Mukhymantri Yuva Swarojgar Yojana, MMYSY
The state government of Chhattisgarh is inviting applications under the Mukhyamantri Yuva swarozgar Yojana(MMYSY). Under this scheme, the state government provides financial assistance to such youth who want to set up their own businesses. Therefore, such aspiring youth who [...]
Startup Business Loan
Many entrepreneurs with great business ideas are unable to start their businesses due to a lack of funds. Money at the right time is one main factor that decides the start and the future of a business. However, when [...]
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 [...]
MSME Loan schemes available in Assam
Assam is a state in northeastern India known for its lush green forests, tea plantations, and diverse culture. The state has a vibrant MSME sector that plays a crucial role in its economic growth. To support the growth of [...]
MSMEs OR UDYAM REGISTRATION
It is a government registration for MSMEs providing them with a unique Identity Number and a recognition certificate, to certify them as micro/small/medium enterprises. What are the benefits of Udyam Registration? Interest rate Subsidy on Bank loans. Collateral free [...]
Documents Required for Business Loan
An entity may construct or expand a business unit using a loan. You can use the obtained cash for general company expenses such as purchasing machinery for plants, hiring personnel, renting office space, paying off the mortgage, and more. [...]
PNB Business Loan
Punjab National Bank (PNB), provides business loans to startups, entrepreneurs, as well as self-employed professionals. They intend to support the business capital requirements or to expand business operations. The business loan interest rate given by PNB depends on the [...]
Axis Bank Business Loan
Axis Bank has come up with a quick business loan that can boost your business growth. Through this loan, they offer competitive interest rates, flexible repayment terms and an easy application process. Axis Bank business loan is a great [...]
Which loan scheme is best for business?
The requirement for funds varies for each business. As per the type of business, the scale of operation, repayment capability, amount of fund required may change. Business entity faces a lot of difficulties to get the right kind of [...]
Bank of Baroda Business Loan
Bank of Baroda (BOB) Business Loan is best suited for individuals conducting business independently, with or without hired labour. Enables them to purchase equipment (including PCs for professional use), and acquire new or repair existing business premises, tools, and working [...]
5 Important Elements for Every Sales Proposal
A sales proposal is sometimes a mere formality—the customer has already made up his or her mind about whether he or she is going to buy. At other times, a sales proposal makes all the difference. All decision-makers and [...]
Mudra Loan: Who can avail? Eligiblity?
Any individual running non-corporate non-farming business activities can apply for a MUDRA loan under the Pradhan Mantri Mudra Yojana Scheme. The following are the Mudra Loan Eligibility criteria: Applicants should have an age limit of 18 years and a maximum [...]
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 [...]
How To Start a Business in India
Entrepreneurship is the creation or extraction of value. In India entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business. In other words, the process of setting up a business is known [...]
RBI TAX SAVING BONDS
RBI Tax saving bond is also called Wealth tax. A wealth tax is a tax on an entity's holdings of assets. It can purchased through:- https://rbi.org.in/home.aspx This includes the total value of; Personal assets including cash. Bank deposits. Real [...]
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 [...]
SBI e Mudra Loan
Under the PM MUDRA Yojana (PMMY), SBI provides business loans up to 7 years (up to 10 lakh rupees, extended to 20 lakh rupees as per Budget announcement and Official Gazette dated 24 October 2024) at a repayment tenure [...]
Citibank Business Loans
Citibank Business Loan offers you business loans for efficient working capital management. CitiBusiness services provide financing solutions to micro-to-small enterprises. Various MSME Loan Products such as Working Capital Loans, Overdrafts, Short and Long Term Loans, and Import and Export [...]
Most Popular Innovative Business Ideas in India
The following are some most popular innovative business ideas in India in 2023: Rainwater harvesting It is the collection and storage of rain, rather than allowing it to run off. Rainwater is collected from a roof-like surface and redirected [...]
Sri Vajpayee Bankable Yojana, Gujarat
The Gujarat Government has introduced a new scheme for the employees of the cottage industry. This scheme offers financial support to the craftsmen of the cottage industry. Gujarat has started this scheme in the memory of our revered former [...]
MSME Loan schemes available in Gujarat
The MSME sector plays a critical role in the economic development of Gujarat, contributing significantly to employment generation, income growth, and overall economic prosperity. To support and promote the growth of MSMEs in the state, the Gujarat government has [...]
Top 5 Government Loan Schemes for Small Businesses
Approximately 40 million Micro Small and Medium Enterprises (MSMEs), both registered and unregistered, exist in India. The government provide some loan schemes to assist small and medium enterprises. These loans primarily aim to assist the less fortunate and middle-class [...]
AUDIT AND TYPES OF AUDITS
An audit is an official check of an organization's accounts by an independent body to ensure departments are following a documented system for recording transactions. Importance of Audit It helps in the detection and prevention of errors and fraud. [...]
Investment Opportunities after Covid-19
There has been a significant change in the investment Opportunities after the Covid-19 pandemic. The new social norms like social distancing due to health-related concerns and the lockdown restrictions mandated by the government had consumers turn towards the e-market [...]
Prepare a Projected Balance sheet
A projected balance sheet also known as a pro forma balance sheet, shows the estimation of the total assets and total liabilities of any business. A pro forma balance sheet is a tabulation of future projections. As a result, [...]