https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-illustrations.html Clipped from: https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-illustrations.html Section 43B(h) of the Income Tax Act, 1961 is a new provision that was introduced by the Finance Act 2023 to ensure timely payments
Category: MSME-Startup
Demystifying Section 43B(h) of the Income Tax Act, 1961
https://taxguru.in/income-tax/demystifying-section-43b-h-income-tax-act-1961.html Clipped from: https://taxguru.in/income-tax/demystifying-section-43b-h-income-tax-act-1961.html In the ever-evolving landscape of taxation, staying abreast of amendments and additions to existing provisions is crucial for businesses. One such recent
MSMEs making excellent products, can compete with private players, says DoT Secretary – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/msmes-making-excellent-products-can-compete-with-private-players-says-dot-secretary/article67789689.ece Clipped from: https://www.thehindubusinessline.com/info-tech/msmes-making-excellent-products-can-compete-with-private-players-says-dot-secretary/article67789689.ece Govt seeks input from MSMEs to improve the PLI scheme for telecom components Medium and small enterprises (MSMEs) are building some “excellent”
E-invoice Compliance under GST: Changes and Implementation
https://taxguru.in/goods-and-service-tax/e-invoice-compliance-gst-changes-implementation.html Clipped from: https://taxguru.in/goods-and-service-tax/e-invoice-compliance-gst-changes-implementation.html Introduction: Discover the recent changes in e-invoice compliance under GST with the Central Board of Indirect Taxes reducing the turnover limit to Rs.5.00
Amendment in Section 43B: Impact on MSME Payments and Tax Liability
https://taxguru.in/income-tax/section-43b-amendment-msme-payments-tax-liability.html Clipped from: https://taxguru.in/income-tax/section-43b-amendment-msme-payments-tax-liability.html Introduction: Section 43B of the Income Tax Act, 1961, underwent a significant amendment through the Budget 2023, introducing Clause(h). This clause focuses on
Section 43B(h): Time Limits and Eligibility Criteria
https://taxguru.in/income-tax/section-43bh-time-limits-eligibility-criteria.html Clipped from: https://taxguru.in/income-tax/section-43bh-time-limits-eligibility-criteria.html In the budget of AY2024-25, a new section was introduced in order to improve the payment cycle of Micro and Small Enterprises.
Repercussions of Delayed Payment to Micro and Small Enterprises- FAQs
https://taxguru.in/income-tax/repercussions-delayed-payment-micro-small-enterprises-faqs.html Clipped from: https://taxguru.in/income-tax/repercussions-delayed-payment-micro-small-enterprises-faqs.html Repercussions of Delayed Payment To Micro And Small Enterprises- FAQs Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 contains provisions to
Budget should focus on SME needs
https://www.thehindubusinessline.com/opinion/budget-should-focus-on-sme-needs/article67786252.ece Clipped from: https://www.thehindubusinessline.com/opinion/budget-should-focus-on-sme-needs/article67786252.ece Conduct of business through a combination of online as well as physical presence is now increasingly becoming the norm. A well-thought-out regulatory
For women, it’s a long walk to financial inclusion
https://www.business-standard.com/opinion/columns/for-women-it-s-a-long-walk-to-financial-inclusion-124011400643_1.html Clipped from: https://www.business-standard.com/opinion/columns/for-women-it-s-a-long-walk-to-financial-inclusion-124011400643_1.html Designing financial services for women makes good business sense. Women have lower defaults, tend to save more and make timely repayments compared
Startups: DPIIT Recognition Process and Benefits
https://taxguru.in/corporate-law/startups-dpiit-recognition-process-benefits.html Clipped from: https://taxguru.in/corporate-law/startups-dpiit-recognition-process-benefits.html New businesses having scalable business model and innovation are being promoted by the government of India. One of the most lucrative offers
Demystifying Section 43B: MSME Payment Deductions & Union Budget 2023
https://taxguru.in/income-tax/demystifying-section-43b-msme-payment-deductions-union-budget-2023.html Clipped from: https://taxguru.in/income-tax/demystifying-section-43b-msme-payment-deductions-union-budget-2023.html Latest Important Amendment in Section 43B of Income Tax Act related to MSME (Small and Micro) vide insertion of Clause (h) to
Section 43B Amendment: MSME Dues Disallowance Post Budget, 2023
https://taxguru.in/chartered-accountant/section-43b-amendment-msme-dues-disallowance-post-budget-2023.html Clipped from: https://taxguru.in/chartered-accountant/section-43b-amendment-msme-dues-disallowance-post-budget-2023.html Amendment in Section 43B of Income Tax Act, 1961 (Certain expenses to be allowed on payment basis) by insertion of new clause
Study on MSME – A Game Changer
https://taxguru.in/income-tax/study-msme-game-changer.html Clipped from: https://taxguru.in/income-tax/study-msme-game-changer.html Introduction All Business Enterprises, whether commercial or non-commercial, commence their activities in a bootstrapped manner. Over the years, with their vision, persistent
MSME Payments under Section 43B(h): Deductions on Actual Payment
Read more at: https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.html Clipped from: https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.html Payment to MSME in Section 43B(h) Income Tax Certain deductions to be only on actual payment Introduction: The
MSME Udyam Registration Process and Benefits
https://taxguru.in/chartered-accountant/msme-udyam-registration-process-benefits.html Clipped from: https://taxguru.in/chartered-accountant/msme-udyam-registration-process-benefits.html Introduction: Fueling the Indian economy, MSMEs stand as its bedrock. With a democratic ethos and widespread economic participation, the Indian government prioritizes their
Indian women: Climbing the U curve – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/indian-women-climbing-the-u-curve/article67741205.ece Clipped from: https://www.thehindubusinessline.com/opinion/indian-women-climbing-the-u-curve/article67741205.ece Women’s participation rate in labour has risen, thanks to improvements in convenience and safety of working, and changes in social norms and
There must be ease of winding up business, too – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/there-must-be-ease-of-winding-up-business-too/article67740406.ece Clipped from: https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/there-must-be-ease-of-winding-up-business-too/article67740406.ece Why a business that wants to down shutters must be offered the right kind of support The World Bank regularly publishes an