Clipped from: https://economictimes.indiatimes.com/small-biz/legal/pandemic-provides-unique-opportunity-to-expand-business-by-acquiring-distressed-assets/articleshow/77282627.cmsSynopsis In this ‘new normal’, deal making in distressed assets is a beacon of hope for the sluggish economy to create synergies and economies
Month: September 2020
GST laws review: Focus on decriminalising offences and wider use of compounding provisions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-laws-review-focus-on-decriminalising-offences-and-wider-use-of-compounding-provisions/articleshow/77975863.cmsSynopsis The government is evaluating removal of clauses in the law that provide officers powers to arrest taxpayers suspected of evasion. New Delhi: The
Number of women bank borrowers treble in six years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/number-of-women-bank-borrowers-treble-in-six-years/articleshow/78017601.cmsSynopsis Besides loans for agriculture, these loans are essentially for small businesses, kirana stores, food stall, catering, self employment or even home and vehicle
Banks sanction Rs 1.63 lakh crore to 42 lakh MSMEs under credit guarantee scheme – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/banks-sanction-rs-1-63-lakh-crore-to-42-lakh-msmes-under-credit-guarantee-scheme/articleshow/78088593.cmsSynopsis On the disbursement front, however, over Rs 1.18 lakh crore doled out to 25 lakh MSME units, till September 10, which were hit
MSME Ministry: Government asks private sector to clear payments due to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msme-ministry-asks-corporates-to-clear-dues-of-small-units-on-priority/articleshow/78103313.cmsSynopsis The ministry has also asked corporates to ensure that they are filing half-yearly returns as mandated by the Ministry of corporate affairs on
Villgro: Villgro announces upto Rs 10 crore funding through iPitch – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/villgro-announces-upto-rs-10-crores-funding-through-ipitch/articleshow/78105923.cmsSynopsis This year, iPitch is keen to fund women entrepreneurs. The selected enterprises will receive seed funding of upto Rs 2 crore, in the
RBI’s move to boost gold loans will help stressed SMEs and individuals. But risk management is key – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/rbis-move-to-boost-gold-loans-will-help-stressed-smes-and-individuals-but-risk-management-is-key/primearticleshow/77861445.cms Banking ✖ Getty ImagesLabourers pull agoods laden hand-cart past a branch of India’s second largest gold loan firm, Manappuram Finance, in Mumbai. SynopsisThe
Amazon: Does your business need Amazon and Flipkart to sell online? For many, it cuts both ways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/does-your-business-need-amazon-and-flipkart-to-sell-online-for-many-it-cuts-both-ways/articleshow/77902991.cms SynopsisCovid-19 has fuelled the adoption of e-commerce among small businesses. However, the gains of selling on an ecommerce portal may be limited because
View: States should get the GST revenue that Jaitley had promised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-states-should-get-gst-revenue-that-jaitley-promised/articleshow/77957737.cmsSynopsis Finance minister Nirmala Sitharaman has offered a one-sided deal that the states have rejected furiously with accusations of betrayal. She should return to
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