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 »GST Registration: Registration Process and Document Required.
Table of Contents What is GST Registration In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs is required to register as a normal taxable person. This process of…
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 »Important Tax Compliance Date For Startup And SME For FY-2021.
Tax Compliance Calendar for FY 2021 covering important due dates for Income Tax Filing, GST (GSTR1, GSTR3B. RET1), TDS Payments, Preparation, & Filing, ROC, and general accounting from Apr 01st…
Read more »Budget 2021: Top 10 important highlights for SME and Startup.
Budget 2021 is the first paperless budget by the Finance Ministry. There have been many initiatives taken to strengthen SME and Startup sector. Here’s Key highlights for SME and Startup,…
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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