May raise ₹500-750 cr capital this fiscal Lakshmi Vilas Bank (LVB) plans to focus on three areas to drive revenues and grow its assets. It
Category: MSME-Startup
GST impact: SMEs still working hard to sort out teething troubles–Economic Times–11.08.2017
India’s biggest job-creators – the small and medium enterprises (SMEs) — are still struggling to cope with the changes brought about by the country’s biggest
Facebook to monitor MSME growth in Odisha, launches SheMeansBusiness | Business Standard–11.08.2017
Social media giant Facebook will monitor the growth of the MSMEs in Odisha after imparting training to them in next one year. The social networking
GST Shiksha: A learning hub for MSMEs – The Financial Express
The GST Shiksha hub will aim to provide relevant information on GST to all MSMEs on a real-time basis and help them to be updated
For MSME suppliers, it pays to get on the TReDS platform | Business Line–08.08.2017
Micro, small and medium enterprises (MSMEs) supplying to top-notch corporates can get their invoices discounted at or close to banks’ benchmark lending rates if they
Loan Frame: Struggling to raise money? AI-powered bank loans from Loan Frame can help–Economic Times–06-.08.2017
The startup uses proprietary technology tools and models to help lenders in borrower evaluation, however, the final credit decision always rests with the lenders. Name
Make Mumbai the financial hubbub of the country– The Economic Times–04.08.2017
By Rana Kapoor Management consultant Peter Drucker had famously said, “The best way to predict the future is to create it.” Technology — especially big-data
Subdued demand may force relook at GST composition scheme | Business Standard–31.07.2017
With just about one lakh of 70 lakh businesses opting for GST Composition Scheme, tax authorities are reviewing why the scheme that allowed such entities
Banking system: Bandhan Bank CEO Chandra Shekhar Ghosh advices MSME units to select best CAs–Economic Times–29.07.2017
Bandhan Bank MD and CEO Chandra Shekhar Ghosh today advised the MSME units in the country to select best chartered accountants, saying “It is not
GST–Y2K moment for small biz?–Economic Times–28.07.2017
By Sumeer Chandra The arrival of the new millennium saw the rise of India as a new economic power. India’s IT industry was the poster
GST impact: Yogi govt breached ‘One Nation, One Tax’ theme, say SMEs | Business Standard–28.07.2017
The small and medium enterprises in Uttar Pradesh have pilloried the Yogi Adityanath government for purportedly breaching the spirit of ‘One Nation, One Tax’ theme
PM job scheme: CAG blames MSME Ministry for delayed release of funds | Business Line–27.07.2017
PM job scheme: CAG blames MSME Ministry for delayed release of funds Aditi Nigam Release of funds at the fag end of 2015-16 by the
How RBI can empower NBFCs to face challenges – The Financial Express–24.07.2017
India has shown dramatic improvement in terms of financial inclusion in the last few years with around 20 crore people having gained access to financial
GST impact: Rs 1,100-crore UP plywood industry on the verge of closure | Business Standard News–23.07.2017
Even as small and medium enterprises (SMEs) and traders continue to face transitory challenges and irritants after the rollout of the goods and services tax
GST must not turn into instrument for pushing small and informal out of economic mainstream – The Financial Express–22.07.2017
The problems might continue for several businesses even after they migrate to GST if they are part of value-chains that rely extensively on products not
GST deadline: Tax composition scheme last date extended till August 16 – The Financial Express–22.07.2017
The government today extended the deadline for small businesses to opt for the composition scheme in the GST regime by nearly four weeks to August
GST Impact: MSMEs learn to deal with reverse charge mechanism the hard way | Business Standard News–22.07.2017
The new indirect tax regime is having the effect akin to setting a cat among pigeons for thousands of micro and small businesses across the
Few takers for simple tax for small businesses: A look at Composition Scheme under GST | Business Standard News–22.07.2017
The introduction of the Goods and Services Tax (GST) has led to a sea change in the taxability of supplies and procedure/compliances to be followed
GST: Shadow economy struggles under weight of India’s new tax regime–Economic Times–21.07.2017
By Iain Marlow and Anirban Nag On the edge of one of India’s biggest slums, Alauddin Ansari opens a paper ledger of daily sales at
GST: New tax system brings pain, paperwork to India’s online sellers–21.07.2017
By Saritha Rai India’s new tax regime is causing widespread headaches for small merchants and the e-commerce companies they work with. The Goods and Services
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