Digital adoption among micro, small and medium enterprises (MSME) is still a long way to go as only 5% out of the 2,700 MSMEs, surveyed by
Category: MSME-Startup
‘Uptick in credit demand from SMEs after note ban, GST’ – The Hindu BusinessLine
There has been a steady uptick in demand for credit from small and medium enterprises (SMEs) over the last 18 months following demonetisation and GST.
Syndicate Bank’s new platform to approve loans within 15 minutes – MONEY & BANKING – The Hindu BusinessLine
In a first for a public sector lender, Syndicate Bank plans to set up a platform for loan approval within 15 minutes. Top officials of
MSMEs, beware of the poisoned chalice – The Economic Times
If that increased working capital is unavailable to you, you have to shrink your volume of business or be faced with a liquidity squeeze, both
59 minutes loan: Speed up 59-minute loan sanction, government tells PSU banks – The Economic Times
Banks have also been advised to be proactive and reach out to those who do not come back, said another official. Highlights Since its formal
The big problem of micro and small enterprises | Business Standard Column
A few months ago, the NBFCs (non-banking finance companies) were the flavour the season. Now the MSMEs (micro, small and medium enterprises) are. Both, for
Big opportunity to fund small firms–Economic Times
The RBI has reportedly warned the government about the small loans given under the Pradhan Mantri Mudra Yojana to micro enterprises turning into a big
MUDRA loan: RBI cautions government over NPA spike in MUDRA loans – The Economic Times
The Reserve Bank of India (RBI) has raised a red-flag on the spike in non-performing assets (NPAs) under the government’s flagship scheme to support micro
GST exemption has brought cheers to MSMEs, but not everybody’s happy | Business Standard News
It makes business sense to avail of input tax credit, and forgo exemption benefits The latest round of relaxation in the registration threshold and composition scheme is
ank loan: How to write your business plan – The Economic Times
The crux of a lending decision hinges on the financial health of your business and your ability to service the loan. By Rishi Mehra A business
GST: Relief for SMEs welcome, but may shrink the tax base, break value chain – The Economic Times
By MS Mani The Goods and Services Tax (GST) Council in its 32nd meeting has provided major relief to Small and Medium Enterprises (SME’s) ,
GST Council meeting: Here is list of 5 key decisions taken by Modi govt – The Financial Express
GST Council meeting: In the 32nd Good and Services Tax (GST) council meeting on Thursday, Finance Minister Arun Jaitley announced various measures including a big boost to small
GST–Stay the course – The Hindu BusinessLine
The GST Council, by raising the threshold exemption rate for goods suppliers from ₹20 lakh to ₹40 lakh, has thrown a major line of relief
One too many routes to GST evasion – The Hindu BusinessLine
Recently, the Minister of State for Finance informed Parliament that the government has detected GST evasion to the extent of ₹38,896 crores in the period
छोटय़ा उद्योगांना सरकारचा मोठा दिलासा | Loksatta
निश्चलनीकरण आणि अप्रत्यक्ष कर अंमलबजावणीचा फटका बसलेल्या देशातील लघु उद्योगांना ऐन निवडणुकीच्या तोंडावर मोठा दिलासा देण्याचा प्रयत्न केंद्रातील राष्ट्रीय लोकशाही आघाडी सरकारने गुरुवारी केला. मात्र
SMEs: Boost for SMEs: Exemption limit for GST hiked to Rs 40 lakh from Rs 20 lakh – The Economic Times
In a “massive relief” to small businesses, the GST Council Thursday doubled the limit for exemption from payment of goods and services tax (GST) to Rs 40 lakh and
GST: 60% registered dealers may escape GST net if turnover threshold doubled–Economic Times
The GST Council is scheduled to discuss a plan to increase the registration threshold, which the law committee had proposed should be Rs 40 lakh,
Relief for 2 mn small businesses as GST exemption doubled to Rs 40 lakh | Business Standard News
In a bid to give relief to small businesses, the GST Council Thursday doubled the limit for exemption from payment of goods and services tax (GST) to
Release Mudra funds for small and medium NBFCs: CEOs to RBI Guv – The Hindu BusinessLine
Banks raising interest rates a major pain point, say NBFC heads Non-banking finance companies (NBFC) have urged the Reserve Bank of India to enable the
Transunion Cibil: Retail loan in a minute, but SME loan in 15 days needs to change: Satish Pillai, TransUnion CIBIL – The Economic Times
NBFCs loan growth hinges on how they are replacing cash. It is not necessarily about more sales, Satish Pillai, MD & CEO, TransUnion CIBIL, tells ET Now. Edited excerpts: