Clipped from: https://www.financialexpress.com/industry/sme/why-msmes-are-still-looking-for-more-government-support/2223993/ Ease of Doing Business for MSMEs: As the new fiscal begins, MSMEs share their asks from the government to help them get their
Month: April 2021
Cabinet approves Rs 10,900 crore PLI scheme for food processing industry–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-approves-rs-10900-crore-pli-scheme-for-food-processing-industry/story/435351.html The PLI scheme will incentivise manufacturing of four major food product segments — ready to cook/eat foods, processed fruits and vegetables, marine products
Emergency credit line guarantee scheme extended till June 30–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/emergency-credit-line-guarantee-scheme-extended-till-june-30/story/435370.html ECLGS 3.0, which will cover the newly added service sectors, will involve extension of credit of up to 40 per cent of total
Piramal Pharma acquires peptide drug maker Hemmo for Rs 775 crore–business today
lipped from: https://www.businesstoday.in/current/corporate/piramal-pharma-acquires-peptide-drug-maker-hemmo-for-rs-775-crore/story/435362.html Hemmo is one of the few pure-play synthetic peptide API manufacturers in the global marketplace. It has R&D capabilities and a world-class GMP
Govt extends current foreign trade policy till Sept 30–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/govt-extends-current-foreign-trade-policy-till-sept-30/story/435360.html The government had extended the Foreign Trade Policy 2015-20 for a year till March 31, 2021 on March 31, 2020 amid the coronavirus
Cabinet approves Rs 10,900 crore PLI scheme for food processing industry–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-approves-rs-10900-crore-pli-scheme-for-food-processing-industry/story/435351.html The PLI scheme will incentivise manufacturing of four major food product segments — ready to cook/eat foods, processed fruits and vegetables, marine products
Not disclosed interest on FD, bank savings? Be ready for Income Tax Dept notice–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/not-disclosed-interest-on-fd-bank-savings-be-ready-for-income-tax-dept-notice/story/435258.html There could be multiple reasons for taxpayers receiving the I-T notice. The prominent ones being non-reporting of FD interest and savings bank account
A billion for every chip-maker who ‘makes in India’ – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/a-billion-for-every-chip-maker-who-makes-in-india/article34207041.ece How to disburse the cash incentives has yet to be decided and the government has asked the industry for feedback, said a second
Govt defers labour codes implementation – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/govt-defers-labour-codes-implementation/article34206220.ece Employees’ take home pay, companies’ PF liability to remain same for now The four labour codes will not come into effect from April
SC’s order on women in army one more step towards equal treatment | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/scs-order-on-women-in-army-one-more-step-towards-equal-treatment-968493.htmlSupreme Court. Credit: PTI file photo. The Supreme Court’s latest directive on the grant of permanent commission in the armed forces to Short Service
The four serious problems with India’s bad bank plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-the-four-serious-problems-with-indias-bad-bank-plan/articleshow/81788240.cms Synopsis–One has to factor in the enormous gains that accrue from enabling bad loan-strapped banks to function smoothly. That said, when policymakers talk
RBI asked to ensure retail inflation remains at 4% till March 2026, says top official – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/govt-rbi-retain-2-6-inflation-target-for-5-years-ministry-official/articleshow/81781131.cmsSynopsis The earlier monetary policy framework, signed by Prime Minister Narendra Modi’s government with the Reserve Bank of India in 2015, had set up
New Income tax rules 2021: Tax on PF interest, reduction in time limit of ITR filing, other changes–economic times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-on-pf-interest-pan-aadhaar-non-linking-fine-other-money-rules-that-change-from-april-1/articleshow/81759692.cmsSynopsis With the start of the new financial year on April 1, various tax and money rules come into effect. Here is a look
Six digit HSN code in GST made mandatory from April 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/six-digit-hsn-code-in-gst-made-mandatory-from-april-1/articleshow/81780235.cmsSynopsis A taxpayer having turnover of upto Rs 5 crore in the preceding financial year is required to furnish 4 digits HSN code on
Non-repatriable investments will now be treated at par with domestic investments by resident Indians – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/non-repatriable-investments-will-now-be-treated-at-par-with-domestic-investments-by-resident-indians/articleshow/81774092.cmsSynopsis When an NRI invests in India, she has to mention in the KYC form whether the funds will be repatriable or not. As
aniltikotekar4sme.com 