How to register with SSI and what are the benefits of being an SSI registered company - IICS IndiaA Story by TaxHomeThe SSI stands for small scale industries. The main purpose of SSI registration is to maintain the statistics, incentives and support services that are provided by the government. It primarily deals wIn today's article, you will read about the SSI registration and its benefits. This article will make you clear about the topic and helps to understand better about the SSI registration. The leading provider of SSI registration in Delhi is here to help you to register with SSI and solve your business issues. This article mainly looks at the subsidy provided by the Indian government to promote SSI.
The SSI stands for small scale industries. The main purpose of SSI registration is to maintain the statistics, incentives and support services that are provided by the government. It primarily deals with the manufacturer and preservation of the goods. The Small scale industries have earned the status of tiny enterprises that have invested more than lakhs in plant and machinery. They have many investments in fixed assets like building and land. It makes the business eligible for a range of benefits and subsidies administrated by the MSMED act. You can opt for online registration of SSI and being an SSI registered company and get subsidies and many benefits that are provided by the government.
Now, I have some major benefits of being an SSI registered company that helps the SSI company to develop and grow.
· Employment generation
The small scale industries help to create a massive employment and generate huge number of employment opportunities. The employment problem is solved by the small scale industries because it offers a great labor intensive. It becomes the powerful tool for the employees of job creation. It offers a phenomenal growth of the employment generation.
· Mobilization of the resources and entrepreneurial skills
It can mobilize the good amount of savings and entrepreneurial skills from rural areas that remain untouched and unaware from the clutches and development of the large scale industries. It also helps to improve the social welfare of the country and have a huge amount of dominant resources that are mobilized by the small scale industries. It also helps to make rural areas a highly developed centers.
· Equitable distribution of income.
The small enterprises galvanize the redistribution of wealth and income of the society that are economically strong and have not any political disrupted issues. It ensures the equitable distribution of income and wealth in the society so that the society is being developed and have no employment problem.
· Better industrial relations.
The small scale industries develop a better business relations between the employees and the employer that helps to enhance the efficiency of the employees and reducing the frequency of the industrial disputes.
So, these are the benefits of SSI. Being an SSI registered company and get these benefits from the government. One of the best service providers of the One Person Company registration in Delhi is Tax Home that helps you for being an SSI registered company and get many benefits. Please feel free to approach Tax Home and get the best solutions of your small scale business issues.
About the Author
The author of the article has an extensive experience in the field of SSI registration in Delhi and One Person Company registration in Delhi.
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Added on August 11, 2017 Last Updated on August 11, 2017 Tags: msme registration in delhi, fssai registration in delhi Author
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