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BUSINESS AND SELF-EMPLOYED

Self-employment is earning income without being employed and paid by someone else. Self-employed persons may be involved in a variety of occupations but generally are highly skilled at a particular kind of work. Writers, tradespeople, freelancers, traders/investors, lawyers, salespeople, and insurance agents all may be self-employed. Self-employment isn’t like being a traditional worker because self-employed individuals aren’t tied to an employer. Being self-employed gives people flexibility but comes with certain tax implications.

  • Applicants to seek approval of layouts for construction of shops and godowns in agricultural market areas. Submitted plans are scrutinized for compliance with prescribed norms. The approval process ensures planned infrastructure development, safety standards, and orderly expansion of market facilities.
  • Online facility to apply for allotment of sites, shops, and godowns on lease in agricultural market areas. Eligible applicants can submit requests digitally. The process ensures transparent allotment, optimal utilization of market infrastructure, and support for regulated agricultural trade activities.
  • This service enables applicants to apply for a licence to establish a spot market for agricultural products. Spot markets facilitate immediate buying and selling at prevailing prices. The licensing process ensures compliance with agricultural marketing regulations, transparency in transactions, and efficient price discovery mechanisms.
  • Applicants to seek approval for establishing Farmer–Consumer Markets in Karnataka. Such markets enable direct sale of produce from farmers to consumers. The application process ensures regulatory compliance, promotes fair pricing, reduces intermediaries, and strengthens farmer incomes through transparent and consumer-friendly market platforms.
  • Facilitates applications for warehouse licences for State or Central warehousing agencies handling agricultural products in Karnataka. The licensing process ensures adherence to prescribed storage standards, safety norms, and regulatory oversight, supporting structured warehousing infrastructure and efficient management of agricultural stocks.
  • Private warehouse owners and cooperative societies to apply for a warehouse licence for agricultural products. Licensed warehouses ensure safe storage, quality preservation, and regulatory compliance. The system supports transparent warehousing operations, improved supply chain efficiency, and protection of stored agricultural produce.
  • Applicants to seek prior permission for establishing a private market for agricultural products in Karnataka. The application ensures scrutiny of proposed facilities, compliance with statutory norms, and alignment with agricultural marketing policies, facilitating regulated expansion of private market infrastructure.
  • Online facility to apply for a licence to establish a private agricultural market in Karnataka. Applicants can submit infrastructure and operational details digitally. The licence ensures adherence to market regulations, promotes private sector participation, and supports development of competitive and efficient agricultural marketing systems.
  • Applicants to seek a licence for establishing a Direct Purchase Centre for agricultural products in Karnataka. The centre allows direct procurement from farmers, reducing intermediaries. The application process ensures regulatory compliance, transparent procurement practices, and improved price realization for farmers.
  • Facilitates applications for a Retail Trader Licence for agricultural products in Karnataka. Eligible retailers can apply online to legally engage in retail trading of regulated commodities. The licence ensures compliance with market regulations, consumer protection norms, and transparent retail operations in agricultural markets.
  • Licensed entities to apply for approval of changes in partnership related to agricultural product businesses. Applicants can submit revised partnership details online. The process ensures accurate record updates, legal compliance, and continuity of licensed operations under revised business arrangements within the regulated agricultural framework.
  • Eligible applicants to apply for a Trader Licence for agricultural products in Karnataka. Licensed traders are authorized to buy and sell commodities in regulated markets. The application process ensures compliance with statutory requirements, promotes orderly trade practices, and supports transparent and regulated agricultural marketing operations.
  • Enables individuals to apply for a Hamali Licence for agricultural products in Karnataka. Licensed hamalis are authorized to handle loading, unloading, and movement of agricultural produce in market yards. The process ensures proper registration, welfare oversight, and regulated engagement of labor, promoting safe and organized market operations.
