MudraLoan in India MudraLoan in India function as a means of offering financial assistance to small businesses and entrepreneurs through a range of financial institutions. Overview of how mudra loan work in India: 1. Loan Categories: MUDRA loans are divided into three categories based on the stage and funding needs of the business: a.… Read More »
Mudra Loan for Small Business Mudra Loan for Small Business, The Government of India introduced the MUDRA (Micro Units Development and Refinance Agency) Loan scheme with the objective of extending financial support to mudra loan for small business, startups, and micro-enterprises. This initiative aims to facilitate access to much-needed funds for these entities, fostering… Read More »
LLP and Sole Proprietorship The transformative decision of selecting between a Limited Liability Partnership and a Sole Proprietorships influenced by an array of factors. It is ranging from your business goals to liability protection, and even management structure. Within this captivating landscape, careful consideration of these elements paves the way for an informed… Read More »
How LLP is better than partnership Limited Liability Partnerships (LLPs) provide numerous advantages over traditional partnerships, making them a preferred choice for many businesses. Here are some reasons which explain why an LLP is better than partnership: 1. Limited Liability: One of the significant advantages of an LLP is that it provides limited liability… Read More »
Mudra scheme Mudra scheme Website Link Mudra scheme: (Micro Units Development and Refinance Agency) aims to provide assistance to micro and small enterprises operating in diverse business sectors.. Here are some examples of businesses that can benefit from Mudra scheme: 1.Manufacturing Businesses: Small-scale manufacturing units producing goods such as textiles, garments, food products, handicrafts, or… Read More »