SDMC stands for the South Delhi Municipal Corporation, which is a government entity that is responsible for the infrastructural development of South Delhi. Therefore, every property owner of the city is mandated to pay the SDMC property tax to contribute to their community’s upliftment. Property tax is a vital source of revenue for any state […]
The scheme “Artisan Promotion” by the Delhi Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities, and Safai Karamchari Finance and Development Corporation (DSFDC), Government of Delhi, aims to provide artisans with opportunities to showcase their talents by participating in various national fairs and exhibitions (Shilpotsav, IITF, East Himalaya Expo, International Surajkund Mela) organized by the
House Rent Allowance (HRA) is an allowance (part of CTC) given by your employer to help you cover the cost of living in a rented accommodation. However, due to a lack of experience or understanding of how the salary structure works, many are not fully aware of how to utilize this allowance. No Income Tax
The scheme “Startup India Seed Fund Scheme (SISFS)” was launched by the Department for Promotion of Industry and Internal Trade (DPIIT) on 19th April 2021 with an outlay of INR 945 Crore to provide financial assistance to startups for Proof of Concept, prototype development, product trials, market-entry, and commercialization. Eligible startups can apply for the
DMart Vendor Registration allows businesses to become suppliers for DMart, one of India’s leading supermarket chains. DMart partners with vendors across various categories like groceries, FMCG, apparel, home essentials, and more.entrepreneurs to acclimatize their business methodologies to the new age. Supermarket chains are increasingly emerging as the preferred consumer option, thanks to its one-stop shopping
The companies initially used to exercise a practice of borrowing funds and then passing them to the subsidiaries and other associate companies through inter-corporate loans. Although, when it comes to compliance with the terms of the loan agreement, the holding Company can take a step back, which leaves the subsidiaries in the lurch. In order
The current value of a work order refers to the present financial worth of a work order at a given point in time. This value represents the total cost associated with completing the tasks or services outlined in the work order. It can include various factors like the scope of work, costs incurred to date,
Property tax is a type of tax levied on real estate properties. In India, the buyer of a property is required to pay TDS (Tax Deducted at Source) on the amount paid to the seller. The provision of TDS on Sale of Property was introduced to ensure that the government receives its share of taxes from the
The financing facility will be provided for funding Agriculture Infrastructure Projects at farm-gate & aggregation points to agri entrepreneurs, farmers, Primary Agricultural Cooperative Societies, Farmers Producer Organizations, Start-ups, state agencies, state sponsored Public Private partnerships, etc. All scheduled commercial banks, scheduled cooperative banks, Regional Rural Banks (RRBs), Small Finance Banks, Non-Banking Financial Companies (NBFCs) and National
The burn rate represents the speed at which an unprofitable company consumes its cash reserves. It’s the rate at which a startup company is spending its venture capital to finance overhead before generating positive cash flow from operations. It’s a measure of negative cash flow.Burn rate is most often a consideration for young life sciences or technology
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