  • Facilitates the grant of a Broker Licence for agricultural products in Karnataka. Brokers act as intermediaries in regulated market transactions. The online application ensures eligibility verification, regulatory compliance, and transparency in market operations, contributing to fair trading practices and orderly functioning of agricultural markets across the state.
  • Applicants to apply for a Crusher Licence for agricultural products in Karnataka. Licensed crushers are permitted to process agricultural commodities such as oilseeds under regulated conditions. The application process ensures compliance with statutory requirements, quality standards, and operational norms, supporting transparent processing activities and safeguarding stakeholder interests.
  • Online facility to apply for a Ginner Licence for agricultural products, particularly cotton, in Karnataka. Applicants can submit required documents digitally to obtain authorization for ginning operations. The licence ensures adherence to prescribed standards, quality control, and lawful functioning of ginning units within the regulated agricultural marketing framework.
  • This online service facilitates applications for a Processor Licence for agricultural products in Karnataka. Applicants engaged in processing agricultural produce can apply by submitting necessary details digitally. The licence ensures lawful operation, compliance with processing standards, and proper oversight by authorities, thereby supporting value addition, quality assurance, and structured development of agro-processing activities.
  • Eligible individuals, firms, and organisations in Karnataka to apply online for the grant of a Processor Licence for agricultural products through the Seva Sindhu portal. The licence is mandatory for undertaking processing activities in compliance with applicable agricultural and marketing regulations. Applicants can submit required details, upload prescribed documents, track application status, and receive approvals transparently, ensuring regulatory compliance and streamlined service delivery.
  • Obtain a Presser Licence for agricultural products in Karnataka. Licensed pressers are permitted to compress and process agricultural commodities as per prescribed standards. The application process ensures adherence to safety, quality, and regulatory norms, supporting efficient post-harvest handling while maintaining transparency and accountability in regulated agricultural market activities.
  • Applicants can seek an Exporter Licence for agricultural products in Karnataka. The licence authorizes participation in export activities involving regulated commodities. The system ensures compliance with agricultural marketing laws, documentation requirements, and quality norms, promoting structured export operations and enhancing market access for agricultural produce at national and international levels.

  • by Reeba Zachariah
    Global regulatory complexity is now a central corporate strategy for Indian companies, impacting costs, market access, and competitiveness. Companies are embedding compliance into core business planning, moving from a 'wait and see' to a 'preventive vigilance' model. This shift is driven by increasing scrutiny, mandatory reporting, and the risk of severe penalties, making regulatory navigation […]
  • Bangladesh secured a 19% reciprocal tariff from the US, with some exemptions for textiles using American materials. While Indian exporters are watching closely, they remain unconcerned. The slight tariff difference and limited use of US cotton are unlikely to significantly impact Indian garment competitiveness, especially as buyers seek diversification.
  • The Dadachanji Group has launched KAIRISH Innotech, venturing into custom-built machines, medical devices, and automation for pharma and healthcare. This new entity aims to be a one-stop engineering partner, offering comprehensive solutions from machinery design to sterilization. The move signifies a significant expansion into advanced technological offerings for various industries.
  • US Trade Representative Jamieson Greer stated that the India-US deal will be significant for years to come, positioning India as a potential alternative to China for American companies seeking to diversify production. Greer highlighted India's growing role as a trusted partner in global supply chains and its increasing imports of US oil.
  • The government is divesting approximately 5.3% of its stake in Bhel through an Offer for Sale (OFS), aiming to raise around Rs 4,650 crore. The OFS, with a floor price of Rs 254 per share, will be open for institutional investors on Wednesday and retail investors and employees on Thursday.
  • Edelweiss Financial Services announced that The Carlyle Group will become the strategic majority investor in its housing finance subsidiary, Nido Home Finance. Carlyle-affiliated funds are committing Rs 2,100 crore, including a Rs 1,500 crore primary equity infusion, to strengthen Nido's capital and governance for affordable housing expansion.
