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Understanding Current Accounts: What You Need To Know
Posted on Friday, August 11th, 2023 |
Effective financial management is crucial to stay afloat in today’s competitive business landscape. It enables your business to operate efficiently, meet its objectives, and drive growth. Amid all the financial tools available at your business’s disposal, a current account emerges as a significant component. It offers a host of features to support and streamline various…
Read moreTop 5 Tax Savings Tips for MSME
Posted on Thursday, July 27th, 2023 |
As an MSME (Micro, Small, and Medium Enterprises) owner, you are well aware of the challenges that come with running a business. From managing daily operations to ensuring profitability, there’s always something that demands your attention. Amidst these responsibilities, tax planning often takes a backseat. However, effective tax planning is crucial for MSME owners as…
Read moreWhat are Tax Benefits for MSME?
Posted on Wednesday, July 26th, 2023 |
Micro, Small, and Medium Enterprises (MSME) play a crucial role in the Indian economy, contributing significantly to manufacturing output and export earnings. To support and promote the growth of the MSME sector, the Indian government provides various tax benefits. These tax incentives aim to reduce the tax burden on MSME, encourage entrepreneurship, and foster economic…
Read moreWhat are GST eWay Bills? Format, Importance & Benefits for MSME.
Posted on Tuesday, July 25th, 2023 |
As a carrier, issuing a waybill to transport goods is a standard procedure. It’s a document that contains vital information about the consignment, including the consignor, origin point, transporter, consignee, and destination. To comply with the Central Board of Indirect Taxes & Customs, this information must be uploaded to the Goods and Services Tax (GST)…
Read moreUnderstanding GST Rates for MSMEs
Posted on Monday, July 24th, 2023 |
India’s entrepreneurial landscape has witnessed a remarkable surge in recent years, with young businesses emerging as powerful contributors to the nation’s economic growth. The government’s focus on promoting and supporting Micro, Small, and Medium Enterprises (MSME) has played a pivotal role in fostering this entrepreneurial spirit. One key aspect that affects the financial health of…
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