Category: ARTISIAN CARD

Global Expansion: Understanding the Impact of Different Tax Systems

In today’s interconnected world, expanding a business internationally can open up new markets, diversify revenue streams, and strengthen brand presence. However, a crucial aspect of global expansion is understanding how different tax systems can impact business profitability and operations. This guide by My Dream Consultant, a top consultancy firm in India specializing in global business solutions, breaks down the essentials of tax systems worldwide, making it easier for companies to navigate the complexities of international taxation. What Are the Types of Tax Systems Globally? Countries around the world have unique tax structures influenced by their economic goals, political landscape, and fiscal policies. Below are some of the main types of tax systems you may encounter: Territorial Tax System In a territorial tax system, a country taxes only the income earned within its borders. This means that any profits earned abroad are not subject to the country’s taxes. Example: Countries like Hong Kong and Singapore adopt this model, making them attractive for companies with significant overseas operations. Worldwide (or Global) Tax System In a worldwide tax system, residents or corporations are taxed on their global income, regardless of where it is earned. Example: The United States primarily follows this system, taxing U.S. corporations on income earned anywhere in the world, though some credits or exemptions may apply. Zero or Low-Tax Jurisdictions Some countries offer extremely low or even zero corporate tax rates to attract foreign investment. Example: The Cayman Islands, Bermuda, and the UAE are well-known for their favorable tax policies, making them popular for multinational companies seeking tax efficiency. Get Your Firm Registered @60% Discounting Price —-! Click Here !—-   Key Tax Terms You Should Know Corporate Tax Rate: The percentage of a company’s income paid to the government in taxes. Double Taxation Agreements (DTAs): Treaties that prevent companies from being taxed twice on the same income when operating in two countries. Transfer Pricing: Pricing of transactions between related entities in different countries, which can impact taxes based on how profit is allocated. Why Tax Systems Matter in Global Expansion Different tax structures can significantly impact a company’s profitability, cash flow, and strategic planning. Here’s why understanding these tax systems is crucial: Profitability Optimization: A company that expands to low-tax countries can optimize its net income by reducing its tax liabilities. For example, setting up regional headquarters in countries like Ireland (with its low corporate tax rate) can lead to substantial savings. Compliance and Avoiding Penalties: Each country has unique compliance requirements, and failing to meet them can result in fines, penalties, or even criminal charges. Knowledge of local tax laws is critical to avoiding such consequences. Long-Term Financial Planning: Understanding tax systems allows for better long-term planning, helping businesses to structure their investments and operations strategically. How to Choose the Right Country for Expansion Choosing the right country for expansion is more than just picking a low-tax destination. Here are some factors to consider: Tax Incentives and Credits: Some countries offer tax incentives to encourage foreign investment in specific sectors, such as technology, manufacturing, or renewable energy. Researching these can help you make an informed decision. Repatriation of Profits: How easily can profits be transferred back to your home country? Countries with strict repatriation rules may restrict profit flow, impacting your cash reserves. Local Tax Regulations: Understanding local tax regulations, including VAT, import duties, and excise taxes, will ensure smooth operations and prevent unexpected costs. Double Tax Avoidance Treaties (DTAs): Countries with DTAs can offer tax relief, making it more economical for companies to operate across borders. The Role of My Dream Consultant in Your Global Expansion Journey My Dream Consultant, the best consultant in India for international business expansion, provides comprehensive support to companies seeking to establish a global presence. We guide clients in navigating complex tax systems, ensuring compliance with international regulations, and making informed decisions for sustainable growth. Our expertise in cross-border taxation, double taxation treaties, and transfer pricing enables us to offer strategic solutions that optimize profitability and minimize risks. Practical Tips for Managing Tax Systems in Multiple Countries Here are some strategies that businesses can use to manage taxes effectively when expanding internationally: Utilize Double Taxation Treaties: When expanding into a country with a DTA, take full advantage of tax relief provisions to reduce tax liabilities. Consider Holding Companies: Many businesses set up holding companies in tax-efficient jurisdictions to streamline operations and take advantage of lower taxes. Work with International Tax Experts: A reputable consultant like My Dream Consultant can provide guidance on compliance and planning, ensuring your business operates smoothly in multiple countries. FAQs: Global Expansion and Tax Systems Q1: What is the benefit of setting up a holding company in a low-tax jurisdiction? A holding company can offer tax advantages, such as reduced tax on dividends or capital gains. Setting up in a low-tax jurisdiction can help minimize the corporate tax burden