psbloansin59minutes blogs

 Franchise ownership has grown rapidly in India over the past decade, powered by rising consumer demand, proven business models, and the credibility of operating under established brand names. From food outlets and retail chains to salons and service franchises, the Indian franchise ecosystem crossed $50 billion in value in 2024 . However, despite this momentum, franchise owners across sectors face a common challenge— timely access to capital . Launching or scaling a franchise requires substantial upfront investment. Franchise fees, location setup, interiors, inventory, staffing, and marketing all demand capital at specific stages. Any delay in funding can push launch timelines, disrupt operations, or reduce competitive advantage. Traditionally, MSME credit involved long approval cycles, repeated paperwork, and limited transparency. Today, digital lending platforms, fintech ecosystems, and NBFC-driven models are transforming this experience. Why Faster MSME Credit Is Critical for...

To protect the interests of Micro, Small, and Medium Enterprises (MSMEs) and ensure timely payments, Clause (h) of Section 43B, introduced by the Finance Act 2023, states that if payments to MSMEs are not completed within the specified time frame, the deduction for these amounts will only be allowed on a payment basis. This means that the deduction from the profits of the financial year will only be permissible in the year when the actual payment is made. This change, effective from April 1, 2024, is intended to reduce working capital shortages in the MSME sector and promote timely payments to these enterprises. This change will be applicable to the assessment year 2024–2025 and subsequent years. This blog examines the implications and benefits of this new rule. New Norms of Deduction in Payments to MSMEs Section 43B(h): Section 43B(h) of the Finance Act states that any amount payable to a Micro & Small Enterprise that remains unpaid within the time given under Section 15 of the M...

Micro, Small, and Medium Enterprises (MSMEs) play an important role in India's economy, contributing significantly to GDP, employment generation, and exports. However, one of the biggest hurdles these businesses face is access to timely and adequate financing. The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is crucial in facilitating access to collateral-free loans , offering vital assistance to MSMEs. As the financing environment for MSMEs has changed over time, new trends within the CGTMSE framework have surfaced, transforming how these businesses obtain and handle funding. Understanding CGTMSE Before delving into the emerging trends, it's important to grasp the concept of CGTMSE. CGTMSE's primary goal is to offer credit guarantees to financial institutions that provide loans to MSMEs. This mitigates the risk for lenders, motivating them to offer credit without the need for collateral. This program is particularly advantageous for small busines...

  Every local business—no matter how small, dreams of shining right alongside the big names. For India’s micro, small, and medium enterprises (MSMEs), this dream is finally within reach, thanks to the Open Network for Digital Commerce (ONDC) . It is designed to open doors for businesses that have long struggled to compete online. ONDC levels the playing field, offering small enterprises a way to reach customers on their terms. So, what exactly is ONDC, and how can it reshape the future of MSMEs in India? Let us understand the unique advantages it brings to small businesses and the digital commerce landscape as a whole. Open Network for Digital Commerce (ONDC) The Open Network for Digital Commerce is a government-backed initiative to democratise e-commerce across India. It's totally different from the conventional, where just a few dominant companies own the space for e-commerce. ONDC will work as an open network that allows both buyers and sellers to operate and ensures interopera...