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Union Budget 2022 - Highlights for MSMEs

Union Budget 2022 – Highlights for MSMEs

Nirmala Sitharaman, India’s Minister of Finance and Corporate Affairs delivered the Union Budget 2022 on February 1, 2022. We’ve compiled a list of the most important lessons for ecommerce enterprises, startups, entrepreneurs, and small and medium-sized company owners from her simplest union budget 2022 expectations. Additionally, the Union Budget 2022-23 provided an overview of India’s …

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Income tax saving tips for small business owners

Income tax saving tips for small business owners

Introduction A small business has many expenses, from increasing inventory, repairing machinery, paying payroll to daily working capital requirements. Small business owners have limited cash flow and capital. Moreover, their revenues are low, so they require even financial assistance from lenders in times of a financial crisis. Either they borrow, or they may take a …

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Production linked incentive scheme in India

PLI Scheme: Production Linked Incentive Scheme in India

Imagine you are the government and want to increase production of a specific item that isn’t particularly in high demand. However, you believe that everything will be fine once it is mass-produced or sold at the appropriate price point. For instance, compared to competing nations, domestic electronics hardware manufacturing suffers from a lack of a …

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