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) ,
Category: MSME-Startup
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:
RBI: RBI Governor apprised of SMEs credit woes, seek creation of revival scheme for stressed MSMEs – The Economic Times
rbi-ap.webp6.5 KB As per RBI data, India’s MSME sector contributes to nearly a third of the gross domestic product, accounting for about 45% of manufacturing
Lenders need to factor in parameters beyond credit bureau support: Transunion-Cibil – The Economic Times
Lenders need to look beyond credit bureau in assessing risks of MSME lending and detecting early warning signal, as borrowing from multiple borrowers is getting increasingly risky,
MSME: Stacked loans and those sanctioned by multiple lenders prone to higher NPA risks: Report – The Economic Times
Stacked loans by borrowers have a higher potential of turning into Non-Performing Asset (NPAs), reveals the recently released TransUnion CIBIL- SIDBI MSME Pulse Report. The latest report
A Leg-up for MSMEs: Interests of operational creditors to be secured under insolvency code – The Financial Express
Currently, only financial creditors are part of the CoC that decides on a resolution plan and selects the winning bidder. Operational creditors (OCs), mostly MSMEs,
GST Council: GST ministerial panel favours Kerala levying 1% cess for 2 years
The ministerial panel under Bihar Deputy Chief Minister Sushil Modi Sunday approved levy of 1 per cent ‘calamity cess’ by Kerala for a period of two years
Watch: RBI guv on liquidity crunch, support for MSME sector – The Economic Times Video | ET Now
Governor Shaktikanta Das while speaking to the media said that the RBI circular to help MSME sector with loans up to rupees 25 crore needs
RBI sets up panel under ex-Sebi chief U K Sinha to suggest measures for MSMEs – The Economic Times
The Reserve Bank Wednesday set up an expert committee under former Sebi chairman U K Sinha to suggest long-term solutions for the economic and financial sustainability of the MSME
GST: Ministerial panels on GST relief to MSMEs, levy of calamity cess to meet today – The Economic Times
Currently, businesses with annual turnover of up to Rs 20 lakh are exempt from the Goods and Services Tax Two ministerial panels under the GST Council will
Small businesses likely to be off GST radar; council to decide on Thursday | Business Standard News
The Goods and Services Tax (GST) Council will take a decision on increasing the turnover threshold for mandatory registration under the ambit of GST on
Reserve Bank of India: RBI’s new year giveaway may hurt credit culture
By Rahul Satija Indian central bank’s decision to allow a one-time restructuring of some loans to small businesses is bound to foster indiscipline among borrowers. That’s the
