Jewellery Business Advantages and Disadvantages
Without a doubt, there is a lot of money to be made in the jewellery business. And since this business has been going around for many centuries now, that’s a strong indication that it is an evergreen business to start. See, people buy jewellery for…
11 Manufacturing Business Ideas Under 2 Lakh Rs. in India
India’s manufacturing sector has seen unprecedented growth in recent times and is likely to go onto become one of the major areas in overall economic growth. With the nation already on its way to becoming one of the top economies of the world, the door…
12 Manufacturing Business Ideas Under 1 Lakh Rs. in India
Becoming a business owner is a great initiative to start with in life. You can become an owner and offer products and services besides providing employment opportunities to people. But being a business owner comes with its own set of caveats likely in…
11 Best Franchise Under 5 Lakhs Rs. In India
There are nearly hundreds of franchise opportunities in the business scene of India, but still, not every franchise opportunity is perfect for everyone. There are a lot of things to consider, like which part of the market you are interested in, what…
Impact of GST on the Automobile Sector in India
The automobile sector is huge in India and comes with many operational challenges. Low-profit margins, high fixed costs, and ever-changing emission norms pose new challenges for India’s automobile sector. Even the people in India seek…
Impact of GST on the Construction Industry in India
Since India is a developing economy, the construction industry in India is huge. Because of the availability of disposable cash, many people are building their homes, and there is also a surge in sky scrapper. With the implementation of GST, everyone was…
11 Best Franchise Under 10 Lakhs Rs. In India
Without a doubt, an investment of 10 lakh rupees for a business in India is a pretty good one. With such a decent investment, you can definitely give a good start to your business initially, which will be incredibly beneficial in the long run. And when…
Types of GST – SGST, CGST, IGST and UGST Explained
The government earns revenue with two taxes. These are direct taxes and indirect taxes. An example of direct taxation is income tax, and an example of indirect tax is GST. GST stands for Goods and Service Tax. This is a value-added tax that replaced all…
Impact of GST on Consumers in India
Until 2017, the indirect tax structure in India was quite complicated. It was simplified with the introduction of GST in the country. GST not only combined all the taxes but also helped eliminate the cascading effect of tax and double taxation. The tax…
Impact of GST on Textile Industry in India
The textile industry is one of the most basic industries in any economy. Food, shelter and clothing come at the bottom of Maslow’s Hierarchy of Needs. By this itself, you would have understood the importance of the textile sector. The textile…