Chief Minister’s Startup Scheme(CMSS) Sikkim
The Government approved the Chief Minister's Startup Scheme(CMSS) Sikkim on August 15, 2017, to encourage local unemployed youth. College graduates establish new entrepreneurial projects and self-employment possibilities in rural and urban areas of Sikkim. The Sikkim Startup India scheme [...]
Fostering Entrepreneurial Spirit: Navigating Through the 2024-25 Interim Budget with Finline
As the dust settles on the announcement of the Interim Budget for 2024-25, it's clear that the Indian government's stance on nurturing the startup ecosystem and MSME sector remains as robust as ever. With no changes in the existing taxation [...]
Raj Udyog Mitra Scheme
The government launched the Raj Udyog Mitra scheme for individuals in Rajasthan who wish to initiate a new micro, small, or medium enterprise but face obstacles under the old policies and laws of MSME. However, now after the launch [...]
MSME Loan schemes available in Meghalaya
Small and Medium Enterprises (SMEs) play a crucial role in any economy, and India is no exception. The sector contributes significantly to the country's GDP, provides employment opportunities, and supports the growth of other industries. However, despite the potential [...]
Equipment Finance Scheme For Existing Clients – TIIC
The TIIC launched a scheme for the Equipment Finance Scheme For Existing Clients. They head towards the aim of helping the startups and already existing users in any of the schemes. Also getting funding for equipment is a financial instrument. [...]
Most Popular Loan Schemes in India in 2023
The following are some most popular loan schemes that you can avail in India: 1. PMEGP (Prime Minister's Employment Generation Programme ) Who is eligible for PMEGP? Any individual above the age of 18 can apply for the scheme. [...]
Business Loan EMI Calculation
Business loans are loans that companies avail themselves of with a specific interest and repayment period to meet the growing business requirement. Business loans help to fund the business to expand existing business, production, buy new machinery, etc. Funding [...]
How to get a Startup Loan in India?
When hearing about a startup loan, we feel it is so simple. Owning and operating your very own business can be a dream come true venture for most individuals who get involved in such an ordeal. However, when getting [...]
INCOME TAX LIABILITY, COMPUTATION AND PAYMENT
Income tax is a tax imposed on individuals or entities in respect of the income or profits earned by them. Income tax generally is computed as the product of a tax rate times the taxable income. It can pay [...]
Project Report for Taxi Car
In recent years, the taxi business has changed a lot. This project report for taxi car business highlights the key trends, opportunities, and strategies to help you succeed in this evolving industry, making it easier to tap into the growing [...]
UDYAM REGISTRATION
What is Udyam Registration? Udyam Registration is a government registration procedure launched by the Ministry of Micro, Small and Medium Enterprises (MoMSME) to classify and identify MSMEs in India. It is an improvement over the older Udyog Aadhaar system [...]
Business Loan Eligibility
Bank provides business loans to a wide variety of small, medium, and large enterprises, and professionals. Also, provide top-up facilities for existing business loan customers who may require more credit at a later period. To meet the business loan [...]
Check list for MSME Loans upto Rs.10 crore
The following is the Check list for MSME Loans up to Rs.10 crore: Proof of Identity: Aadhaar Card / Voter’s ID Card / Passport / Driving License / PAN Card /Signature identification from present bankers of proprietor, partner of [...]
From Farm to Finance: Project Reports in Agriculture
In the heart of agriculture lies a delicate dance between nature and business, where success is cultivated through meticulous planning and execution. For ventures like poultry and goat farming, the key to unlocking financial support and sustainable growth lies in [...]
Swami Vivekananda Swanirbhar Karmasansthan Prakalpa
The West Bengal Swarojgar Corporation Ltd implements the Swami Vivekananda Swanirbhar Karmasansthan Prakalpa(SVSKP), a flagship scheme of the Department of Self Help Group & Self Employment (WBSCL). The basic goal of the scheme is to increase access to credit [...]
Project Finance and Corporate Finance
Project Finance and Corporate Finance are also referred to as Balance Sheet Financing. There are two financing models to fulfil the requirements of a business, both rely on debt and equity as sources of funds. What is Corporate Finance? The objective [...]
What is the difference between liability and debt?
Debt majorly refers to the money you borrowed, but liabilities are your financial responsibilities. At times debt can represent liability, but not all debt is a liability. Liability vs Debt is a vital part of any business that wants [...]
The Future of AI in Project Reporting: A Comprehensive Guide
In the dynamic landscape of project management and reporting, Artificial Intelligence (AI) is emerging as a transformative force, offering innovative solutions to streamline processes and enhance decision-making. In this comprehensive guide, we'll delve into the integration of AI in project [...]
What Investors Want to Learn From Your Business Plan
Throwing your idea to investors, whether they are bankers, VCs, or angels, can be intimidating, so plan by putting yourself in the investor’s shoes. Every investor will have their conditions and be looking for something that matches their interests [...]
Project Report for Fitness center
Welcome to the world of gyms and fitness centers—a booming industry where passion meets profit, and demand continues to skyrocket. This project report for fitness center outlines the essential steps to turn your passion for health and fitness into a [...]
8 Steps to Starting Online Business
Launching an online business can be an affordable plan to become an entrepreneur. And with the wide variety of e-commerce platforms and channel options, you have more access than ever to get your products and services in front of [...]
Swami Vivekananda Assam Youth Empowerment
The government of Assam launched Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana in the year 2017. Under the SVAYEM scheme, the government provides monetary support to Assam's young people to take up revenue activities in the trade, manufacturing, and [...]
What is a Microloan?
Microloans are short-term, lower-dollar-amount loans. It is available to self-employed people, new businesses, microenterprises, small firms, and private individuals with little or no capital. A sort of tiny loan known as a microloan is given to microbusiness owners or [...]
What Is an Expense Report?
One uses an Expense Report form to record business expenses. The employees report various business expenses incurred by them out of their pockets. It includes any purchases that are necessary to run a business, such as parking, meals, gas, [...]
Debt Service Coverage Ratio DSCR
What is the debt service coverage ratio? In simple words, the Debt Service Coverage Ratio (DSCR) is a measure of whether a property generates enough income to cover its debt payments. The sum of money needed to cover both [...]