Indian Government initiatives to Help Women Entrepreneurs
Around the world, entrepreneurship has been a male-dominated phenomenon from a very early age, but time has changed significantly. In today’s India, the role of women entrepreneurs in economic growth is inevitable, and they have become an inalienable part of the Indian startup ecosystem. At the institutional level, several steps are being taken by the […]
Credit Linked Capital Subsidy and Technology Upgradation Scheme
A large section of our Micro and Small Enterprises (MSEs) continue to run their business with outdated machinery and very minimal or zero technological advancements in their core business operation. It makes Indian products less competitive in the global market. As many cheaper alternatives of similar products are readily available in the market to persuade […]
Women Entrepreneurship Platform Launched By Niti Aayog – Overview
NITI Aayog has launched Women Entrepreneurship Platform (WEP), which is exclusively created for encouraging Indian women’s participation in the growing Indian startup ecosystem. With a significant increase in entrepreneurial ventures founded and co-founded by women, they have started to be trailblazers of innovation and scaling their businesses like never before. Yet, the participation of women […]
List of Government Msme Schemes You Need to Know – (part-1)
India’s Micro, Small, and Medium enterprises (MSMEs) contribute about 1/3rd of our GDP, and our manufacturing sector contributes 30% of our GDP. Our MSME accounts for over 80% of businesses in the country, and 63 million MSMEs employ around 110 million people across various businesses. With over 90 million MSMEs in the country, few have […]
E-Invoice: Free Tools for E-invoice Generation for Small Taxpayer
The e-invoice system was a leap to standardise invoice generation among taxpayers and reporting of the transactions. The government introduced e-invoicing in a phase-wise manner beginning from 1st October 2020. In the recent changes, the government has mandated e-invoicing for businesses with an aggregate turnover above Rs. 5 crores. This is set to be applicable […]
A Complete Guide on Coir Udyami Yojana 2022
The Union Ministry of Micro, Small, and Medium Enterprises (MSME) approved the continuation of the Coir Udyami Yojana (CUY) – a credit-linked subsidy scheme to facilitate the sustainable development of the Coir Industry in the country. Earlier, the Scheme was called Rejunevation, Modernization, and Technology Upgradation of the Coir Industry. The Coir Udyami Yojana is […]
What are Virtual CFOs? Benefits of Virtual CFOs for Business Growth
Chief Financial Officers (CFOs) are the senior executives that manage the financial actions of the company. They are among the topmost executives of the company and are responsible for many key decisions. They propose the strategic direction and ensure that the company makes the responsible financial decision and is in a sound financial state. One […]
Different Types of Virtual CFO Services in India
With the advent of virtual CFOs, CFO services are now accessible to even small and medium-scale businesses. Virtual CFOs are making expert and professional services accessible to all businesses. Further, their roles are not limited to the conventional CFOs. The reason behind the growth of virtual CFO services in India is that they are affordable, […]
Nirmala Sitharaman Union Budget | Budget 2023 Highlights
st February 2023 saw Union Budget 2023 by Nirmala Sitharaman and it brought quite a lot of benefits for the middle class and salaried people. Budget 2023 adopted the Saptarishi theme focusing on the seven key priorities: Major Highlight of Budget 2023 Apparently, the most talked about change is the change in the tax rate […]
Virtual CFOs Guide for Startups and SMEs
This is the defining decade for startups. However, today the business environment has become so competitive that there’s cut-throat competition in almost every industry. Therefore, it is important that the startup not only comes with a unique idea but a proper value proposition and business plan to survive and thrive. Another important consideration is the […]