 110 034
Phone (Off): +(91)-9716041789           Mobile: +(91)-97162-31789, 97162-57859
E-mail: vitalconsultingindia@gmail.com   , info@vitalconsuling.co.in URL: www.vitalconsulting.co.in



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Saturday, December 3, 2011

Trademark Registration in India


Trademark Registration in India
Registration of Trademarks in India governed by the Indian Trade Marks Act, 1999 & Indian Trade Marks Rules, 2002 (and amendments thereof). The Trademark Act & Trademark Rules seeks to provide for the registration of trademarks relating to goods and services in India. The rights granted under the Act, are operative in the whole of India.

What is Trademark?
A Trademark is a sign that is used to distinguish the goods and services of one party from those of others. A Trademark can be a letter, number, word, phrase, logo, graphic, shape, smell, sound or combination of these things.

What are the benefits of Trademark Registration in India?

A Trademark helps the consumers to identify and purchase a good or service because of its nature and quality, indicated by its unique Trademark, to meet their needs. By registering a Trademark, the owner of the Trademark protects the goodwill of the business. Hence, the Trademark contributes to the commercial value of the goods or services to which it is applied, and increases the marketability.

The registered owner of a Trademark receives the presumptive right of the Trademark owner to use the Trademark and can indicate it by using the Trademark symbol ™ or ® in relation of those goods and services for which the owner has registered the Trademark.

 The registered Trademark owner can stop other traders from using his Trademark unlawfully. The registered owner of a Trademark can sue other traders for recovery of profits, damages and costs in case of Trademark infringement.

Trademark provides the guarantee for the unchanged quality and helps in creating and advertising the goods and services in public.

It serves as a constructive notice in general public about the ownership claim of the Trademark. Registration of Trademark in India can be used as a basis of registration of Trademark in other countries.



What marks are registrable in India?

All marks used in the trade are not registrable. The trademark law does not provide for the registration of all marks used in trade and business. Marks those satisfy certain requirements are only registrable. Therefore a mark which satisfies the prescribed requirements could be registered. Here it is very pertinent to know the requirements that a mark should satisfy for registration. The requirements that a mark should satisfy are as follows.
1. The mark should be capable of being represented graphically.
2. The mark should be capable of distinguishing the goods or services of one from those of others.
3. The mark must be used in relation to goods or services for the purpose of indicating or so as to indicate a connection in the course of trade between the goods and services.

What marks are not registrable in India?

Certain trademarks are not registrable either in the public interest or due to the prohibition of such marks from registration in India under the statute for various reasons. The following marks are accordingly not registrable.
1. Mark that contains or comprises of any matter likely to hurt the religious susceptibilities of any class or section of the citizens of India;
2. Mark that comprises or contains scandalous or obscene matter;
3. Mark which has the nature as to deceive the public or cause confusion;
4. Mark prohibited under the Emblems and Name (prevention of Improper use) Act, 1950;
5. Mark consisting exclusively the shape of goods which results from the nature of the goods themselves;
6. Mark containing the shape of goods which is necessary to obtain a technical result or the shape, which gives substantial value to the goods.

What are the grounds for refusal of Trademarks in India?
According to the trademarks law grounds for refusal for Trademark registration in India can be divided into two headings as absolute grounds and relative grounds. The following grounds are considered as grounds for the refusal of the registration of a mark in India.

Absolute grounds for refusal of Trademark registration in India are:
1. Marks devoid of any distinctive character or not capable of distinguishing the goods or services of one person from those of others.
2. Marks which indicates quality or other descriptive character of the goods or services.
3. Marks which have become customary in the current language or in the bona fide or established practice of the trade.
4. Marks to the trade or generic names or marks common, chemical names and international non-proprietary names.
5. Marks likely deceive public or cause confusion.
6. Marks comprising scandalous or obscene matter or likely to hurt religious susceptibilities of any class or section of the citizens in India.
7. Marks prohibited under Emblems and Names (Prevention of Improper Use) Act, 1950.
8. Marks shape of which results from the nature of the goods themselves.
9. Marks the shape of which is necessary to obtain a technical result.
10. Marks the shape of which gives substantial value of the goods.


