Can an Indian citizen start a business in the US? Yes, but business ownership and permission to work are separate issues. This guide explains LLC registration, EIN requirements, taxes, immigration limits and why Indian nationals should check visa rules before operating a U.S. business. An Indian citizen can start or own a business in the United States, including while living in India. But ownership and permission t

Legacy Texas chocolatier begins winding down operations A historic Texas confectionery business, Lammes Candies, is closing its operations after more than a century in business, citing mounting economic pressures and changing market conditions. The Austin-based company confirmed it will begin an orderly wind-down process after evaluating long-term sustainability challenges affecting the retail and confectionery sectors in the United States. Store closures confirmed across Austin and nearby cities The company has already shut down its Round Rock location as of Thursday, April 24, though the year was not specified. Additional closures include stores in Hillside and Lakeline Mall. Its flagship store in Austin will remain open temporarily, but no official closing date has been announced, leaving customers uncertain about final operations. Economic pressures and market shifts drive decision Lammes Candies stated that “unprecedented economic pressures and current market conditions” led to the decision. The company emphasized that it had carefully assessed shifts in consumer behavior, rising operational costs, and broader challenges facing family-owned retail businesses before deciding to cease operations. A family legacy spanning generations Founded in 1878 by William Wirt Lamme as the Red Front Candy Factory in Austin, the business officially became Lammes Candies on Thursday, July 10, 1885. After a temporary loss of the company due to a gambling debt, founder David Turner Lamme Sr. reclaimed it, establishing a legacy that continued for five generations. The company became known for handcrafted sweets, including its signature Texas Chewie Pecan Praline introduced in 1892. Final operations and transition for employees The company said it will fulfill remaining orders while supporting employees during the transition period. Ownership described the decision as difficult, highlighting the brand’s deep connection to the local community and its long-standing customer base. Since 2004, the business has been operated by fifth-generation family members, marking the end of a significant chapter in Texas retail history.

Green card holders will no longer be eligible for government-backed small business loans in the United States beginning March 1, 2026, following a policy change by the US Small Business Administration that tightens citizenship and residency requirements for borrowers. The revised rules limit access to key SBA lending programs exclusively to US citizens and nationals who maintain their principal residence within the country or its territories, effectively barring lawful permanent residents from participation. According to an official policy notice issued in early February, the agency updated its Standard Operating Procedure 50 10 8, the framework that governs lender and development company loan programs. The revision rescinds earlier procedural guidance that permitted limited ownership by foreign nationals or certain residents living outside the United States. Under the new language, every direct and indirect owner of a small business applicant must meet the citizenship criteria. The SBA said the updated rules require 100 percent of ownership interests in any applicant or borrowing entity to be held by eligible US citizens or nationals. As a result, even minority ownership by a legal permanent resident will disqualify a company from receiving SBA-backed financing. The policy applies broadly to applicants, operating companies, and entities tied to the loan structure, leaving little flexibility for mixed-ownership businesses. The change is expected to affect a wide range of small and early-stage firms that rely on SBA loans for working capital, equipment purchases, and expansion. Many startups and family-owned enterprises depend on these lending programs because they offer lower interest rates and government guarantees that make financing more accessible. With the new restrictions in place, businesses that include green card holders among their owners may need to reconsider ownership arrangements or seek alternative sources of credit from private lenders. Agency officials indicated that the revisions align loan eligibility standards with existing federal regulations and a recent executive directive emphasizing stricter residency compliance. The policy will take effect for all new applications submitted on or after the effective date. Existing and prospective borrowers are being advised to review their ownership structures carefully to ensure continued eligibility under the updated requirements. The move marks a significant shift in how federal small business lending programs define qualification, narrowing access to public funds and reshaping the financing landscape for immigrant entrepreneurs. As the implementation date approaches, legal and financial advisers expect increased demand for guidance from affected business owners who must evaluate their options within the new framework.

In Rowlett, Texas, a small catering business owner says her livelihood was nearly brought to a halt when a phone service switch went terribly wrong. Nikki Jackson, who has operated her catering company from the same location for 21 years, says the steady ring of her business phone — a sound that once meant constant orders — has been silent for almost a month. She claims it all started when she tried to move her phone service to AT&T after being

In today’s fast-paced world, technology is no longer limited to those with coding skills. AI-powered no-code tools have opened new doors, especially for Indians living in the USA who want to simplify tasks, boost productivity, or even explore side businesses. These tools are making it easier than ever to automate workflows, build websites, manage finances, and enhance creativity — all without writing a single line of code. Whether you're a homemaker, student, entrepreneur, or

The Prime Minister’s Office (PMO) has approved a significant overhaul of India’s Goods and Services Tax (GST) system, paving the way for major reforms to simplify the tax structure. The proposal is set to be discussed in the upcoming GST Council meeting in August. The finance ministry has already initiated discussions on the changes, which are expected to streamline the GST system and ease compliance for businesses and consumers alike.

A recent survey conducted by the National Federation of Independent Business (NFIB) reveals that filling job openings remains a significant challenge for small business owners across the United States. According to the June survey, 36% of small businesses still have unfilled job positions, a 2% increase from May. Additionally, 86% of small business owners report receiving few or no qualified applicants for the roles they need to fill.

 Maryland’s latest budget cycle has ended, but its financial aftershocks are just beginning to ripple through the state's residents and businesses. One of the most significant changes coming into effect is a new 3% tax on information technology and data services, a move intended to help fill a substantial budget deficit left behind by mounting fiscal obligations. Set to begin in July, this new levy is expected to have wide-ranging impacts on both service providers a