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.
Category: MSME-Startup
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
With an eye on MSMEs, SIDBI launches a slew of consumer connect programmes – The Economic Times–03.04.2018
SIDBI celebrated its foundation day on Monday as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate). Chairman and Managing Director of SIDBI, Mohammad Mustafa launched
Apparel exporters seek ‘lifeline support’ – Business Line–02.04.2018
Exporters in the Tirupur knitwear cluster say it will be impossible for them to compete with ‘tariff advantaged’ countries without ‘lifeline support’ through schemes such
Slow take-off for GST e-way bill likely as traders stock up early | Business Standard News–31.03.2018
It could take at least a fortnight for the e-way bill generation to take off, though it would be introduced at midnight of March 31
IBC–Insolvency: How NCLTs are sending a strong message to truant promoters – The Economic Times–30.03.2018
Size and corporate governance do matter: That seems to be the unambiguous message India’s bankruptcy courts are giving the country’s beleaguered lenders about a year since they
Here’re the key tax changes that will come into effect from April 1, 2018 | Business Standard News–30.03.2018
Several budget proposals including the reintroduction of the tax on long-term capital gains(LTCG) exceeding Rs 100,000 from the sale of shares will kick in from April 1, the beginning
Income Tax alert! Top 3 tasks you need to do by March 31 – Check full list here – The Financial Express–28.03.2018
With just a few days left for the financial year to end, here are three tax related tasks—filing returns of previous years, investing in tax-saving
Income Tax liabilities calculation for FY2017-18: How to do; all you need to know – The Financial Express–28.03.2018
The amount of income tax is calculated on the basis of tax slabs. There are various Income Tax Slabs specified by the government. At this
Insolvency and Bankruptcy: IBC panel eases insolvency rules for MSME owners, vastly improve prospect of being acquired, revived – The Economic Times–28.03.2018
The Insolvency and Bankruptcy Code review panel called for sweeping changes in the law aimed at easing insolvency rules for small enterprises and providing relief to home buyers by
GST: Job Worker etc–Govt clarifies norms for transactions – The Financial Express–28.03.2018
The government on Tuesday clarified several aspects of transactions between a principal manufacturer and a job worker under GST, and said that the compliance burden
Need a bank loan? These are the documents needed to get one – The Economic Times–27.03.2018
By Rishi Mehra A loan application procedure is complete only when the document verification is successful. Be it any type of loan, an applicant has
Fixed-term contractual employment: A small move in the right direction | Business Standard Column–27.03.2018
Last week the Union government took a baby step in the right direction. It made it easier for industry to hire labour contractually for a
All about NPA imbroglio in MSME sector – The Financial Express–26.03.2018
B Yerram Raju RBI statistics show that stressed assets in Indian banking have reached the alarming level of 16% of the total assets. MSMEs, however, suffering
FlexiLoans loans made easy for SMEs- Business News–24.03.2018
1) Founders: Manish Lunia, Ritesh Jain, Deepak Jain and Abhishek Kothari went to the Indian School of Business together in 2009. They worked on multiple
SMEs–Government Initiatives to help them –The Economic Times–24.03.2018
The government is working on structuring a twomonth programme, leveraging data captured by the GST Network, to apprise small businesses of the schemes it has
