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 […]
India’s taxation system has undergone a major transformation with the introduction of GST. Before its implementation in 2017, businesses had to deal with multiple indirect taxes, including VAT, service tax, excise duty, and entry tax. This not only made compliance complicated but also led to tax-on-tax, increasing the overall cost of goods and services.
JanSamarth Portal: Apply for Government Loan Scheme Online (2026 Guide)
National Portal For Credit Linked Government Schemes On June 06, 2022, Prime Minister Mr. Narendra Modi announced the launch of ‘The Jan Samarth Platform. The PM took to Twitter to address the launch of the new initiative. As outlined in a statement by the Prime Minister’s Office on Twitter, the Jan Samarth Platform is
The RoDTEP scheme is a newly designed plan initiated by the Indian Government to better assist exporters. RoDTEP full form is Remission of Duties and Taxes on Exported Products. On January 1, 2021, the day it was first officially confirmed in the press, this plan replaced the pre-existing MEIS scheme. The MEIS full form
A venture capital fund is a pooled investment tool that provides high-risk financing to start-up and early-stage companies with exceptional growth potential in exchange for equity ownership. Understanding what is venture capital fund, including its types (seed, early-stage, expansion, and mezzanine capital) and its role in providing not just capital but strategic guidance, is
The global economy, and particularly the economies of developing nations, have been significantly reinforced by the growth of Micro, Small, and Medium Enterprises (MSMEs). These organisations have become amazingly vibrant and increasingly flexible, acting as the engine of the Indian economy. To formalise this sector, the government introduced the Udyog Aadhaar (MSME Udyog Aadhaar),
Goods and Service Tax, also better known as GST, is one of India’s indirect tax regimes for the consumption and supply of goods and services. GST returns are a form that a taxpayer recorded under the same law must file for every GSTIN. GSTIN is a special 15-digit code assigned to each taxpayer based
