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 […]
Introduction Simply having big dreams is not going to work if you are trying to grow your business. You need more – a game plan, some cash flow, and the financial schemes supported by public and private entities. In India, there is a whole buffet of government business schemes meant to give a boost
With the fearsome increase in the consumption of electricity, worldwide, the importance of sustainable sources has also increased. Both the central and the state governments of India have planned and laid out various schemes, offers, and techniques that encourage more and more people to indulge in the adaptation of solar energy. Moreover, it is
What is a Fake GST Invoice? The rise of scams involving fake GST invoices is of great concern. Most cases comprise the use of fake GST invoices for incorrect availing of undue input of tax credit (ITC). The government introduced the Goods and Service Tax (GST) as a successor to its predecessor VAT system
Overview: PMEGP’s full form is Prime Ministers Employment Generation Programme which commenced on 31st March 2008 by merging the earlier PMRY (Prime Minister Rozgar Yojana) and REGP (Rural Employment Generation Programme). It was a measure to integrate the two programs with similar goals to concentrate on a unified effort to encourage the youth to
GSTIN is a Goods and Services Tax Identification Number that is assigned to each person registered under GST. In simple terms, this answers the question what is gstin for most taxpayers. It is a 15-digit unique identification number also known as the gstin number. The Tax Identification Number or TIN has been substituted with
What is Aadhaar PVC Card? Aadhaar PVC Card is a wallet-sized version of Aadhaar issued by the Unique Identification Authority of India (UIDAI). It is printed on durable Polyvinyl Chloride (PVC) material and contains advanced security features such as a secure QR code, hologram, ghost image, microtext, issue date, and Aadhaar logo. Unlike the
