MSME: What Kind of Businesses Are Tax Exempted?
Posted on Monday, June 26th, 2023 |
Taxation is an essential aspect of running a business, as it helps fund public services and infrastructure. However, certain businesses may be eligible for tax exemptions, allowing them to reduce their tax liabilities or even be completely exempt from paying certain taxes. In this blog post, we will explore the types of businesses that are…
Read moreMSME: Understanding GST and How to Apply for It
Posted on Monday, June 19th, 2023 |
Goods and Services Tax, popularly referred to as GST, is a comprehensive indirect tax levied on the supply of goods and services in the country. It has replaced multiple taxes such as central excise, service tax, VAT, and more, simplifying the taxation system and promoting a unified market across the country. If you’re a business…
Read moreMSME: What is Startup India Seed Fund Scheme?
Posted on Friday, June 16th, 2023 |
India’s startup ecosystem has witnessed tremendous growth in recent years, with a surge in innovative ideas and entrepreneurial ventures. Recognizing the importance of nurturing and supporting these startups, the Government of India has introduced various initiatives and schemes. One such initiative is the Startup India Seed Fund Scheme, which aims to provide financial assistance to…
Read moreWhat is a MSME Loan and who is eligible for It?
Posted on Thursday, June 1st, 2023 |
Micro, Small, and Medium Enterprises (MSMEs) play a vital role in the economic growth and development of any country. These businesses often require financial support to fuel their expansion, manage working capital, or invest in infrastructure. That’s where MSME loans come into the picture. In this blog, we will explore what an MSME loan is,…
Read moreHow to Get a Business Loan for a Franchise Business?
Posted on Wednesday, May 31st, 2023 |
Starting a franchise business can be an exciting opportunity for aspiring entrepreneurs. Franchises offer a proven business model, established brand recognition, and ongoing support from the franchisor. However, like any other business venture, financing is a crucial aspect that needs careful consideration. One common question that arises is whether it is possible to secure a…
Read moreDocuments required to open a Current Account
Posted on Monday, March 27th, 2023 |
The business landscape in India is always evolving and becoming increasingly complex. In this context, managing a company’s finances can be a daunting task. One crucial aspect of financial management for businesses is managing their current account. A current account is a type of bank account that is designed for businesses to carry out their…
Read moreCan current account holders use UPI?
Posted on Thursday, March 23rd, 2023 |
Unified Payments Interface, popularly known as UPI, is a revolutionary payment system that has transformed the way people in India transfer money. It allows for seamless and instant transfers between bank accounts using a mobile application. UPI has made banking simpler, faster, and more secure. However, many people are still unsure about whether current account…
Read more5 reasons why small businesses must have a current account
Posted on Friday, March 17th, 2023 |
India’s ever-growing business landscape has created a highly competitive environment for small businesses. With a large number of startups and small businesses vying for market share, it has become increasingly challenging for small businesses to differentiate themselves and succeed. Hence, managing finances effectively has become extremely critical for small businesses to survive this cut-throat competition…
Read moreHow do I close current account, if I don’t close what will happen?
Posted on Friday, January 6th, 2023 |
Your business keeps on evolving, and so do your banking needs. If your bank is not able to fulfil your banking needs, then it is not the right banking partner for your business. IndusInd Bank account holders enjoy comprehensive banking facilities that cater to the present business requirements and hold up for their future expansion…
Read moreDo banks pay interest on a Current Account?
Posted on Saturday, December 31st, 2022 |
Whether you are looking to save money or carry high volume transactions, banks offer a wide variety of accounts based on your requirements. These include savings accounts, salary accounts, current accounts, NRI accounts, etc. that you can access anytime, from anywhere with facilities like mobile and internet banking. You can transfer funds online, pay bills,…
Read moreHow to get a Loan on Current Account?
Posted on Thursday, December 29th, 2022 |
If you are running a business or planning to start a new one, then a current bank account is one of the most essential requirements. A current account is a type of deposit account that offers significantly higher number of transactions in terms of deposits and withdrawals. It’s key objective is to facilitate seamless transactions…
Read moreHow an IndusInd Bank current account can help your business?
Posted on Monday, May 23rd, 2022 |
For any business, having a current account is very important in order to conduct their day-to-day transactions with ease. A current account is a business bank account that has no cap on the number of transactions made daily and comes with a number of other benefits like the overdraft facility, free NEFT/RTGS & IMPS transactions,…
Read more5 Reasons Small Businesses Should Have a Current Account
Posted on Tuesday, April 19th, 2022 |
For any business, having a current account is very important in order to conduct their day-to-day transactions with ease. A current account has no cap on the number of transactions made daily and comes with a number of other benefits like the overdraft facility, free NEFT/RTGS/IMPS transactions, and internet banking. So, if you are a…
Read moreCommon Mistakes to Avoid When Opening a Current Account
Posted on Wednesday, March 9th, 2022 |
A current account is a zero interest rate bank account popular among business owners who carry out large amounts of transactions regularly. Like a regular savings account, current account holders can also withdraw, deposit and transact money but with higheror no limit. Current accounts nowadays also come with the facility of direct deposit or auto-pay….
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