Overview: Net working capital plays a vital role in evaluating a company’s financial well-being. It represents the difference between the company’s current assets, such as cash, and its current liabilities, like bills and salaries. Maintaining positive net working capital empowers the company to navigate challenges and invest in growth after fulfilling immediate obligations. This metric …
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Being an entrepreneur is no easy feat. It takes a lot of effort to set up a business from the ground up, look after every aspect of it, and make difficult decisions about running it. One of the most important aspects of starting and maintaining a legitimate business is filing your taxes. As an entrepreneur …
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Micro, small, and medium enterprises (MSMEs play a crucial role in the Indian economy. They contribute significantly to employment generation, innovation, and overall economic growth. However, they often face numerous challenges that hinder their sustainability and growth.Access to funds continues to be a significant challenge for small businesses in the country. A survey by the …
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What is RoDTEP? RoDTEP, full form Remission of Duties and Taxes on Export Products, is an export promotion scheme by the government of India. The scheme became effective from January 1 2021 and aims to offset taxes and duties incurred on exported goods. It helps in reducing the input cost of exported goods, thereby ensuring …
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In today’s era of entrepreneurship, where innovation meets passion, the Indian startup ecosystem is generating various creative ideas with a lot of determination. People are now more aware of the benefits of starting their own brand, with social media and TV shows such as Shark Tank boosting entrepreneurship in the country. The government has also …
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Food, shelter, and clothing are the basic needs of human beings in society. In India, with the second-largest population globally, employment opportunities for the masses are paramount. The textile sector is one such sector that can provide employment opportunities to both skilled and unskilled workforce. This is because the textile sector is labour-intensive. Presently, it …
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Starting a free online business might seem challenging, but it’s doable with the right strategy and resources. Online business opportunities are everywhere, and you don’t need a fortune to begin one. This article will help you understand what goes into Starting An Online Store With No Money, different business models, and how FlexiLoans can help …
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Women entrepreneurs hold immense potential for the growth of India’s economy. In light of this, the government of India has developed various schemes in India that can help a businesswoman easily get a loan. This article will take you through how women entrepreneurs are helping develop the economy, the various government schemes for women entrepreneurs …
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Looking to start or expand your business as an Indian woman entrepreneur? In this blog post, we’ll explore seven compelling reasons why women business owners such as yourself need grants. The world of entrepreneurship can be tough, but entrepreneurs can easily overcome those challenges with resources like government loans for women or business loans for …
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Since colonial times, Kolkata -The City of Joy – has flourished as an important trading and business centre. Are you planning to start a new business in Kolkata? Apart from the large-scale industries and conventional businesses, there is scope for implementing new business ideas in Kolkata Market. It is now easy to start a business …
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The Goods and Service Tax (GST) is a significant tax introduced in India, and there are three types: CGST, SGST, and IGST. Knowing each type of GST is essential for businesses to calculate their tax liabilities and plan finances. Registering for GST also provides access to loans based on the GST returns filed, with government …
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Whether you are a salaried individual or someone running a business or a retired individual, every single rupee matters! It is important to be aware of various rules related to taxation. Proper planning can help you save a major chunk of your savings that may have otherwise ended up as tax payments. Interest earned on …
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