Relative grounds for refusal of Trademark registration in India are:
1. Marks which are identical or similar to an earlier Trademark and the respective goods or services are identical or similar.
2. Mark which are identical or similar to an earlier Trademark, but the goods or services are not similar. The question of refusal of registration of a mark similar to an earlier Trademark where the goods are different can be considered only in opposition proceedings.
3. Marks under passing off or law of copyright.



WE provide trademark Registration Consultants @ Rs 2500 only (Excluding the govt  fee)

VITAL CONSULTING,
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi, INDIA PIN - 110 034
Phone: +(91)-97160-41789, 9716231789, 9716257859
E-mail:
vitalconsultingindia@gmail.com, vitalcertifications@gmail.com
URL: www.vitalcertifications.com, 

Tuesday, November 15, 2011

ISO 9001:2008 QMS Certification @ Rs. 15000


Get   ISO 9001:2008  QMS Certification @ Rs. 15000   * T&C

Dear Sir,
ISO 9001 Quality Management System is the most successful tool for improving business process of an organization. Known for it's process approach and customer centric requirement, ISO 9001:2008 has become the most sought after standard by the organizations across industry verticals.

 
Today, when customer is the king, economy is rapidly moving forward, construction industry is showing 20% CAGR and business environment dynamic, any organization in the field of construction needs to have a well defined, robust and results oriented management system to achieve sustainable competitive advantage in the market place.

Traditionally manufacturing and in recent times service industries have achieved remarkable benefits in business processes and performance by adopting a well defined quality management system. The same benefits can be achieved by the construction & real estate development industry if they implement an ISO 9001:2008 quality management system.

 
Thus,
ISO 9001:2008 Quality Management System is the best tool available to increase productivity, streamline operations, increase customer satisfaction and improve profit margins through superior quality of product, process and service.

 
 
A well established ISO 9001:2008 quality management system delivers the following benefits to construction industry. 
  • Consistent and effective control of key processes and project management.
  • Promotion and standardization of good working practices.
  • Provision of a vehicle for training new employees.
  • Effective management of risk and improved crisis management.
  • More effective data analysis, generation of key performance metrics and continual improvement objectives.
  • Greater emphasis on communication, leadership, change management and adequacy of training.
  • A planning and review process which ensures the system in place remains suitable, effective and capable of identifying new opportunities.
  • Effective remote site management, accountability and contractual control.
  • Promoting control of suppliers and subcontractors and the development of effective supply chain management.
  • World-wide recognition and improved market image.
      

     
Tangible of ISO 9001:2008 Quality Management System
In a survey conducted on ISO 9001 certified companies in construction industry, the following interesting results were observed.
  • 30% Reduction in customer complaints
  • 95% improvement in delivery time
  • Reduced defects from 3% to 0.5%
  • 40% reduction in product cycle time.
  • 20% increase in on-time delivery

 

Time required for ISO 9001 certification and cost implication:-
Time required for ISO 9001 quality management consultancy and certification for construction companies varies from 2 months to 6 months depending on size and nature of complexity of an organization.  Ideally speaking, money spent on ISO 9001 quality management system implementation and certification is an investment that pays back very heavily in time to come. Total investment in ISO 9001 consultancy and certification varies from Rs. 15000/- to 2,00,000/- as per size and nature of an organization.
 
