Udyam Registration Process: Complete Guide for MSMEs
Posted on Thursday, October 24th, 2024 |
Micro, Small, and Medium Enterprises (MSMEs) form a vital part of the Indian economy. Whether it is creating jobs or adding value to GDP, the contribution of MSMEs to the Indian economy is immense. To support and promote these enterprises, the Indian government has introduced the Udyam Registration process. MSMEs can enjoy a host of…
Read moreWhat is Udyog Aadhaar and How Does it Benefit MSMEs?
Posted on Wednesday, October 16th, 2024 |
You must be familiar with the Aadhaar number issued by the Unique Identification Authority of India (UIDAI), which serves as an identity and address proof for all citizens. But did you know there is a similar identification document for businesses called Udyog Aadhaar? Udyog Aadhaar is particularly tailored for businesses to access funding and government…
Read moreDo MSMEs need a GST number for Udyam certificate?
Posted on Friday, December 16th, 2022 |
For any business to be legally recognized as a supplier of goods and services, registration in the tax system is the most fundamental requirement. Without registration, you can neither collect tax from your customers, nor claim any input tax credit of the tax paid by your enterprise. As the name suggests, GST Registration is the…
Read moreMSME Udyam Registration process and benefits: Step-by-step guide
Posted on Friday, December 9th, 2022 |
The MSMEs, or the Micro, Small, and Medium Enterprises play a vital role in the economic growth of the developing nations. In the last five decades, MSMEs have helped India reduce economic disparity, rural-urban divide, and regional imbalances. The Indian MSME sector produces over 6,000 different products, which account for 45% of all industrial jobs,…
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