It is often said, and rightly so, that one should always have a backup plan! In brief, this is what business loan insurance does. This is a protection cover that repays the due loan amount in case something untoward happens to the person taking the loan. On account of the death of the owner – The …
Read moreBusiness owners always have this thought in mind. About their business growth, returns, success, etc. However, beyond all, finances are the pressing one that keeps bothering them. If you are traveling on that journey, then you need to stop worrying now. It is because the options are wide open for you to apply for a business …
Read moreRunning a business requires a business owner to undertake oodles of tasks. But, it isn’t always easy. To gain the most and increase net earnings a business owner needs to pay heed to various factors. While most of the factors that tend to impact business profitability are out of control. Fortunately, there is one thing that …
Read moreWhat is ITR Form 4? The ITR-4 Form is the Income Tax Return form for those taxpayers, who have opted for the presumptive income scheme as per Section 44AD, Section 44ADA and Section 44AE of the Income Tax Act. This form needs to be filled by business enterprises only if their turnover is below Rs. …
Read moreBENEFITS OF MSME REGISTRATION MSME stands for micro, small and medium enterprises and they are the backbone of any developing economy. To support MSMEs, the Government of India, through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. Though India is still facing infrastructural problems, lack of proper market linkages and challenges in …
Read moreWith the age of entrepreneurship, women empowerment and just general support of society, many people are taking up their dream of starting a business. There are quite a few advantages of having your own business and being the boss of you. Even so, living in a country like India, the economy has been in a …
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Profitable Wholesale Business In India The first question every person has when they want to start a new business is, ‘what to sell?’ With the second-largest population in the world, conducting business in India can be a huge success if done properly. There is a massive market demand for certain goods and services and customers …
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Are you looking for a business loan in India? Well, your first step in this journey should be preparing a business loan request letter. What is a Business Loan Request Letter? A business loan request letter is essentially a proposal or a request to a bank to fund your business. This request letter is reviewed …
Read moreJust like how every individual with a registered PAN card ID or an Income Tax ID has been allotted a specific number with regards to their registration, every individual/business entity registered on the GST portal is assigned a specific number once their registration is complete. This is known as the GST identification number or the …
Read moreThe time of the year has come where all your GST skills will be put to test. The first ever annual GST returns filing period. GST returns for the financial year from 1st July 2017 to 31st March 2018 needs to be filed by 31st March 2018 or before. There has already been an extension …
Read moreHOW TO FILE GST RETURNS As of 1st July 2017, India saw a new tax reform coming into the act. The goods and service tax, aka GST, is the single indirect tax levied on goods and services of business entities. It is the single tax that ventures have to pay cutting out different tax heads …
Read moreWhat is the GSTIN Number? Goods and services tax identification number or simply GSTIN is a unique identification number provided to individuals or companies registered under the GST Act. It is a 15 digit unique number (a combination of alphabet and numbers)based on your permanent account number (PAN). To obtain the GST number, the entity …
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