  
Vital Consulting can help you implement
ISO 9001 in your organization in the most effective, economical and result oriented manner. With Vital Consulting, your ISO 9001 certification is 100% assured with resultant improvements in your business processes and performance.
We are associated with many certification bodies to select you the best accreditations and economical certification

For more details call us to discuss how we can help you or  visit us at
www.vitalconsulting.co.in or www.vitalgroup.in or mail  at  info@vitalconsulting.co.in or vitalconsultingindia@gmail.com   
 


Sincere Regards,

Rakesh Dwivedi
Head-Strategic Business
 
VITAL CONSULTING
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: vitalconsultingindia@gmail.com , info@vitalconsuling.co.in
URL:www.vitalconsulting.co.in , www.vitalgroup.in
Blog :http://vitalconsulting.blogspot.com
*Group*: http://groups.google.com/group/msme-consulting<http://groups.google.com/group/msme-consulting>

Friday, November 4, 2011

NSIC–ONICRA PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (NSIC) appointed as the nodal agency for the implementation of the schem


Dear Sir,  



NSIC–ONICRA PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (NSIC) appointed as the nodal agency for the implementation of the scheme.
               
 OBJECTIVE OF THE SCHEME
·        To enhance the acceptability of SSI units with Banks & Financial institutions & Buyers.
·        To meet the opportunities & challenges in the changing Global economic scenario.

SCHEME FEATURES

  • Govt. Of India Scheme.
  • Approved By Indian Banks Association (IBA).
  • 75 % Subsidy on the Rating Fee by Ministry of SSI.
  • A combination of credit and performance factors including operations, finance, business and management.
  • Turnover based Fee structure
  • An independent, trusted third party opinion on capabilities and credit-worthiness of SSIs
 BENEFITS TO SSI
                                                      
·        Re-calibration of Interest Rates by Banks.
·        Waiver of Collateral.
·        Recognition in global trade
·        Prompt sanctions of Credit from Banks and Financial Institutions
·        Facilitate vendors/buyers in capability and capacity assessment of SSIs
·        Enable SSIs to ascertain the strengths and weaknesses of their existing operations and take corrective measures.
·        Privilege benefits as per policy


OTHER STATUTORY REASONS

·        RBI Proposes to Increase Risk Weightage on all unrated Loans to 150%from 100% (EconomicTimes:12 April, 2007)
·        BaselII norms require banks to assign risk Weightage based on the credit rating of the borrower. (EconomicTimes:18 April, 2007)
·        Nationalized  banks like Bank of India, OBC, Central Bank of India, PNB, Bank of Maharashtra, State bank of Mysore, UCO Bank, Union Bank of India and many more are reducing rates of interest based on the rating

LONG TERM BENEFITS TO SSI
  • HEALTH CHECK AT SUBSIDIZED RATES CREATING AWARENESS on strength and weakness and take corrective measures.

























I believe that the  NSIC Performance and Credit Rating  can be the foundation for the mission of Madhya Pradesh's prosperity leading to the creation of Madhya Pradesh as a great State.


We are very much interested to listen from you to avail this opportunity extended to the entrepreneurs of Madhya Pradesh for  success in their mission of transforming their State into a developed State by 2016.

Please let us know how we can work together closely to educate the industries to get maximum benefit of the scheme.

Thanking  You

 
VITAL CERTIFICATIONS AND BENCHMARKINGS


H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: info@vitalvertifications.com
vitalcertifications@gmail.com
vitalconsultingindia@gmail.com ,

Sunday, October 30, 2011

NSIC–ONICRA PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (NSIC) appointed as the nodal agency for the implementation of the scheme.

PLS. IGNORE IF YOU ARE NOT AN REGD SSI UNIT

Dear Sir,  



NSIC–ONICRA PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (NSIC) appointed as the nodal agency for the implementation of the scheme.
               
 OBJECTIVE OF THE SCHEME
·        To enhance the acceptability of SSI units with Banks & Financial institutions & Buyers.
·        To meet the opportunities & challenges in the changing Global economic scenario.

