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GST Suvidha Kendra
Articles

Popcorn Infotech Partners with NSDL Payments Bank

Popcorn Infotech Partners with NSDL Payments Bank to provide digital banking services at its network of over 5500 Popcorn GST Suvidha Kendra across India. Popcorn Infotech entered into partnership with NSDL Payments Bank to provide Banking Business Correspondent (BC) services on a Pan India basis through its network of Popcorn Suvidha Kendra's. Through digital banking the physical barrier of a Bank Branch has been removed which makes this model highly scalable. The existing platform through which Popcorn Infotech is providing other taxation and retail services services at its Popcorn Suvidha Kendra will be utilized for providing Banking services as well.

Popcorn Infotech is associated with some of the top organizations of India namely — Tata Communications, IDFC First Bank, ICICI Bank, IRCTC, UTI (Pan card), UTI (Ayushman Bharat card), E-Mudhra, Mahindra Finance, Delhivery courier and many more. After all these successful collaborations, Popcorn Infotech is now collaborating with NSDL Payments Bank. NSDL Payments Bank is the first and largest depository in India, that has been simplifying financial and investment journeys for more than 2 decades by utilizing the advantages of NEO banking. NSDL has been able to win the trust of millions of investors and other intermediaries through its wide range of businesses, thus standing true to its tagline- TECHNOLOGY, TRUST, AND REACH.

Popcorn Infotech with use its 5,500+ agent network across India to tie-up with NSDL Payments Bank for Roll out on Banking Business Correspondent.
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Health Insurance and It's Perks

“Stay Healthy!” This is probably the phrase that we have heard the most almost the throughout 2020. But is it really that easy? Living in a developing country like India, Managing through out hectic schedules and still being able to keep our Health at 100? To be honest, it is impossible. Even the most passionate of fitness enthusiasts take at least one visit to the hospital every year, it just can’t be helped. So what is the answer to it? Yes! Health Insurance! We obviously can’t manage the eventual wear and tear of the human body, what we can manage is the cost that comes with it.
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Reliefs Announced For MSME Under COVID 19 Regime

1. 20% top-up loan, to outstanding loan (as on 29.02.2020) Collateral Free Automatic Loan for MSME. Those MSME having Loan upto Rs 25 crores and turnover upto Rs 100 crores will be covered in this scheme. 100% Central Govt Guarantee on principal and interest. No guarantee fee. This loan will be for 4 Years with a Moratorium of 12 Months on principal repayment. Interest to be capped. Scheme can be availed till 31st October 2020.
2. 20,000 Crores will be infused as Subordinate Debt for stressed MSME thru CGTSME Trust.
3. Fund of Fund to be created of Rs 50,000 crores and will be infused as equity to standard MSME will help them to expand their capacities.
4. Definition of MSME changed. Investment Limit which defines a SME is changed. Now Turnover criteria are also introduced. Different between manufacturing and service SME is removed. Micro Units- Investment limit increased to Rs 1 Crore from Rs 20 Lakh. And Turnover can be upto Rs 5 Crores Other changes are also done. For Small Enterprise the Investment limit increased to 10 Crores and turnover 50 Crores. For Medium Enterprise Investment limit increased to 20 Crores and turnover 100 Crores.
5. Tenders upto 200 Crores relating to Govt procurement will not be Global Tenders any more. MSME will get big benefit out of it.
6. All Central Govt outstanding will be cleared within 45 Days by Govt Help of all MSME.
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We all like to be our own boss, and many of us venture into starting our own business. You have probably figured out what kind of company you need to set up… Private Limited / OPC/ Partnership/ LLP… there are quite a few options. And if you still haven’t then there are a bunch of articles on the net that will help you. Hence we are not getting into that, but focussing on what next after the curtain raiser… the common compliance goof ups you learn the heard way.
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Back in 2009, Government of India formed Common Service Centers (CSCs) to deliver essential public utility services and government welfare schemes. Prior to this, eMitras in Rajasthan and MPOnline in Madhya Pradesh were started for similar objectives. Thus, over the years various service centers have flourished under central and state governments. Many private players entered the domain, such as Vayamtech under the name of Jan Seva Kendras in Uttar Pradesh and many more. Most of these centers have focused on providing various Government services and schemes.
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The world is facing unprecedented situation today with Covid-19, and India is among the worst affected countries. While the worst maybe over, things are far from getting normal. Unemployment rate is all time high, and many businesses have learnt to deal with lesser staff working from home. So the situation doesn’t seem to be improving any time soon.
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There are 2 EPF incentives schemes launched by the Government of India the former - The Pradhan Mantri Rojgar Protsahan Yojana(PMRPY) and recently announced incentive under the Pradhan Mantri Garib Kalyan Yojana (PMGKY). But are you still paying EPF and EPS for your employees?
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The world as we now has changed with Covid-19. Businesses have changed and many sectors are in troubled waters. The way we do business will change, and Popcorn Infotech is a family of 3000 members plus across India. It is our responsibility to support each and every channel partner. WE PLEDGE TO DO WHATEVER IT TAKES TO SUPPORT OUR COMPANY AND OUR TEAM.
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Out of over 120 Cr people in India, only around 4% people file their Income Tax returns. Then why should you even consider getting in the hassles of tax compliance, if you could survive till now, you could probably survive forever. However, here are some reasons why you should consider getting compliant.
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About Us

With over 5000 GST Suvidha Kendra Pan-India, Popcorn Infotech is India Biggest GST Suvidha Kendra Franchise Provider. Provide 200+ Services under 1 roof. Become Authorised UTI Pan Agents, Delhivery Courier Agents, ICICI Aadhar ATM Agents, IDFC First Bank FASTag Agent, BBPS Recharge and Bill Payment Agent, IRCTC Agent, Money Transfer Agents, Insurance and Loan Agents. Open your GST Suvidha Kendra Today.

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