Loans Vs Advances: Know The Difference Between Loans and Advances
Loans and Advances both share the virtue of acquiring capital via the use of finance, with loans often being for a longer length of time and a defined purpose. When…
Updated GST State Code List and Jurisdiction
On March 19, 2017, the Parliament of India passed the Goods and Services Tax (GST). The GST came into effect in July 2017. It is a multi-stage, comprehensive and destination-based…
The Impact Of General Election On Businesses in 2024
Impact of Elections On Businesses in 2024 General elections in India typically impact businesses in several ways, as they introduce a period of uncertainty and potential policy changes. Here are…
How To Start Handicraft Export Business in India? : A Complete Guide
Handicraft industries have long served as the backbone of India’s rural economy. The handicrafts sector is crucial to the Indian economy because it is one of the nationwide job creators…
Capital Gains Tax – Everything About LTCG & STCG Tax In India
Capital Gains Tax Capital gain is defined as a profit earned by making a sale of any of the capital assets. The profits earned through capital gains are calculated as…
What Is Video KYC? Significance, Benefits & Guidelines
Video KYC was introduced by the Reserve Bank of India (RBI) to enhance the customer identification process while opening a bank account. Either KYC Registration Agencies or Micro-ATMs initiate this…
PLI Textile Scheme – Guide To PLI Scheme In Textile Sector
With the approval of the Production-Linked Incentive (or PLI) schemes for the textile sector, the Indian government aims to boost the production of manufacturing and exporting garments and technical textiles…
Tax Collected at Source (TCS) – Everything You Need To Know
TCS, or tax collection at source, is a feature of the Indian Income Tax Act. A specific tax percentage must be collected from the buyers of extraordinary transactions under these…
What Is TAN? – Application Process, Eligibility Criteria & Importance
Table Of Content What Is A TAN? Tax Collection Account Number, or in short, TAN, is a ten-digit unique number generated for Indian residents by the NSDL (National Securities Depositories…
How GST Registration For MSME Important?
MSME and GST are the topics that are in discussion today. Changes in GST for MSME are huge and sound profitable to them. The immense growth of MSME attracted GST. In…