Small and medium enterprises (SMEs) will continue to be under stress as the impact of the new goods and services tax (GST) and demonetisation lingers
Category: MSME-Startup
Economic reforms will bear fruit in 2018–CEO Yes Bank–09.01.2018—–*****
2018 will be the year when the three structural reforms of 2017—bank recapitalisation, insolvency resolution and the goods and services tax (GST)—will bear fruit. For
GST–Do not rush to alter set GST deadlines–Economic Times–05.01.2018
Tax officials will reportedly start the process of matching returns and invoices under the goods and services tax (GST), after it had been announced that
GST: Chaotic tax overhaul bad news for truckers, cross-border trade | Business Standard News–04.01.2018
Post-GST, over 20 states have done away with the check post which has reportedly reduced transit time of transportation by 30-40 per cent. But industry
More MSMEs register with M1 Xchange for online trade receivables discounting | Business Line–04.01.2018
The platform will improve fund flow to small units by reducing the receivables realisation cycles Micro, small and medium enterprises (MSMEs), which were hitherto struggling
GST refund woes bite exporters | Business Standard News–01.01.2018
Non-payment of tax refunds and last-mile procedural glitches have continued to be the biggest bane of exporters in the new tax regime. The issues have
Six months on, GST still a work in progress | Business Standard News–01.01.2018
The GST Council made a number of course corrections involving the rate structure, making life easier for SMEs, altering the timelines of the e-way Bill and
GST: Knots yet to be untied | Business Standard News–01.01.2018
The Goods and Services Tax (GST) Council has eased procedures to help small and medium industry players, but assessees still face problems in filing returns.
Finance ministry asks PSBs to consider selling, swapping loan assets | business-news | Hindustan Times–01.01.2018
The finance ministry has asked public sector banks (PSBs) to explore options for selling and swapping of loan assets with other lenders with a view
e-way bill: Government to implement e-way bill from February as tax mopup slips – The Economic Times–31.12.2017
Nearly six lakh taxpayers availing the simple composition scheme under the GST have paid a tax of only about Rs 250 crore for July-August, leading
‘DeMon, GST made lending to SMEs easier’ – The Economic Times–27.12.2017
Aditya Birla Finance (ABFL) — the lending arm of Aditya Birla Capital (ABCL) — plans to leverage its recently acquired triple A rating to grow
CRISIL SME Tracker: MSMEs offer working capital opportunity for lenders | Business Standard News–27.12.2017
Healthy orders from original equipment manufacturers (OEMs) are increasing the working capital requirement of micro, small and medium enterprises (MSMEs) in the auto component sector,
How to revitalise Indian economy? Answer is here – The Financial Express–22.12.2017
The monetary policy of the Reserve Bank of India (RBI) announced on December 6, 2017, acknowledges that the growth of real gross value-added accelerated during
Insolvency ordinance may lead to greater cases of liquidation for SMEs – The Economic Times–22.12.2017
The new insolvency ordinance is expected to create substantial problems for SMEs and most may be liquidated if the revival plan does not work out.
Bankruptcy: More changes to bankruptcy code likely in Budget – The Economic Times–21.12.2017-R
The government will fix a few urgent problem areas in the insolvency ordinance when it is brought to Parliament in the ongoing session but is
Fiscal deficit: Bringing revenue deficit to zero far more important than fiscal deficit: Rajiv Kumar, VC, Niti Aayog – The Economic Times–20.12.2017
With the budget around the corner, Niti Aayog vice-chairman Rajiv Kumar told ET that the focus of the government should be on the creation of
GSTN: GSTN brings in option for monthly, quarterly filing of forms – The Economic Times–20.12.2017
Goods and Services Tax Network (GSTN), the IT backbone of the new tax regime, today said it has put a new function on its portal
SME Chatroom: Several issues require the attention of DGFT | Business Standard News–20.12.2017
The Foreign Trade Policy (FTP) says that advance authorisation can be used for procurement from an Export Oriented Unit (EOU). It also says that EOUs
Veritas: MSME lender Veritas raises Rs 120-cr round led by UK govt’s CDC Group – The Economic Times–14.12.2017
The UK government’s development finance institution CDC Group has led a Rs 120-crore investment round in financial services firm Veritas Finance along with existing investor
Bankruptcy: SMEs’ claims may get higher priority in liquidation cases – The Economic Times–12.12.2017
The government is looking at a proposal to give higher priority to the claims of small operational creditors in cases of liquidation under the bankruptcy
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