#business under 1 lakh

[newbusinessideas]

Top 10 Small Business Machines Under 1 Lakh

Starting a small manufacturing business can be an exciting venture, but it often requires the right machinery to get started. With technological advancements, numerous affordable machines are available that cater to various industries and production needs. However, for many entrepreneurs, budget constraints pose a significant challenge when it comes to investing in equipment. Thankfully, there…

[sumedhaaaaaaaaaa]

Hear me out,

Shivraj Singh Chauhan, Nitin Gadkari and Jay Prakash Nadda. Out of these 3 RSS should appoint as the next Prime Minister of the Country.

Reason: Narendra Modi had all the controls over educational system yet failed to meet the desired standards. In last one decade more than 1.5 lakh government run schools were shut down in UP alone. The scheme of Mid Day meal was shut down in many rural areas and not just, took the entire credit of educational institutions that were sanctioned by Dr. APJ Abdul Kalam. I can never digest the fact that being an honorable person you didn’t even try to fix the educational system. NEP wasn’t a success, it was a failure by many critics. CUET is currently the most booming business after NEET JEE. The idea of the Minister of Education to say NTA to declare NEET results on the day of declaration of election results is still baffling. You people keep on screaming about Hindu Muslim campaign and glorifying Hinduism, but as Hindu Brahmin girl I ask of you this:

1. Enough funds were donated so far to the central that the estimated amount is unknown. Why did not they think of establishing Nalanda University, which was once burned for 6 months because of our rich literary history?

2. You hate congress, I hate congress too. You don’t envy Gandhi, nor do I, yet having the power to declare Diwali off session on the occasion of Ram mandir, why didn’t he declare 23rd January as a national holiday in respect to the late Subhash Chandra Bose? You gave him a statue in front of India Gate, loved it yet people don’t seem to comprehend or understand who Bose was and his significance, why didn’t you think and speak about it first?

3. All the central institutions are under your own cabinet minister, so far the establishment of IITs and AIIMS all over country were the projects under late Dr. APJ Abdul Kalam and you had the audacity to strip his name down and give yourself credit?

4. For once in your campaign you didn’t think of mentioning about the on going riots of the failure of new educational system but made sure to criticize Ambani and Adani scamming people by donating funds to Congress? To Congress? Like honestly?

5. The Refugee issue of bengal: it was the central government who extended the hand as an act under UN Council and collaborated with the state government of West Bengal to refugee the Rohingya Muslims. Read text book or maybe under the policy making that a state cannot refugee a community as long as the central doesn’t supervise. Same thing happened back in the 1960s which led to Indo-China war because the Panchsheel Pact was revoked by our former Prime minister Nehru.

6. This is my own personal experience that I have had with our former honorable Prime Minister Narendra Modi. 7th September 2023 was the day of convocation of those students who were gold medalist. The convocation of Delhi university is always attended by the Prime minister and the president of the country. My batchmate took me with her. I was in the presence of two most powerful people. There were question answer rounds, one of the gold medalist from mathematics honors from Hindu college asked the honorable prime minister his vision on development of educational institutions in India. Modi didn’t bother to answer instead said some statement that made no sense to me. Another student from Miranda House asked him in English about the virtues of Hinduism and how it’s relevant with the morals of RSS. He didn’t understand and asked her to repeat in Hindi. She repeated the same statement in pure Hindi that even our prime minister was baffled. He had the audacity to actually say that the ideals of RSS had nothing with his party. RSS is different BJP is different. We could see the president being tensed and all of us being confused. Madam president had to jump in mid conversation cancelling the entire question answer round just after 2 kids had the platform to do so. The girl who asked the question was apparently escorted along with her mother, out by some people which were on stage with the prime minister. He kept on laughing and speaking about they were followers of Gandhi there attitude screamed of being Gandhite.

7. Threats are coming to all students of central university employees, students to either join RSS or leave the sanctuary of wisdom and knowledge. My professors from Delhi university who served 16 years in an institution was robbed down from her post and was replaced by a party member’s daughter who had a background at RSS. Rahul Gandhi pointed this out but he have received immense back lash for such remarks.

My point is, our parents are different. They made mistakes too so did their parents but we learned from them and know how to avoid them. The current generation of Gandhi is nothing like we know of. I have met Rahul Gandhi as he is an alumni from our university itself. He still bends down and touches the feet of the teachers who are currently guest lecturers at the institution. He speaks of his days as a student and how he hated to follow the footsteps but had no choice but to run the legacy. People screaming about casteism know nothing about its efficiency. I’m a general. I have to score above 95% to get somewhere good unlike people from different cast. Reforms are indeed required but why attack the people who too call this land their home too? And before you guys think of speaking that I know nothing of my culture, I read book of self realization, The Bhagwat Gita when my heart is breaking. I have urged everyone around me to read religious texts even you don’t believe in god. I don’t believe in god but I believe in the supreme energy that made everything around me and I pray to it. If you don’t know a thing about my culture despite being a Hindu then you ain’t loyal to yourself. Always remember to love something is to hate it too. The knowledge I hold of my religion made me realize the flaws it has. Only a true loyalist will speak without any question about the right and wrong. You speak of Sita maa? You guys know right the torture she faced because of her devoted love made the Dharti maa suffer that she had to split in two parts and absorb Sita maa within herself. You guys speak of the good things but not bad ones. Is this your knowledge of our centuries old culture?

FYI, you Islamophobic assholes, search about the Vinayagar temple at Tamil Nadu where a group of Muslims donated a huge amount of money and a land for the construction of the temple. There’s a reason you guys failed to understand the demographics. South Indians are the primordial folks who existed way before the Indo Aryans established themselves. The dravidians came here first, not them. Read the evolution of human geography, and the demographics. My field opened my eyes so much in last 4 years that I feel ashamed that it’s not about the hatred between two communities, it’s a war between people vs people and their history that Narendra Modi failed.

Criticism is ofc open in the comment box but as MP Gaurav Gogai said, “we don’t want to hear what your party did in the name of religion, we want to see improvements on the primary, secondary and tertiary sectors. And in this one decade, AIIMS Delhi still have 137 seats. Why isn’t no one thinking about the future of our next generation who will rule this country? As long as we old people don’t leave the chair behind and let new minds innovate us, we will never develop. Kids of these generation have ideas to preserve vegetation coverage with modern infrastructure. They would definitely bring ideas that won’t destroy the holy forest of Hasdeo in the name of coal mining. You want to preserve our religion and culture? Give educational recreation where people are taught Sanskrit and read out the verses of Bhagwat Gita. Educate people on Kam Shastra so that no one can look at our daughters and think of atrocious crimes. You want to remove poverty sir? Educate everyone first. Let them lead us because we know we are failing.”

