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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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This guide explains what a Bill of Lading is, the different types used in shipping (like Straight, Order, and Air Waybill), and how India’s 2025 law now recognises digital and electronic versions. It covers format essentials, tracking, common exporter mistakes, and helps MSMEs decide whether to use paper, eBoL, or blockchain options based on their trade needs.

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Next-day delivery has become a necessity for all businesses to keep up with the competition and improve customer satisfaction. Recent studies indicate that both business buyers and retail customers prefer online stores that offer next-day delivery or same day delivery option.

Hiring a logistics service provider to handle your logistics operations is called logistics outsourcing. Outsourcing logistics simplifies the logistics operations of a company because the logistics provider is fully responsible for product transportation and order delivery.

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This article helps business owners and accounting professionals to understand Reverse Charge Mechanism (RCM) under GST in India. It details who pays GST (recipient vs supplier), applicability (unregistered suppliers, specific services/goods), and how to file returns (GSTR forms). Recent updates (metal scrap) and non-compliance penalties are covered. Understanding RCM is crucial for businesses to stay GST compliant.

Last updated on: Feb 20, 2025

Knowing the fee structure for a CGTMSE loan is crucial for micro and small enterprises (MSMEs) seeking to leverage this government-backed scheme. This comprehensive guide provides a detailed breakdown of CGTMSE fees, including the guarantee fee, annual service fee, and potential additional charges. By understanding these costs, MSMEs can make informed decisions about whether a CGTMSE loan aligns with their financial goals and budget.

Sep 17, 2024

The CGTMSE scheme offers collateral-free loans to MSMEs through various financial institutions, including public sector banks, private banks, foreign banks, small finance banks, NBFCs, rural banks, co-operative banks, and others. This article provides a comprehensive overview of the banks offering CGTMSE loans in India, comparing them based on interest rates, processing fees, loan amounts, and more. MSMEs can make informed decisions when choosing a bank and navigate the loan application process with ease.

Last updated on: Jan 6, 2025
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