Section 80-IAC of the Income Tax Act, 1961 allows eligible Indian startups to claim a 100% deduction of profits and gains from an eligible business for any 3 consecutive financial years within their first 10 years of incorporation. The startup must be a DPIIT-recognised Private Limited Company or LLP incorporated…
In India, a "utility patent" is not a separate legal category — it is simply what the rest of the world calls a standard patent. Under the Patents Act, 1970, India grants patents that protect the functional aspects of inventions: new processes, machines, manufactured products, and compositions of matter that…
India files more than 90,000 patent applications a year. Behind every one of those filings — every claim drafted, every examination response filed, every licensing negotiation structured — is a patent professional. And yet one of the most common questions from both inventors and law students is the same: what…
Intellectual property is now a core business asset — for a software startup protecting its platform, a pharmaceutical company defending a formulation, a fashion brand building recognition, or a solo creator monetising their content. The legal professional who protects, enforces, and commercialises these assets is an IP lawyer. But what…