Frequently asked questions
Answers to common questions on Udyam registration, GST filing, CGTMSE, MUDRA, PMEGP, Startup India, and hiring a consultant in India. StartupStambh Private Limited.
What is Udyam registration and do I need it?
Udyam is the official MSME registration in India. It can unlock priority sector benefits, easier access to certain schemes, and clearer classification for lenders. Whether you need it depends on your turnover, investment in plant and machinery, and how you plan to borrow or apply for subsidies.
How is GST registration different from GST return filing?
Registration gives you a GSTIN so you can issue tax invoices and claim input tax credit where applicable. Filing is the periodic return (monthly or quarterly) that reports supplies and tax. Both must match your actual business activity and invoices.
What is CGTMSE and does it give a direct loan?
CGTMSE provides a credit guarantee to banks and eligible institutions so they can lend to MSMEs with reduced collateral burden in eligible cases. The loan is from the bank; CGTMSE supports the lender under notified rules. Sanction is always decided by the lender.
What are MUDRA (PMMY) loan stages?
PMMY is structured in stages (commonly referred to as Shishu, Kishor, and Tarun) for different ticket sizes. The right stage depends on your need, repayment capacity, and the lending partner. Exact limits follow current RBI and scheme circulars.
What is Startup India / DPIIT recognition?
DPIIT recognition under Startup India is for eligible startups that meet innovation and other criteria notified by the government. It can help with credibility and access to certain benefits subject to rules. It is not a substitute for company law or tax compliance.
Can a consultant guarantee loan or scheme approval?
No responsible consultant should guarantee sanction. Banks and agencies evaluate risk, documents, and policy. A good advisor improves completeness, fit, and presentation so your application can be assessed fairly.
How do I choose between PMEGP and a regular term loan?
PMEGP is a subsidy-linked route for eligible new projects through defined agencies and banks. A regular term loan may be simpler if you do not meet PMEGP criteria or timelines. The right path depends on activity, location, project cost, and subsidy rules in force.
Do you work across India remotely?
Yes. Most registrations, filings, and scheme preparation can be coordinated online. Certain steps may still need your physical presence at a bank, agency, or for notarisation depending on the case.
Still have questions? Contact us or browse services and schemes.