Has come up with some substantial steps to combine GST with national manufacturing industry, the Indian government is expecting to make the country into a global manufacturing hub. When most of the manufacturing companies are paying more than twenty-five percent taxes, GST has sealed most of the industrial products at eighteen percent. It has ended
The MSME sector set to provide maximum jobs and maximum products; it has turned into a usually discussed subject nowadays. The micro, small, and medium enterprises are jointly accounting thirty-seven percent of India’s GDP. Hence, the MSME sector is challenging the other sectors in terms of product launch and job creation. In an effort to
We are social inborn, it is not possible for us to stay away from our close ones – family, friends, and relatives. But we all want to earn. Small towns offer limited earning opportunities to the occupants. It is a common saying among the city living people, but it is not true to some extent.
The manufacturing sector in India has slowly progressed to produce world-class companies and can make good models to predict how other sectors may make in India. It often said that India has skipped the manufacturing sector altogether and gone straight to become a service based economy. This is an easy narrative, as India transformed into
Here we are pointing out the top five mistakes done by the MSMEs under Goods and Services Tax scheme. If you have less knowledge about this area, you could go through the write up once – it won’t take much of your minutes. In fact, each of the invested minutes will be beneficial for your
With more than 1.9 billion users across the globe, Facebook has emerged as one of the most popular social networking portals. It is offering us an easy and hassle-free connectivity which is blessed with limitless freedom. Facebook, which is connecting the entire world socially, has taken the opportunity to push small business in India. [Also
Neighbouring country China is serving the largest number of Fintech Platforms and it is leading the MSME and SME sector. However, India is following the top position very closely, and it eyes in ruling the segment, in the years to come. The scenario is better in the recent years. Despite contributing the second position in
India has registered itself as the fastest growing economy of the world which is a story of the current financial year. We cannot ignore the role of SME and MSME behind the economic and social development. Let us have a brief picture of the actual fact. Collective manufactured output – 45% Collective employment – 6
Do you have a garment business idea which is seeking for a quick business loan? Obviously, the job is challenging to avail a business loan within your expected time constraint, but is it impossible? Factually, it is very good idea. Leave all your worry and prepare your mind to excel the stirring of your business.
How easy is it to fund a startup plan? What are the basic requirements for raising a fund? Does bank provide such funds that are designed for a business? What is the time duration required for availing a startup fund from any government bank? What should be the interest percentage? Is it differs in case