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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
A letter of credit (LC) is a bank-backed payment guarantee that helps MSMEs trade safely, both in India and abroad. By understanding its meaning, types, compliance needs, and costs, small businesses can reduce payment risks, secure larger orders, and build trust with buyers. For MSMEs, an LC isn’t just paperwork — it’s a tool for cash flow stability and growth.
Udyogini scheme is one that has been designed exclusively to empower women by encouraging entrepreneurship across 88 small scale industries. Application to the Udyogini Yojana loan is transparent and simple and can be done via online and offline channels. Learn more about the scheme’s eligibility, documents required, interest rates, application process and more.
Iron and cast iron are closely related materials widely used across construction, manufacturing, and cookware industries. While both originate from the same base metal, their composition, strength, and industrial applications differ significantly. Let us explore the key differences between iron and cast iron, their properties, uses, and which material works best for specific applications.
Section 43B and Section 43B(h) of the Income Tax Act in India aims to solve challenges of delayed payments to the MSME sector in India. Here we take a look at how the provision impacts MSME payment terms, and how the new 45 days payment rule affects traders and other MSE businesses.
Building a house or commercial building is not an easy task. You have to select the best steel for construction to ensure stability, durability, longevity and cost-effectiveness. Read on to learn about the best steel type for house construction, tips to select the best steel, prices of steel and more.
India's October 2026 GST collection reached ₹2.31 lakh crore, registering 22.9% year-on-year growth. Higher domestic and import-related revenue contributed to...
The September 2026 GST collection in India reached ₹2,03,521 crore, rising 14.7% year on year. The strong collection reflects continued...
India is moving to expand green steel procurement, with a proposed 25% share for government projects still under consideration. The...
The MSME Amendment Act 2026 brings important changes to India’s MSME framework, with a focus on classification, registration, and payments....