SCHEME FEATURES

  • Govt. Of India Scheme.
  • Approved By Indian Banks Association (IBA).
  • 75 % Subsidy on the Rating Fee by Ministry of SSI.
  • A combination of credit and performance factors including operations, finance, business and management.
  • Turnover based Fee structure
  • An independent, trusted third party opinion on capabilities and credit-worthiness of SSIs
 BENEFITS TO SSI
                                                      
·        Re-calibration of Interest Rates by Banks.
·        Waiver of Collateral.
·        Recognition in global trade
·        Prompt sanctions of Credit from Banks and Financial Institutions
·        Facilitate vendors/buyers in capability and capacity assessment of SSIs
·        Enable SSIs to ascertain the strengths and weaknesses of their existing operations and take corrective measures.
·        Privilege benefits as per policy


OTHER STATUTORY REASONS

·        RBI Proposes to Increase Risk Weightage on all unrated Loans to 150%from 100% (EconomicTimes:12 April, 2007)
·        BaselII norms require banks to assign risk Weightage based on the credit rating of the borrower. (EconomicTimes:18 April, 2007)
·        Nationalized  banks like Bank of India, OBC, Central Bank of India, PNB, Bank of Maharashtra, State bank of Mysore, UCO Bank, Union Bank of India and many more are reducing rates of interest based on the rating

LONG TERM BENEFITS TO SSI
  • HEALTH CHECK AT SUBSIDIZED RATES CREATING AWARENESS on strength and weakness and take corrective measures.

























I believe that the  NSIC Performance and Credit Rating  can be the foundation for the mission of Madhya Pradesh's prosperity leading to the creation of Madhya Pradesh as a great State.


We are very much interested to listen from you to avail this opportunity extended to the entrepreneurs of Madhya Pradesh for  success in their mission of transforming their State into a developed State by 2016.

Please let us know how we can work together closely to educate the industries to get maximum benefit of the scheme.

Thanking  You

 
VITAL CERTIFICATIONS AND BENCHMARKINGS


H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: info@vitalvertifications.com
vitalcertifications@gmail.com
vitalconsultingindia@gmail.com ,
Websites : www.vitalcertifications.com,  www.vitalconsulting.co.in 

Saturday, September 17, 2011

Enlistment of an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory


Enlistment of an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory.



Dear  Importer,  

This is to bring  into your attention that  Ministry of Finance, India has made it mandatory to an Indian Agent of Foreign  Principals under the ‘CompulsoryEnlistment Scheme’ of the Department of Expenditure of the Ministry of Finance. Vide CIRCULAR NO.12 Dated: 17 September 2009   of DGS&D .  According to the circular , the Enlistment with DGS&D as an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance compulsory. In terms of the Ministry of Finance Department of Expenditure O.M.No.F.23(1- EII (A)/89 dated 31.1.89 followed by their O.A. No.F.23(1)-EII(A) dated 24.11.89 and also in terms DGS&D Manual para 9.8.2(i) , DGS&D has been enlisting Indian Agents of Foreign Principals.

Due to changed economic scenario owing to liberalized economic policy and free importation of goods in the recent past, questions were raised as to whether the scheme was still relevant and whether the objectives set out were met. The matter was therefore referred to Department of Expenditure, Ministry of Finance for a review of scheme. In the meantime, DGS&D continued to  enlist Agents of Foreign Principals  only for such items which fall under the restricted list of Foreign Trade policy vide circular dated 11.2.2004 referred to above under intimation to Department of Expenditure.

Department of Expenditure however, intimated that the Scheme as stipulated in Rule 143 of GFR 2005 has been retained without any change after considering all aspects and requested DGS&D to enlist Indian Agents as per provisions of new GFR.

Accordingly, DGS&D will henceforth enlist Indian Agents of Foreign Principals for all items except for the prohibited items as per the Foreign Trade Policy of Govt. of India. Such enlistment shall however have a provision that onus for verifying the authenticity of agency agreement or the validity of authority to import or compliance
of any statutory requirements of import or the quality of the stores to be supplied rests with the purchasers.


