Micro, Small and Medium Enterprises (MSMEs) are an important sector of the Indian economy, contributing to the country’s industrial output and exports. They are known to provide employment opportunities and promote entrepreneurship, particularly in the rural and underdeveloped areas of the country. MSMEs face various challenges such as access to credit, technology, and markets. To …
Gurgaon, also known as Gurugram, is a city located in the northern state of Haryana, India. It is a major center for technology and business and has become a hub for startups in recent years. One of the main reasons for Gurgaon’s emergence as a startup hub is its proximity to the national capital, Delhi. …
Startups in India have seen a significant rise in recent years, with a focus on technology-driven solutions and a growing ecosystem of investors and incubators. Sectors such as e-commerce, fintech, and healthcare have been particularly popular among Indian startups. The Indian government has also launched initiatives such as Make in India and Digital India to …
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In India, startups are required to obtain various licenses and permits in order to legally operate their business. The specific licenses and permits required will vary depending on the type of business and industry. Some of the key licenses and permits that startups may need to obtain in India include: It’s important to note that …
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A Startup is a company or organization that is in the initial stages of operation, often characterized by high uncertainty, risk, and a lack of established performance or revenue. These companies are often working to develop a unique product or service, or to establish a new market. The goal of most startups is to grow …
Continue reading “All you need to know about Startups, Benefits, Tax Incentives & Structure”
What is Private Limited Company and Benefits of Private Limited Company Registration A private limited company is a type of business structure that is popular in many countries, including the United Kingdom, United States, and India. A private limited company is a separate legal entity from its owners, which means that it can enter into …
YouTube is a platform where YouTubers uploads the videos and earns revenue when their video gets minimum viewers. Revenue depends upon the agreement signed with YouTube. Today YouTubers are earning in crores. They works as a freelancer and receives money in their saving bank accounts without taking GST registration. They don’t even think of …
Every supplier shall be liable to be registered under the Act but government has given exemption to small suppliers to get them register under the GST act after crossing the threshold limit. (1) Section 22 mandatorily provides the following conditions where you have to take GST registration if his aggregate turnover in a financial year …
These questions confuse every startup and all we get confused when we think of it. It’s a dream of everyone either to work for a brand or create a brand but creation of brand needs Efforts, Right platform and many more. When startup starts their business they usually prefer to go with Private Limited Company …
Government has enacted’’ The Micro, Small and Medium Enterprises Development Act, 2006’’ (MSMED Act 2006) with the object of promotion of MSME. This act contains many sections which may benefit you. One the important section I read recently is elaborated below: Section 15 of MSMED Act 2006 which states that Buyer shall make payment to …
