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
Author: Anil R Tikotekar
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
PLI: A stitch in time? Why the Govt needs to iron out the issues in PLI scheme for textiles – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-stitch-in-time-why-the-govt-needs-to-iron-out-the-issues-in-pli-scheme-for-textiles/articleshow/82474956.cmsSynopsis Textile sector has been identified as thrust the sector amongst the selected 13 sectors for which the Production Linked Incentive scheme (PLI) scheme
Unboxing key GST developments during the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/covid-2-0-unboxing-key-gst-developments-during-the-pandemic/articleshow/82475660.cmsSynopsis Currently, the GST law seems to be evolving more through notifications and circulars and is still far from settling down. It’s been over
A bit too socially restrictive, SEBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-bit-too-socially-restrictive-sebi/articleshow/82464311.cmsSynopsis The classification of eligible activities should be flexible, within limits. And, indeed, these should target underprivileged groups. However, there is no reason to
Delhi High Court stays show cause notice by I-T dept under faceless assessment regime – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/hc-stays-show-cause-by-i-t-under-faceless-assessment-regime/articleshow/82465756.cmsSynopsis The Delhi High Court said the submission that there was a breach of principles of natural justice appears to be prima facie correct.
Auto sales: It’s May-hem in auto, sales may fall 70-80% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/its-may-hem-in-auto-sales-may-fall-70-80/articleshow/82471748.cms Synopsis–Vinkesh Gulati, president for Federation of Automotive Dealers Association, says customer walk-ins and bookings are negligible, which is not a good sign for
On-tap liquidity facility: RBI asks banks to on-lend to healthcare cos in 30 days of availing credit – The Financial Express
Clipped from: https://www.financialexpress.com/economy/on-tap-liquidity-facility-rbi-asks-banks-to-on-lend-to-healthcare-cos-in-30-days-of-availing-credit/2247863/ However, the banks will have to ensure that the amount borrowed from the RBI should at all times be backed by lending to
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