Ever thought about getting a business loan, but you don’t apply because lenders say they’ll need your GST documents also? That is correct, but only if your business is legally required to have a GST registration! You can still get a business loan even if you aren’t a GST registered business if your business doesn’t…
Daily Tip: You may be able to get an SME loan without GST documents
How To: Download my ITR to give to the lender to apply for SME financing
When you’re applying for SME business financing, either using CreditEnable’s technology platform or directly with the lender, you need to submit your Income Tax Returns (ITR) acknowledgement and Computation of Income along with your loan application. Your Income Tax Return–Verification (ITR-V) form is a single-page document that the Income Tax Department automatically generates when you…
CreditEnable SME Contest: Rules and Frequently Asked Questions
What is the CreditEnable SME contest? From 4-10 October 2021, CreditEnable is celebrating SMEs (Small and Medium Enterprises)! We’re asking you to recognize the SMEs that you support and those who have positively impacted your life this year by tagging them in our Facebook post and enter for a chance to win a Flipkart gift…
CreditEnable Facebook Contest – Official Contest Rules
NO PURCHASE IS NECESSARY TO ENTER OR WIN. MAKING A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED OR RESTRICTED BY LAW. 1. The sponsor of this Contest is CREDITENABLE (“Sponsor”). By participating in the Contest, each Entrant unconditionally accepts and agrees to comply with and abide…
Do I Need to Get Health Insurance for My Employees?
Having health insurance coverage makes our lives a lot easier. Depending on the kind of insurance plan you have, you don’t have to worry about visiting a doctor if you’re feeling unwell or undergo surgery because your insurer will cover the cost. During the pandemic, health insurance has been able to save the lives of…
New ITR Filing Portal Launched on 7 June 2021: All You Need to Know
After a “Blackout Period” of 6 days, the Income Tax (IT) Department launched its new Income Tax Returns (ITR) Filing Portal on 7 June 2021. This upgraded portal accessed via www.incometax.gov.in (instead of the old website – www.incometaxindiaefiling.gov.in) is designed to be more user-friendly, making the ITR filing process simpler and more transparent for taxpayers. According to the…
Top Tips: How to Leverage Technology for Your Business During COVID-19 (Part 1)
COVID-19 continues to disrupt the economy and is probably having a big impact on your business. The rolling lockdowns and ever-changing restrictions and guidelines make it hard to manage day-to day and even harder to think about planning for the future, so we put together our top tips for how to use technology to keep…
Union Budget 2021: Key highlights for the MSME sector
The Union Finance Minister, Nirmala Sitharaman, on Monday 1st February announced the Union Budget 2021. We have listed down the key highlights from the announcement that will impact the MSME sector. Key Highlights for the MSME sector: A proposed capital expenditure of ₹15,700 crores was announced for the Micro, Small and Medium Enterprises (MSME) sector…