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How To Get Business Loan

 To get business loan. Seven successful process to be kept in mind  * Good credit history * Good cash flow * Financial document in order * Good solid business plan * Valuable business plan * Get expert advisor * Strong business experience

Avail at Low Interest Rate

 We provide you business loan at low interest rate at both National banks and NBFCs 

Which is high interest rate - credit card or personal loan?

 Interest rates are basically higher for a Loan against Credit Card as compared to Personal Loans

Union Budget 2022-23

*Defence R&D to be opened up for statrtups, industry and academia *Allocation for Emergency Credit Guarantee Scheme for MSMEs increased by Rs50K Cr *Incentive of tax deduction increased by one year for incorporation of startups *Crypto, NFTs and other Virtual Digital Assets will now be taxed flat at 30% *Announcement of Digital Rupee using Blockchain Technology which is to be issued by RBI *India to post 9.2% GDP Growth-Highest among major economies *5G Spectrum Auctions to be conducted this year. 5G services launch in India by 2023 *High quality e-content to be created for students of government schools *400 new-gen 'Vande Bharat' trains *National tele mental health programme to be launched *Custom duty on cut and polished diamond, gems reduced to 5% *E-passports with embedded chip *Kisan drones for crop assessment, land records etc *Two year window to file revised tax returns

Can Business Loan Affect Personal Credit

As per law, sole proprietors are legally responsible for the accountability of their business; from now if you evasion on your business loan it will directly impact your personal credit score.   In partnership business, it is nearly the similar as a sole proprietorship and your personal credit score is returned key.

Tax Paybacks on Business Loan in Bangalore

 Are business loans taxes deductible? The response is yes; the interest you recompense on your business is tax deductible that is commonly subtracted from your gross income. As per the Income Tax Act, 1961, you can avail deduction on business loan interest that is paid from business earnings.