  • by Reeba Zachariah and G Balachandar
    Tata Motors and Stellantis are exploring new manufacturing, engineering, and supply chain collaborations, building on their existing two-decade joint venture. This partnership aims to leverage synergies and navigate evolving automotive megatrends like powertrain shifts and software-defined vehicles. The move signifies a strategic step for both global players in India's growing mobility sector.
  • by Mayur Shetty
    India's health insurance sector is experiencing its strongest performance post-pandemic, with the incurred claims ratio dropping to a five-year low of 86.9% in FY25. While overall profitability improved, the group health segment, dominated by public sector insurers, continues to face significant underwriting losses, with claims exceeding premiums.
  • Gold and silver ETFs saw record inflows last month, surpassing equity funds for the first time. This surge, driven by unprecedented price rallies in precious metals, highlights investor behavior focused on recent performance. Despite a late-month dip, the trend underscores a significant shift in investment preferences.
  • The Tobacco Board has urged the Finance Minister to reconsider the significant excise duty hike on cigarettes, warning of severe repercussions. This increase, leading to a 60% price jump, risks fueling illicit trade, impacting millions of farmers and workers, and potentially collapsing market prices for tobacco growers.
  • by TOI Business Desk
    Over Rs 72,000 crore in unclaimed bank deposits, untouched for a decade, have been transferred to the RBI's Depositor Education and Awareness Fund. Public sector banks hold the largest portion. The government has launched UDGAM to help people trace their money and introduced measures to prevent further accumulation, aiming to boost financial literacy.
  • by Swati Bharadwaj
    Aarvee Engineering Consultants has secured SEBI's nod for its IPO, aiming to raise Rs 202.5 crore via fresh issue and Rs 67.5 lakh shares through an offer for sale. Proceeds will fund debt repayment, bolster Indian and overseas subsidiaries for tech development, and general corporate needs. The infrastructure consultancy boasts a strong project portfolio.
  • by TOI Business Desk
    India will prioritize competitive pricing and suitable quality for crude oil imports, while carefully navigating geopolitical landscapes and avoiding sanctioned sources. Discussions also centered on the India-US interim trade agreement and the proposed India-EU Free Trade Agreement, with officials highlighting progress and upcoming developments.
  • by Chidanand Rajghatta
  • by Swati Bharadwaj
    Dr Bruce Levine of the University of Pennsylvania will receive the Genome Valley Excellence Award 2026 at BioAsia for his groundbreaking work in cell and gene therapy, particularly CAR T-cell treatments for cancer. His innovations have significantly advanced personalized medicine and cancer immunotherapy, setting new benchmarks for translational research and global healthcare.
  • by Swati Bharadwaj
    Chinese giant Hisense has launched its first Indian manufacturing facility in Andhra Pradesh, a significant step in its 'Make in India' localization strategy. The over $30 million plant, set up by Epack Durable, will initially produce 7.5 lakh room air conditioners annually.
  • by TOI Business Desk
    Goldman Sachs has boosted India's economic growth forecast for 2026 to 6.9% and reduced its current account deficit estimate to 0.8% of GDP. This positive revision follows the India-US trade deal, which lowers US tariffs on Indian exports. The brokerage also noted the Indian Rupee's recent strength, though further appreciation is unlikely, and expects interest […]
  • by TOI Business Desk
    The India-US trade framework was being seen as an important breakthrough that could improve access to America’s $118 billion textile and apparel import market. The US is already India’s largest destination for textile exports.
  • by TOI Business Desk
    IndiGo assures stable operations as DGCA's temporary pilot duty norm relaxations end. Following significant flight disruptions and cancellations in early December, the airline faced regulatory scrutiny. The DGCA had granted exemptions until February 10 to aid stabilization, but pilot bodies emphasize safety over fatigue concerns.
  • by TOI Business Desk
    India needs a massive $14.23 trillion investment in its power sector by 2070 for a net-zero future, with renewables dominating generation. Electricity's role in consumption will surge, requiring a 14-fold increase in installed capacity. Decarbonizing transport and securing critical mineral supplies are also vital for achieving climate goals.
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