Continue reading GSTIN: What is GSTIN Number? - Check & Verify GSTIN/UIN Number Online

GSTIN: What is GSTIN Number? - Check & Verify GSTIN/UIN Number Online

“On July 1st, 2017, the Indian Government implemented the Goods and Services Tax (GST) to simplify the country's tax system. The fundamental goal of putting it in place was to have one nation, one tax, and one market. GST has replaced a slew of central and state taxes including excise, VAT, and service tax. ....
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Continue reading A complete Guide to Prime Ministers Employment Generation Programme (PMEGP)

A complete Guide to Prime Ministers Employment Generation Programme (PMEGP)

“The Prime Ministers Employment Generation Programme (PMEGP) was established on March 31, 2008, by merging the preceding PMRY (Prime Minister Rozgar Yojana) and REGP programmes (Rural Employment Generation Programme). It was a move to combine two programmes with similar goals in order to focus on a single effort to encourage young people to start microbusinesses in the country's rural and urban areas. The administrative....
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Continue reading Benefits of PM Svanidhi Yojana

Benefits of PM Svanidhi Yojana

“PM Street Vendor’s AtmaNirbhar Nidhi, or commonly known as PM Svanidhi Yojana was launched on June 1, 2020, by India’s Hon. Prime Minister Narendra Modi Ji, as an ambitious special micro-credit facility to empower street vendors. In India, many are dependent on street vending to provide for themselves and their families. We see them everywhere, on streets, near railway stations, in trains.....
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Continue reading ICEGATE – Guide on What is ICEGATE and How Does it Work?

ICEGATE – Guide on What is ICEGATE and How Does it Work?

“Customs and Central Excise in India ICEGATE, or Electronic Commerce / Electronic Data Interchange (EC/EDI) Gateway, is a website with more than 8500 users. This commercial site was designed to meet the demands of both traders and cargo management companies who use electronic filing services. This is also used to assist India's customs department's....
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Continue reading GST Registration Online – Steps and Documents Required

GST Registration Online – Steps and Documents Required

“To start with the basics, GST was started by the Government of India to improve the process of charging and collecting taxes in the economic ecosystem. GST registration is where a taxpayer gets themselves registered under GST. The previous taxation system was inconsistent and garnered a lot of confusion. After the introduction of a uniform rate of GST all over the country, it provides consistent and uncomplicated taxation on commodities, irrespective of the....
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Continue reading Tax Benefits on Business Loans in India

Tax Benefits on Business Loans in India

“While the idea of a 'Business Loan’ might not seem very friendly in the beginning, you can’t deny the dynamic potential that it may add to a business. Yes, it is true that with great power comes great responsibility. However, with great business loans, comes great benefits as well! We have curated a list of tax benefits on business loans for you, so your decision of applying for a business loan, doesn’t seem as....
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Continue reading Improve Your Cibil Score for Business Loans

Improve Your Cibil Score for Business Loans

“In contrast to the popular notion, availing of a business loan doesn’t indicate a financial crunch. To help you boost your business during bloomy days and get you through the gloomy days, business loans prove to be a wise choice. In today’s digital era, it has become easier to get a business loan online. Gone are the days when you had to take multiple trips to the bank and that too without the surety of getting a loan....
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Continue reading Government loan schemes for financing MSME businesses

Government loan schemes for financing MSME businesses

“The Micro, Small and Medium business enterprises (MSME) contributes substantially to the GDP of India, often as much as a whopping 40%. It is considered the small scale business sector and it plays a pivotal role in generating employment opportunities in addition to several other benefits. Such businesses fall into both, the organised as well as the unorganized sectors. As lately as in 2016-2017, the MSME Ministry...
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Continue reading Best Small Business Ideas for Villages and Small Towns in India

Best Small Business Ideas for Villages and Small Towns in India

“India has seen significant economic progress in the years after its independence. Various industries have flourished, including automobile, finance, textile, and real estate. With a majority of the population residing in rural India, small-scale industries contribute greatly to the nation’s GDP. The introduction of the ‘Atma Nirbhar Initiative’ by the government....
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Continue reading Aaykar Setu – File Tax Returns with All India ITR’s New App!

Aaykar Setu – File Tax Returns with All India ITR’s New App!

“The Income Tax Department has been taking helpful steps to make the process of paying taxes simpler for us. The Aaykar Setu app is one such step. ‘Aaykar’ means Income Tax and ‘Setu’ means bridge in Hindi. It has a very apt name as it bridges the gap by providing a solution to tax-related queries and providing a better understanding of the taxation process.....
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Continue reading Secured Loans and Unsecured Loans; What’s the Difference?

Secured Loans and Unsecured Loans; What’s the Difference?

“While the lending industry is a field of play for many businesses that are on the path towards growth, one may always find a certain key differentiation within the category of loans; secured loans and unsecured loans. While these two categories build the foundation of every kind of loan that there is, they are also important in helping.....
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