Category: MSME-Startup
👍👍👍👍👍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
Top cybersecurity trends small businesses should be paying attention to this year | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-top-cybersecurity-trends-small-businesses-should-be-paying-attention-to-this-year/2985237/ Technology for MSMEs: For large organisations, cyber attacks may cost them their reputation as well as business to some extent. But, for smaller
MSMEs’ 45% export share includes contribution of large units too: DGFT’s Prafulla Chandra Mishra | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-msmes-45-export-share-includes-contribution-of-large-units-too-dgfts-prafulla-chandra-mishra/2996633/ Trade, import and export for MSMEs: India is currently targeting around $760 billion in overall exports in FY23, up from the historic high of
Account aggregators can rescue MSMEs | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/account-aggregators-can-rescue-msmes-1195342.html Adoption of the AA ecosystem enables shifting away from the traditional asset-based lending approach to a cash-flow based approach Representative image. Credit: iStock
👍👍👍Retailers, wholesalers top MSME registrations on Udyam portal: Govt data | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-retailers-wholesalers-top-msme-registrations-on-udyam-portal-govt-data/2985923/ Ease of doing business for MSMEs: Retail and wholesale trades were added to the MSME definition for priority sector lending benefits from banks.
🙏🙏🙏*No growth for 72% of MSMEs in 5 years: Survey–Courtesy Financial Express 16.2.23
https://www.financialexpress.com/industry/sme/no-growth-for-72-of-msmes-in-5-years-survey/2982667/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/gqeJqqG1N1BwH7Yr9
Defence ministry top buyer of MSME goods in 2022: GeM | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-defence-ministry-top-buyer-of-msme-goods-in-2022-gem/2963266/ Ease of doing business for MSMEs: “Reaping the benefits of cost efficiency and speedy procurement, the ministry has purchased products and services worth
👍👍The critical role of skilling women entrepreneurs | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-skil-the-critical-role-of-skilling-women-entrepreneurs/2961542/ Skill, Labour, Talent for MSMEs: There are many programmes available for entrepreneurship training of rural women, however, there is a need to understand
Govt must navigate deftly to help MSMEs improve their scale, profitability, longevity | The Financial Express
Clipped from: https://www.financialexpress.com/budget/msme-eodb-budget-2023-govt-must-navigate-deftly-to-help-msmes-improve-their-scale-profitability-longevity-2960359/ Ease of doing business for MSMEs: “The government in the budget needs to accelerate the scope, expanse, and pace of execution of key
How Budget can help increase MSMEs’ contribution to global trade – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-budget-can-help-increase-msmes-contribution-to-global-trade/articleshow/97391978.cms Synopsis The world is now looking at India as a hot investment destination, especially in manufacturing and production–the twin pillars for trade and
👍👍👍CGTMSE needs to be urgently revamped: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cgtmse-needs-to-be-urgently-revamped-sbi-report/article66422841.ece The ERD suggested reduction or phase-out of the Annual Guarantee / Service fees to 0.50 per cent of the loan amount across all the slabs
