Everyone thinks of trying their hands on doing their own business at least once during their lifetime. Those who do not have millions to being their business prefer taking a smaller route through micro, small and medium scale enterprises. However, the first thing they struggle with is the business idea and the scope of profitability….
Pradhan Mantri Mudra Yojana (PMMY) is a scheme initiated by Government of India to provide loans up to Rs. 10 lakh to non-corporate, non-farm small/micro enterprises. Under PMMY, people involved in non-farm activities can avail loans up to Rs. 10 lakh. The loans are offered under Mudra scheme by Private Sector Banks, Non-Banking Financial Companies…
Entrepreneurship ventures are definitely not a new concept in India, however, in an age where a range of benefits are offered to start-ups, women entrepreneurs are still a distinct minority. In order to spur further growth of entrepreneurial initiative among women, leading financial institutions in India, including nationalized banks, have introduced various loan schemes that […]
Have you ever thought of doing a business but didn’t initiate? Well, you are not the only one who wants to start a business but unable to because of any reason. Farsightedness and money mindedness of an individual are essential traits to become a good businessman. The word ‘business’ itself has a lot of weightage…
Building the bright future for our country’s youth might be difficult, but guiding the youth to make their future bright is quite possible. To make this possible, Government of India launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) under Ministry of Skill Development & Entrepreneurship (MSDE). PMKVY enables country’s youth to get industry-relevant skill training that…
हिंदी में पढ़े Young business owners and start-up entrepreneurs have increased manifold in last few years, witnessing the rapid growth of e-commerce industry. These first-time business owners or enterprises strive to grow their business by bringing new and innovative ideas to work, making money from the businesses, thus contributing to the growth of Indian economy….
Planning to take Loan Against Property? Let’s discuss top banks and NBFCs that offer loan against property at attractive interest rates.
As the general elections are going to be held in April and May 2019, the Government has started initiating on providing affordable housing to the MIG (Medium Income Group) segment of the society. Recently, Government also announced to cut down the GST rates in the real estate sector to boost the housing demand. This GST…
The tax benefits on Top-up loan include a deduction of up to Rs. 1.5 lakhs on the principal repayment under section 80C. However, if the property is sold within 5 years, the tax benefit will be overturned. The second benefit is a deduction up to Rs 2 lakhs on the interest paid under section 24 of the Income Tax Act in a financial year
What is MUDRA? MUDRA (Micro Units Development and Refinance Agency Limited) is a non-banking financial institution established in April 2015 by the Government of India. It aims to provide integrated financial support to the micro enterprises sector. The basic motive of establishing MUDRA is to extend the facility of institutional finance to small business entities […]