msme

Udyam Parichay Registration – Benefits

The government announced new standards that will enable new companies to register online based on self-declaration and will make uploading any documents unnecessary from July 1st, 2020. Officials said that this was made possible by integrating the Udyam registration process into income tax and GST systems and that the details filled in could be verified using the …

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Benefits of MSME Registration for small businesses

Everything in this world starts from a unit particle or low level. How can we expect our industries and enterprises to be big and profitable from the beginning? For such newly or small scale industries with small profits and range MSME that stands for Micro, Small and Medium enterprises are introduced. Let us look into …

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MORATORIUM: ADVANTAGES, DISADVANTAGES, RELATED DETAILS FOR MSME LOAN

Moratorium session refers to the period during which you do not have to pay EMI on the loan taken. This span is also known as the EMI holiday. Habitually, such breaks are offered to help individuals facing temporary financial problems to plan their money matters better. With the country being in lockdown to contain the …

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MSME Loan: Atmanirbhar Bharat Abhiyan

MSME Loan Under Atmanirbhar Bharat Abhiyan, the minister announced several measures for MSMEs that are expected to help 45 lakh business units to resume operations. Here are the key announcements for MSMEs. Credit guarantee of 3 billion ( 3 Lakh crores) rupees: The highlight of the government’s aid package is the massive increase in credit guarantees …

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