The government has decided to extend the ECLGS scheme to include individual entrepreneurs. This is a move to cover the lag in the economic growth caused due to Pan-India lockdown and the COVID pandemic. Individual entrepreneurs head more than 6.3 crore Micro, Small and Medium Enterprises (MSMEs), and larger companies across India. Under this scheme, … Continue reading Emergency Credit Line Guarantee Scheme(ECLGS) to cover individual entrepreneurs
Writing a book is a rare feat. It becomes rarer when you write your first book by 16, it becomes further rarer when you write two by the time you are 18. That’s the opening line for Udita for you. From picking her first freelancing gig in class 9 to now doing growth marketing for … Continue reading Udita: Author by the age of 18 to becoming a growth marketer
Not working as a full-time employee? Doesn’t matter. Freelancers are also liable to pay income tax. Any income earned from a profession requiring to display intellectual or manual skills is taxed under the head ‘Profits and Gains from Business or Profession’ in the Income-tax Act. A freelancer is recommended to collect all their income through … Continue reading How to file ITR as a Freelancer?
Nilesh is the quintessential geek one will come across. He took his passion for playing computer games to making them at an early age. Built his first website when he was in 9th Standard to starting up a Web Hosting business pretty early, Nilesh was always ahead of his times. He landed his first freelancing … Continue reading Nilesh: A geek who landed his first tech gig by writing articles for a magazine
Medium, Small and Micro Enterprises (MSMEs) are the strength of the Indian economy. The sector alone contributes to 30% of the GDP and 40% of the total exports. In alignment to the Make in India vision, the government had taken several steps to support MSMEs. Starting with allocating USD Dollars 1 billion to the MSME … Continue reading MSMEs: Digitise and modernise to thrive
Troubled running after clients asking for your payment? Don’t worry, you are not the only one. From late payments to getting completely ghosted, freelancers and small businesses face a lot of payment issues frequently. Apart from facing issues of meeting your own financial obligations, chasing after payments also leads to wastage of your valuable time, … Continue reading How to collect Faster Payments?
From being a sub-titlist in Bollywood to writing content for Gaming companies and to now creating a platform for reviewing horror content, Roy’s journey has been humble, inspirational, and that of a quintessential Indian middle-class boy. With a dream of creating a platform for the Alternate Genre creators and for India’s own products, Roy is … Continue reading Roy D’Silva: From a Bollywood sub-titlist to creating a platform for Alternate Genre
As Lawrence Bossidy said, “Nothing we do is more important than hiring and developing people. At the end of the day, you bet on people, not on strategies.”. The emphasis on correct recruitment holds true in the light of the fact that businesses are built on the kind of synergy that its people bring to … Continue reading When to hire a Freelancer vs full timers
Few people have the clarity of what they want to do in their professional life. Gyan is a clear-headed professional who ditched a dream Engineering job at Flipkart to pursue a formal education in design. With a lot of design freelancing projects in his portfolio, an internship and 5 gruelling rounds of interview, he finally … Continue reading Gyan Lakhwani: Freelancing His Way To UX Designer At Microsoft
Insolvency and Bankruptcy Board of India (IBBI) has proposed a new framework for micro, small and medium enterprise (MSME) insolvency resolution process, reducing the time limit to less than 180 days. The plan aims to focus on making the procedure more cost-effective, quicker and easier allowing the debtors to continue running the business while allowing … Continue reading Insolvency resolution: Cheaper, faster and easier process on cards for MSMEs