[pkchopraco-blog]

Income Tax Audit in India

What is an Income Tax Audit? Imagine an independent assessment of your organization's tax returns. That's essentially what an Income Tax Audit in India is. A Chartered Accountant (CA) examines your income, deductions, and overall financial records to ensure everything aligns with the Income Tax Act. Think of it as a financial health check to maintain transparency and accuracy. Why is it Important? Tax audits ensure a level playing field for businesses and organizations. They promote honest accounting practices by: Verifying the accuracy of income and deductions: The CA confirms if your reported numbers match your actual financial activities. Encouraging proper record-keeping: Audits motivate businesses to maintain detailed records, improving their financial management. Preventing tax evasion: The audit process discourages any attempts to underreport income or overstate expenses. Who Needs an Income Tax Audit in India? Not everyone requires an audit. The rules are laid out in section 44AB of the Income Tax Act. Here's who needs to get their accounts audited: Businesses with a turnover exceeding Rs. 1 crore: If your business crosses this threshold, an annual audit is mandatory. Professionals with income above Rs. 50 lakhs: Doctors, lawyers, and other professionals earning more than Rs. 50 lakhs per year need an audit. Taxpayers opting out of presumptive taxation: If you choose not to use the simplified presumptive taxation scheme, an audit becomes necessary. Specific situations outlined in Sections 44AD, 44AE, and 44BBB: These sections involve calculating income based on estimates. If your actual income deviates significantly, an audit might be required. How Does it Work? Here's the basic flow of an Income Tax Audit in India: Hire a Chartered Accountant: Find a qualified CA experienced in tax audits. Provide necessary documents: Share your financial records, including invoices, bank statements, and accounting ledgers. The CA conducts the audit: They analyze your records, ask questions, and verify your information. Audit report submission: The CA submits a detailed report highlighting their findings and observations. You approve the report: Once you review and agree with the report, your CA electronically files it with the Income Tax Department. Penalties for Non-Compliance: Skipping an audit when mandated can lead to penalties. These can be a fixed amount (like Rs. 1,50,000) or a percentage of your turnover (capped at 0.5%). Don't let that happen! Remember: An Income Tax Audit in India is crucial for transparency and compliance. If you fall under the audit requirement, be proactive and start the process well in advance. Choosing a qualified and experienced CA ensures a smooth and efficient audit experience.

[ilam-india]

Top 5 High Paid Jobs after MBA in Aviation Management

Seeing a plane in the sky, a rush of pleasure used to wash over us as we waved at the tiny airplane and questioned what exploring the big skies is like! If you have constantly been inclined toward a profession in which you can jump greater toward the depths of the sky, then aviation is the enterprise you need to explore! These weblog goals to carry you a piece of complete information on what a profession in aviation entails. After completing an MBA in Aviation Management, you can pursue various high-paying roles within the aviation and aerospace industry. Here are the top five high-paid jobs:

5. Aviation Operations Manager The Aviation Operations Manager does the interview and hiring of potential staff and crew. He/she makes the schedule for all flights, including the schedules of the pilots, flight attendants, and crew. Airline operations managers also oversee the modification to the airports where their aircraft are to land. If we talk about salary, the Airport Operations Manager's salary in India ranges between ₹8.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹15 Lakhs. Salary estimation is based on the conversation with ILAM-DIT University Dehradun Placement Specialists.

4. Director of Airport Operations The Airport Operations Director is responsible for negotiations, budgeting, and purchasing. Job duties include growing long-term operational techniques and overseeing changes to airport facilities. The Airport Director works under the administrative direction of the County Administrator and acts as a supervisor to various classifications and oversight of contracted operations. The average salary for Airport Operations Director is ₹15 Lakhs to ₹27 Lakhs as per experts from Universities like Sushant University, Gurgaon, and JIMS Rohini, New Delhi.

3. Aviation Project Manager The Aviation Project Manager plans organize and direct the completion of specific projects while ensuring they are on time, on budget, and within scope. Examples of projects include the construction of airport facilities and passenger terminal enhancements. The average salary for Aviation Project Manager is ₹18 Lakhs to ₹35 Lakhs as per experts from Zee Himgiri University, Dehradun.

2. Aviation Business Consultant The Aviation Business Consultant analyzes organizational practices, identifies weaknesses, and recommends solutions. Aviation consultants work with clients on a daily basis and help clients to meet goals and objectives relating to everything from the technical to financial areas of doing business, and beyond. The national average salary for an Aviation Consultant is ₹ 82,36,310 in India.

1. Chief Operations Officer (COO) The Chief Operations Officer (COO) oversees an airline business’s day-to-day administrative and operational functions. The person in this role reports to the chief executive officer (CEO) and is second in command. The national average salary for a Chief Operations Officer is ₹4,00,00,000 in India.

[believersia]

Important Government Schemes for UPSC 2024

When preparing for the UPSC exams, a thorough understanding of various government schemes is crucial. Here’s a detailed look at some significant schemes you should focus on for the 2024 examination:

1. Pradhan Mantri Jan Dhan Yojana (PMJDY)

Objective:

To ensure access to financial services, namely Banking/Savings & Deposit Accounts, Remittance, Credit, Insurance, and Pension in an affordable manner.

Key Features:

Account Opening: Zero balance savings accounts.

RuPay Debit Card: Free issuance to all account holders.

Overdraft Facility: Up to ₹10,000 is available after six months of satisfactory operation.

Insurance Cover: Accidental insurance cover of ₹2 lakh and life cover of ₹30,000 for accounts opened up to 28th August 2018.

Achievements:

Increased financial inclusion.

Enabled direct benefit transfers.

2. Atal Pension Yojana (APY)

Objective:

To create a universal social security system for all Indians, especially the poor, the under-privileged, and workers in the unorganized sector.

Key Features:

Age Eligibility: 18 to 40 years.

Pension Benefits: Minimum guaranteed pension ranging from ₹1,000 to ₹5,000 per month.

Contribution Period: Minimum of 20 years.

Government Co-contribution: 50% of the total contribution or ₹1,000 per annum, whichever is lower.

Achievements:

Promoted retirement savings among unorganized sector workers.

Enhanced social security.

3. Pradhan Mantri Awas Yojana (PMAY)

Objective:

To ensure housing for all by 2022 by providing affordable housing to the urban poor.

Key Features:

Beneficiary Categories: Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group (MIG).

Subsidy: Credit-linked subsidy for home loans taken by eligible urban poor to buy, construct, or renovate a house.

Technology Sub-Mission: Promotes use of modern, innovative, and green technologies and building materials.

Achievements:

Significant increase in housing development projects.

Improved living conditions for the urban poor.

4. Ayushman Bharat Yojana (PM-JAY)

Objective:

To provide health cover of ₹5 lakh per family per year for secondary and tertiary care hospitalization to over 10 crore poor and vulnerable families.

Key Features:

Coverage: Covers both pre-hospitalization and post-hospitalization expenses.

Cashless and Paperless: Services across all public and empaneled private hospitals.

E-Cards: Issued to the beneficiaries for access to healthcare services.

Achievements:

Improved access to quality healthcare.

Reduced out-of-pocket expenditure for medical treatments.

5. Swachh Bharat Mission (SBM)

Objective:

To achieve universal sanitation coverage and to put focus on sanitation.

Key Features:

Gramin (Rural): Focus on eliminating open defecation through construction of household-owned and community-owned toilets.

Urban: Focus on 100% scientific management of municipal solid waste.

Behavioral Change: Extensive Information, Education and Communication (IEC) activities to promote hygiene practices.

Achievements:

Increased toilet coverage in rural areas.

Enhanced cleanliness and hygiene across urban areas.

6. Beti Bachao Beti Padhao (BBBP)

Objective:

To address the declining Child Sex Ratio (CSR) and related issues of women empowerment over a life-cycle continuum.

Key Features:

Multi-Sectoral Action: Involvement of Ministries of Women and Child Development, Health & Family Welfare, and Human Resource Development.

Focus Areas: Enforcement of Pre-Conception and Pre-Natal Diagnostic Techniques (PCPNDT) Act, promoting girl child education, and generating awareness about gender equality.

Achievements:

Improved awareness and advocacy on gender equality.

Positive changes in the Child Sex Ratio (CSR).

7. Make in India

Objective:

To transform India into a global design and manufacturing hub.

Key Features:

Sectors: Focus on 25 sectors including automobiles, textiles, biotechnology, and electronics.

Ease of Doing Business: Simplification of policies and regulations to attract foreign investment.

