We had imported certain capital goods under EPCG authorisation before introduction of GST. We are unable to export our goods. So, we want to regularise
Category: MSME-Startup
Kotak Mahindra Bank: Comfortable with NPAs, enough good borrowers in the SME space–28.06.2018
In FY 2018, some of the customers have shown a reasonable degree of growth in their turnovers. GST has also helped in reducing the administrative
GST: Rs 2,000 crore GST evasion unearthed in 2 months–Economic Times–28.06.2018
The GST investigation wing has detected tax evasion of over Rs 2,000 crore in two months, and data analysis reveals that only 1 per cent of over
One year of GST: SME cash flows impacted, but story has a sunny side too | Business Standard News–27.06.2018
GST is going to be one year old on July 1, and the journey over the past one year has been a mixed bag. While the
MSMEs: MSMEs maintain positive credit growth: Report – The Economic Times–23.06.2018
With the impact of GST and demonetisation gradually wearing off, the MSME sector is now expected to grow at a swift pace. The MSME segment
GST: Demo & GST – Empirical evidence shows MSMEs yet to recover from the twin economic measures–19.06.2018
By Manish Sinha The micro, small and medium enterprises (MSMEs) sector is of special significance for the Indian government, expecting it to offer higher employment
P2P lending: Can India replicate the UK experience to achieve Sabka Saath, Sabka Vikas? – The Economic Times–17.06.2018
By Rajat Gandhi India is still struggling with a huge credit gap that is holding back the economy. Getting a bank loan is an extremely
GST Amendments: Changes to include RCM, return filing, refund on exports | The Indian Express–17.06.2018
Clarification for refunds of cess on goods to be exported, changes in the enabling provisions for reverse charge mechanism (RCM) and composition scheme and returns
Tally add-on enables small biz to get loans – The Economic Times–14.06.2018
US-based online lending platform Biz2Credit is forecasting a sharp jump in lending to small and micro enterprises following the implementation of the goods and services tax (GST)
Get a loan within 24 hrs! Amazon India launches lending network for sellers | Business Standard News–14.06.2018
In another India-first initiative, Amazon has launched a lending network connecting lenders and its sellers, who will be able to avail loans at competitive rates in as
These platforms are creating a difference by empowering the MSME sector – The Financial Express–10.06.2018
Government and RBI have been working on empowering MSMEs. After special schemes to support the segment, the government also announced the allocation of 3lakh crores to MUDRA Bank under
RBI relaxes NPA classification norms for MSMEs under GST | Business Standard News–08.06.2018
In a major relief to MSMEs, the Reserve Bank on Wednesday eased NPA classification norms for such units facing input credit linkages and associated issues
Relief for MSMEs under IBC, promoter can bid for his enterprise – The Economic Times–07.06.2018
The development provides major relief to MSMEs facing insolvency proceedings. The Government on Wednesday provided major relief to MSMEs facing insolvency proceeding under the Insolvency & Bankruptcy Code Ordinance,
LinkedIn: Ten ways SMEs can harness LinkedIn to grow their businesses–Economic Times–01.06.2018
Like most enterprising individuals from his demographic cohort, 26-year-old Akash always wanted to start his own venture until he did. Early last year, he launched
SME: Helping SMEs grow makes a good business case, proves Power2SMEs R Narayan–Economic Times–01.06.2018
While working in corporates for about a decade, R Narayan realised he could execute his thoughts well – thus began the idea of starting up. His execution
For SMEs, meaningful relationships are more important than marketing – The Economic Times–29.05.2018
The Internet is undergoing the third wave, which is all about meaningful communication. Most businesses will realize the power of creating trust with honesty, discipline
Aye Finance claims to have disbursed 60,000 loans to MSMEs – The Economic Times–29.05.2018
Gurgaon based digital lending startup Aye Finance claims to have disbursed 60,000 loans since its inception in 2014 to micro small and medium enterprises giving out a total of
State-owned banks, reinvent yourself–Economic Times–29.05.2018
Banking frauds have reportedly cost nationalised banks as much as Rs. 25,775 crore, in the last fiscal alone. It is also a fact that public
Bad loans: Are we celebrating the outliers? | Business Standard Column–29.05.2018
To the loud, self-congratulatory tweets of policymakers and politicians, supported by the media (which is quick to declare a few data points as a major
CRISIL SME Tracker: Working capital gap widening for MSMEs | Business Standard News–29.05.2018
CRISIL’s analysis of nearly 1,700 MSMEs (annual turnover up to Rs 2.5 billion) shows that their working capital gap — or the difference between current assets and current liabilities (excluding short-term bank borrowings)
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