Trademark Registration Charges Increased as Part of Digital India

After an announcement more than 2 years ago, Government of India acts on a prices hike for Intellectual Property. Click here for the original announcement.

1. Registration prices increased by 12.5%

Originally, the proposal was to set the prices to Rs 8000/- a jump of 100%. Registration charges in US are $225 (Rs 15000)

2. Physical application prices increased by 25%

As a part of Digital India initiative, Government is encouraging more online filings than physical filings. This is evident by the increase in physical application filings

An attempt is made to encourage an Electronic mode of communication between the Registrar and applicant to enhance transparency and reduce the processing time.

3. New forms introduced

Most of the redundant provisions in the existing Trade Mark Rules, 2002 are done away with. The new forms will streamline the Registration Process.

It is just an estimation that government increased the fees of Trademark registration after successful 13 months (almost a year) of launching Startup India. It is a great gap to create a brand by any entrepreneur. Most entrepreneurs will apply for trademark registration this year.

India business trend keeps on increasing which directly relates to more brands and more trademark registration.

It is time for India to brace themselves and move towards to the great future and fulfil the dream of Make in India and conquer the world. Let the lion came out of the cage and show the world that who is king of the jungle.