Skill Development: Initiatives to develop skills required for manufacturing and other sectors.

Achievements:

Increased Foreign Direct Investment (FDI).

Boosted manufacturing sector growth.

8. Skill India Mission

Objective:

To provide market-relevant skills training to over 40 crore youth by 2022.

Key Features:

Pradhan Mantri Kaushal Vikas Yojana (PMKVY): Short-term training and recognition of prior learning.

National Skill Development Corporation (NSDC): Facilitates private sector participation in skill training.

Skill Loan Scheme: Financial assistance for skill training programs.

Achievements:

Enhanced employability of the workforce.

Bridged the skills gap in various sectors.

9. Digital India

Objective:

To transform India into a digitally empowered society and knowledge economy.

Key Features:

Digital Infrastructure: High-speed internet, digital identity (Aadhaar), and mobile connectivity.

E-Governance: Online access to government services.

Digital Literacy: Initiatives like the National Digital Literacy Mission (NDLM).

Achievements:

Improved access to government services.

Increased digital literacy and internet penetration.

10. Jal Jeevan Mission

Objective:

To provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India.

Key Features:

Community Participation: Involvement of local communities in water management.

Sustainable Water Supply: Focus on sustainable water sources and efficient use of water.

Technological Intervention: Use of technology in monitoring and ensuring water quality.

Achievements:

Increased household tap connections.

Enhanced water supply management in rural areas.

Familiarize yourself with these schemes, understand their objectives, features, and achievements, and keep abreast of any updates or new schemes introduced by the government. This will not only help you in the UPSC exams but also in understanding the broader context of India’s developmental policies.

[taxsalah1]

ITR-3 Form : Complete Guide to ITR Filing

At times, filing income tax returns may seem to be a mammoth task where you are burdened with various forms and schedules. ITR-3 is designed for easy filing for resident individuals and Hindu Undivided Families engaged in a proprietorship business or profession. Through this guide, you shall be able to run through the basics of ITR-3, including its structure, eligibility criteria, and step-by-step filing procedure, thence helping you to file your ITR with complete accuracy and hassle-free ease.

What is ITR-3 Form?

Form ITR-3 is for resident persons and HUFs having income under the head "Profits or Gains of Business or Profession". This would include professionals like accountancy, medicine, engineering, architecture, and so on. In case your earnings have been derived from any proprietorship business or professional services, you should use form ITR-3 as the go-to document for tax compliance.

Key Features:

Eligibility: Individuals and HUFs having income from any proprietorship business or profession.

Income Sources: House property, short-term/long-term capital gains, and any other sources, namely lotteries or foreign assets.

Online Filing: Mandatory in all cases except, inter alia, in the case of senior citizens above 80 years or persons having income below ₹5 lakhs without any refund claim. Eligibility for ITR-3

Check if you fall into these sources of income to know whether you have to file the ITR-3 form:

Business or Professional Income: Earnings from a proprietorship firm where the individual or HUF is the proprietor.

Multiple House Properties: Income from one or more residential properties.

Capital Gains: Profits from the sale of capital assets.

Foreign Income: Earnings from assets located outside India.

Income from Other Sources: Includes earnings from lotteries, horse racing, or other miscellaneous sources.

If you have income from a partnership in any business or profession, the correct form is ITR-2 and not ITR-3.

How to File ITR-3: Step by Step

Log on to the e-Filing Portal Visit the official web portal of Income Tax Department's e-filing. You will log in with your PAN, password, and Captcha code. In case you are a new user, you will have to register first.

Go to Income Tax Return Filing After logging in, click:e-File >> Income Tax Return. Before you proceed, your PAN details will be pre-filled.

Select Assessment Year and ITR Form. The correct assessment year and form type 'ITR 3' is to be selected from the drop-down menu. Also, indicate whether it's an original or revised return.

Choose Filing and Submission Mode Select 'Prepare and Submit Online' and then click 'Continue'. The provisions for offline filing apply only to some senior citizens whose income is below a certain level.

Fill in Income and Deduction Details Enter your income, exemption, deductions, and investments correctly. Add tax payments you have already paid by way of TDS, TCS, or advance tax. Remember to save a draft periodically so you don't lose data.

Verification and Submission You can choose from Verify by – Electronic Verification Code.

Digital Signature Certificate (DSC)

Physical verification to CPC through a signed ITR-V.

E-verification can be done immediately or within 120 days of filing.

Final Review Preview all entries and 'Submit'. In the case of audited accounts under Sec. 44AB, the electronic verification is compulsory. Structural Changes in ITR-3 for AY 2023-24 Major Updates:

Schedule VDA: Reporting of income from Cryptocurrencies or other Virtual Digital Assets.

Opt-Out of Earlier Tax Regime: Ancillary questions on whether you had opted out of the New Tax Regime earlier.

Foreign Institutional Investors (FII/FPI): SEBI registration no. details.

Balance Sheet Reporting: Elaborate disclosure of advances received under Sec. 40A(2)(b).

Trading Account Section: A new schedule giving breaking up of turnover and income arising from intraday trading. Key Disclosures :

Cash deposited aggregating more than ₹1 crore in bank accounts.

Expenditure on foreign travel more than ₹2,00,000.

Expenses on Electricity above ₹1,00,000.

Capital gains from the sale of property of detailed capital gain. ITR-3 Form Structure Part A

Part A-GEN: General information and nature of business.

Part A-Manufacturing Account: Manufacturing account for the F.Y.

Part A-Trading Account: Trading account information.

Part A-P&L: Profit and loss statement.

Part A-BS: Balance sheet as on the end of year.

Part A-OI: Optional information for non-audit cases.

Part A-QD: Optional quantitative details for non-audit cases.

Schedules

Schedule S: Salary income.

Schedule BP: Business or professional income.

Schedule HP: House property income.

Schedule DPM: Depreciation on plant and machinery.

Schedule DOA: Depreciation on other assets.

Schedule DCG: Capital gains on depreciable assets.

Schedule CG: Capital gains income.

Schedule DEP: Depreciation summary.

Schedule ESR: Scientific research expenditure.

Schedule 112A: Capital gains under Section 112A.

Schedule OS: Income from other sources.

Schedule 115AD(1)(iii): Capital gains for non-residents under Section 112A.

Schedule CYLA/BFLA: Losses set off from current and previous years.

Schedule CFL: Losses carried forward

Schedule ICDS: Effects of income computation standards

Schedule UD: Unabsorbed depreciation details

Schedule PTI: Income from business trusts/investment funds Part B

Part B-TI: Total income computation.

Part B-TTI: Tax liability computation. Verification The last space for verification of the information given.

Key Tips For ITR Filing

Use '-NA-' for non-applicable schedules.

Put 'Nil' for zero figures.

Negative balances will be preceded by the '-' sign.

Round off figures to the nearest rupee.

Round off total income or loss to the nearest ₹10 only.

Through the structure of the ITR-3 form and a detailed filing procedure, one would find going through these complexities of tax filing easy and compliant.

[sigigeigewifi]

Franchise Chickpet Donne Biryani House

Franchise Chickpet Donne Biryani House

Franchiseavsdelhi

4 min read

june 30, 2024

The Chickpet Donne Biryani House Franchise in Delhi NCR and India

Chickpet Donne Biryani House (CDBH) has been proudly catering to the taste buds of customers since 1975. What started with a humble pushcart has now grown into a renowned chain of restaurants across India. Their journey began with Master Chef Gangadhar Gowda, who combined Maharashtrian and Old Mysore styles to create a unique biryani recipe. This secret masala, over five decades old, has made CDBH a household name, renowned for its authenticity and flavour.

