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 […]
DDU-GKY: Jobs, Courses, Eligibility, Registration Process, Documents, Benefits
The Government of India is committed to rooting out poverty and has devised different plans to uplift the poor. One such initiative is to impart skill development training to youths, especially in rural India. Keeping the people’s welfare in mind, Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) was introduced by the Ministry Of Rural
SIDBI – What is it about? Established in the year 1990, the Small Industries and Development Bank of India-SIDBI aims at enhancing cash flow in the MSME Sector – to promote and develop this sector thus benefitting the society and the economy of the nation. This Bank thrives on promoting, commercializing, and marketing new
A Ramp scheme is basically a Raising and Accelerating MSME Performance scheme that the Union Cabinet has recently approved. Currently, it is set to be launched within the financial year 2022 – 2023. The scheme is actually a World Bank-assisted scheme launched to support the various CoronaVirus Disease 2019 (Covid) Resilience and Recovery Interventions
All about GST Portal Before GST came into effect, indirect tax compliance was largely handled offline. Businesses dealt with multiple tax laws, extensive paperwork, and frequent visits to tax offices, making routine compliance slow, repetitive, and tiring. The introduction of GST brought these taxes under a single framework, supported by a dedicated online portal.
What is TCS? The TCS or Tax Collected at Source is the tax that is collected from the buyer by the seller while the purchase of some specific goods category by the buyer. This TCS rate depends on the category of the items and this tax collected from the buyer needs to be deposited
About Aadhaar Card Aadhaar card is one of the most integral identity, age, and address proof issued by UIDAI – Unique Identification Authority of India and can be asked as an important KYC document for several purposes. It signifies vital information of an Indian citizen which includes the full name of the person, address,
