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 […]
National Single Window System
What is that one thing Indian policymakers and businesspersons never forget to talk about when they meet? – EASE OF DOING BUSINESS. Why? A complex business regulatory environment is well-known for punishing firms that attempt to grow and need flexibility. As India ascends into the world economies and tries to set itself up as a […]
Impact of GST on IT Sector in India
In India, the indirect tax system has come a long way from service tax to Value Added Tax (VAT); VAT to Good and Service Tax (GST), the current tax system that absorbed all oblique taxes of the states and centre. It mainly eliminates the cascading effect of taxes (tax upon tax) on the product sold […]
North East Entrepreneurship Development Program – Detailed Guide
The North East Council (NEC), under the Government of India, has launched a unique initiative called North East Entrepreneurship Development Program (NEEDP). NEEDP is established to promote and encourage entrepreneurship across all eight northeastern states. The last date for registration is 31st October 2022. Suppose you are an emerging entrepreneur with a business idea from […]