while centralizing management of international operations. Q2: What are Double Taxation Agreements (DTAs), and why are they important? DTAs are treaties between two countries to prevent double taxation on the same income. They are essential for businesses with international operations, as they can help reduce tax liabilities and avoid the complexity of being taxed in two countries. Q3: Which tax system is best for a company planning global expansion? There isn’t a one-size-fits-all answer, as the ideal tax system depends on a company’s specific needs and goals. Working with consultants, such as My Dream Consultant, helps companies choose the right jurisdiction based on factors like tax rates, incentives, and compliance costs. Q4: Can companies repatriate profits from low-tax jurisdictions without heavy tax penalties? Many low-tax jurisdictions have favorable repatriation policies. However, it’s essential to consider the tax laws of both the home and host countries. Consulting with experts can provide clarity and strategies to repatriate profits effectively. Q5: How does My Dream Consultant help companies manage international tax compliance? My Dream Consultant offers comprehensive guidance on global tax systems, double taxation avoidance, and compliance management. Our experienced team helps

Do you want Loan up to 10 Lakhs with extra benefits .. Artisan Card With My Dream Consultant

[fusion_builder_container hundred_percent=”no” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” overlay_color=”” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” padding_top=”” padding_bottom=”” padding_left=”” padding_right=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” hover_type=”none” link=””][fusion_text] Introduction An Artisan Card is a form of recognition or identification specifically designed for artisans and craftsmen. It serves to authenticate an individual’s skills, acknowledge their contributions to the artisanal community, and provide access to various benefits and opportunities. BENEFITS  OF HAVING ARTISAN CARD                     KISHOR Loan offering financial support of amount ranging between INR 50,000 and INR 500,000 SHISHU Loan offering financial support of up to INR 50,000 TARUN Loan offering financial support of amount ranging between INR 500,000 and INR 10,00,000 Support to artisans in indigent circumstances to the recipient of Shilp Guru Awards, National Awards or merit certificate or state award in handicrafts above the age of 60 years. The assistance to an amount of Rs.3500/- per month is provided to the eligible master crafts persons on the recommendation of field offices whose income should not exceed to Rs.50,000/- per annum. The relaxation in age is in the case of disability. Interest subvention @ 6% on the loan amount maximum to Rs.1.00 lakhs over a period of 3 years. DOCUMENTS REQUIRED FOR ARTISAN CARD Proof of Identity: At the core of the Artisan Card application lies the need for a valid proof of identity. This could be in the form of a government-issued ID card, passport, or any other official document that establishes the artisan’s identity. This document serves as the foundational pillar, ensuring that the Artisan Card is issued to the rightful individual. Residence Proof: Artisan Cards often require proof of residence to establish the artisan’s connection to a particular region or community. This could be in the form of a utility bill, rental agreement, or any official document displaying the artisan’s residential address. Residence proof is crucial for local recognition and community engagement. Skill Certification: To validate their proficiency in the craft, artisans must present documents certifying their skills. This could include certificates from recognized institutions, letters of recommendation from experienced artisans, or proof of apprenticeship in the craft. Skill certification ensures that the Artisan Card is awarded to individuals with a genuine commitment to their craft. Portfolio of Work: An integral part of the application process is the submission of a portfolio showcasing the artisan’s work. This could include photographs of completed projects, descriptions of craft techniques employed, or any other visual representation of the artisan’s expertise. A robust portfolio not only supports the application but also serves as a testament to the artisan’s dedication and creativity. Business Registration (if applicable): For artisan entrepreneurs, providing business registration documents may be a requirement. This could include a business license, tax registration, or any other official documentation confirming the artisan’s status as a business owner. Business registration documents demonstrate the artisan’s commitment to the economic aspect of their craft. Artisan Community Affiliation: In some cases, being a part of an artisan community or guild may be a prerequisite for Artisan Card application. Documentation indicating membership, such as letters of recommendation or community registration, strengthens the artisan’s connection to the broader artisan network. Legal Declarations and Affidavits: To ensure transparency and legal compliance, artisans may need to provide declarations or affidavits confirming the accuracy of the information provided in the application. This step further validates the artisan’s commitment to honesty and integrity in the application process. Get Your GST @60% Discounting Price —-! Click Here !