Nearly 2,000 working units of the knitwear/readymade garment cluster in Tirupur, employing more than a lakh people, have called for a day’s strike on Friday
Category: MSME-Startup
To boost exports, job creation, PM Narendra Modi government to unveil Rs 2,600 cr package for leather sector – The Financial Express–21.07.2017
The government is expected to announce soon a Rs 2,600 crore incentive package for the leather and footwear sector to boost exports and job creation,
Tepid response to ‘easy GST’; only 100,000 SMEs opt for composition scheme | Business Standard News–21.07.2017
A scheme under the goods and services tax (GST) that provides easy compliance and a flat rate to small businesses has had a muted response
GST must not turn into instrument for pushing small and informal out of economic mainstream – The Financial Express–20.07.2017
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 reverse charge: Debate heats up over its effectiveness – The Financial Express–18.07.2017
At a broad level, the onus of charging, collecting and depositing GST on all supplies of goods and services lies with the supplier. The reverse
Lending to priority sector is good business, Mundra tells banks | Business Line–18.07.2017
Given the overexposure of the banking system to large corporates and the consequences thereof in the last few years, Reserve Bank of India Deputy Governor
MSME–RBI may take a relook at TReDS platform | Business Line–18.07.2017
The Reserve Bank of India and the government may have to review the Trade Receivables e-Discounting System (TReDS) as experience thus far shows that large
GST Impact: MSMEs learn to deal with reverse charge mechanism the hard way | Business Standard News–17.07.2017
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
GST impact: Small and medium firms grapple with big issues | Business Standard News–17.07.2017
A fortnight into the goods and services tax (GST), small and medium dealers and manufacturers are grappling with issues of the new indirect taxation system.
GST: SOHO economy wakes up to new reality | Business Standard Column–17.07.2017
Vikas Kumar, a freelance writer and content producer, who operates solo out of his home in Delhi, is a worried man. In a LinkedIn post,
GST impact: Small and medium firms grapple with big issues | Business Standard News–17.07.2017
A fortnight into the goods and services tax (GST), small and medium dealers and manufacturers are grappling with issues of the new indirect taxation system.
GST: Why being GST-compliant can actually increase your creditworthiness–16.07.2017
By Aditya Kumar Goods & Service tax aka GST, is often dreaded and misunderstood. The confusion simply does not seem to go away. In this
Yes Bank gets $150 mn from OPIC to fund SME lending – The Financial Express–15.07.2017
Private sector Yes Bank has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small
SMEs: Register with GSTN without fear: Kalraj Mishra to SMEs–Economic Times–14.07.2017
MSME Minister Kalraj Mishra on Thursday said small and medium enterprises need not fear Goods and Services Tax, and they should register themselves with GST
Watchout: Payment patterns may change after GST, lead to higher working capital requirement–Economic Times–14.07.2017
By Manish Chowdhary With GST one of the biggest change in habit would be that accounts need to be maintained regularly on a daily
‘Logistics cost in India will drop to global average’ | Business Line–14.07.2017
Logistics cost in India is in the range of 18-20 per cent. Currently a truck going from Delhi to Kolkata will take between 13-16 days.
Loans to MSMEs a means to prop up the sluggish bank credit growth: RBI deputy governor SS Mundra–Economic Times–12.07.2017
Reserve Bank of India deputy governor SS Mundra on Wednesday said loans to micro, small and medium enterprises (MSMEs) should not be seen as a
Procurement from GeM portal to save taxpayers’ money, says Nirmala Sitharaman–Financial Express–12.07.2017
The central and state governments procure goods and services worth over Rs 5 lakh crore annually, she said. (Express Photo) Use of government’s e-market
Porter wins small business clients with on-demand logistics, lower costs
By all indications, the recently-introduced Goods and Services Tax is expected to benefit the logistics sector, with rating agency ICRA expecting it to grow 9-10
‘95% start-ups fail but 100% entrepreneurs succeed’ | Business Line–12.07.2017
Ninety-five per cent of start-ups fail; however, entrepreneurs must take heart because 100 per cent of entrepreneurs succeed, believes K Vaitheeswaran, known as the
aniltikotekar4sme.com 