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Small and Medium-sized businesses, or SMEs, are the foundation of many economies. They greatly enhance a country's overall economic well-being by promoting growth, innovation, and the creation of jobs. 4,00,42,875 MSMEs were registered on India's Udyam site in March 2024. Bank financing to SMEs climbed by 22.8% and 11.8% in October 2023, totaling US$279.18 billion.

These incentives are intended to encourage collaboration, enhance local economies, and highlight India's cultural and scenic richness to worldwide audiences. As the demand for high-quality digital content continues to rise, the AVGC industry is set to play a pivotal role as well in shaping the future of entertainment and media.

NBFCs have carved out a place in the financial sector by providing loans and advances to MSMEs and individuals. This diverse range of financial services, combined with their ease of access and flexibility, makes NBFCs an appealing option for firms seeking to expand their operations.

All goods, import of which is permitted only with an Authorisation / Permission / License or in accordance with the import procedure prescribed in a notification/public notice are ‘Restricted’ goods..

EPCG Scheme is provided to the exporters by Government of India. The exporters are entitled to import of new capital goods under this scheme without payment of customs duties . The exporter can also purchase domestic capital goods under this scheme by obtaining Invalidation letter.

Advance Authorization is issued to allow duty-free import of raw materials, which is physically integrated into the export product. Advance Authorization can be provided to a manufacturer or merchant exporter rrespectively tied to supporting manufacturers.

The Maharashtra state government has reinstated new policies with the aim of not only achieving dispersal of industries to the less developed areas of the state but also to generate employment in such zones and attracting more investments in the state.

A foreign company can start its office in India and enter the Indian market to sell its goods or services through any of the following ways: Liaison Office, Branch office in India, Project office in India, Wholly owned subsidiary and joint venture in India,Limited liability partnership (LLP) in India.

Goods and Services Tax (GST) stands as an essential reform that has transformed the way businesses approach their taxation and compliance strategies. Customs can also refer to the duties, tolls, or imposts imposed by a country on imports or exports. These duties are also known as tariffs.