What is Mudra loan?
Small businesses are the backbone of Indian economy. They account for over 60% of India’s GDP and employ more than 80% of the workforce. However, small businesses in India face many struggles. They often don’t have access to capital, which makes it difficult to grow and expand. They also struggle with government regulations that are […]
4 Tips to File Your Income Tax Returns on Your Own
Overview Adherence to tax compliance in India is one’s highest form of financial wisdom. Income Tax collection plays a vital role in the development of the Indian Economy and Infrastructure. Due to the connection between taxpayers and the growth of the country our Government had come up with a system that is smoothly accessible for […]
Startup India Scheme: Eligibility Criteria, Registration, And Benefits
The Startup India Scheme, launched in January 2016 by the Indian government, is a flagship program designed to encourage and support entrepreneurs who want to start their businesses. This article will discuss the eligibility criteria for registering under the Startup India Scheme, the benefits of registration, and the registration process itself. Under the Startup India […]
How to overcome Analysis Paralysis
Analysis Paralysis is the inability to make decisions due to over-analyzing and, consequently, not taking any decision at all in the fear of making wrong choices. But decision-making and analyzing various things is the primary goal of managing a business and being an entrepreneur. And you as an entrepreneur might get stuck on numerous tasks […]
5 Books Every Entrepreneur Should Read
“Books make for great friends because the best thinkers of the last few thousand years tell you their nuggets of wisdom.” – Naval Reading is a crucial habit to build as it builds patience, increases focus and boosts concentration. Reading the right books is important because ‘you are what you consume.’ Here is a list […]
Professional Tax Slabs for States in India
In India, the term “Professional tax” is commonly known to many of us. If you are a salaried individual, you would have even noticed that in your payslips or Form 16 issued to you by your employer. But, the question is how well you know about professional tax. Not many of us are well aware […]
Stand-up India Scheme for Financing SC/ST and Women Entrepreneurs
As India is growing at a rapid phase, there is rising participation of people in terms of entrepreneurship. Understanding this requirement, the government of India launched the Stand Up India Scheme in 2015. The Scheme promotes entrepreneurship at the grassroots level, encourages all Indian citizens to break the gender and caste barriers, and boosts socio-economic […]
Professional Tax Slab in Tamil Nadu 2022-23
Professional tax is a part of the tax deducted by an employer from an employees taxable income on behalf of the State government. As per Article 276 of the Indian Consitution, all Indian states are empowered to make laws relating to taxes on professions, trades, callings, and employment. All Indian states have the authority to […]
Professional Tax Slab in Tamil Nadu 2022-23
Professional tax is a part of the tax deducted by an employer from an employees taxable income on behalf of the State government. As per Article 276 of the Indian Consitution, all Indian states are empowered to make laws relating to taxes on professions, trades, callings, and employment. All Indian states have the authority to […]
Changes in GST From 1st October 2022 – GST Latest Amendments
The Indian government, in its recent Good and Service Tax (GST) notifications, has set 01st October 2022 as the effective implementation of law and procedures as proposed in the Finance Act 2022. A list of Recent GST notifications are: All the above GST notifications talk about several key issues – reducing the e-invoice turnover limit […]