Top 10 Low Investment Business Ideas in India
Party planning or event management Good event management requires business management and leadership skills, as well as a lot of imagination. Parties, ceremonies, honours and felicitations, exhibits, seminars, radio, TV or reality shows, festivals, and other events could all [...]
MSME Loan schemes available in Odisha
MSMEs (Micro, Small and Medium Enterprises) play a crucial role in the growth and development of the Indian economy. However, the growth of MSMEs is often hindered by a lack of access to finance. To overcome this challenge, the [...]
What is Term Loan: Types, Eligibility, Documents
Term loans are loans that are of a fixed amount distributed by the banks or NBFC to entrepreneurs. At the same time, entrepreneurs can use it for capital expenditure and expansion of business with fixed and floating rates of [...]
Prime Minister’s Employment Generation Program (PMEGP)
PMEGP is a central sector scheme that comes under the Ministry of Micro, Small and Medium Enterprises (MoMSME). The scheme is handled by Khadi and Village Industries Commission (KVIC), which takes the lead role at the national level. In [...]
What is a Line of Credit (LOC)?
A line of credit (LOC) is a preset borrowing limit that borrowers can withdraw at any time. It is an arrangement between a financial institution, usually a bank, and a client. The borrower can obtain money as needed until [...]
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 [...]
Best Format for Project Report for Bank Loan Application
A project report for bank loan is one of the most important documents you will require in case you need a bank loan to start a business. It assists the banks in knowing your business model, the financial plan [...]
Bihar Udyami Yojana
The Government of Bihar launched a new scheme named Udyami Yojana Bihar for the welfare of educated youth in the state. As a result, those educated yet unemployed young people who come from the SC/ST community will benefit from [...]
Madhyapradesh Mukhya Mantri Swarozgar Yojna
Madhyapradesh Mukhya Mantri Swarozgar Yojna is a scheme that offers loans up to 25 lakhs for promoting entrepreneurship in Madhya Pradesh without the need for collateral security. Who is eligible for this scheme? Applicant must be a permanent resident [...]
LEAVE ENCASHMENT AND INCOME TAX EXCEPTION IN INDIA
Leave encashment denotes an amount of money obtained in exchange for a period of leave not availed by an employee. An employee can take encashment of acquired leave during the period of retirement. During the maintenance of service or [...]
Business Loan for Grocery Stores – Eligibility & Documents Required
Did you know that 90% of India's retail sector is unorganised and consists of small grocery/kirana stores. As per the latest survey, there are around 12 million grocery stores across India. Most of these shops face regular cash flow [...]
Unemployed Youth Employment Generation Programme (UYEGP)
The Unemployed Youth Employment Generation Programme (UYEGP) scheme to alleviate the unemployment problems of socially and economically weaker segments of society, particularly among educated and unemployed people, to become self-employed by setting up Manufacturing / Service / Business enterprises. [...]
How to Create a Bankable Project Report for Loans and Investments
It is not only about a great business idea to get a loan or to attract investors–but the way it is presented. A bankable project report is an in-depth document that demonstrates the financial, technical and commercial feasibility of [...]
A Complete Guide To Pradhan Mantri Mudra Loan Details
Get complete Mudra loan details including types, eligibility, documents, interest rates & benefits. Mudra loan is a government financial assistance scheme under PMMY to small and micro enterprises. It provides collateral-free loans of up to 10 lakhs through [...]
Pradhan Mantri Mudra Loan Documents – Apply for Mudra Loan Online
Loans for Non-corporate, non-farm small / micro enterprises The Mudra Loan scheme is a main part of the Pradhan Mantri MUDRA Yojana (PMMY) by the Government of India, designed to help micro and small businesses. The applicant must [...]
SBI Business Loan
Any person aspiring to start a business or any individual who wants to expand their business requires funds. Individuals and entrepreneurs take loans at a previously agreed rate of interest. SBI offers loans to self-employed businessmen for financing the [...]
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 [...]
TAX DEDUCTED AT SOURCE (TDS)
In India, tax deduction at source (TDS) is a way of collecting taxes from income, dividends, or asset sales. It works by requiring the payer to deduct the tax amount before giving the remaining money to the recipient. Advantages [...]
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 [...]
DOCUMENTS REQUIRED FOR GST REGISTRATION
Goods and Services Tax or GST is an indirect tax used in India on the supply of goods and services. It is a destination-based tax and comprehensive because it has subsumed almost all the indirect taxes except a few [...]
Business Loan Schemes for Sole Proprietors in India
The sole proprietorship is one of the most common business types. In India, more than three-fourths of businesses consist of sole proprietors. They enjoy various benefits such as easy setup, less paperwork, better control over their business etc. These [...]
Best Uttarakhand MSME Business Loan Schemes for Small Businesses
Did you realize that there are more than 2.5 lakh MSMEs in Uttarakhand that play a major role in the economy and employment opportunities of the state? The government has established a number of Uttarakhand MSME business loan schemes [...]
What is Depreciation?
When we purchase any fixed asset, its value decreases over time. It means that when we sell the asset, we are not selling it at its original price but at a lower price, and this lower value is known [...]
KESRU – Kerala Self Employment Scheme
KESRU (Kerala Self Employment Scheme for the Registered Unemployed) 1999 is one of the self-employment programmes of Kerala State under the National Employment Service. Department of Employment handles the schemes through the 14 District Employment Exchanges. This scheme had [...]
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. [...]