The GST return is filed by business owners monthly or quarterly in an official document containing details such as purchases, sales, and other related taxes. The GST return filing process is extremely easy, conducted on the official GST portal provided by the Government of India. Formulated in 2017 and implemented two years later, the new …
Read more
Introduction Being a housewife involves hard work. Unfortunately, it is unappreciated by mainstream society. Do not be disheartened. You may have many innate skills that you are eager to show off. It is time to start something of your own now. After all, earning a small amount can go a long way in fulfilling your …
Read more
The government of India is trying to promote micro, small and medium business structures by offering them a viable market to innovate and do business with ease and proper assistance. To streamline this, the Indian government introduced MSME or Udyam registration. The registration will ensure that your small or medium business is legal and operational. …
Read more
Is your company or organisation running short on resources? Do you need some funds to keep essential parts of the business running? Or, maybe you want to expand and grow your business? The reason doesn’t matter that much, but you need a business loan. But before you apply for a business loan, you should check …
Read more
Festivals provide a plethora of fresh business prospects. Nevertheless, it is also a time when entrepreneurs may go forward with their intentions to start new firms since the holiday season also has something valuable to offer small businesses. Small companies have exploded into a variety of industries in recent years, notably retail, e-commerce, and hospitality. …
Read more
Corporate financial health is just as vital as personal financial wellness. A good credit score enables a company to obtain trade credit and loans from banks and non-banking financial institutions such as MSME business loans with ease. When it comes to quantifying the financial health of a company, an important metric is the CIBIL rank. …
Read more
The Aadhaar Card is India’s premium identification document, required for authentication to avail all government schemes and banking services. The one-page document contains your entire bio, name, address, and mobile number, and its online database contains your biometric details of fingerprint and iris. From applying for business loans online to getting an ultrasound, you need …
Read more
The PAN card, or Permanent Account Number, is a legal document that is needed for all monetary operations. The Personal Account Number (PAN) is a 10-digit alpha-numeric code sequence issued and authorised by the Income Tax Department of India. The PAN card is valid indefinitely. When you want to make modifications to your present PAN …
Read more
Most people aspire to live the life of their dreams in today’s competitive world. Everyone wants to achieve their financial goals of earning a decent income and saving up a substantial amount to live comfortably. With a steadily increasing standard of living and earning potential, the average Indian has become increasingly ambitious. This is especially …
Read more
What is Video KYC? To enhance the customer identification process, video KYC was first introduced by the Reserve Bank of India. This video KYC is done for every customer while opening a bank account. The video KYC process is initiated either by Micro-ATMs or KYC Registration Agencies. Online video KYC is a 10 minutes documentation …
Read more
India is a country where self-employment is encouraged as a tool to get rid of unemployment. Anyone in India who is 18 years and above can establish and run their own business. India ranks 63rd in the Ease of doing business index in 2020. This index measures factors such as ease of starting a business, …
Read more
MSMEs (Micro, Small, and Medium Enterprises) are the small businesses that drive our economy forward. MSMEs are the backbone of the economy in developing countries like India, and they contribute to the country’s socio-economic development. After agriculture, the Micro, Small, and Medium Enterprise (MSME) sector employs the second-largest number of people in India. It accounts …
Read more