Running 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 …
Read MoreProfitable 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 …
Read MoreAre 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 MoreACCOUNTING SOFTWARE FOR SMALL BUSINESS Whether you are an established enterprise, a freelancer or a business trying to enter the market, there is one field you cannot do without and that is accounting. Today, the SME and MSME sector is growing rapidly and their revenues and profits are also increasing The government taxation policies are …
Read MoreIndia is one of the fuelling economies in the world and a major part of this credit goes to the SME and the MSME sector. This sector contributes almost 40% to the economy and provides employment to around 70% of the nation’s population. To bridge the gap between the capital required and the scope of …
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 Goods and Services Tax has been a transformation in the Indian Economy System, changing the way business has been carried out for years. Earlier, a business would have to pay tax under various heads such as VAT, Indirect Tax, Service tax, etc. which all added up to 17 different types of tax heads depending …
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