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Top 5 reasons to use formal credit for steel procurement
Procurement

Top 5 reasons to use formal credit for steel procurement

How does the choice of credit impact steel procurement for MSMEs? Why is formal credit a smarter option than informal borrowing? Steel is a recurring, high-value expense, and the way it is financed shapes cash flow, compliance, and supplier trust. This blog outlines five key reasons why MSMEs should utilise formal credit, including predictable cash cycles, GST-linked savings, government compliance, strengthened distributor ties, and growth support through guarantee schemes.

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shipping services
Logistics

How to find affordable shipping services in India?

Most small businesses face logistic challenges in India. The inability to bear high transportation costs tops the list. Realising the need for change, the government today has introduced several new schemes to cut logistics costs. Moreover, with the logistics services sector expanding and getting more competitive, there are several affordable...

warehouse logistics
Logistics

What is warehouse? meaning, role, future trends in India

Warehouse is an integral part of organisational supply chain management. It involves the inflow and outflow of goods, and managing it efficiently impacts business efficiency, sales and revenue, returns and refunds, and overall customer satisfaction. We take a look at what is warehouse logistics management, it’s role in present-day SCM...

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Types of Supply Under GST: Scope and Components Explained
MSME

Types of Supply Under GST: Scope and Components Explained

Supply under GST is a term that has an extensive definition, with many considerations, making it crucial for businesses to understand its distinctions to properly negotiate paying GST for such transactions. Learn about What constitutes as supply, its components, the scope of activities classified as ‘supply’ under GST and more.

Last updated on: Jan 17, 2025
Anirban Sinha
QRMP Scheme explained: Benefits, eligibility, and application process
MSME

QRMP Scheme explained: Benefits, eligibility, and application process

The QRMP scheme was introduced by the government to simplify the tax return filing process for businesses falling under certain criteria, allowing them to manage their taxes in a more streamlined manner. Learn about the scheme, its advantages, the application process, deadlines, and considerations to properly utilise this scheme.

Last updated on: Jun 10, 2026
Anirban Sinha
Understanding Types of Assessment under GST
MSME

Understanding Types of Assessment under GST

Under the GST regime, assessments are crucial for ensuring compliance and accurate tax payments. Learn more about the various types of assessments, their particularities and processes, their importance as well as some pointers for preventing mistakes to avoid actions during assessment.

Last updated on: Aug 20, 2024
Anirban Sinha
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