The Indian Government introduced GST, also known as Good and Services Tax, on July 1st 2017, passed on March 29th in the same year in the Indian Parliament. It is a tax imposed on goods and services that replaced several other indirect taxes prevalent in India. Presently, GST registration has become mandatory for businesses with a yearly turnover of Rs.40 lakh and above and in … Continue reading Know About The Process of GST Registration in India
A Corporate credit cards come with myriads of outstanding features that make them stand out in comparison to debit cards. In this article, we have covered these unique, outstanding features. A Corporate credit cards provide you Interest-free credit, renewal benefits, death insurance cover, fuel surcharge and reward structures are among the list of benefits we have included in this article, along with a few credit … Continue reading Benefits Of Corporate credit cards
The CIBIL score ranges from 300 to 900 and reflects the creditworthiness of an individual. Lending financial institutions such as banks and NBFCs decide whether or not to give the credit to an individual based on the credit score. It helps them decide whether the credit given will be repaid on time or not. The credit score of any personnel depends on his/her credit history. In India, … Continue reading CIBIL Score- How Is It Calculated and Why Is It Important?
The 0 APR credit cards offer you a promotional period during which you need not pay any interest on your credit amount. This feature empowers you to transfer some liabilities to this card. However, you must calculate the time period of the loans, and consider the post-promo interest rate to judge if it is really feasible. These credit cards also need you to pay monthly … Continue reading What Is 0 APR Credit Cards Offer
Even though chartered accountants are highly coveted in India owing to the high value this profession brings to firms and companies, such professionals may sometimes find themselves cash strapped. To remedy such situations, a loan for chartered accountants can be extremely helpful. However, before applying for a loan for chartered accountants, there are several factors that applicants must check to facilitate smooth application and approval. … Continue reading How to Apply for A Chartered Accountants Loan?
While disruptions in the course of business are commonplace for most companies, these can be easily mitigated by opting for a term loan. These credit options come without any end-usage restrictions and are utilized to meet any number of business-related requirements – from maintaining a smooth working capital flow to stocking inventory. To know “what is term loan” and how it can help a business, … Continue reading Important Things to Know Before Applying for A Term Loan
Even though there have been several breakthroughs in the recent few years, as far as women entrepreneurship is concerned, India still has a long way to go when it comes to women’s participation in business. Oftentimes, the lack of viable financing solution discourages women from taking up the reins and set up their own ventures. To bridge this gap, however, the government of India, alongside … Continue reading Best Loan Options Available for Women Entrepreneurs in India
The Indian healthcare sector is witnessing a boom in recent times, and it is projected to reach Rs.8.6 trillion by 2022. This has presented medical professionals with an opportunity to start their practice with financial backing from doctor loans. However, in this due process, they should be aware of the doctor loan interest rate and the unseen factors that can affect it to make a fruitful … Continue reading Factors That Affect Your Doctor Loan Interest Rate
The sharp popularity of telemedicine in India has made it mandatory for doctors to incorporate the same into their practice to gain a competitive edge in the field. However, setting up a telemedicine unit on average costs around Rs.25 lakh to Rs.35 lakh. Above all, medical professionals have several other expenses that mandate an increase in cash flow. To remedy the situation, professionals often apply … Continue reading Why Healthcare Financing has Become Crucial for Doctors?
The number of MSMEs in India crossed 6.3 crore in India in 2020. Nonetheless, the shortage of funds to mitigate various expenses can often prove to be a real challenge for small business owners. To bridge this financial gap, several lending institutions of the country offer MSME loans that cater to businesses’ unique financial needs. Before opting to apply for MSME loan, it becomes imperative … Continue reading Benefits of An MSME Loan for Small Businesses