LEGAL BUCKS
π¨ NRI Alert: Still Using Your Indian Savings Account?
As per FEMA & RBI guidelines, once your status changes to NRI, you cannot continue a regular resident savings account in India β
π What should you do?
β Convert your account to NRO / NRE
β Or close your savings account immediately
β οΈ Ignoring this can lead to:
β’ FEMA violations
β’ Heavy penalties πΈ
β’ Tax complications
π No strict deadline, but action should be taken immediately after becoming NRI
π‘ Stay compliant. Stay safe.
βΈ»
π£ Need help with NRI accounts, GST, LLP or compliance?
DM us now!
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Many businesses prefer filing their trademark in black and white instead of a specific color. The main reason is flexibility and broader protection.
When a trademark is registered in black and white, the owner gets protection for the logo or mark in any color combination. This allows the brand to use the same logo in different colors across marketing materials, packaging, websites, and advertisements without needing to file a new trademark application.
However, if a trademark is filed in specific colors, the protection may be limited only to that particular color combination.
In simple terms:
Black & white trademark registration provides wider protection and greater branding flexibility for businesses.
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