India’s manufacturing sector is taking a transformative leap, growing at over 4% from 2023 to 2028. MSMEs contributed 35.4% of the total manufacturing output of 2023-24 and made up 90% of the total machine manufacturers in India. Strong promotions by... View Article
Data from the MSME Samadhaan portal estimates that the total outstanding payments to MSMEs in India as of April 2024 exceeded Rs 20.7 thousand crore. This problem of delayed payments and prolonged payment cycles can pose significant challenges for MSMEs... View Article
Overview Background In any business, capital flow often poses a significant challenge. Effective capital flow management is crucial because it ensures that a business has enough liquidity to meet its short-term obligations and invest in growth opportunities. Without adequate capital... View Article
Synopsis: An effective credit management plan tailored to your business, industries, and customer behavior can get you through even in the most volatile market environment. The key is to set clear policies, define credit limits, standardize the credit approval process,... View Article
Synopsis: In this article, we will outline how GST, the poster child of the indirect tax regime, impacts enterprises seeking business loans. The Indian government introduced the Goods and Services Tax (GST) regime in July 2017 to streamline the indirect... View Article
Synopsis: In this guide, we highlight the best 7 tips that will help you navigate the complexities of retirement planning while paving the way for a financially secure future. In the realm of personal finance, nothing beats the importance of... View Article
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