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BYST in News
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How to Start a Business: A Startup Guide for Aspiring Entrepreneurs How to Start a Business- Have you ever thought about what it takes to turn your business idea into reality? This guide is here to assist you in achieving your dream of starting a business. The journey of starting a business is exhilarating, blending […]
Filing GST, business set up cost knowledge main challenges among rural entrepreneurs: Survey
The rural and semi-urban entrepreneurs face several challenges but inability to file and manage business taxes like GST and lack of awareness of business set up cost are key problems, finds a survey by Bhartiya Yuva Shkati Trust (BYST).The BYST conducted a study across 20 cities in 12 states among rural and semi-urban entrepreneurs and concluded that the top challenges identified include navigating the complexities of managing and filing business taxes (43 per cent), lack of awareness regarding the associated costs, time requirements, and minimum capital investment (43 per cent), and a significant knowledge gap on Goods and Services Tax (GST) intricacies (28 per cent).