Emergency Finance-Linked Guarantee Scheme (ECLGS) Scheme
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,…
9 Most Common Challenges In Business Valuation
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)…
Benefits of Business Mircoloans for Women Entrepreneurs
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…
GST Composition Scheme: Meaning, Tax Rates, Apply Online & Eligibility
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…
Expert Tips For Planning Your Business’s Fiscal Year With MSME Loans
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…
How To Start A Scrap Business In India
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…
Gem Portal Registration – Process| Fees| Benefits| Documents
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…
What is The Future Of Ecommerce Industry In India?
In the last few years, there has been a stark increase in e-commerce and online retail transactions across India. From ordering electronics, clothing, and cosmetics to getting daily groceries online,…
Reverse Charge Mechanism In GST- Meaning, Requirements & Examples
You already know that GST is an indirect tax that is applicable on the sale of goods and services. However, did you know that in case of certain transactions, buyers…
6 Proven Risk Mitigation Strategies For Startups
Owning a small business or startup is exciting but comes with its own share of challenges. As a first time small business owner, it is understandable you’ll know everything about…