—- DEMERITS OF NOT HAVING ARTISAN CARD Limited Visibility in the Market: One of the immediate consequences of not having an Artisan Card is a potential lack of visibility in the market. In an era where consumers seek authenticity and a connection to the creators of handmade goods, the absence of this recognition may result in artisans struggling to stand out amidst a sea of competitors. Missed Opportunities for Collaboration: The Artisan Card acts as a key that unlocks collaboration opportunities within the artisan community. Without it, artisans may find themselves excluded from partnerships, joint projects, and collaborative initiatives that could significantly enhance their craft and broaden their horizons. Exclusion from Exhibitions and Events: Many artisan exhibitions and events require participants to possess an Artisan Card for entry. Not having this credential may lead to exclusion from such significant showcases, limiting an artisan’s ability to display their work, attract potential clients, and network with other craftsmen. Ineligibility for Government Support Programs: Governments often provide support programs and subsidies to artisans to encourage the preservation of traditional crafts. The absence of an Artisan Card may render artisans ineligible for such initiatives, potentially missing out on valuable financial assistance, skill development programs, and other forms of support. Limited Access to Artisan Networks: The Artisan Card serves as a membership pass to artisan networks and guilds, fostering a sense of community and collaboration. Without it, artisans may find themselves on the periphery, missing out on opportunities for knowledge exchange, shared resources, and the camaraderie that comes with being part of a recognized artisan community. Reduced Credibility Among Consumers: Consumers often associate the Artisan Card with credibility and authenticity. Artisans lacking this recognition may face skepticism from potential buyers who seek assurance that their products are genuinely handcrafted and of high quality. The consequence is a potential loss of trust and reduced market appeal. Hindered Business Growth: For artisan entrepreneurs, the absence of an Artisan Card may impede business growth. The card often facilitates access to entrepreneurial support programs, funding opportunities, and mentorship initiatives. Without it, artisans may face challenges in scaling their businesses and achieving long-term sustainability. Risk of Cultural Heritage Erosion: In regions where traditional crafts are integral to cultural heritage, not possessing an Artisan Card may contribute to the erosion of these invaluable traditions. Recognition and support through the card play a crucial role

Know everything about Artisan Card- It is more than just a piece of Identification

Title: Know everything about Artisan Card- It is more than just a piece of Identification Introduction: In the vibrant world of craftsmanship, the Artisan Card stands as a pivotal document, offering a myriad of benefits to skilled artisans and craftsmen. In this blog, we will explore the essence of the Artisan Card, why it is crucial, the various types available . What is ARTISAN CARD? The Artisan Card is a specialized credential designed to acknowledge and authenticate the skills and expertise of artisans across various crafts. Functioning as both an identity and a testament to one’s craft, the Artisan Card plays a pivotal role in connecting artisans to a broader network, opening doors to numerous opportunities. The Artisan Card serves as a tangible representation of an artisan’s dedication, proficiency, and commitment to their craft. It is a recognition that goes beyond the individual, contributing to the preservation and promotion of traditional craftsmanship in local and global markets. Key Attributes of the Artisan Card: Identity Verification: The card serves as a reliable means of authenticating the identity of an artisan, ensuring credibility in the market. Skill Recognition: It acknowledges and validates the artisan’s skills, showcasing a commitment to maintaining and promoting traditional crafts. Access to Opportunities: Possessing an Artisan Card opens doors to various opportunities, including collaborations, exhibitions, and participation in government initiatives. Market Visibility: The card enhances the artisan’s visibility in the market, distinguishing them as a recognized and respected contributor to their craft. Community Building: The Artisan Card fosters a sense of community among artisans, creating a network where they can share experiences, ideas, and collaborate for mutual benefit.   Get Your GST @60% Discounting Price —-! Click Here !—- Why is ARTISAN CARD Required? Bridging Credibility and Recognition: At the heart of the matter lies the need for credibility and recognition. The Artisan Card serves as a tangible acknowledgment of an artisan’s skills and expertise, providing a formal identity that transcends the boundaries of local markets. This recognition not only boosts an artisan’s confidence but also elevates their standing in the eyes of customers, collaborators, and the wider community. Opening Doors to Opportunities: Possessing an Artisan Card is akin to holding a key to a treasure trove of opportunities. It acts as a passport to participation in exhibitions, collaborations, and events that celebrate and showcase traditional craftsmanship. Opportunities that may otherwise remain elusive become accessible, enabling artisans to expand their reach and connect with a broader audience. Access to Government Initiatives: Governments recognize the importance of preserving and promoting traditional crafts. The Artisan Card, therefore, becomes a gateway to various government initiatives, subsidies, and support programs. From financial