March 6, 2025

Employment on the Rise, but WageGrowth Lags Behind Inflation

Employment on the Rise, but Wage Growth Lags Behind Inflation

Niti Aayog member Arvind Virmani has said that while employment is increasing in India, real wages for regular jobs have not kept pace with inflation over the past seven years. India has an opportunity in terms of the global population, and there is a need to take advantage of it. For this, improving the quality […]

Trade Receivables Discounting System (TReDS)

Trade Receivables Discounting System (TReDS)

The Trade Receivables Discounting System (TReDS) is an online platform introduced by the Reserve Bank of India (RBI) to help Micro, Small, and Medium Enterprises (MSMEs) get quicker payments for their invoices. It enables MSMEs to sell their unpaid invoices to financiers (banks and NBFCs) at a discount, ensuring faster cash flow. Eligible Entities The

Transport Loan Scheme

transport loan scheme

“Transport Loan Scheme” by the Delhi Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities & Safai Karamchari Finance and Development Corporation (DSFDC), Government of NCT of Delhi, aims to promote self-employment among beneficiaries of the target groups by providing term loans for the purchase of Light Motor Vehicles (LMVs). The scheme offers financial assistance up

Proof of Concept (POC)

Proof of Concept (POC)

A Proof of concept (POC) is the process of gathering evidence to support the feasibility of a project. Project managers perform a POC in the early stages of development before committing too much time and resources to a project. The purpose of a proof of concept is to demonstrate project viability to product teams, clients,

Note Book Manufacturing – Business Plan

Note Book Manufacturing - Business Plan

Starting a notebook manufacturing business can be a profitable venture, as notebooks are always in demand by students, professionals, and businesses.There is always a demand for notebooks amongst students and businesses. Though the internet has changed the way we communicate and transfer messages, the requirement for writing tools and stationary has never decreased. Types of note

Section 11 – Trade Marks Act, 1999

Relative grounds for refusal of registration (1)Save as provided in section 12, a trade mark shall not be registered if, because of— (a)   its identity with an earlier trade mark and similarity of goods or services covered by the trade mark; or (b)   its similarity to an earlier trade mark and the identity

TDS on Property Purchase

TDS on Property Purchase

TDS or tax deducted at source refers to the process of collecting income tax at source by the government of India. It is a kind of spot deduction of tax from the original source of income. TDS is deducted as per the Indian Income Tax Act, 1961. TDS is controlled by the Central Board for

Karuvoolam IFHRMS

Karuvoolam IFHRMS

The Tamil Nadu State Government at the state level has initiated the digitalization of its human resource management structure and simplification of financial activities by launching an online payment website, known as the Integrated Financial and Human Resources Management System (IFHRMS) or Karuvoolam IFHRMS. This decision marks a significant milestone for the Tamil Nadu State

GST on Horse Racing

GST on Horse Racing

Horse racing falls under the ambit of betting and gambling, which attracts a higher rate of GST. The taxation of horse racing involves multiple aspects, including entry fees, betting amounts, and commission earned by bookmakers or totalizators. Value of supply in case of Betting, Horse racing etc Before understanding the applicable GST rates on betting, horse racing

NIDHI-PRAYAS

NIDHI PRAYAS

NIDHI PRAYAS (National Initiative for Developing and Harnessing Innovations – PRomoting and Accelerating Young and ASpiring Innovators & Startups) is a government-backed program under the Department of Science and Technology (DST), Government of India. It is implemented by the National Science & Technology Entrepreneurship Development Board (NSTEDB).NIDHI- PRAYAS Program aims at providing prototype funding to convert