Table of Contents Micro business meaning How to start a micro business? How to register a micro business? How to register a sole proprietorship? How to register a One Person Company? How to register a LLP? How to register as a MSME on Udyam? Let us discuss the key...
Table of Contents What is an eCommerce business? How to register your eCommerce business as an MSME? Why Udyam certificate required for eCommerce? Are you a businessman in eCommerce or keen to venture into the eCommerce space? Are you aware that you can register your...
Table of Contents Definition of MSMEs MSME contribution to GDP in India MSME share in GDP in figures Benefits of becoming an MSME in India Some government schemes for MSMEs MSME contribution to India’s GDP is increasing considerably as the number of startups are...
Table of Contents What is MSME Innovative scheme? Objectives of the MSME Innovative scheme The design component of MSME Innovative scheme Who is eligible for MSME Innovative scheme – Design scheme The IPR component of MSME Innovative scheme Who is eligible for MSME...
Table of Contents Most profitable small business ideas in India in 2023 Which businesses are profitable Cloud kitchen Website designing Pharmaceutical business Interior designing Event management Online classes Cleaning services How to set up a profitable business...
Table of Contents What are the tax benefits for MSMEs in India? Concessional tax rate Presumptive tax scheme New benefits What are government incentives for MSME? Micro, Small and Medium Enterprises (MSMEs) is justifiably called the backbone of Indian economy and...
Small and Medium Enterprises or SMEs play an integral part in the socio-economic development of India. As of 2022, there are approximately 75 million SMEs in the country, and it is estimated to grow to 95 million in the next few years (Source: The Economic Times, Dec,...
Table of Contents ASPIRE scheme full form What is the ASPIRE scheme? ASPIRE scheme objectives ASPIRE scheme eligibility ASPIRE scheme application ASPIRE scheme benefits Components of ASPIRE scheme MSMEs in India and government aid It is no secret that the Government...
Table of Contents Startup India Pradhan Mantri Mudra Yojana Women Entrepreneurship Platform (WEP) Stand-Up India Scheme A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE) Credit Guarantee Trust Fund for Micro & Small Enterprises...
Realising the fact that MSMEs are the backbone of the Indian economy, the government of India offers support to them in multiple ways. NSIC or National Small Industries Corporation was established to handhold and support emerging business throughout their journeys....
Are you aware of the licences required to start a business in India? You may be aware that starting a business requires various compliances and licences. In India, obtaining a business licence is dependent on factors like business’s size, kind, industry, and location....
What is an MSME? A rather frequently asked question considering the important role they play in the Indian economy. The meaning of MSME, however, has changed over the years. And considering the rise in the number of MSMEs in India, the new classification of MSMEs has...
Table of Contents MSME meaning What is Udyam? MSME vs Udyam registration Udyog Aadhaar vs Udyam How to register on Udyam? MSME registration and Udyam: Same or different If you are an Indian MSME business (Micro, Small, and Medium Enterprises) then you are likely to be...