More About Chickpet Donne Biryani House

The Chickpet Donne Biryani House Franchise India

About Us:

CDBH is not just a restaurant; it’s an emotion called biryani. Their biryani is served in Donne, a dry banana leaf, which not only adds to the flavour but also aids digestion, making it a healthy choice. Made with shorter grained Seeraga Samba (Jeera rice) and their secret masala, every bite of their biryani is packed with freshness and flavour.

Their Vision:

To be known for the uncompromising quality of their food and service and to be a brand of choice known for Freshness, Flavor, and Feeling.

Mission:

To reinforce the heritage of biryani as an Indian meal — versatile and complete.

Core Values:

Authenticity: By staying true to who they are, what they do, and who they serve. Hospitality:By being generous and friendly with all their customers, making them feel at home. Excellence: By constantly adapting, innovating, and being prudent to achieve success.

Unique Selling Proposition (USP):

– The biryani is served in Donne, a dry banana leaf, aiding digestion. – Made with shorter grained Seeraga Samba rice, which is more nutritious and flavorful. – Their biryani is made from a closely-guarded secret masala that is half a century old. – Every 20 minutes, 40 biryani portions can be made with a single masala packet, ensuring minimal wastage. – Alongside their signature Donne Biryani, they serve a fusion of dishes from different South Indian states.

Why Franchise With Them:

Franchising with them allows you to utilise a proven business model with a fine brand reputation. Here’s why it makes business sense:Culinary Reputation :Built over almost five decades, their brand is trusted and loved by customers. Organisational Support :They provide comprehensive support to maximise your business success. High Profit Margin: With a quick return on investment, you can enjoy high-profit margins. Brand Support: Theirbrand messaging and promotions help drive business to your franchise. Minimal Food Wastage: Their operations are perfected over time to ensure minimal food wastage. Proven Formula: Minimise preparation time as food items are based on a proven formula.

Investment Model:

Master Franchise:

– Investment:INR 50,00,000 + Taxes + Set up cost for 1 Free Outlet – Return On Investment: – Free outlets will be given at the investor’s preferred location for each master franchise. (Royalty collected by the brand from the master franchise outlet will be 3.5%) – 40% Franchisee fees from each franchise unit opened under the master franchise. – 2.5% of 6% Royalty collected every month from each unit franchise under the master franchise. – 6% shares from the masala given to each unit franchise under the master franchise. – Tenure:5 years Agreement (Renewal to be done after 5 years as per market value then). – Minimum required carpet area for an outlet setup:600 sq ft onwards – Minimum 20–25 unit franchise outlets to be allotted under each master franchise.

Unit Franchise:

– Cities: Tier 1, Tier 2, Tier 3 – Carpet Area: – Tier 1: 800 sqft onwards – Tier 2: 700 sqft onwards – Tier 3: 500 sqft onwards – Franchise Investments: – Tier 1: 35 Lakhs onwards – Tier 2: 19 Lakhs onwards – Tier 3: 15 Lakhs onwards – ROI: 12–18 months

Franchise Setup Cost — Summary:

-Total Carpet Area in Sq. Ft. – Interior & Fit outs – Furnitures – Signage & branding – POS System – Equipment & Furniture – Inventory – Licences & Permissions – GST & other Registration – Business Promotion & Licensing – Initial Inventory– Training & Development – Launch and Pre-opening marketing expenditure – Property Deposits (Refundable)

Brand Support:

– Facilitation: They will help you in building and advancing your outlet. – Set Up:They assist in choosing the best location and provide a blueprint of interior design and architecture. – Training: Inclusive training programs for chefs and staff prior to the start of business operations. – Supply & Sourcing:We provide a trusted and reliable supply network to ensure cost-effective sourcing of raw materials. – Staffing: They support in hiring all staff and replacements as required. – R&D and Marketing: They get engaged in regular R&D, menu development, enhancement, and marketing development initiatives. – PR Support:Regular coverage at both national and regional levels through various media. – Ads & Promotions:They will organise events specific to advertising & promotions at all levels. – Marketing:Conduct activities to market and communicate the brand proposition.

Awards & Recognition:

– TIMES BUSINESS AWARDS BENGALURU 7033 -Fastest Growing Restaurant Franchise Brand:Chickpet Donne Biryani House Hospitality Pvt Ltd – Brand of the Year 2016–2019 – Media: Times Now & Times

Conclusion:

Chickpet Donne Biryani House is not just a restaurant; it’s a legacy. Join them in their journey to spread the love for authentic, flavorful biryani across India. With a proven business model, comprehensive support, and a brand legacy of nearly five decades, partnering with us is the right choice for a successful and profitable venture. For inquiries and more, Contact us now to start your journey with Prabhuji Pure Food! If you are interested in investing in the Chickpet Donne Biryani House, you can contact Franchise AVS through their official website www.franchiseavs.com, or email franchiseavs@gmail.com. You can also reach them by phone at 9205434226

[sunalimerchant]

The Role of Government Schemes in Facilitating MSME Business Loans

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to employment, exports, and GDP growth. Despite their crucial role, MSMEs often face significant challenges in accessing finance, which can hinder their growth and development. To address this issue, the Indian government has introduced various schemes and initiatives aimed at facilitating MSME business loan. This article explores the key government schemes that support MSME financing and their impact on the sector.

The Importance of MSME Financing

Access to finance is vital for the growth and sustainability of MSMEs. It enables them to invest in new technologies, expand operations, and enhance their competitiveness. However, traditional banks and financial institutions often view MSMEs as high-risk borrowers due to their lack of collateral, credit history, and formal financial documentation. This gap in financing has led to the development of targeted government schemes designed to bridge the gap and support MSMEs in securing the necessary funds.

Key Government Schemes Supporting MSME Loans

1. Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE)

The CGTMSE was established to provide collateral-free credit to MSMEs. Under this scheme, the government guarantees a certain percentage of the loan amount, reducing the risk for lenders and encouraging them to extend credit to small businesses.

Key Features:

Coverage of up to 85% of the loan amount for micro-enterprises.

Loans up to INR 2 crore are eligible for coverage.

Both term loans and working capital loans are included.

Impact:

Increased access to finance for startups and small businesses without the need for collateral.

Encouraged banks and financial institutions to lend to the MSME sector, boosting overall credit flow.

2. Pradhan Mantri Mudra Yojana (PMMY)

Launched in 2015, PMMY aims to provide micro-credit to non-corporate, non-farm small/micro enterprises. The scheme offers three types of loans: Shishu (up to INR 50,000), Kishore (INR 50,001 to INR 5 lakh), and Tarun (INR 5 lakh to INR 10 lakh).

Key Features:

Loans are provided through various financial institutions, including commercial banks, regional rural banks, small finance banks, and microfinance institutions.

Focus on promoting entrepreneurship among marginalized sections of society.

Impact:

Enhanced financial inclusion by providing credit to small businesses and entrepreneurs in rural and semi-urban areas.

Supported the growth of micro-enterprises and created employment opportunities at the grassroots level.

3. Stand-Up India Scheme

The Stand-Up India scheme aims to promote entrepreneurship among women and Scheduled Castes (SC) and Scheduled Tribes (ST) by facilitating bank loans between INR 10 lakh and INR 1 crore.

Key Features:

Each bank branch is required to provide loans to at least one SC/ST borrower and one woman borrower.

Loans can be used for setting up new enterprises in manufacturing, services, or trading sectors.

Impact:

Encouraged entrepreneurship among underrepresented groups, promoting social and economic empowerment.

Facilitated the creation of new businesses and job opportunities in diverse sectors.

