MSME Classification – all you need to know.
The Government had always been working for the benefit of Micro, Small, and Medium Enterprises (MSMEs). Along with this Government also provide many services to MSME registration. In India, when…
Read more »NEFT – Meaning, Transaction Charges and Timings.
Introduction Gone are the days when people need to visit banks for every transaction. Taking out time from a busy schedule to visit a bank is a very daunting task….
Read more »Open Banking – Emerging Banking 2.0 in India.
Introduction Open banking in India is in a very nascent stage. It is because the Indian banking system focuses more on security and privacy. Think of open banking as the…
Read more »NACH (National Automated Clearing House) – all you need to know.
Table of Contents What is NACH? Objective of NACH NACH Credit and Debit How does NACH mandate work? Benefits of NACH for SME and StartUp Benefit to customers, banks and…
Read more »GST Exemption 2021: List, Limit, Types, & Eligibility; all you need to know
GST Exemption 2021 GST and other taxes are complex to understand for many people but knowing which items/services are exempted as per GST Exemption, is equally important. Moreover, the government…
Read more »Documents required to open a current account – an easy guide for entrepreneurs.
If you are just starting as a business, the first pre-requisite is a current bank account with a reputed bank. Opening a current account for your business may seem like…
Read more »Union Budget 2021: What SMEs and Start-ups can expect?
The year 2020 was a global challenge to all due to COVID-19 pandemic. As per the National Statistical Office, India’s GDP contracted by a record 7.7% during FY-2020-21. With the…
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