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Showing posts with the label pmegp loan

How to File Income Tax Return for Small Business in India (2025 Guide)

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  Running a small business in India comes with several regulatory responsibilities—one of the most important being filing income tax returns . Whether you're a sole proprietor, a partnership, or an MSME registered under the Udyam Registration, timely and accurate filing of your returns ensures financial compliance and opens doors to growth opportunities, such as loans, subsidies, and government schemes. Before we dive into the ITR process, let’s highlight something crucial: Having a professionally prepared Project Report for Bank Loan is not just useful for loans but also for maintaining transparency in financial records required for ITR filing, especially under schemes like PMEGP, CMEGP, and Mudra Loan. Step-by-Step Guide to Filing an Income Tax Return for Small Businesses 1. Understand Your Business Structure Your business structure determines the applicable ITR form: ITR-3 : Proprietorship with business income ITR-5 : Partnership Firms and LLPs ITR-6 : Companies other than tho...

How to Apply for CMEGP Loan in 2025 – Step-by-Step with Project Report Sample

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Starting a small business in India has never been easier, especially with government support schemes like CMEGP . The Chief Minister Employment Generation Programme (CMEGP) is a powerful initiative that provides financial assistance to aspiring entrepreneurs. However, to secure the loan, one of the most important documents you’ll need is a CMEGP Project Report . In this blog, we’ll guide you through the step-by-step process of applying for a CMEGP loan in 2025 and explain how to prepare a Detailed Project Report for Bank Loan , Feasibility Project Report , and Mudra Loan Project Report , if applicable. ✅ What is CMEGP? The Chief Minister Employment Generation Programme (CMEGP) is a government scheme implemented at the state level to encourage self-employment through financial support. It is similar to PMEGP but is managed by the respective state industries departments. The scheme typically provides: Subsidy up to 25%–35% of the project cost Loan coverage up to ₹25 lakh for manufa...