4. Prime Minister's Employment Generation Programme (PMEGP)

PMEGP is a credit-linked subsidy scheme aimed at generating employment opportunities through the establishment of micro-enterprises in rural and urban areas.

Key Features:

Financial assistance provided for new projects in the manufacturing and service sectors.

Subsidy rates of 15% to 35% of the project cost, depending on the location and applicant category.

Impact:

Supported the establishment of over 7 lakh micro-enterprises, creating millions of jobs.

Promoted self-employment and entrepreneurship in rural and semi-urban areas.

5. Interest Subvention Scheme for MSMEs

This scheme provides an interest subvention of 2% per annum on incremental loans up to INR 1 crore for MSMEs, aimed at reducing the cost of borrowing and encouraging investment in business growth.

Key Features:

Applicable to all MSMEs with valid GST registration.

Interest subvention available for both term loans and working capital loans.

Impact:

Reduced financial burden on MSMEs, enabling them to invest in expansion and modernization.

Improved cash flow management and operational efficiency for small businesses.

Conclusion

Government schemes play a crucial role in facilitating MSME business loans in India. Initiatives like CGTMSE, PMMY, Stand-Up India, PMEGP, and the Interest Subvention Scheme have significantly enhanced access to finance for small businesses, fostering entrepreneurship and economic growth. By addressing the unique challenges faced by MSMEs, these schemes help create a more inclusive and dynamic business environment, ensuring that small enterprises continue to thrive and contribute to India's economic development.

[repaireex]

Why Does My Phone Keep Breaking Down?

Why does my phone keep breaking down?

Are you frustrated with your phone constantly breaking down? You’re not alone. Many people experience frequent issues with their smartphones, which can be both annoying and inconvenient. Understanding the reasons behind these problems can help you take better care of your device and potentially avoid future breakdowns. Low Investment Mobile Repair Franchise Here are some common reasons why your phone might keep breaking down:

1. Physical Damage

Accidental drops, bumps, and knocks are among the most common causes of phone damage. Even with a protective case, your phone is still vulnerable to physical impacts that can damage the screen, internal components, or the overall structure of the device.

Prevention Tips:

Use a sturdy case and a screen protector. Best Mobile Franchise Business in India

Handle your phone with care, especially around hard surfaces. Authorized Mobile Service Center Franchise

Avoid placing your phone in precarious positions where it can easily fall.

2. Exposure to Water and Moisture

Water damage is a major issue for smartphones. Even a small amount of moisture can wreak havoc on the internal components of your device. Water exposure can happen in various ways, from dropping your phone in water to using it in humid environments.

Prevention Tips:

Keep your phone away from water and moisture. India Number One Mobile Repair Franchise

Use waterproof cases if you often find yourself near water.

Avoid using your phone in the rain or in steamy environments like bathrooms.

3. Overheating

Overheating can be caused by various factors, including prolonged use, running too many apps at once, or exposure to direct sunlight. When your phone overheats, it can cause the battery to swell, damage internal components, and reduce overall performance.

Prevention Tips:

Avoid using your phone for extended periods without breaks.

Close unused apps and reduce multitasking. Phone Repair Franchise in India

Keep your phone out of direct sunlight and hot environments.

4. Software Issues

Software problems can arise from bugs, malware, or compatibility issues with apps and the operating system. These issues can cause your phone to crash, freeze, or perform poorly. Mobile Repairing Franchise in India

Prevention Tips:

Keep your phone’s software up to date.

Download apps only from trusted sources.

Regularly scan your phone for malware and viruses.

5. Battery problems

Battery issues are a common cause of phone breakdowns. Over time, batteries degrade and lose their ability to hold a charge. This can result in your phone dying quickly, shutting down unexpectedly, or not charging at all. Best Mobile Repair Franchise Business in India

Prevention Tips:

Avoid overcharging your phone.

Charge your phone using a reliable charger and cable.

Replace the battery if it shows signs of significant degradation.

6. Manufacturing defects

Sometimes, phones have inherent manufacturing defects that lead to recurring issues. These defects can cause hardware malfunctions, software glitches, or other persistent problems. iPhone Repair Franchise in India Under 10 Lakhs

Prevention Tips:

Check for product recalls or known issues with your phone model.

Take advantage of warranty services if your phone is relatively new.

Consider purchasing devices from reputable brands with good customer support.

Conclusion

Understanding why your phone keeps breaking down is the first step toward preventing future issues. Taking proper care of your device can extend its lifespan and ensure it remains functional. If you continue to experience problems, it might be time to consult a professional repair service, like Repaireex is India’s No. 1 repair company, which deals in smartphone repair, laptop repair, and refurbishing laptops with over 45+ locations across India, to diagnose and fix the underlying issues. Remember, proactive maintenance and careful handling are key to keeping your phone in good condition.

[excellentcorporateservices]

Filing the Indian Income Tax Return for Resident Indians 

Is it mandatory to file an income tax return?

Yes, it is essential to file income tax returns if:

1. Income exceeds Rs. 2.5 lakhs for the year (before deductions under Chapter VI-A and capital gains exemptions).

2. There are two categories of people, regardless of income:

Have assets outside India - Deposited greater than Rs.1 crore in current accounts throughout the year - Deposited at least Rs.50 lakhs in savings bank accounts in the preceding year

If a company's total sales, turnover, or gross receipts surpasses sixty lakh.

If a person's total sales, turnover, or gross receipts in a business exceeds sixty lakh rupees within the previous year,

If their total gross receipts in a profession exceed ten lakh rupees in the previous year or in the event, that the aggregate of tax deducted at source and collected at source throughout the previous year is 25 thousand rupees or more,

Expended more than Rs.1 lakh on energy

Expenditure of more than Rs. 2 lakh on travel outside India from both personal and company bank accounts

3. Any taxable capital gain, regardless of the basic tax slab exemption (2.5L).

In other circumstances, it is not necessary to file an income tax return. However, there are some advantages to filing voluntarily.

What are the benefits of voluntarily filing income tax returns?

▪️ Requesting reimbursement for withholding taxes (TDS deducted).

▪️ Carry forward losses to offset future incomes.

Contact us right away to submit your income tax returns and become an honest and honored Indian. Visit us @ https://www.excellentcorporateservices.com/income-tax-return-filing-consultants-chennai.php

[cloudkitchenbusiness29]

Benefits of Cloud Kitchens

The cloud kitchen model offers several advantages over traditional brick-and-mortar restaurants. Here are some key benefits:

1.    No Rental Expenses

One of the most significant advantages of a cloud kitchen is eliminating high rental costs associated with prime-location dining spaces. Since cloud kitchens do not serve customers on-site, they can be located in more affordable areas, reducing overhead costs significantly.

2.    No Salary Expenses

Staff costs can be a substantial part of a traditional restaurant's expenses. Cloud kitchens, however, require fewer staff members because there is no need for servers, hosts, or cleaning staff. The focus is on kitchen staff who prepare the food, and sometimes, even these roles can be optimized with efficient processes and technology.

3.    No Equipment Required

The initial setup costs are minimal when you partner with a franchise like The Rolling Plate. The company provides the necessary kitchen equipment, so you don't have to invest heavily in purchasing expensive cooking appliances and tools. It makes starting and operating a cloud kitchen easier with lower capital investment.

4.    High Monthly Profits

Cloud kitchens are designed to be highly profitable. With the reduced rent, salaries, and equipment costs, more significant revenue can be reinvested into the business or taken as profit. The Rolling Plate's model allows franchisees to enjoy a 19% share of the monthly sales revenue, ensuring a steady income stream.

