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 […]
The introduction of the Goods and Services Tax (GST) has simplified the indirect taxation system in India. While most goods and services fall under GST, several GST exemption categories reduce the tax burden. This blog explores the GST exemption list, including various exempted goods and services, along with key GST-exempt goods and GST-exempt services
The Jan Aadhaar Yojana was introduced by the Rajasthan government to streamline identification and welfare delivery. If you are wondering how to get Jan Aadhaar Card, this guide explains the complete process including Jan Aadhaar registration, Jan Aadhaar KYC, and Jan Aadhaar download. The scheme follows the concept of ‘One Number, One Card, One
Delayed payments have long been one of the biggest challenges faced by India’s micro and small businesses. When payments are held up for months, MSMEs often struggle with cash flow shortages, delayed expansion plans, and difficulties in meeting operational expenses. To address this issue, the government introduced Section 43B(h) through the Finance Act, 2023.
The GST in India system is a destination-based indirect tax levied on every value addition in the supply chain. Introduced on 1st July 2017, GST replaced multiple indirect taxes like VAT, service tax, and excise duty to create a unified tax structure. Understanding the features of GST and the core characteristics of GST is
How to check DBT status online with Mobile number and Aadhaar card
Direct Benefit Transfer (DBT) allows eligible government benefits to be credited directly to a beneficiary’s bank account. You can use official services such as UIDAI, PFMS, and the relevant scheme portal to check bank linking, beneficiary details, or payment status. What is Aadhaar DBT Status? Aadhaar DBT status helps you understand whether your Aadhaar
Key Takeaways What is a UTR Number & How To Check It? Let’s start by addressing ‘what is UTR Number’. It stands for the unique transaction reference number and the number is generated every time an electronic fund transfer is made from one bank account to another. This unique number makes it easier to
