Keeping track and effectively managing cash in an enterprise is considered, an essential part of any big or small business. There could be various reasons for a company to suffer from a shortage of financial capital; sluggish nature & inappropriate layout for the business are all after-effects of the build-up. To evade the crisis, organizations rely on loans for business finance without understanding the return … Continue reading Interest Rates that Suits the Stature of Small Businesses
With the launch of a myriad of government-based initiatives as well as NBFCs (Non-Banking Financial Corporations), there is a wide range of options for effective credit funding that is available for the young medical aspirants in the country. The credit funding options are also referred to as the lucrative “doctor loan” schemes. These schemes or funding options are designed towards catering the unique financial demands … Continue reading Why are Doctors Loan Beneficial Financially?
Small and medium-sized companies are frequently recognised, as the main motors behind the growth and evolution of various kinds of business in the nation. Multiple analysis and surveys have stated that there are somewhat around 43 million SMEs solely in India and the number is 36.2 million in MSMEs- thus, playing a significant role in building the economy stronger. However, it’s the lack of proper … Continue reading How Small Enterprises Get Help from SME and MSME Loans?
Fulfilling the immediate cash requirement of a business and offering them with working capital is done by both banks and NBFCs. These are known as SME and MSME business loan that support the business operation of an organisation. Entrepreneurs require financial support most of the time to find the business and boost the operations. For this microfinance loan is the best solution. Few necessary things … Continue reading Everything You Need To Know About MSME Loans
In India, the financial sector is growing rapidly with many financial institutions coming into existence. The main aim of these companies is to provide the borrower with the loan that comes with the best terms. An engineer – both salaried as well as self-employed can avail these loans. But the personal finance for engineers varies for salaried and self-employed based on their eligibility criteria, repayment … Continue reading How to Avail Finance for Engineers
The MSME and SME are recognized, as an essential medium for the growth and overall development of a country’s economy. As a business owner, you might know the list of initiatives structured, by the ruling government to boost the sector. If you are new to the finance industry, it would be good to know firstly What is MSME beforehand. However, in all fairness, you have … Continue reading Hurdles Faced by an SME and How To Overcome Them
Bihar is one of the top agricultural hubs of India as well as for various other sectors. Hence to acquire a business loan for safeguarding a firm’s interest and maximize profit is always a professional step. If you’re looking for quick approval of a business loan in Bihar, there are a few things to consider: Credit History The lenders will use your updated credit report … Continue reading How to Quicken the Process of Having Business Loans Approved at Bihar
After the implementation of the Goods and Services Tax (GST) in India, it is mandatory for all business entities with the minimum aggregate turnover in a fiscal to complete the GST registration procedure. As a business owner, you can visit the GST portal, fill up the GST REG-01 form, upload the required documents to initiate GST registration process. The list of documents required for GST … Continue reading Documents Required for GST Registration Procedure
In the recent 32nd GST council, it was announced that all businesses in the north-eastern and hilly states having an annual turnover of more than Rs. 40 Lakh and Rs. 20 Lakh have to file GST. Accordingly, they have to obtain their GSTIN – Goods and Service Tax Identification Number. It is a unique 15-digit alphanumeric registration code which differentiates one business from another. The … Continue reading GST Tax Returns Filing In India: An Overview
The gold GST rate is something that the general public cares the most about owing to high demand. Currently, gold faces a tax rate of 3%. This rate is almost similar to the rates previously applicable before the implementation of Goods and Services Tax. However, there are various ways how the new GST rate on gold will affect. Other than gold, ready-made clothing comes with … Continue reading Important Things To Know About GST Rates on Gold, Garments And Others