What are the points to remember regarding the monetary transactions for a trademark?
First and foremost, trademarking a brand name is not free of cost. The official trademark fee in India is rupees nine thousand only. A person could claim a reduction in the official fee and avail of up to a discount of 50% on some predetermined grounds. It includes the following
• The applicant is a single entity, not connected to any establishment.
• The applicant is a start-up or a flagship project.
• The applicant is an owner of a 'small enterprise.
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