• Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Sunday, May 22, 2022
Business System Guide
Advertisement
  • Retail
  • Wealth
  • Cryptocurrency
  • HealthCare Technologies
No Result
View All Result
Business System Guide
  • Retail
  • Wealth
  • Cryptocurrency
  • HealthCare Technologies
No Result
View All Result
Business System Guide
No Result
View All Result
Home Business

Udyam Registration Benefits

by Nala Samir
2 years ago
in Business
0
Udyam Registration Benefits
160
SHARES
2k
VIEWS
Share on FacebookShare on Twitter

A new process of classification and registration of MSME Enterprises was launched on July 1, 2020 under the name of ‘Udyam registration’. The Union Ministry of Micro, Small and Medium Enterprises (MSME) had made the announcement regarding the same through a notification on June 26.

Following are the benefits of obtaining Udyam Registration:-

  • The business owner can avail octroi and tax conession in states laws as applicable.
  • Claim stamp duty and registration fees waiver.
  • Exemption of 1% interest rate on Overdraft.
  • Can avail subsidy from NSIC and credit ratings & Eligible for IPS subsidy.
  • Reimbursement on the payment made for obtaining the ISO certificate.
  • Reservation of products for exclusive manufacturing by MSME and SSI.
  • Avail Excise Exemption Scheme.
  • Avail exemption while applying for government tenders.
  • Exemption under direct tax laws.
  • Enjoy easy bank mortgages and Bank Business Loans
  • Bank loans become cheaper as the interest rate is very low (Upto 1.5% lower than interest on regular loans
  • Becomes easy to get licenses, approvals and registrations, irrespective of field of business as business registered under Udyam are given higher preference for government license and certification.
  • Registered Udyams gets tariff subsidies and tax and capital subsidies
  • Interest rate Subsidy on Bank loans
  • Protection against delayed payments, against material/services supplied
  • Ease of obtaining registrations, licenses, and approvals.
  • MSME Registered entity gets eligible for CLCSS (credit linked capital subsidy scheme)
  • Subsidy is available for Patent registration
  • Industrial Promotion Subsidy (IPS) Subsidy Eligibility
  • One can avail 100% Collateral Free loans from all banks
  • Special consideration on International Trade fairs
  • Bar Code Registration Subsidy
  • Waiver in Security Deposit in Government Tenders and Departments
  • Concession in Electricity bills

This is all about the basics of Udyam Registration. Once your MSME is registered under udyam you would need business software to manage daily business transactions. EZO is an all purpose Accounting software as well as a business app that helps in Billing, Inventory management, Banking, Invoicing and much more.

Related Posts

How Technology Is Influencing Web App Development
Business

How Technology Is Influencing Web App Development

May 17, 2022
Jobs And Hiring: How Placement Firms Are Revolutionizing The Process
Business

Jobs And Hiring: How Placement Firms Are Revolutionizing The Process

May 17, 2022
Minimizing Plastic Packaging Waste In Manufacturing
Business

Minimizing Plastic Packaging Waste In Manufacturing

May 12, 2022
Why You Should Consider a Home Equity Loan From Private Lenders
Business

Why You Should Consider a Home Equity Loan From Private Lenders

May 11, 2022
HOW TO CHOOSE AN AGRICULTURAL PUMP
Business

HOW TO CHOOSE AN AGRICULTURAL PUMP

May 4, 2022
How to Become the Best Street Cleaner Contractor Around?
Business

How to Become the Best Street Cleaner Contractor Around?

April 28, 2022

Recent Posts

  • 5 Ways to Use Your Diwali Bonus in a Smart Way May 20, 2022
  • How Technology Is Influencing Web App Development May 17, 2022
  • Jobs And Hiring: How Placement Firms Are Revolutionizing The Process May 15, 2022
  • Minimizing Plastic Packaging Waste In Manufacturing May 12, 2022
  • Why You Should Consider a Home Equity Loan From Private Lenders May 11, 2022
  • HOW TO CHOOSE AN AGRICULTURAL PUMP May 4, 2022
  • How to Become the Best Street Cleaner Contractor Around? April 27, 2022
  • What to Consider Before Picking a Lawyer for Sexual Assault Cases April 27, 2022
No Result
View All Result

2022

  • – May (6)
    • 5 Ways to Use Your Diwali Bonus in a Smart Way
    • How Technology Is Influencing Web App Development
    • Jobs And Hiring: How Placement Firms Are Revolutionizing The Process
    • Minimizing Plastic Packaging Waste In Manufacturing
    • Why You Should Consider a Home Equity Loan From Private Lenders
    • HOW TO CHOOSE AN AGRICULTURAL PUMP
  • + April (16)
  • + March (32)
  • + February (14)
  • + January (23)

2021

  • + December (13)
  • + November (17)
  • + October (12)
  • + September (17)
  • + August (16)
  • + July (23)
  • + June (32)
  • + May (18)
  • + April (18)
  • + March (17)
  • + February (22)
  • + January (17)

2020

  • + December (22)
  • + November (19)
  • + October (20)
  • + September (31)
  • + August (26)
  • + July (20)
  • + June (25)
  • + May (15)
  • + April (18)
  • + March (21)
  • + February (23)
  • + January (24)

2019

  • + December (2)
  • + November (24)
  • + October (3)
  • + September (2)
  • + August (2)
  • + July (4)
  • + June (2)
  • + April (1)
  • + March (1)

2017

  • + March (1)

Tags

Amazon Keywords Champions Academy coding classes Competitor Analysis cost-effective development company Development Team Building Ecommerce hiring an extended development team IHC IQIP noise mitigation printer toner from Toner Bee Short film competition short film contest platforms South Point Casino

Recent Posts

  • 5 Ways to Use Your Diwali Bonus in a Smart Way
  • How Technology Is Influencing Web App Development
  • Jobs And Hiring: How Placement Firms Are Revolutionizing The Process
  • Minimizing Plastic Packaging Waste In Manufacturing
  • Why You Should Consider a Home Equity Loan From Private Lenders
May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Apr    

Site Navigation

  • Home
  • Business
  • Companies
  • Economic
  • Management
  • Marketing
  • Partnerships
  • Services
No Result
View All Result
Wealth

5 Ways to Use Your Diwali Bonus in a Smart Way

Most people look for investment plans in which they can get maximum financial benefits when they get their Diwali bonus. ...

May 20, 2022
Business

How Technology Is Influencing Web App Development

Web app development was all about creating static pages that displayed information from the past. However, with the advent of ...

May 17, 2022
Business

Jobs And Hiring: How Placement Firms Are Revolutionizing The Process

It's no secret that finding a job can be tough. And it's especially hard if you're not sure where to ...

May 17, 2022
Business

Minimizing Plastic Packaging Waste In Manufacturing

As plastic fills the ocean, landfills and even the air around us, we must find ways to reduce our consumption. ...

May 12, 2022
Business

Why You Should Consider a Home Equity Loan From Private Lenders

A home equity loan is an unsecured loan that allows you to borrow against the value of your home. If ...

May 11, 2022
  • Retail
  • Wealth
  • Cryptocurrency
  • HealthCare Technologies

© 2020 Business System Guide. All Rights Reserved.

No Result
View All Result

© 2020 Business System Guide. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In