Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-loan-default-lakhs-of-micro-units-turn-npas-under-govts-eclgs-scheme-check-details/3040823/ Credit and finance for MSMEs: As of February 28, 1.13 crore MSME borrowers were supported with Rs 2.40 lakh crore guarantee amount, of
Category: MSME-Startup
👍Digital MSME lender FlexiLoans’ AUM triples in FY23 from previous year | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-digital-msme-lender-flexiloans-aum-triples-in-fy23-from-previous-year/3040950/ Credit and finance for MSMEs: FlexiLoans said it has access to over 10 million MSMEs in India through its partners including e-commerce companies
👍👍👍👍👍👍👍Winding up business: Here’s a quick guide on how to close a company in India | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-winding-up-business-heres-a-quick-guide-on-how-to-close-a-company-in-india/3041393/ Ease of doing business for MSMEs: In winding up voluntarily, the company voluntarily decides to shut the business after clearing off all its
👍👍👍Amendment in Section 43B of Income Tax related to MSME
Clipped from: https://taxguru.in/income-tax/amendment-section-43b-income-tax-related-msme.html AMENDMENT RELATED TO MSME 1. As per amendment made by the Finance Act, 2023 where payment to ‘micro’ or ‘small’ vendor registered under MSME Act,
‘MSME lending not about credit assessment only, but also merchant’s intent, credit risk, loan recovery’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-msme-lending-not-about-credit-assessment-only-but-also-merchants-intent-credit-risk-loan-recovery/3029522/ Credit and finance for MSMEs: In the lending and fintech environment, there are distinct types of players such as payment aggregators, surrogate players
👍Interest rate reduction on CGTMSE loans will spur entrepreneurship: Tiruppur Exporters’ Association – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/interest-rate-reduction-on-cgtmse-loans-will-spur-entrepreneurship-tiruppur-exporters-association/article66683731.ece Ceiling limit for guarantees has also been enhanced to ₹5 crore from ₹2 crore, earlier The Centre’s move in reducing interest rates on
👍👍👍Credit card for MSMEs by Diwali this year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-card-for-msmes-by-diwali-this-year/article66667650.ece Online PSB Loans is working closely with SIDBI, SBI Cards, and few other players for rolling out credit cards for MSMEs 7 A
–Managing finances is key to SMEs success | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-managing-finances-is-key-to-smes-success/3005685/ Credit and Finance for MSMEs: Founders should recognise that all sources of funds are liabilities and not gifts. The money raised today will
👍👍👍👍👍Income Tax- What is New Provision of 43B For Micro & Small Enterprises
Clipped from: https://taxguru.in/income-tax/income-tax-provision-43b-micro-small-enterprises.html In order to promote timely payments to “Micro and Small Enterprises” In Budget- 2023, it is proposed to include payments made to such enterprises
👍👍👍👍👍Measures taken for increasing access to credit and finance for MSME
Clipped from: https://taxguru.in/corporate-law/measures-taken-increasing-access-credit-finance-msme.html 1.19 crore borrowers benefit from guarantees amounting to Rs 3.61 lakh crore under ECLGS as on 31st January 2023 The Emergency Credit Line
👍👍👍👍👍Certification of MSME
Clipped from: https://taxguru.in/corporate-law/certification-msme.html WHO IS MSME? In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME)
👍👍👍👍👍Study on MSME – A Game Changer
Clipped from: https://taxguru.in/income-tax/study-msme-game-changer.html Introduction All Business Enterprises, whether commercial or non-commercial, commence their activities in a bootstrapped manner. Over the years, with their vision, persistent conviction,
All about the composition Scheme of GST for Small taxpayers
Clipped from: https://taxguru.in/income-tax/composition-scheme-gst-small-taxpayers.html Introduction The GST Composition Scheme was created to make GST payment easy for MSME businesses and simplify GST return filing. Small taxpayers can
👍👍👍👍👍Delayed payments, lack of formal financing in MSMEs affect job creation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/delayed-payments-lack-of-formal-financing-in-msmes-affect-job-creation/article66576684.ece Issue can only be tackled over time by maintaining constant pressure, says Chief Economic Advisor to Govt The impact of delayed payments and
👍👍👍👍👍Fixing delayed payments to micro, small enterprises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fixing-delayed-payments-to-micro-small-enterprises/article66573070.ece Interconnections between GSTN, IT and Udyam Registration portals should help ease payment issues faced by micro and small units Many firms are harmed
Cash flow-based lending, credit scores, TReDS, online dispute resolution can solve MSMEs’ payment issue: Report | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-cash-flow-based-lending-credit-scores-treds-online-dispute-resolution-can-solve-msmes-payment-issue-report/2997855/ Credit and finance for MSMEs: “The government has been focusing on MSMEs since 2014 and hopefully over time, through some of the legislative
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