Trademark is an intellectual property consisting of recognizable sign or design in order to identify products or services from a specific source, although trademarks that are used to identify services are called service marks.

A trademark is basically any word, name, symbol etc. which is used to identify and distinguish products or services of one specific seller or service provider from those of other competitors in the market. It also indicates the source of the products or services.

It is a mandate issued by Govt. of India who basically try to save tax and keep oneself from the cascading effect of tax.

The TM logo indicates an unregistered trademark which is still distinguished from similar products or services. According to the Trademark Act, an unregistered Trademark does not get total protection and cannot prevent a third party from using the same mark.

A Trademark classification is a procedure by which examiners and the trademark attorneys arrange the required documents including trademark and service mark application, according to the description of goods to which the marks are applicable.

Filing a Trademark application usually takes around 18-24 months.

Trademark filing requires the below-mentioned documents
Copy of Logo (optional)
Signed Form-48.
Incorporation Certificate or Partnership Deed.
Identity Proof of Signatory.
Address proof of the applicant

Once the trademark application is successful, you receive an acknowledgement providing you the right to use the TM symbol. After the registration of it, you can use the ® symbol.

Though you can’t get the word but still all is not lost. You can design a unique logo instead for your business and include the name in it like BMW. The name is within the logo making it a great example. A prefix could also be permissible. This is known as a logo composite mark. Though there is a way out, it is best to have a unique name.

The approval of the trademark completely depends on the judgment of the Government. But, if the trademark is unique, then there is a nice chance that it will be granted.

Copyright
It protects original works in the form of intellectual property (literary, dramatic, musical, artistic etc.). A business can copyright its books, reports, audio or video materials.
Trademark
It protects words, names, symbols, colors etc that distinguish products and services from those of others. It indicates the source of the goods. A company can register its business name, logos, slogans, etc that creates the brand image of a company.
Patent
Government grants an exclusive right to an inventor for an invention for a limited period of time in exchange for the disclosure of the discovery to the general public.

A name (personal or surname of the applicant or the person’s signature)
A newly coined or invented word or any other arbitrary word from dictionary, not being vividly descriptive of the character or quality of the product or service
Alphanumeric or letters or numerals or combination of them Image, Symbol, Monograms, 3D shapes, letters etc. Sound marks in audio format.

Registered Trademarks are valid for 10 years from the date of filing the application. The trademark owner can file for renewal of the trademark to keep it protected for more time prior to the end of the validity.