Step-by-Step Guide to Starting Your Cloud Kitchen

Starting a cloud kitchen involves several steps. Here's a comprehensive guide to help you get started:

Step 1: Select Your Sub-Brand

With over 20 sub-brands, including Indian, Chinese, and multi-cuisine options, you can select the brand that best fits your market and personal preferences. Some popular brands under The Rolling Plate include:

·    Indian Brands: Ballu Bawarchi, Bhukha Sher, Dana-Paani, Kahi-se-Bhi, Rozi Roti, Delhi-Cacies, Chicken Khurana, Laale Di Chaap, Dilli Meri Jaan, Roti aur Boti' Xpress, Raja Bhoj & Co, Dumb Biryani, Bahu Belly.

·    Chinese Brands: Shanghai Chillies, Fat Chinese Chef, Dou Chi, Excellent Dumpling House, Let's Wok, Chopper's Stop.

·    Multi-cuisine Brands: Oye Chottu, Pind Kaneda.

Step 2: Pay the Franchise Fee

After choosing your preferred sub-brand, the next step is to sign the franchise agreement and pay the franchise fee of 2.9 lakhs plus GST. The Rolling Plate team will assist you with the paperwork and support you to get your cloud kitchen up and running.

Step 3: Set Up the Kitchen

The Rolling Plate will handle the setup of your cloud kitchen, providing all the required equipment and managing the staff. This means you don't have to worry about the logistics of setting up the kitchen, allowing you to focus on the business side.

Step 4: Access Food Delivery Platforms

One of the significant advantages of partnering with The Rolling Plate is the access to food delivery platforms like Zomato and Swiggy. These platforms are essential for reaching a broad customer base and ensuring a steady flow of orders.

·    Zomato: Known for its extensive user base and user-friendly interface, Zomato will help you reach a broad audience.

·    Swiggy: With its reliable delivery network, Swiggy ensures your food reaches customers efficiently.

Step 5: Monitor Sales and Performance

The Rolling Plate provides comprehensive data on your sales and performance through the Zomato and Swiggy portals. You can track daily orders, revenue, customer feedback, and more, helping you make informed decisions to improve your business.

Step 6: Enjoy High Monthly Profits

With all operations managed by The Rolling Plate, you can enjoy a high monthly profit margin. The company's revenue-sharing model ensures you receive 19% of the monthly sales revenue, providing a steady income stream.

[financeguidebangalore]

A Comprehensive Guide to Income Tax in India (2024): Everything You Need to Know

Introduction

Income tax is a pivotal component of India’s financial system, serving as a primary revenue source for the government. This guide aims to provide a comprehensive overview of income tax in India for the financial year 2023-24, including its structure, rates, filing procedures, and benefits.

Understanding Income Tax on Income in India

What is Income Tax?

Income tax is a direct tax imposed by the government on the income earned by individuals and businesses. The tax is calculated based on the income slab rates determined by the Tax Department of India. It helps fund various public services, infrastructure projects, and government schemes aimed at the welfare of the citizens.

Who is Liable to Pay Tax?

Individuals: Including salaried employees, self-employed professionals, and freelancers.

Hindu Undivided Families (HUFs): A family consisting of all persons lineally descended from a common ancestor.

Companies: Both domestic and foreign companies operating in India.

Firms: Partnerships and LLPs.

Associations of Persons (AOP) and Body of Individuals (BOI).

Trusts: Including charitable and religious trusts.

How to Calculate Income Tax?

Determine Gross Total Income: Sum of income from all sources – salary, house property, business or profession, capital gains, and other sources.

Claim Deductions and Exemptions: Subtract eligible deductions under various sections such as 80C, 80D, 80G, etc.

Compute Taxable Income: Gross Total Income – Deductions

Apply Relevant Tax Slabs: Apply the applicable tax rates based on the income slab.

Account for Tax Rebates: Apply rebates, if any, such as under Section 87A.

Add Surcharge and Cess: Include any applicable surcharge and 4% health and education cess.

Deductions and Exemptions Income Levy.

Deductions and exemptions play a crucial role in reducing the tax liability of an individual. Some of the common deductions available under the Tax Act are:

Section 80C

Investments in instruments like Public Provident Fund (PPF), Employees’ Provident Fund (EPF), National Savings Certificate (NSC), and life insurance premiums qualify for deductions up to ₹1.5 lakh.

Section 80D

Premiums paid for health insurance for self, spouse, children, and parents can be claimed as deductions. The limit is ₹25,000, which increases to ₹50,000 for senior citizens.

Section 24(b)

Interest on home loan for a self-occupied property can be claimed up to ₹2 lakh.

Section 80E

Interest on an education loan for higher education is deductible without any limit.

Section 80G

Donations to specified relief funds and charitable institutions qualify for deductions.

Filing Tax Returns (ITR)

Step-by-Step Guide to Filing ITR

Gather Documents: Start by collecting necessary documents like Form 16, bank statements, investment proofs, and TDS certificates.

Choose the Correct ITR Form: Determine the appropriate ITR form based on your income sources.

Log in to the Income Tax Portal: Access the e-filing portal of the Income Tax Department.

Fill in the Details: Enter all required details in the selected ITR form.

Verify the Details: Ensure the information entered is accurate by cross-checking it.

Submit and E-Verify: Finally, submit the ITR and complete the e-verification process using methods like Aadhaar OTP, net banking, or EVC.

Due Dates for Filing ITR

Individuals and HUFs: July 31 of the assessment year.

Businesses requiring audit: October 31 of the assessment year.

Revised or belated returns: December 31 of the assessment year.

Penalties for Non-Compliance

Late Filing Fee: Up to ₹10,000 for filing returns after the due date.

Interest on Late Payment: Interest under Sections 234A, 234B, and 234C for late payment of taxes.

Penalty for Underreporting Income: 50% to 200% of the tax due on underreported income.

Benefits of Filing Tax Returns

1. Loan Approvals: ITR receipts are essential documents for loan approvals. 2. Visa Applications: Many consulate offices require ITR copies for visa processing. 3. Claiming Refunds: Filing on time enables taxpayers to claim refunds for any excess tax paid. 4. Proof of Income: Serving as a valid proof of income, ITR is useful for various financial transactions. To Read more - https://blog.poweroffactorial.in/income-tax/

[iso-updates]

Obtaining ISO 20000-1 in UAE: Costs, Importance, and Strategies for Optimization

ISO certificate is an unquestionable necessity for each association to improve their business tasks and take on quality regulations. The ISO standard gives best practices to associations to change their business activities and embrace quality in their business tasks. Now, here comes the questionnaire as to what is the cost of ISO certification in Dubai, UAE.

With regard to the ISO Certificate cost in UAE, it relies upon different elements. The size and intricacy of the associations are significant boundaries in deciding the expense of ISO Certification. The expense for an ISO Certification is unmistakably determined considering the audit time requirement, no of employees to be prepared, the quantity of locales from which the organization works, and so on.

What is the Cost of ISO 20000-1 Certification in UAE?

The expense of an ISO 20000-1 in UAE begins from AED 3000 for a small organization with under 20 workers. 

The ISO 20000-1 cost in UAE relies upon different factors, for example, the association size, nature of the business movement, certificate body cost, and audit necessities, and that's just the beginning.

Additionally, the expense of utilizing an accomplished ISO Auditor should be represented. Audit planning, document literature, gap analysis, implementation, and so on. Travel costs for the specialist and certification body for the audit are billable to the client.

