It is the small business owners whose efforts will turn the economy around! One way to encourage that is to provide them access to quick loans. The small business owners who are looking to grow their business can do so with inventory loans. A loan against inventory is a short-term loan that is used by …
Read MoreIn the economic fabric of India, Small and Medium Enterprises (SME) have a significant role to play. A sector with an assortment of 6,000 products, contributes to an approximate 8% of the GDP in India and facilitates 45% of industrial output and 40% of exports from the country. This seemingly small yet vibrant and dynamic …
Read MoreBeyond the glass walled buildings and air-conditioned offices one sees in cities, are small offices built in residential apartments, factories and foundries. These units make up India’s booming SME sector. A sector much applauded for its contribution to employment, manufacturing output and exports. A sector waiting for a big bang, yet, which is crippled because …
Read MoreFinally, the biggest Tax reform since Independence leading to ‘One Nation, One Tax’ is almost set to be rolled out in India, vide Goods and Services Tax (GST). Did you know, GST is already rolled out and adhered to in over 160 countries worldwide? So applying the same to our country would mean encouraging seamless …
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