Budget 2026: Govt to Deploy ‘Corporate Mitras’ to Support MSMEs in Tier 2, 3 Towns
India’s growth story is no longer confined to metro cities. Tier 2 and Tier 3 towns are emerging as powerful engines of entrepreneurship, innovation, and employment. Recognising this shift, the Union Budget 2026 places a strong emphasis on strengthening MSMEs in these regions through targeted reforms and support systems. One of the most notable announcements […]
Latest News Loan Moratorium? Over 19 Crore Borrowers Benefited from the COVID 19 Loan Moratorium, Finance Ministry Announced The loan moratorium extension that extended for six months, from March 1 to August 31 in 2020, cost the government 6,474 crores. It benefited over 19 crores of borrowers across the country, the Ministry of Finance
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,
The Income tax department introduced the PAN (Personal Account Number) as a system for uniquely identifying and storing the records of income taxpayers. The PAN number is alphanumeric and has a unique combination of alphabets and numbers that are unique for each individual. The alphabets denote important details ever since its inception in 1972
Pradhan Mantri Rozgar Yojna (PMRY) The Pradhan Mantri Rozgar Yojna is a scheme that was first launched in the year 1993. This is an initiative taken by the Indian Government with the aim of providing opportunities for self – employment. The target demographic of the scheme are the educated unemployed youths of the country.Read
To determine the profitability of one’s business, it is important to calculate the break-even point. The Break-even point is the point where your total expenses match the total revenue, a point without any profit or loss, i.e. break-even. To put it in layman’s terms, the point where you finally recover all the capital costs
