In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
What is CIBIL MSME Rank? Meaning, Range, Benefits & How to Improve it
For a small business, a lender’s assessment isn’t based only on the loan amount being requested. The business’s previous borrowing and repayment behaviour can also indicate how it has handled credit in the past. This is where the CIBIL MSME Rank (CMR) becomes relevant. It gives lenders a quick view of an MSME’s credit
A Permanent Account Number (PAN) is an essential document for filing taxes, opening financial accounts, carrying out high-value transactions and meeting several regulatory requirements in India. Using the correct application form is the first step towards completing the PAN registration process without delays or errors. From 1 April 2026, the Income Tax Department introduced
GST State Codes in India 2026: Full List of GST State & Union Territory Codes
Getting the GST code list wrong on an invoice can genuinely cause problems with your tax filing, since that two-digit prefix is what decides whether a transaction gets taxed as CGST plus SGST or as IGST in the first place. One wrong digit, and you could end up charging the wrong tax entirely or
बहुत से लोग ITR फाइल करने की कागजी कार्रवाई और तकनीकी नियमों को देखकर घबरा जाते हैं। असल में, अगर आपके पास सही जानकारी हो, तो इनकम टैक्स रिटर्न (ITR) फाइल करना बिल्कुल भी मुश्किल काम नहीं है। वित्तीय वर्ष 2025-26 (AY 2026-27) के लिए अपनी कमाई का सही ब्यौरा देना न केवल एक
An Annual Information Statement (AIS) is a consolidated financial statement from the Income Tax Department that tracks your investments, high-value transactions, foreign remittances, and tax deductions across a financial year. It pulls this data from banks, employers, and other reporting entities, giving you one place to check everything before you file. Reviewing your AIS
Ever wondered why two borrowers with similar incomes get completely different loan approval outcomes in India? The answer often lies in a single underwriting metric used by banks and NBFCs, the FOIR (Fixed Obligation to Income Ratio). From personal loans and home loans to business credit, lenders use FOIR as a real-time reality check
