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Tax Benefits On Business Loans In India
Worried about if taking a Business Loan will have an adverse effect on you next year’s taxes? There is nothing to worry about, Business Loans Are Tax Deductible! Loans do not fundamentally have any effect on the taxes. As per the Income Tax Act, 1961, increasing or getting capital/money through loaning is not same as…
Why Taking Loans Can Often Be Beneficial For Businesses?
In this current situation where the covid-19 pandemic has enforced lock down in many parts of the world, it has become difficult for many businesses whether small or large to sustain themselves. In order to ease the economic situation in India, the government decided to bring out several relief packages for businesses and among them,…
Can You Take Out Multiple SBA Loans
Every small business owner aspires to access capital in critical times. It is essential for a business’s survival, whether it be for smoothing the gaps in cash flow or hiring task force. Capital becomes even more important in uncertain times. Do you lack funds to sustain your business or to complete certain projects? You can…
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Business Loans in India 2020 