If you’re planning to avail a small business loan, then you must be sure about its impact on your next year’s taxes. Let’s clearly understand that business loans are tax-deductible! The effect of small business loans does not change your taxable income. It stays the same fundamentally. As per the Income Tax Act 1961, adding money
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To be successful in your business venture, it is extremely important to manage your fixed and working capital. So this makes the need to source finances even more. Business Loans greatly aid the need for urgent finances and pump synergies into the business venture. Business loans can also help your expansion plans. This is not only