https://www.financialexpress.com/business/sme/over-35000-msmes-shut-so-far-post-covid-maharashtra-tn-gujarat-see-highest-closures/3391309 Clipped from: https://www.financialexpress.com/business/sme/over-35000-msmes-shut-so-far-post-covid-maharashtra-tn-gujarat-see-highest-closures/3391309/ The closures since July 2020 were 0.09 per cent of 3.70 crore units registered on the Udyam portal, as of February 12,
Category: MSME-Startup
[Opinion] An Overview of Issues Relating to Payments to MSMEs vis a vis Deduction u/s 43B of the Income-tax Act
Clipped from: https://www.taxmann.com/post/blog/opinion-an-overview-of-issues-relating-to-payments-to-msmes-vis-a-vis-deduction-u-s-43b-of-the-income-tax-act/ Latest from Taxmann CA V K Subramani – [2024] 158 taxmann.com 509 (Article) With the time limit for filing the ITRs of the assessment
BioAsia2024 teams up with Centre to support MSMEs – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/bioasia2024-teams-up-with-centre-to-support-msmes/article67834919.ece Clipped from: https://www.thehindubusinessline.com/news/bioasia2024-teams-up-with-centre-to-support-msmes/article67834919.ece Ministry of MSME’s collaboration with BioAsia, is in line with the Government’s vision, to promote the growth and development of small and medium-sized
A question of quitting – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/a-question-of-quitting/article67835434.ece Clipped from: https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/a-question-of-quitting/article67835434.ece When is the best time for a business founder to walk away from the venture? Recently Scott Galloway, a professor of marketing
Section 43B(h): Impact on Expenses under Income Tax Act & MSME Regulations
https://taxguru.in/income-tax/section-43bh-impact-expenses-income-tax-act-msme-regulations.html Clipped from: https://taxguru.in/income-tax/section-43bh-impact-expenses-income-tax-act-msme-regulations.html Introduction: Delve into the transformative nuances brought about by Section 43B(h) of the Income Tax Act, effective from April 1, 2023. This section,
How to Check MSME Registration by PAN number
https://taxguru.in/income-tax/check-msme-registration-pan-number.html Clipped from: https://taxguru.in/income-tax/check-msme-registration-pan-number.html Introduction: Navigating the intricacies of MSME registration is pivotal for businesses, especially in complying with Section 43B(h) of the MSMED Act. This article
Implications of amendment in Section 43B to taxpayers and SMEs
https://taxguru.in/income-tax/implications-amendment-section-43b-taxpayers-smes.html Clipped from: https://taxguru.in/income-tax/implications-amendment-section-43b-taxpayers-smes.html Introduction: Explore the implications of the recent amendment in Section 43B of the Income Tax Act, focusing on deductions tied to payments made
Complete Analysis of Section 43B(h) of Income Tax Act w.r.t. MSME Payment
https://taxguru.in/income-tax/complete-analysis-section-43b-h-income-tax-act-w-r-t-msme-payment.html Clipped from: https://taxguru.in/income-tax/complete-analysis-section-43b-h-income-tax-act-w-r-t-msme-payment.html Introduction: Explore the nuances of Section 43B(h) of the Income Tax Act, which delineates the tax implications of payments to Micro and Small
All about Section 43B(h) of income tax act 1961 with illustrations
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
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
