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World MSME day: Importance, 2023 theme and more

World MSME day: Importance, 2023 theme and more

MSME day is celebrated on 27 June in India and worldwide to show support to micro, small and medium businesses around the world. World MSME day is celebrated to stress the importance of the MSME sector and their role in the development of global economy. India also...
Role of MSMEs in rural development in India

Role of MSMEs in rural development in India

Table of Contents How do MSMEs promote rural development Employment generation Making workforce employable Economic development of the rural area Getting recognition on the global map Generating foreign exchange Self-reliance or Aatmairbharata   Micro, small and...
How to do MSME registration for your eCommerce business?

How to do MSME registration for your eCommerce business?

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...
MSME contribution to India’s GDP

MSME contribution to India’s GDP

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...
MSME Innovative scheme – Objectives, guidelines, and more

MSME Innovative scheme – Objectives, guidelines, and more

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...
Top profitable business Ideas in India in 2025

Top profitable business Ideas in India in 2025

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...
Tax benefits and incentives for MSMEs in India

Tax benefits and incentives for MSMEs in India

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...