Whether it is about providing effective business solutions or simplifying banking needs, corporate banking in India has emerged as an indispensable part of India's Industrial sector.
The government proposed to reduce the Income Tax for those companies with an annual turnover of upto Rs 50 crore to 25%. This aims to give the MSMEs a reduction of 5% from the current applicable rate of 30 percent
The Union budget 2017 holds a significant importance for the digital economy, especially after the demonetisation drive by Prime Minister Narendra Modi.
With the Start-up initiative at the fore, we can see a new set of concessions on employee stock options, unlisted securities and convertible instruments.
The main advantage BHIM app is that you don't have to remember the banking details. All you need is a virtual payment address of the payee to make a digital transaction.
ShopX believes that there is just a minuscule of a population that falls in the self-help category, equipped with gadgets, digital wallets. The rest belong fall in the category who aren't comfortable buying things online, using net-banking and would still prefer to go to the nearby market to buy their day-today needs.
With digital lending platforms offering working capital finance in a click of a button, these segments will be able to avail easy, instant credit and eventually drive up business volumes - Capital Float