This guideline will, however, help the system move towards invoice matching, which can check tax evasion The new single-page return and the transition process approved
Category: MSME-Startup
As NPAs rise, banks strengthen credit monitoring departments – Business Line–27.04.2018
Banks are strengthening their credit monitoring departments to ensure that loans don’t get into restructuring mode, with attendant provisioning consequences, as the Reserve Bank of
succession planning: Planning a departure: Here’s how MSMEs can master an in-house succession plan – The Economic Times–26.04.2018
While the ancients propagate our earthly departure as the only truth, we live and act as immortals. The same holds true in the corporate world.
Suresh Prabhu: A new industrial policy will soon be announced, emphasis on MSME–Economic Times–24.04.2018
Opening the plenary session, the MSME Secretary, Arun Kumar Panda, said India is perhaps the only country to count Micro enterprises, and the total count
WhatsApp: How can SMEs use videos and Whatsapp to communicate faster and grow their business – The Economic Times–24.04.2018
When you communicate with video you get up, close and personal. You have the opportunity to inspire and ignite your customers and the world around
Falling apparel exports – Business Line–20.04.2018
India’s apparel exports have dropped about four per cent to $16.7 billion in 2017-18. This is alarming, as this is the first reversal after years
How SMBs can minimize COD failures and returns – The Economic Times–14.04.2018
By Saahil Goel Indian e-commerce is a strange mix of the new and the familiar. Spurred on by increasing internet access and smartphone penetration, industry estimates
GST: Yes Bank launches an industry first GST backed OD facility for MSMEs–Economic Times–14.04.2018
Yes Bank has announced the launch of ‘Yes GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this an MSME can avail OD up to
As labour-intensive sectors take a hit, exports dip in March – Business Line–14.04.2018
A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6
IBC: Government needs to re-look at certain provisions of IBC: Uday Kotak – The Economic Times–13.04.2018
Kotak said the rules of bidding should be like a prospectus where it should be clearly stated what is the basis on which the bids
MSME Ministry, GSTN to soon ink pact for data sharing–Deccan Chronicle–11.04.2018
The MSME ministry will soon sign an agreement with GSTN, the IT backbone of GST, for sharing of data related to small and medium enterprises
home loans: Self-employed pie in home loan grows, so do defaults – The Economic Times–11.04.2018
HFCs also get better returns from lending to the self-employed. A subdued loan demand from businesses is increasing competition in home loans, leading to a
Clear the banking mess and let small businesses thrive–Economic Times–11.04.2018
It is disconcerting that half the country’s state-owned banks are now under the RBI’s watch-list for their deteriorating health. Reportedly, more banks could come under
Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch | The Indian Express–09.04.2018
Government sources also confirmed that at least three-four more banks are expected to be brought under the PCA framework because of deteriorating performance. Lending to
Special Rs 26-bn package to boost export of leather products, footwear | Business Standard News–08.04.2018
The leather and footwear industry is expecting that the Rs 26-billion special package announced by the governed recently, will help the stagnant sector grow by easing the pricing pressure.
Govt sees 1 cr new jobs on 12% pension incentive – Business Line–08.04.2018
The government hopes to create 1 crore new jobs by bearing the entire 12 per cent of the basic salary that employers are mandated to
FIEO, PayPal join hands to simplify international trade for Indian exporters and SMEs – The Economic Times–06.04.2018
“We are very confident of the potential that this partnership has and we look forward to channelising it,” said Richard Nash, Vice President, PayPal. The
Why MSMEs need more than mere promises on ‘ease of doing business’ and slogans such a ‘Make in India’ – The Financial Express–06.04.2018
After the agriculture sector, the micro, small and medium enterprises (MSME) sector is the second-largest employment generator, providing 80% of jobs with just 20% of
One step back: IBC must not encourage out-of-court settlements | Business Standard Editorials–06.04.2018
The central issue is: How can efficient and equitable price discovery be enabled for a stressed asset? A high-level panel set up to review the
MSME Ministry working on certification of credit worthiness of small businesses – Business Line–04.04.2018
To help small businesses borrow from banks, the Ministry of Micro, Small and Medium Enterprises (MSME) is working on a portal that will certify the
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