A GST return, which includes details about all of the taxpayer’s revenue, sales, and/or expenses as well as purchases, must be filed to the tax administration authorities by each GST-registered…

The National Bank for Agriculture and Rural Development, also known as NABARD, is a development bank in India. It focuses on rural development. It was established on 12 July 1982,…

A cash flow statement monitors the influx and outflow of funds and offers details about the financial stability and operational effectiveness of a business. An essential financial document that gives…

Goods and Services Tax (GST) are imposed on the majority of goods and services that are sold for domestic use. Although customers pay the GST to the government, the companies…

Starting from FY 2024-25, there’s a new payment rule that buyers must adhere to while availing services from Micro, Small and Medium Sized Enterprises (MSMEs).   According to the income tax…

The COVID-19 pandemic and subsequent lockdowns dealt a severe blow to micro, small and medium enterprises (MSMEs) across India. With revenues drying up and operational costs still to be met,…

Considering today’s highly competitive business markets, determining business valuation can be a bit of a challenge. This is especially a daunting task for startups and small and medium-sized enterprises (SMEs)…

Microloans provide small amounts of financing, usually between Rs. 10,000 to Rs. 50,000, to low-income women entrepreneurs who cannot access traditional bank loans or lines of credit. Microloans feature short…

To support the development of small businesses, the Indian Government introduced the GST composition scheme which enabled eligible taxpayers to pay GST with lesser compliance and at lower rates. Keep…

Planning your financial year in advance is crucial for any small business owner looking to establish a stable enterprise over the long term. That being said, a substantial part of…