assistance to skill development programs, artisans with the card gain access to resources that can significantly contribute to the growth and sustainability of their craft. Fostering Artisan Community Building: The Artisan Card is not just a solo endeavor; it contributes to the building of a vibrant artisan community. Artisans with the card become part of a network where ideas, experiences, and collaborations flourish. The sense of belonging to a recognized community strengthens the overall impact of artisans in the industry and promotes collective growth. Enhancing Market Visibility: In an increasingly competitive market, visibility is key. The Artisan Card acts as a beacon, making artisans stand out in a sea of options. Whether in local markets or on digital platforms, customers are drawn to artisans with the Artisan Card, trusting that it signifies authenticity, quality, and a commitment to preserving traditional crafts. Validation in Global Markets: Beyond local recognition, the Artisan Card also facilitates entry into global markets. In an era where consumers worldwide seek unique, handcrafted items, possessing an Artisan Card becomes a valuable asset. It is a testament to the artisan’s commitment to quality and authenticity, making their products more appealing to an international audience.. Get Your Firm Registered @60% Discounting Price —-! Click Here !—- Types of ARTISAN CARD Recognition Cards: Recognition cards form the cornerstone of artisan acknowledgment. These cards are issued to artisans based on their exemplary craftsmanship, expertise, and contributions to their respective fields. Recognition cards often bear the artisan’s name, craft specialization, and serve as a testament to their standing within the artisan community. Identity Cards: Identity cards are a more encompassing type of Artisan Card, extending beyond recognition within the craft community. These cards include personal details such as name, photograph, and contact information, providing a comprehensive identification document for artisans. Identity cards are valuable not only for artisan-to-artisan interactions but also for broader market engagements. Specialized Craft Cards: Craft-specific Artisan Cards cater to artisans specializing in a particular craft or art form. Whether it’s pottery, weaving, woodworking, or any other craft, these specialized cards highlight the artisan’s proficiency in their chosen field. Such cards contribute to the preservation and promotion of specific crafts, fostering a deeper appreciation for the diversity within the artisan landscape. Artisan Guild Cards: Artisan guilds often issue their own unique Artisan Cards to members. These cards signify affiliation with a particular guild or association and may grant access to exclusive events, collaborations, and resources. Guild cards foster a sense of community among artisans with shared interests, creating a supportive network for skill exchange and mutual growth. Heritage Artisan Cards: In regions rich in cultural heritage, Heritage Artisan Cards play a crucial role. These cards are bestowed upon artisans whose work aligns with traditional and cultural practices. Heritage Artisan Cards serve not only as a recognition of individual skill but also as a commitment to preserving and promoting the heritage associated with the craft. Emerging Artisan Entrepreneur Cards: Recognizing the entrepreneurial spirit within the artisan community, some regions issue Artisan Entrepreneur Cards. These cards highlight artisans who not only excel in their craft but also demonstrate business acumen. They may grant access to entrepreneurial support programs, funding opportunities, and mentorship initiatives to foster both artistic and economic growth. Artisan Certification Cards: Artisan Certification Cards go a step further by ensuring adherence to specific quality standards and ethical practices. Issued by certifying

PM MITRA YOJNA: FOR TEXTILE SECTOR

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type=”1_2″ layout=”2_3″ spacing=”3%” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” box_shadow=”no” box_shadow_blur=”0″ box_shadow_spread=”0″ box_shadow_color=”” box_shadow_style=”” background_type=”single” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center” linear_angle=”180″ background_color=”rgba(239,239,239,0)” background_image=”” background_image_id=”” background_position=”left top” background_repeat=”no-repeat” background_blend_mode=”none” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” filter_type=”regular” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ 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animation_speed=”0.3″ animation_offset=””] *PM MITRA YOJNA: FOR TEXTILE SECTOR* PM Mitra Scheme : PM Mitra Scheme : on 6 oct 2021 held the cabinet meeting  Prime minister narendra modi, takes some decisions in these PM Mitra Scheme is one of them, This scheme is for the textile sector. Its full name is Pradhan Mantri Mega Textile Integrated Textile and Apparel Scheme. Seven new textile parks will be set up under this scheme. According to the government, this is going to bring a big revolution in the textile and manufacturing sector. After the cabinet meeting, Union Minister of Commerce and Industry and Textiles Piyush Goyal said that there is a lot of enthusiasm in the textile sector. the cabinet has approved the mitra scheme Under the PM-Mitra Yojana (Mega Integrated Textile Region and Apparel), 7 textile parks will be built in the country and about 21 lakh people will get direct and indirect employment from these textile parks. Governments of Tamil Nadu, Punjab, Odisha, Andhra Pradesh, Gujarat, Rajasthan, Assam, Karnataka, Madhya Pradesh and Telangana have shown interest in developing Mitra-Park Piyush Goyal said that it has been decided to create an integrated textile value chain under the PM Mitra scheme. For this, Rs 4445 crore will be spent in the next 5 years. Under this, 7 textile parks will be set up across the country. He also said that there was talk of capturing 5-F for a strong hold in the field of economy. 