Cost Factors of ISO 20000-1 Certification in UAE

The cost of accomplishing ISO 20000-1 Certification can fluctuate contingent upon a few key variables:

A portion of the variables that decide the expense of ISO certification are:

Size of the organization i.e., number of employees, shifts

Processes and their intricacies

Standards applied for

Number of areas

Risks related to the services/products advertised

Likewise, the cost might go up to a lakh for a 3-year residency. As a rule, ISO certificate are legitimate for a time of 3 years. Before the expiry of 3 years, organizations can apply for recertification.

Getting to the Core of Why ISO 20000 is Significant?

To understand the significance of ISO 20000, knowing the connection between IT and the general outcome of your organization is indispensable. You depend on IT to assist you with accomplishing your organizational objectives. It influences how you work and how you impart, it's a central component of how you carry on with work.

You use IT to beat your rivals, to contact bigger crowds, and to turn out to be more useful and more effective. In a bunch of ways, IT is essential to further developing incomes, lessening costs, and upgrading your reputation.

In this way, it's significant that you maximize your IT speculations, meaning IT services should be all around designed, planned, made due, and delivered. Without top-notch IT Service Management Certification Costs, IT projects regularly fall flat or go over spending plans. Progressing costs become hard to make due, and you frequently see organizations bomb prior to accomplishing any profit from their venture.

Along these lines, set forth plainly, good IT Service Management (ITSM) standards are central to your prosperity. What's more, keeping the ISO 20000 guideline is a method for ensuring that quality.

Offer of ISO 20000-1 Standardization in UAE

While achieving ISO 20000-1 certification in UAE includes an underlying speculation, it's vital to consider the drawn-out offer. The standard offers many advantages that can essentially upgrade your association's IT tasks, possibly prompting significant cost savings funds over the long run.

Here is a brief look into a portion of the vital profits from the venture (return on initial capital investment):

Further developed Effectiveness and Reduced Expenses: Smoothed out processes, fewer mistakes, and limited margin time contribute tremendous cost savings funds.

Upgraded Consumer Loyalty: An emphasis on addressing customer needs means fewer help tickets and more joyful customers, possibly prompting expanded income streams.

Competitive Advantage: The internationally recognized ISO 20000-1 separates your association, supporting your reliability and attractiveness.

Risk Management & Mitigation: A proactive way to deal with risk ID and relief helps defend your association from expensive security breaks and data loss.

Optimization of Costs to Consider in UAE

UAE associations can investigate a few systems to enhance the expense of accomplishing ISO 20000-1 standard in UAE:

Utilizing Internal Resources: If your organization has in-house ability, use their insight to get done with jobs inside whenever the situation allows.

Joint effort and Consolidation: Consider teaming up with different associations to share the cost of accreditation body charges or experts, especially assuming you work in a similar industry.

Staged Approach: In the event that monetary imperatives are a worry, investigate a staged certification approach. Begin by ensuring a central IT service set and slowly extending it over the long run.

Conclusion

Getting an ISO 20000-1 in UAE addresses a critical speculation with significant advantages for organizations planning to improve their IT service management. The expenses related to certification fluctuate contingent upon elements, for example, organization size, process intricacy, and the number of areas. Regardless of the underlying use, the drawn-out benefits going from further developed effectiveness and reduced expenses to upgraded consumer loyalty and the upper hand makes ISO 20000-1 an important pursuit.

Organizations can upgrade the cost of certificates by utilizing internal assets, teaming up with different organizations, and embracing a staged way to deal with certificates. Thus, they can manage expenses while receiving the full rewards of this renowned standard.

At last, accomplishing the ISO 20000-1 certificate not only highlights a promise to excellence in ITSM but also positions associations for sustained outcomes in a cutthroat market.

[franchiseavscompany]

Franchising in Retail Industry: Fashion World by Trends

If you want to Invest in the Indian retail market, then keep in mind that Reliance is offering huge offers in the market.

Fashion World by trends franchise opportunity in Delhi NCR & India

Some details are given below that you need to know before investing:

Introduction of Fashion World by Trends

Reliance Retail is expanding into tier 2, 3, and lower towns with its value apparel retail outlets under the Fashion World by Trends brand. This marks the first dedicated format for small markets and a broader reach into rural areas. Fashion World by Trends will offer distinct merchandise assortments, customized for each market, with more affordable options targeting first-time buyers of branded and ready-made apparel.

About Reliance Retail F&L

Fashion & Lifestyle Reliance Retail is the largest fashion apparel retailer in India and has adopted a multi-format approach in reaching out to its customers through various retail concepts that cater to customer segments from Mass, Economy, Mid-Premium and Premium. The Fashion & Lifestyle business has over 3,100 stores with presence in over 1,000 cities. Business has developed competencies to straddle across the value chain of fibre to wardrobe allowing it to deliver the most stylish and trendiest fashion to Indian customers.

Vision of Fashion World

(Democratize fashion to millions of people in India)

Today small & mid-sized fashion retailers are supported by AJIO Business, India’s largest B2B fashion platform, providing them access to 3 Lakh+ latest styles, with Reliance assured quality, across price points. As forward integration of the business we are launching a new offline retail format that integrates fashion brands, retailers & customers under Fashion World.

The mission of Fashion World

(Transform the high-street shopping experience of 200 million customers in the next 5 years using a network of partner stores across 500 cities)

Reliance Fashion World aims to transform the high-street fashion of the country offering personalized service, curated fashion & superior shopping experience. It offers stylish, high-quality products across apparel, accessories, and footwear through a diversified portfolio of Reliance Retail Fashion Brands.

Why partnering with Fashion World by Trends?

Invest

Retail space of 1000–4000 sq ft

Investment of 20–50 lakhs

Good retail acumen & local market knowledge

Own

“Fashion World” franchisee partner

Reliance’s exclusive hyperlocal fashion assortment

Reliance Branded signage

Operate

Manage the daily store operations as per the SOPs

Branding, pre and post-store launch, billing & CRM, and visual merchandising support

Grow

Earn up to 30–40% annual return

Benefits of stock correction, cash discounts, and store promotions

Benefits of Partnering with Fashion World

1st the opportunity to become a franchise partner with RRL F&L

2.5 lakh Franchisee Fees payable to the company waived off (early bird)

Store Interior Layout Design & 3D Diagram support

Visual merchandising, branding, and marketing support

Billing & CRM software at free of cost

Retail training for support staff and store employees

Primary Requirements

Entrepreneurial mindset and customer-centricity.

Good retail acumen and the ability to manage the day-to-day operations of the store as per the company’s SOPs.

Retail space required as per store model in a pre-defined High Street catchment.

Investment Capacity as per store model.

Knowledge of the local market and existing customer base is preferred.

Specialty store requirements

Total area: 1000 sqft

Max levels: 1

The Ground Floor is compulsory

Frontage~ min 15 ft+

Height ~ 10 ft

Shop Interiors: Approximately Rs. 1200/sq.ft. = 12 lacs

2.5 months of stock cover @ 1400 units/month as per specialty format category chosen by franchisee.

Tier 3 & 4 Rental 30 rupees approx Rental

Family store requirements

Total area: 4000 sqft

Min floor plate: 750 ft

Max levels: 2 (GF +1)

Frontage ~ 20 ft +

Height ~ 10 ft

Shop Interiors: Approximately Rs. 1200/sq.ft. = 24 lacs

2.5 months of stock cover @ 2800 units/month across all category-menswear, womenswear, kidswear & footwear.

Tier 1 & 2 Rental 70 rupees not more than that!

Contact Information:

If you are interested in dealing with the Fashion World by Trends for franchising, you can contact Franchise AVS through their official website www.franchiseavs.com, or email franchiseavs@gmail.com. You can also reach them by phone at +919205434226.

