INCREASE YOUR VALUE
Starting a business can be daunting with all the clerical routine and bookkeeping. Even with a few simplifying laws like GST which have contributed to the ease of doing business by eliminating redundant processes, it still requires a lot of effort when you are trying to grow your business. The journey of starting a business to increase its value can be cumbersome as it includes many new compliances are to be taken care of. One such compliance is GST, where any business grows its monthly revenue by more than a certain amount- it needs to comply with the laws.
Another way to increase the value of your business is to register under the 'Start Up India' scheme where the government- in an effort to support the start-up ecosystem- offers a lot of rebates to growing businesses. With strict eligibility criteria, businesses can apply for Start up India Registration and avail multiple benefits. Read ahead to know more about both the processes and reach out to our experts if you want to register under Startup India or avail GST Registration for your business. If you are someone who wants to know about more relevant services, please reach out to us through the 'Contact Us' page.
Startup India Registration:
Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities. The Government through this initiative aims to empower startups to grow through innovation and design.
Several programs have been undertaken since the launch of the initiative on 16th of January, 2016 by Hon’ble Prime Minister, to contribute to his vision of transforming India into a country of job creators instead of job seekers. These programs have catalyzed the startup culture, with startups getting recognized through the Startup India initiative and many entrepreneurs availing the benefits of starting their own business in India.
GST or the goods and service tax is levied by the government, which has replaced many indirect taxes in India. GST is an indirect tax that has subsumed many indirect taxes in India such as the excise duty, VAT, Service tax, etc. The act was passed by the parliament on 29th March and it was implemented on 1st July 2017.
MSME Registration :
Small scale businesses play a vital role in improving the economy of any country. To encourage new and existing business, the government of India has launched many schemes to help small and medium scale businesses to sustain and grow. To avail all these beneficial schemes, you need to get your MSME registration done. MSME registration is also known as Udyog Aadhaar or SSI registration.