5-F means fiber to farm, fiber to factory, factory to fashion and fashion to foreign. All these links together strengthen the value chain, but now they are all different. *Grow Your Business Register Your Startup Here* According to Mr. Pyush Goyal cotton is grown in Gujarat and Maharashtra, from there it goes to Tamil Nadu, where spinning takes place. Goes to Rajasthan and Gujarat for processing. The garments are made in Delhi-NCR, Bengaluru, Kolkata and have to go to Mumbai and Kandla for export. All this can now be done in an integrated manner. The Union Minister said that 7 lakh people will get direct employment and 14 lakh people will get indirect employment due to this step of the government. He told that talks are being held with the states for textile parks. These parks will be set up in the state which will give cheap land, water and get labor easily. Along with this, it will also be seen that there should be a demand for textiles. Mr. Piyush Goyal said that the estimated cost of setting up 7 parks will be Rs 1700 crore. The units which will make big investment in the beginning, will also be provided help on first come first serve basis. A unit of up to Rs 30 crore can be given by the government in 3 years. He told that the textile park will be built in greenfield or brownfield places located in different states. 500 crore will be provided to develop all green field parks. While an amount of Rs 200 crore will be allocated for the development of brownfield park. The government said that under the PM Mitra scheme, work from spinning, weaving, processing, dyeing and printing to manufacturing of clothes will be done at one place. According to the government, this will reduce the cost of logistics. Due to the presence of the entire value chain at one place, the cost of logistics will come down. Under this scheme, Mitra will develop the Parks in Special Purpose Vehicle Public Private Partnership mode. The ownership of this special purpose vehicle will be with the state government and the government of India. According to the government, the scheme aims to help Indian companies emerge as global companies. World class industrial infrastructure will be developed to attract investment in PM Mitra scheme. *Worried About Your Startup Get Free Consultation* [/fusion_text][fusion_separator style_type=”default” sep_color=”rgba(239,239,239,0)” border_size=”0″ icon=”” icon_circle=”” icon_circle_color=”” alignment=”center” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” /][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””][/fusion_text][fusion_content_boxes layout=”icon-with-title” columns=”1″ heading_size=”2″ iconspin=”no” icon_align=”left” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” /][fusion_social_links icons_boxed=”” icons_boxed_radius=”” color_type=”brand” icon_colors=”” box_colors=”” tooltip_placement=”” blogger=”” deviantart=”” digg=”” dribbble=”” dropbox=”” facebook=”https://www.facebook.com/MY-DREAM-Consultant-102829418000245/” flickr=”” forrst=”” instagram=”https://www.instagram.com/mydreamconsultant/” linkedin=”” myspace=”” paypal=”” pinterest=”” reddit=”” rss=”” skype=”” soundcloud=”” spotify=”” tumblr=”” twitter=”https://twitter.com/MYDREAMCONSULT2″ vimeo=”” vk=”” whatsapp=”https://api.whatsapp.com/send?phone=918764369079&text=” xing=”” yahoo=”” yelp=”” youtube=”https://www.youtube.com/channel/UCdOZs17rpwXfoA6yT3VWzrA” email=”” show_custom=”no” custom_5=”tel:+918764369079″ alignment=”center” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” /][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” animation_type=””

How To Start Electrical Vehicle Business in India

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animation_speed=”0.3″ animation_offset=””] *Electric Vehicle Business In India* Electric vehicle the key to permanent solutions of a better, cleaner India for the sustainability of its populace. At a crucial juncture when all countries are engaged in freeing Mother Earth from the claws of carbon emissions, or CO2, India can play a lead role in it by switching over the EV mobility to ensure a greener and cleaner ecology. By promoting the EV sector’s organic growth and enhancing its popularity among the people with governmental media programmers, a substantial cut in fossil-fuel run vehicular mobility can be made possible. During the pendency of COVID-19, we watched how the environment improved due to lesser emissions from petrol and diesel-run vehicles and industries in India. In many cities, the smog completely vanished. In many parts of India, people could even view distant mountains that had been impossible for them to see for decades due to the atmospheric hindrances created by the emission of the smoke from fossil-fuel run vehicles. For India’s sustainable green planet goal, a robust push in cleaner mobility is essential. Only Electric vehicle can do this. The argument behind is that the fossil-fuel vehicles contribute 60 percent of PMs (particulate matter-related atmospheric pollution), and over 20 percent of CO2.The Electric vehicle, on the other hand, is smoke-free. They do not choke urban India with hydrocarbon pollution, something that the UNICEF aptly termed as “danger in the air.”  