A franchise is a business that operates under an established brand name. It's like partnering with a successful restaurant owner and adopting their proven business model.

SMA stands for Special Mention Accounts in CIBIL reports, indicating accounts showing signs of becoming NPAs within 90 days. The Reserve Bank of India (RBI) introduced SMA in 2014 to identify accounts likely to become NPAs soon.

LSS on a CIBIL report means "Lender Settled Status." It indicates that the borrower has settled a credit account with the lender for a reduced amount through negotiations.

In India, CICs are licensed by the Reserve Bank of India and regulated by the Credit Information Companies Regulation Act, 2005 (CICRA), along with RBI guidelines. According to Section 15 of the CICRA, every credit institution, like banks, must be a member of at least one CIC.

Lets deep dive into what is the difference between revolving credit vs installment credit and its impact on the credit score.

Unique Identification Number: What is UIN in GST, its importance, who qualifies as a UIN holder, and how it operates within the GST framework.

Unit Quantity Code: It is a standardized code system used to represent the units of measurement for goods and services in GST returns. Read to know more about its importance, challenges & benefits.

Point of Sale (POS) refers to the location where a sale is completed. Read to know more about meaning of the Point of Sale, its importance under GST, and how it affects various types of transactions.

Want to grow your e-commerce business? Follow these 15 ways & strategies to grow your online business with easy business finance options.

To run a successful business, there are certain things that you simply can’t ignore, one of them being the taxes that you need to pay to the government. Read to know more about how can you can implement these in your business.