Introduction: What is the MSME Scheme? In India, there are almost 6.3 crore Micro, Small and Medium Enterprises (MSMEs) that are making their active contribution in raising the GDP rate of India by getting involved in the business of trade both at the national and international level. MSMEs have been considered the country’s backbone for …
Read MoreEmpowering women is empowering the nation, and countries across the globe accentuate its importance, more than ever. Multiple initiatives are on the rounds and the issues businesswomen face are highly addressed and brought into the limelight to have them sorted. The government of India has brought forth Schemes for Women, to help put the word …
Read MoreThe Indian government has launched a new initiative, “Make In India,” to encourage and support more SMEs and integrate them into India’s growth trajectory. Access to money is the most difficult task for SMEs today. To combat unemployment in our country, the government has launched different lending packages for small firms. Small Business Loan Scheme, …
Read MoreFinancial assistance is critical not only for starting a business but also for its survival and growth. There are various ways for a new business or an MSME to gain capital funding. However, there is nothing better than availing it from a credible and secured source. The Prime Minister’s Employment Generation Programme (PMEGP) is a …
Read MoreIndia is one of the fuelling economies in the world and a major part of this credit goes to the SME and the MSME sector. This sector contributes almost 40% to the economy and provides employment to around 70% of the nation’s population. To bridge the gap between the capital required and the scope of …
Read MoreComposition Scheme Under GST Latest Updates: Composition Scheme limit hiked to Rs 1.5 Crore from April1-2019 says Finance Minister Shri Arun Jaitley Composition scheme under GST The Goods and Service Tax, aka GST, has been a game changer in the field for accounting purposes in business. It has cut down on all the overhead various …
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