The petrol and diesel-run vehicles are hugely inefficient as nearly 70 percent of the precious fuel simply is wasted. It can neither be recycled, recovered, or reused. We know it takes millions of years to create natural fossil fuel, unlike the batteries that can be made as and when you need. On the other hand, the EVs are rechargeable, involving zero-wastage of energy. They do not have even a single iota of harmful effects on human health and ecology. The heavy petrol and diesel trucks alone cause over 30 percent of vehicular particulate pollution. As far as urban India as a whole is concerned, all fossil fuel-vehicles are responsible for nearly 29 percent of pollution. India is one of the largest car markets in the world but that market is on the brink of a transformation. The Government of India is promoting electric mobility in a big way and the Department of Science and Technology (DST) is working towards technological solutions through R&D efforts with industry and R&D laboratories to realize the electric dream of 400 million customers by the year 2030. *Grow Your Business Register Your Startup Here* *Environmental benefits* One of the biggest advantages of driving electric is the improvement it can make to the environment we live in. Pure electric vehicles have no tailpipe, so they don’t emit any exhaust gases, which reduces local air pollution particularly in congested cities. Electric vehicle are an attractive solution for councils challenged to clean up air quality to improve their residents’ health and quality of life. In india’s electric vehicle (EV) market is estimated to be a Rs. 50,000 crore (US$ 7.09 billion) opportunity by 2025, with two- and three-wheelers expected to drive higher electrification of the vehicles. In 2020, India was the fifth-largest auto market, with ~3.49 million units combined sold in the passenger and commercial vehicles categories. It was the seventh largest manufacturer of commercial vehicles in 2019. The two wheelers segments dominate the market in terms of volume owing to a growing middle class and a young population. Moreover, the growing interest of the companies in exploring the rural markets further aided the growth of the sector. India is also a prominent auto exporter and has strong export growth expectations for the near future. In addition, several initiatives by the Government of India and major automobile players in the Indian market is expected to make India a leader in the two-wheeler and four-wheeler market in the world by end of this year (2021). *Worried About Your Startup Get Free Consultation* *Market Growth* Indian automobile exports stood at 1,419,430 units from April 2021 to June 2021 as compared to 436,500 units in April 2020 to June 2020. EV sales, excluding E-rickshaws, in India witnessed a growth of 20% and reached 1.56 lakh units in FY20 driven by two wheelers. According to NITI Aayog and Rocky Mountain Institute (RMI) India’s EV finance industry

Good News For Tax Payers, Govt. Extends Due Date Of All Taxes Under The Income Tax Act,

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animation_speed=”0.3″ animation_offset=””] The extension of e-filing comes after taxpayers reported difficulties in filing these forms online The Finance Ministry on Sunday extended the deadlines for e-filing of various forms that come under the Income-Tax Act, 1961 after taxpayers reported difficulties in filing these forms online. “On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income-tax Act,1961 read with Income-tax Rules,1962 (Rules), Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing of such Forms,” the Ministry said in a statement. Meanwhile, the income tax return (ITR) filing deadline for FY 2020-21 for individuals has already been extended to September 30, 2021, from its earlier usual deadline of July 31, 2021. You Must File ITR Within the Due Date or Pay a Late Fee of Rs 5000 Individual taxpayers, pay attention, please. You must file your Income Tax Return on or before September 30 or you will have to pay a late fee of Rs 5000. The Central government recently extended the deadline for ITR filing to September 30 due to the COVID pandemic. However, ​if an individual taxpayer fails to file ITR within the due date, then they will have to pay interest on the tax due, according to Income Tax Department. As per section 234F, late filing fees of Rs 5,000 shall be payable if return furnished after the due date specified under section 139(1). However, the amount of late filing fees to be paid shall be Rs 1,000, if the total income of the person does not exceed Rs 5 lakhs. Income Tax Return: Here’s how to file it: 1. First, you need to go to the official website  https://www.incometax.gov.in for e-filing the return of income. 2. Then, you will have to log in to the e-Filing portal by entering user ID (PAN), Password, Captcha code and click ‘Login’. 3. After that, you will have to click on the ‘e-File’ menu and click the ‘Income Tax Return’ link. 4. On the Income Tax Return Page: PAN will be auto-populated. Select ‘Assessment Year’, Select ‘ITR Form Number’, Select ‘Filing Type’ as ‘Original/Revised Return, ‘Select ‘Submission Mode’ as ‘Prepare and Submit Online 5. Click on Continue. 6. Then you will have to read the instructions carefully and fill all the applicable and mandatory fields of the online ITR form. 7. Choose the appropriate Verification option in the ‘Taxes Paid and Verification’ tab. 8. Click on the ‘Preview and Submit’ button, Verify all the data entered in the ITR. 9. ‘Submit’ the ITR. For More Help Our Consultant Available Any Time For You. 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Benefits Of Startup India Scheme.

