In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
Christmas Sales 2025: Consumer Behaviour Shifts and What MSMEs Should Know
The festive period is no longer limited to a few days in December. In 2025, Christmas sales have evolved into a multi-week, digitally driven shopping cycle influenced by changing consumer priorities, tighter budgets, and higher expectations around convenience. For MSMEs, this shift presents both challenges and opportunities. Those who understand how buying behaviour is
The Goods and Services Tax (GST) was introduced in 2017 to replace a myriad of indirect taxes and make compliance easier. While GST helped eliminate the cascading impact of taxes, it also compromised the state’s revenue from taxation. The GST Compensation Cess was introduced by the Central Government to compensate for this revenue loss.
Sending and receiving money for helping out a friend, paying for a purchase or settling your bills has never been easier. With the availability of electronic fund transfer methods like the National Electronic Funds Transfer (NEFT), you can now make quick money transfers from the comfort of your home. Another popular method of sending
India’s growing MSME sector is a budding ground for women entrepreneurs. Women-owned businesses have flourished over the past decade, boosting the country’s overall economic growth. However, according to a report published by the Ministry of Statistics and Program Implementation, female entrepreneurs comprise only 13.76% of the total entrepreneurial count. This translates to roughly 8
Women in India are increasingly keen on joining the entrepreneurial force and setting up their business ventures. For all women who aspire to gain financial freedom by launching their businesses and taking on the role of entrepreneurs, financing is the first and most significant challenge. Fortunately, the government of India has recognised this issue
What is GST Reconciliation? GST reconciliation is a crucial compliance process for businesses in India. Many taxpayers often search what is GST reconciliation to understand its importance. In simple terms, GST reconciliation refers to comparing the GST returns filed by a taxpayer with the financial records maintained in the books of accounts. The purpose