Conclusion:

Partnering with Fashion World by Trends is a lucrative opportunity for investors looking to be a part of a well-established brand in India. With a secure deal, attractive profit margins, and the support of the Reliance group, the Fashion World by Trends offers a promising future in the Indian retail market.

[nickyysharmi]

Efficiency Unleashed: Poonawalla Fincorp’s PBT Per Employee Climbs to ₹68 Lacs

Under the strategic leadership of Abhay Bhutada, Poonawalla Fincorp Limited has witnessed an incredible transformation, particularly in its financial and operational spheres. A standout indicator of this evolution is the dramatic increase in Profit Before Tax (PBT) per employee, which has jumped from ₹0.12 lakh in December 2020 to an impressive ₹68 lakh by March 2024. This significant growth showcases the company's revitalization and its strong position in the non-banking financial company (NBFC) arena.

Unprecedented Growth in PBT per Employee

Since joining forces with the Cyrus Poonawalla Group in 2021, Poonawalla Fincorp has experienced a spectacular rise in its PBT per employee. This figure has soared from ₹0.12 lakh in December 2020 to ₹68 lakh by March 2024, reflecting the company’s improved profitability and operational efficiency.

The exceptional growth stems from strategic efforts in optimizing resource allocation, enhancing productivity, and embracing technology to refine processes.

Also Read: Unveiling Abhay Bhutada’s Salary Journey And Impact

Financial Milestones Reached

In addition to the notable rise in PBT per employee, Poonawalla Fincorp has accomplished several key financial milestones. By March 31, 2024, the company's Assets Under Management (AUM) surpassed ₹25,000 crore, while its Profit After Tax (PAT) crossed ₹1,000 crore. These achievements highlight the company's robust growth path and its ability to consistently deliver value to stakeholders.

Furthermore, Poonawalla Fincorp has maintained exceptional asset quality, with Gross Non-Performing Assets (GNPA) under 1% and Net Non-Performing Assets (NNPA) below 0.5% as of May 2024, showcasing effective credit and risk management strategies.

Leadership Paving the Way for Transformation

Poonawalla Fincorp's remarkable turnaround can be largely attributed to the visionary leadership of Abhay Bhutada. His strategic direction has been crucial in overhauling the company’s operational strategies and fostering innovation for growth. Bhutada’s foresight has steered the company towards innovative financial solutions and a solid governance framework. His leadership has not only driven financial success but also instilled a culture of excellence and accountability, aligning employees with the company’s long-term objectives and significantly boosting PBT per employee.

Also Read: Unveiling Abhay Bhutada: A Leader’s Inspiring Odyssey In Finance

Expanding Service Offerings

Central to Poonawalla Fincorp’s growth strategy is its wide range of financial products. The company offers a comprehensive array of services, including pre-owned car finance, personal loans, professional loans, business loans, loans against property, co-branded credit cards, machinery loans, medical equipment loans, and consumer loans.

Commitment to Core Principles

Poonawalla Fincorp’s operations are deeply aligned with its core values: Passion, Principles, Purpose, People, and Possibilities. These values define the company’s identity and commitment to outstanding service and innovation.

These core principles have been pivotal in Poonawalla Fincorp’s transformation journey, fostering a culture of integrity, excellence, and ongoing improvement. Adhering to these values has been key in maintaining a competitive edge and driving sustainable growth.

Looking to the Future

Poonawalla Fincorp is well-positioned for continued growth and operational excellence. The company’s strategic focus on broadening its product range, enhancing customer experiences, and maintaining a commitment to innovation and strong governance provides a solid foundation for future achievements.

As Poonawalla Fincorp navigates the evolving NBFC landscape, it remains dedicated to leveraging its strengths and exploring new opportunities to provide lasting value to its stakeholders.

Conclusion

The remarkable rise in PBT per employee from ₹0.12 lakh to ₹68 lakh underscores Poonawalla Fincorp’s successful transformation and strategic acumen. Under Abhay Bhutada’s leadership, the company has attained significant financial milestones and set new benchmarks for operational efficiency and excellence in the NBFC sector. With a steadfast commitment to its core values and a forward-thinking approach, Poonawalla Fincorp is set to continue its rise as a leading player in the financial sector.

[trimbapandit]

Decoding Karkotak Kaal Sarp Dosh: Understanding its Influence

Kaal Sarp Dosh is an astrological term that denotes an alignment that is thought to bring obstacles in life. This cosmic arrangement affects many facets of life. It is associated with the locations of Rahu and Ketu in the birth chart. The native may experience a range of problems in life. As there are twelve types of kaal sarp dosh, a person can be afflicted by any. If you have been influenced by Karkotak Kaal Sarp Dosh, then read until the end to get a deeper insight into it

What is Karkotak Kaal Sarp Dosh?

Karkotak kaal sarp dosh occurs in the birth chart of an individual when the seven planets are positioned on opposite sides of the Rahu and Ketu axis. When the planet Ketu is in the second position and Rahu comes in at number eight, this dosha happens. An individual's good fortune is impeded because of this dosha. Any person who is born under this dosha is called Aprajita Kaalsarp Dosha. It is easier to spot people under this dosha as they are generally outspoken in nature and often face oral illnesses quite often.

What are the Negative Effects of Karkotak Kaal Sarp Dosh?

The Karkotak kaal sarp dosh effects are quite negative. It can cause a range of problems in the native's life. Some of the negative effects that you may find one to suffer from includes 

A person may experience problems with family members, marriage, and other hurdles.

These people may not get much attention or love from their parents. 

The person inflicted by this dosha may face hurdles in their education.

These people may get easily influenced by bad company. 

A person may undergo a lot of health issues and get into bad habits that can cause the health to deteriorate.

It is possible that a person may experience fraud or even face loss of money. 

There may be a lag in marriage or the marriage can lead to divorce. 

A person may experience extramarital affairs or may entertain sex workers. 

Are There Any Benefits of Karkotak Kaal Sarp Dosh?

Just like two sides of the coin, the Karkotak kaal sarp dosh comes with both negativity as well as positivity. As the negative impacts have been mentioned above, the benefits of this dosha that a native may experience include 

The person may accumulate spiritual wisdom.

After marriage, a person can find success in their professional life. 

There may be possibilities of making profits from unimaginable sources.

It makes a person honest towards their deeds as well as words.

They may be attracted towards doing yoga. 

The nature of such people may become expressive extremely.

What are the Remedies That You Can Opt to Eliminate Karkotak Kaal Sarp Dosha?

There are several remedies that can be opted for to eliminate the Karkotak Kaal Sarp Dosh from your life. Some of these remedies you can do are 

Make sure to do the Jaap of Mahamrityunjaya mantra around 1 lakh and 35 thousand times.

One can choose to do the Mahapuja of Lord Shiva. 

The native should not buy any vehicles under their name nor should do any partnership in business. 

One must stay away from unhealthy food habits or addiction of any kind including smoking. 

You can carry a silver ball all the time to neutralize the effects of this dosha from life. 

A person must keep silver jewellery in a box of honey in their house. 

You can place a brass container in the secluded area of the house filled with river water to remove the ill effects.

The native can also wear gold to lessen the effects of the dosha from life. 

How Can You Do Karkotak Kaal Sarp Dosh Nivaran?

The Karkotak Kaal Sarp Dosh Nivaran can be easily done if you consult with a pandit ji and review your Kundali. An experienced pandit ji will look into your birth chart and come up with solutions. And the best way, the pandit ji will do the Nivaran is by performing the Kaal Sarp Dosh Nivaran puja on an auspicious day. After the puja is conducted, you can expect your life to transform positively.