On November 8, 2016, Prime Minister Narendra Modi announced his decision to deprive Rs 500 and Rs 1,000 currency notes of their “legal tender” status
Category: MSME-Startup
SME–GST–The Economic Times 14-11.2017
“There is no such thing as SMEs (small and medium enterprises),” says Sashank Rishyasringa, cofounder at SMEfocused lender Capital Float. “The biggest problem with the
More capital to PSBs will push credit to MSME sector: Arun Jaitley | Business Standard News–13.11.2017
Finance Minister Arun Jaitley on Sunday said more capital for state-owned lenders would prompt public sector banks (PSBs) to increase credit flow to micro, small
Tax filing timelines extended: Here are your new dates to file GST returns – The Economic Times–11.11.2017
To bring simplicity and to reduce the compliance burden for the taxpayers, the GST Council in its 23rd meeting in Guwahati made sweeping changes to
Demonetization Anniversary: Decoding the Effects of Indian Currency Notes Ban – The Economic Times–11.11.2017
By Aishwarya Krishnan As the clock struck 8 pm on November 8, 2016, India came to a standstill and Prime Minister Narendra Modi announced one
Vistaar Finance: Lending to SMEs: How startups are grappling with the issue of combining tech and non-tech strategies – The Economic Times–10.11.2017
Tech that leverage technology to originate loans and for credit assessments and disbursals face myriad challenges. “There is no such thing as SMEs (small and
Demonetisation downer: Market oriented policies rather than disruptions can help India formalise–10 11 2017
The first anniversary of Prime Minister Narendra Modi’s demonetisation announcement was marked by a sharp debate between government and opposition on its outcome. One consequence
Ease GST pain for small businesses: Let large buyers deduct GST on small supplies–09.11.2017
The Goods and Services Tax (GST) Council should lower the levy on many products that now attract 28% GST. Only demerit goods should attract the
GST: Demonetisation: Indian SMEs suffered a blow, still struggling to find their footing – The Economic Times–08.11.2017
The worst sufferers of this move, were the micro enterprises of the country. Demonetisation – a move which was initially seen as a “masterstroke” in
All evidence suggest unorganised sector, SMEs worst hit by demonetisation: Arun Kumar – The Economic Times–08.11.2017
Arun Kumar is a renowned authority on the black economy. The economist taught at the Centre for Economic Studies and Planning at Jawaharlal Nehru University
Kinara Capital raises $14.5 million in Series C funding – The Economic Times–08.11.2017
Bangalore-based NBFC Kinara Capital on Monday said it has raised $14.5 million in Series C funding from multiple investors which will be deployed to expand
Reforms for the few–Deccan Herald–07.11.2017
At a time when labour law reforms are being debated, it is important to remember that only 6-7% of the total workforce in the country,
Focus on micro, not just macro, reforms–07.11.2017
By Anil K Kanungo, Why is the Indian economy currently looking gloomy? Many believe that the necessary macroeconomic structural reforms were not in place and
Black money no longer cool due to demonetisation, but real issue is plight of SMEs hit by note ban, GST combo – The Financial Express–06.11.2017
A year after demonetisation, while the anticipated windfall of Rs 2-3 lakh crore—tax evaders were expected to not deposit their black money—did not materialise, the
Despite concerns over implementation of GST, MSME loan collections near-full, says report – The Financial Express–05.11.2017
Despite concerns over the implementation of GST, the monthly collection ratios of loan pools of commercial vehicles (CVs), loan against property (LAP) and MSMEs remained
GST: Key changes in the last 100 days | Business Standard News–10.10.2017
Govt extends letter of undertaking (LuT) facility to small exporters Initially the option of exporting under the LuT was made available only to certain specified
Course correction — on GST Council’s alterations – The Hindu–09.10.2017
Nearly 100 days after India’s tryst with the new Goods and Services Tax regime began, the GST Council empowered to oversee its implementation has approved
GST Council: GST still has some way to go before it becomes a genuinely uncomplicated tax – The Economic Times–08.10.2017
By Pratik Jain Implementation of GST was perhaps the first time when any tax reform was celebrated in Parliament. At midnight on June 30, while
GST payment: Over 40% business entities make zero GST payment – The Economic Times–08.10.2017
There may be noise over heavy tax burden on small businesses but initial data does not support the complaint. It turns out that over 40%
Four portals to ease loan application process – The Economic Times–08.10.2017
Lending procedures have been perceived to be a deity task. From documentation, signatures, and trips to banks, to waiting for the application approval; it all
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