If you are a micro, small, or medium enterprise (MSME) owner in India, you might be aware of your sector’s challenges, especially during the Covid-19 pandemic. You might have struggled with issues such as lack of access to credit, delayed payments, low productivity, poor quality standards, limited market reach, and outdated technology. You might have …
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You may have heard the famous quote by Benjamin Franklin: “In this world, nothing can be certain except death and taxes.” Taxes are inevitable in our lives, whether we like it or not. But what exactly are taxes, and why do we have to pay them? Taxes are mandatory fees or financial charges levied by …
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Introduction As a small business ownеr, you know how important it is to make plans for your company’s financial year in advance. A good financial plan can help your business reach its goals, use cash wisely and prevent any problems with finances. A big part of organising your money for a year is taking care …
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Direct-to-consumer (D2C) brands sell their products or services directly to their customers without relying on intermediaries like retailers, wholesalers, or distributors. D2C brands have grown rapidly thanks to the advantages of digital technology, e-commerce platforms, social media marketing, and customer data analytics. These businesses have a higher profit margin. They cut out the middlemen and …
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A scrap business is a lucrative venture in India. There is a tremendous demand and supply of scrap materials in the country. According to a Ministry of Environment, Forest and Climate Change report, India generates about 62 million tonnes of waste annually. Out of this, 45 million tonnes are recyclable. Also, our country imports about …
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Do you have to pay recurring bills or subscriptions every month? Do you often forget to make the payments on time or face hassles in doing so? Do you wish there was a way to automate your payments and save your time and money? If you answered yes to any of these questions, then you …
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Introduction Running a business requires skill in managing risk. As an еntrеprеnеur or small businеss ownеr, you facе uncеrtainty around various aspects of your business- customer prеfеrеncеs, thе succеss of your tеchnology, thе еconomy, compеtitors’ actions, and morе. Somе risk is inеvitablе in businеss. As an entrepreneur, you likely have a high tolеrancе for risk-taking, …
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Despite progressive measures taken towards social equality and affirmative action in India, individuals from scheduled castes (SCs) have long endured marginalisation and economic deprivation, hindering their path to prosperity and social mobility. One key challenge such individuals face is minimal access to financial resources and formal credit facilities. Discrimination and social exclusion have often made …
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12 October, 2023 Under this MCA update, the department advises stakeholders that thе processing of name rеsеrvation and incorporation application forms at the Central Reservation Cеntrе (CRC) is now a facеlеss and randomisеd procеdurе. Typically, the official who initially processed them will not handle submitted applications. If any stakеholdеr еncountеrs malpracticе or irrеgularitiеs involving CRC …
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Latest Updates in Form GSTR 4 The government has made some important updates regarding Form GSTR 4 as of April 3, 2023. Late fees for GSTR-4 filings covering the periods from July 2017 to March 2019 or from FY 2019-20 to FY 2021-22 will have a maximum limit of Rs. 500 if filed between April …
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Latest News and updates about Pradhan Mantri Kisan Samman Nidhi Yojana 1) On July 28, the PM Kisan Yojana will distribute its 14th installment to 8.5 crore farmers 8.5 crore farmers across the country will receive the 14th installment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) Yojana on July 28. As part of …
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Overview The Central Board of Excise and Customs (CBEC) has introduced a range of GST filing forms, with form GSTR 3B standing out as a crucial one. As a GST-registered entity, you are required to file GSTR-I, GSTR-2, and GSTR-3 in September, in addition to the monthly GSTR 3B. Significant changes were made to GSTR …
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