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background_repeat=”no-repeat” background_blend_mode=”none” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” filter_type=”regular” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ first=”true” last=”false” margin_bottom=”86px” padding_right=”114px”][fusion_sharing tagline=”” tagline_color=”” backgroundcolor=”” title=”How To Download Udyam Registration Certificate Online In Just 2 Minutes.” link=”https://www.mydreamconsultant.com/download-udyam-registration-certificate-online-in-just-2-minutes/” description=”SG93IFRvIERvd25sb2FkIFVkeWFtIFJlZ2lzdHJhdGlvbiBDZXJ0aWZpY2F0ZSBPbmxpbmUgSW4gSnVzdCAyIE1pbnV0ZXMu” icons_boxed=”yes” icons_boxed_radius=”” color_type=”brand” icon_colors=”” box_colors=”” tooltip_placement=”” pinterest_image=”” pinterest_image_id=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” /][/fusion_builder_column][fusion_builder_column type=”1_2″ layout=”2_3″ spacing=”3%” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” box_shadow=”no” box_shadow_blur=”0″ box_shadow_spread=”0″ box_shadow_color=”” box_shadow_style=”” background_type=”single” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center” linear_angle=”180″ background_color=”rgba(239,239,239,0)” background_image=”” background_image_id=”” background_position=”left top” background_repeat=”no-repeat” background_blend_mode=”none” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” filter_type=”regular” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ first=”false” last=”false”][fusion_imageframe image_id=”2690|full” max_width=”” style_type=”glow” blur=”14″ stylecolor=”#0a0026″ hover_type=”none” bordersize=”0″ bordercolor=”” borderradius=”” align=”none” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]https://www.mydreamconsultant.com/wp-content/uploads/2021/07/STARTUP-INDIA-IMAGE.jpg[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]   In this blog, we will be discussing about how to do a startup in India and how we apply for this:- A start-up is defined as a company or a project initiated by an entrepreneur to seek, develop, and validate a scalable business model. Entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, whereas startups refer to the new businesses that intend to grow large beyond the solo founder. 1.STARTUP STATS IN INDIA:- Did you know that India is the 3rd largest startup ecosystem in the world India is expected to witness year-over-year growth of a consistent 13-15%. The Indian government defines a startup as an entity less than seven years young with an annual turnover of less than 250 million rupees and headquartered in India. 2.STARTUP ANNOUNCEMENT AND AMENDMENT:- Our beloved PM Narendra Modi announced the Start-up India campaign in 2016 to promote and encourage entrepreneurship. This mainly revolves around financing, incorporation, tax exemptions etc, to ease the functioning of startups. With these benefits being provided by the Government, the majority of the start-ups have young owners, this shows the diversity and volumes of talents that India has. According to the revised announcement on 23rd May 2017, an organization will be considered as a Startup, if it is incorporated in India as a • private limited company (as defined in the Companies Act, 2013). • partnership corporation (registered under section 59 of the Partnership Act, 1932). • limited liability partnership (under the Limited Liability Partnership Act, 2008). What Are The Eligibility Criteria For Startup Registration In India? 1. 1.Being incorporated or registered in India for less than seven years and for biotechnology startups up to 10 years from its date of incorporation. 2. 2.Annual turnover not exceeding Rs 100crores in any of the preceding financial years. 3. 3.Aims to work towards innovation, development, deployment, or commercialization of new products, processes, or services driven by technology or intellectual property. 4. 4.It is not formed by splitting up or reconstruction of a business already in existence. 5. 5.It can be incorporated as a private limited company, a registered partnership firm, or a limited liability partnership. What Are The Benefits Of Startup India Scheme? This scheme supports Startups by providing various benefits to the registered entity. The benefits include financial as well as non-financial benefits. To register under this scheme the entity must fulfill the criteria specified. • Tax Exemption • Tender Participation • Govt. Funding Opportunity • Participate in various Govt. Scheme • Participate Startup Grand Challenges • IPR Govt. Fee Concession50-80% • Self Certifications • Easy Winding up • Connect Networks • GEM Portal Seller Registration and Bid     Documents required for a startup registration in India: 1. Certificate of Incorporation / Registration Certificate and PAN 2. Email ID and Mobile number 3. Company Details ( Industry, Sector, Category, Regd. Office Address etc) 4. Directors/Partners Details ( Name, Photo, Gender, Mobile No. Email ID, Full Address) 5. Details of Authorised Representative ( Name, Designation, Mobile No. Email ID) 6. A Brief about business and products/services and notes on innovations 7. Revenue model and Uniqueness of the Product 8. Website/Pitch Deck/Video/Patent ( anyone)   Are you looking for Company Registration in India? MyDreamConsultant India’s fastest growing destination for “Online Legal Services”.We will guide you in getting all necessary documents and registration required to get Trademark Registration in India, Please click on the below link to connect with our team of experts for free consultation of trademark search. Apply for Company Registration. 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WHAT IS ARTISIAN CARD? & BENIFITS OF ARTISIAN CARD?

[fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” status=”published” publish_date=”” class=”” id=”” border_size=”0″ border_color=”” border_style=”solid” margin_top=”-4%” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center” linear_angle=”180″ background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_blend_mode=”none” video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” filter_hue=”0″ 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background_repeat=”no-repeat” background_blend_mode=”none” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” filter_type=”regular” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ first=”true” last=”false” margin_bottom=”86px” padding_right=”114px”][fusion_sharing tagline=”” tagline_color=”” backgroundcolor=”” title=”How To Download Udyam Registration Certificate Online In Just 2 Minutes.” link=”https://www.mydreamconsultant.com/download-udyam-registration-certificate-online-in-just-2-minutes/” description=”SG93IFRvIERvd25sb2FkIFVkeWFtIFJlZ2lzdHJhdGlvbiBDZXJ0aWZpY2F0ZSBPbmxpbmUgSW4gSnVzdCAyIE1pbnV0ZXMu” icons_boxed=”yes” icons_boxed_radius=”” color_type=”brand” icon_colors=”” box_colors=”” tooltip_placement=”” pinterest_image=”” pinterest_image_id=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” /][/fusion_builder_column][fusion_builder_column type=”1_2″ type=”1_2″ layout=”2_3″ spacing=”3%” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” box_shadow=”no” box_shadow_blur=”0″ box_shadow_spread=”0″ box_shadow_color=”” box_shadow_style=”” background_type=”single” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center” linear_angle=”180″ background_color=”rgba(239,239,239,0)” background_image=”” background_image_id=”” background_position=”left top” background_repeat=”no-repeat” background_blend_mode=”none” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” filter_type=”regular” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ first=”false” last=”false”][fusion_imageframe image_id=”2671|full” max_width=”” style_type=”glow” blur=”14″ stylecolor=”#0a0026″ hover_type=”none” bordersize=”0″ bordercolor=”” borderradius=”” align=”none” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]https://www.mydreamconsultant.com/wp-content/uploads/2021/07/ARTISIAN-CARD-IMAGE-1.jpg[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””] आर्टिजन कार्ड क्या है ?आर्टिजन कार्ड के फायदे क्या है?   आर्टिजन कार्ड क्या है ? हस्त शिल्प कारीगरों का दिन अब बहुरंगे होनेवाला है। सरकार उन्हें भी मुख्य धारा से जोड़ने के लिए कई प्रकार की सुविधा देने का निर्देश दिया है। इसी के तहत हस्तशिल्प कारीगरों के लिए आर्टिजन कार्ड बनेगा। जिले में हस्तशिल्प से जुड़े कारीगरों का आर्टिजन कार्ड बनेगा, जो यह आधार जैसा ही परिचय पत्र है। जिससे पहचान होती है कि संबंधित व्यक्ति किसी खास क्षेत्र के कारीगर हैं। 1. ???? आर्टिजन कार्ड के फायदे क्या है? आर्टिजन कार्ड के फायदे:- 1:-आर्टिजनकार्ड बनने के बाद आर्टिजंस भारत सरकार और राज्य सरकार की और से आयोजित होने वाले मार्केटिंग प्रोग्राम में भाग ले सकते हैं। 2:- देशभर के सरकारी फेयर में स्टॉल नि:शुल्क मिलेगी, आने-जाने का किराया उपलब्ध करवाया जाता है। 3:- जो भी युवा आर्टिजन स्वयं का उद्योग स्थापित करना चाहते हैं उनको प्रधानमंत्री योजना के तहत 10 लाख रुपए का लोन मुहैया करवाया जा रहा है। 4:- सरकार सभी आर्टिजंस को आम आदमी बीमा योजना का लाभ भी मुहैया करवा रही है। 5:-सरकार दो बच्चों को 9 से 12 क्लास के बीच स्कॉलरशिप का अवसर भी दे रही है। ताकि उनके बच्चों को शिक्षा के लिए प्रोत्साहन मिल सके। 6:-भारत सरकार द्वारा बहुत सी सहायता इन कारीगर पहचान पत्र धारक को उपलब्ध है। जिसमे उसे व उसके परिवार के लिये जीवन बीमा, दुर्घटना बीमा, बीमारी खर्चा बीमा मुफ़्त उपलब्ध है। 7:-कार्य विस्तार हेतु बिना सिक्यूरिटी के जमानत के 2 लाख की राशि का कम ब्याज पर लोन उपलब्ध है। इसे मुद्रा ऋण योजना के नाम से जाना जाता है। 8:-युवा कौशल व कौशल ट्रेनिंग की सारी सुविधा भारत सरकार की तरफ से मिलती है जिसके लिए परीक्षार्थियों को निर्धारित राशि भी मिलती है। 9:-सारे आर्टिजन कार्ड धारियों का ऑनलाइन रिकॉर्ड होगा जिसके आधार पर बड़े कारखाने या विदेशी कम्पनियों द्वारा आमन्त्रित किया जा सकता है यानी रोजगार का अवसर। 10:-पहचान पत्र से विदेशो में नोकरी हासिल करने की सहूलियत। 11:-राज्य सरकार की ओर से जारी आर्टिजन कार्ड से कारीगरों को प्रदेश में उद्योगों से संबंधित संचालित हो रही योजनाओं का फायदा मिलेगा। इनमें सब्सिडी, ब्याज की दरों, कारीगरों के कल्याण से जुड़ी विकास योजनाओं में कारीगरों को फायदा मिलेगा। इस प्रकार के कार्ड से आर्टिजन्स सरकार की ओर से दी जाने वाली विकासशील योजनाओं से लाभान्वित होंगे। इसके अलावा, प्रदेश में लगने वाले उद्योग मेलों में सब्सिडी, स्टॉल आवंटन आदि में कार्डधारक कारीगर को प्राथमिकता मिलेगी। 2.आर्टिजन कार्ड बनाने के लिए क्या दस्तावेज जरुरी है? कारीगर को ये दस्तावेज लाने होंगे, आर्टिजन कार्ड बनाने के लिए:- – जिस शिल्प में कार्य कर रहे है, उसमें कार्य करते हुए कि दो फोटो – आधार कार्ड की फोटो कॉपी – बैंक खाते की पासबुक की फोटो कॉपी जिसमें IFSC कोड अंकित रहे – स्वयं का पासपोर्ट साइज का फ़ोटो -स्वयं का सिग्नेचर आपने इस ब्लॉग मे जाना की ” आर्टिजन कार्ड क्या है ?आर्टिजन कार्ड के फायदे क्या है? ” इसी तरह के ब्लॉग से रूबरू होने के लिए आप हमें हमारे सोशल मीडिया पर फॉलो कर सकते है. Are you looking for Company Registration in India? MyDreamConsultant India’s fastest growing destination for “Online Legal Services”.We will guide you in getting all necessary documents and registration required to get Trademark Registration in India, Please click on the below link to connect with our team of experts for free consultation of trademark search. Apply for Company Registration. 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