There’s a common misconception that a business must have a savings account to get approval for a small business loan. However, when you apply for business loan the type of account your business has—savings or current—doesn’t impact your loan eligibility. Rather, lenders will look at your business’s financial history and cash flow to determine whether …
Read more
The non-banking financial companies (NBFCs) are those organizations regulated by the Department of Non-Banking Supervision (DNBS) of the Reserve Bank of India (RBI), which are allowed to extend credit services to consumers and businesses. The NBFCs have been offering their clientele products like loans, credit cards, insurance, investments, and other services. Top 10 NBFCs in …
Read more
A business owner has dozens of challenges to face every day such as stock management, communicating with suppliers, keeping financial records, providing customer service, promoting the company, and the list goes on. In addition to these, monthly or quarterly GST return filling is a significant task that is time-consuming and needs lots of preparation and …
Read more
Startups, which are dominating the global economy, need a lot of capital to grow. Two of the most common ways to secure capital are through equity and debt. Though they serve the same purpose, they are inherently different. When you borrow money from a lender with a promise to repay it with interest over time, …
Read more
You’re always looking for ways to grow your business as a business owner, aren’t you? One way to do this is to obtain a loan. Business loans are a popular financing option for small businesses. While the terms and conditions of these loans vary, one key element is always present: the loan principal. This article …
Read more
Introduction The economy is turning cashless and the dependency on plastic money has been rising drastically. Debit and Credit Cards are used by almost everyone and have become one of the most convenient modes of paying money. Credit cards, especially, offer the choice of buying now and paying later which eases your shopping and payment …
Read more
Investment planning is a critical financial decision after considering factors such as your age, risk appetite and investment goals. While some investors prefer short-term investments, others go for long-term investment plans. Different types of Best Investment Plan With High Returns are available in the market and offer additional benefits. Choosing an investment option that best …
Read more
Saving money is an essential financial habit that everyone should develop. It helps you in times of need and enables you to reach your financial goals. While there are several ways to save money, investing in a savings plan is one of the most effective methods. A savings plan or Saving Scheme is a life …
Read more
Introduction All thanks to a large population and diversity, India has a huge consumer base. Considering the same, international players use the franchising business to increase their market share and brand awareness in India. By building outlets and making investments in the Indian market, the majority of global businesses hope to increase their earnings through …
Read more
Tax collected at source is a type of tax that a buyer has to pay to the seller while they are exchanging goods. The TCS tax is to be paid by the seller, so, they collect it from the buyer of the goods. The TCS rate on sale of goods varies from goods to goods …
Read more
Making enough money to live comfortably is essential. Since employment opportunities are drying up, going into business for yourself is a sensible move. To be sure, deciding what kind of company to launch is essential. A gas station franchise has been successful for decades; why not try your hand at it first? Having your own …
Read more
When filing tax returns for a given year, the GST return for September is the last chance for taxpayers to add any missing information or correct any mistakes made on returns submitted for the prior fiscal year. These adjustments are critical for a proper end of the financial year. Additionally, it serves as a crucial …
Read more