The application form and enlistment certificate have been updated and revised accordingly. For all enlistments in future, only revised forms shall be used (copies enclosed).

  ===============================================================
We Provide Consultancy, Documentation and Liasoning for compulsory Enlistment with DGS&D as an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance.
 We can help you to get you registered with DGS&D for the above compliance.  For more details call us to discuss how we can help you or  visit us at  www.vitalconsulting.co.in

Sincere Regards,

Rakesh Dwivedi
Head-Strategic Business
VITAL CERTIFICATIONS AND BENCHMARKINGS
(a division of VITAL CONSULTING) 
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859 
Direct: (M)+(91)-, 97160-41789, 97162-31789
E-mail: vitalcertifications@gmail.com , info@vitalcertifications.com
URL:www.vitalcertifications.com , 
www.vitalconsulting.co.in,vitalconsultingindia@gmail.com
Blog :http://vital-certifications.blogspot.com
*Group*: http://groups.google.com/group/msme-consulting<http://groups.google.com/group/msme-consulting

Wednesday, September 7, 2011

Enlistment of an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory


Enlistment of an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory.



Dear  Importer,  

This is to bring  into your attention that  Ministry of Finance, India has made it mandatory to an Indian Agent of Foreign  Principals under the ‘CompulsoryEnlistment Scheme’ of the Department of Expenditure of the Ministry of Finance. Vide CIRCULAR NO.12 Dated: 17 September 2009   of DGS&D .  According to the circular , the Enlistment with DGS&D as an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance compulsory. In terms of the Ministry of Finance Department of Expenditure O.M.No.F.23(1- EII (A)/89 dated 31.1.89 followed by their O.A. No.F.23(1)-EII(A) dated 24.11.89 and also in terms DGS&D Manual para 9.8.2(i) , DGS&D has been enlisting Indian Agents of Foreign Principals.

Due to changed economic scenario owing to liberalized economic policy and free importation of goods in the recent past, questions were raised as to whether the scheme was still relevant and whether the objectives set out were met. The matter was therefore referred to Department of Expenditure, Ministry of Finance for a review of scheme. In the meantime, DGS&D continued to  enlist Agents of Foreign Principals  only for such items which fall under the restricted list of Foreign Trade policy vide circular dated 11.2.2004 referred to above under intimation to Department of Expenditure.

Department of Expenditure however, intimated that the Scheme as stipulated in Rule 143 of GFR 2005 has been retained without any change after considering all aspects and requested DGS&D to enlist Indian Agents as per provisions of new GFR.

Accordingly, DGS&D will henceforth enlist Indian Agents of Foreign Principals for all items except for the prohibited items as per the Foreign Trade Policy of Govt. of India. Such enlistment shall however have a provision that onus for verifying the authenticity of agency agreement or the validity of authority to import or compliance
of any statutory requirements of import or the quality of the stores to be supplied rests with the purchasers.


The application form and enlistment certificate have been updated and revised accordingly. For all enlistments in future, only revised forms shall be used (copies enclosed).

  ===============================================================
We Provide Consultancy, Documentation and Liasoning for compulsory Enlistment with DGS&D as an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance.
 We can help you to get you registered with DGS&D for the above compliance.  For more details call us to discuss how we can help you or  visit us at  www.vitalconsulting.co.in

Sincere Regards,

Rakesh Dwivedi
Head-Strategic Business
VITAL CERTIFICATIONS AND BENCHMARKINGS
(a division of VITAL CONSULTING) 
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859 
Direct: (M)+(91)-, 97160-41789, 97162-31789
E-mail: vitalcertifications@gmail.com , info@vitalcertifications.com
URL:www.vitalcertifications.com , 
www.vitalconsulting.co.in,vitalconsultingindia@gmail.com
Blog :http://vital-certifications.blogspot.com
*Group*: http://groups.google.com/group/msme-consulting<http://groups.google.com/group/msme-consulting