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…
As per a report by the Energy and Resources Institute (TERI), India generates over 62 million tons of scrap waste every year. Out of this, approximately 45 million tons are…
In recent years, the Government of India has been employing numerous steps when it comes to digitization of various sectors, including the procurement sector. One such great initiative is the…
