Clipped from: https://sway.office.com/yGULU1EIkDT9gjhe?authoringPlay=true&publish 1. As on March 26, the outstanding bank loan to micro and small enterprises in the manufacturing sector is Rs 3.84 trillion. 2.
Day: May 9, 2021
How to dodge QR code scamsters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-dodge-qr-code-scamsters/article34516959.ece Victims are trapped due to lack of QR code know-how, social engineering tactics of fraudsters In the backdrop of the pandemic, online/digital payments
Why you should to be wary of credit card mis-selling – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/why-you-should-be-wary-of-credit-card-mis-selling/article34517970.ece Over 28,000 complaints were received with respect to credit card mis-selling in FY20 Following the financial turmoil from the pandemic, customer interest for
Finmin turns down India Inc’s plea for IGST exemption on imported Covid relief material – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/finmin-turns-down-india-incs-plea-for-igst-exemption-on-imported-covid-relief-material/article34512646.ece Only State Government’s authorised entity will get exemption and distribute freely Finance Ministry has turned down India Inc’s plea for IGST (Integrated Goods
RBI extends safety net; response proactive, loaded and well timed | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-extends-safety-net-response-proactive-loaded-and-well-timed-121050500565_1.html RBI meant strict business, with a focus on alleviating financing constraints for economic stakeholders at the grass root level bearing a disproportionate burden
What angel investors want when investing in start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/what-angel-investors-want-when-investing-in-start-ups/article34509123.ece Only a small percentage of start-ups are successful in raising funding from angels Not all start-ups need external capital, but most do. And
RBI to Banks–:Lend to healthcare space within 30 days of availing funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-banks-lend-to-healthcare-space-within-30-days-of-availing-funds/article34505796.ece The scheme will remain operational from May 7 this year till March 31, 2022 The Reserve Bank of India (RBI) on Friday said
Flipkart introduces a slew of initiatives to support sellers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-introduces-a-slew-of-initiatives-to-support-sellers/article34509028.ece Provides them financial, health and safety benefits E-commerce major Flipkart has extended various initiatives to lakhs of MSMEs, small scale sellers, artisans, weavers
Slashing of steel export rebate by China augurs well for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/slashing-of-steel-export-rebate-by-china-augurs-well-for-india/article34508853.ece Provides enough room for companies to raise prices as global rates pick up China’s withdrawal of export rebates of 13 per cent on
Corporates join hands to empower 1 million small merchants with financial, digital capabilities – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/snapbizz-samhita-cgfs-revive-alliance-and-nielson-to-empower-1-million-small-merchants-with-financial-digital-capabilities/article34510406.ece Pilot rollout to 50,000 merchants SnapBizz, a Ratan Tata backed retail digitization start-up, Samhita-CGF’s REVIVE Alliance, a blended finance facility restoring Covid-19-affected livelihoods
PLI scheme, basic customs duty: Only flickering benefits for solar power | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/will-pli-and-bcd-be-able-to-save-the-indian-solar-manufacturing-industry-121042800551_1.html A production-linked incentive scheme and possible basic customs duty will have a limited impact in encouraging domestic solar equipment manufacture In 2015, the
How India is leading by example with its faceless E-assessment system for income tax – The Financial Express
Clipped from: https://www.financialexpress.com/economy/how-india-is-leading-by-example-with-its-faceless-e-assessment-system-for-income-tax/2247824/ The most important aspect of new procedure is coverage of ‘Best judgement assessment’ in faceless Assessment Scheme. Over the last few years, the
How to make claim request if an insured person dies in hospital – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/health-insurance-how-to-make-claim-request-if-an-insured-person-dies-in-hospital/2247947/ An insurance claim becomes admissible if an insured person remains hospitalised for more than 24 hours after getting admitted or dies in hospital
This start-up brings some ‘difficult’ traditional vegetables back to kitchens – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/this-start-up-brings-some-difficult-traditional-vegetables-back-to-kitchens/article34501416.ece nGV Natural Industry is supplying two such vegetables – banana stem and tender jackfruit – in RTC format You would have tasted some
Several hospitals come under taxman’s probe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/several-hospitals-come-under-taxmans-probe/articleshow/82474009.cmsSynopsis It comes as the government has received several complaints that many hospitals have refused to accept payments in any other mode but cash.
Covid-19 crisis: SC orders release of prisoners to decongest jails | Deccan Herald
Clipped from: https://www.deccanherald.com/national/covid-19-crisis-sc-orders-release-of-prisoners-to-decongest-jails-983754.html It also directed the high-powered committees to consider the release of fresh prisoners Supreme Court of India. Credit: PTI File Photo The Supreme
SEBI notifies relaxed rules for listing start-ups – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/sebi-notifies-relaxed-rules-for-listing-start-ups/article34508771.ece The changes have been made to the framework for listing on the Innovators Growth Platform (IGP), according to two separate notifications issued on
Plea to simplify GST – The Hindu
Clipped from: https://www.thehindu.com/news/cities/Madurai/plea-to-simplify-gst/article34515605.ece Agrofood Chamber of Commerce and Industry has congratulated DMK leader M.K. Stalin for taking charge as Chief Minister. In a press release, its
CBIC allows import, export of goods without furnishing bonds to Customs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-allows-import-export-of-goods-without-furnishing-bonds-to-customs/articleshow/82479122.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis CBIC said importers and exporters will have to furnish an undertaking to the Customs authorities in lieu of the bonds till June 30.
MSMEs | Covid second wave: Shock, fear, helplessness: Covid’s second wave is an emotional and economic crisis for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/shock-fear-helplessness-covids-second-wave-is-an-emotional-and-economic-crisis-for-msmes/articleshow/82449332.cms Synopsis–It is not just the economic hardships; the second wave of Covid-19 has torn families. As MSMEs struggle to stay afloat, they confront
aniltikotekar4sme.com 