Clipped from: https://www.financialexpress.com/money/your-money-what-gross-profit-margin-tells-about-a-firm/2225092/ Higher the gross profit margin, better the firm’s efficiency in managing its production expenses Let us look at the computation of gross profit
Category: MSME-Startup
Industries in Pune recovering from lockdown losses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/industries-in-pune-recovering-from-lockdown-losses/article34214156.ece The survey conducted by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), Pune found that 48 per cent of the surveyed companies
Moneyboxx Finance raises Rs 25 crore from NBFCs, small finance banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/moneyboxx-finance-raises-rs-25-crore-from-nbfcs-small-finance-banks/articleshow/81684219.cmsSynopsis MBFL plans to utilize the proceeds to support its disbursement target in the current and upcoming financial year. NEW DELHI:Moneyboxx FinanceLtd (MBFL) has
embedded finance: Understanding the rise of embedded finance in post-Covid economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/understanding-the-rise-of-embedded-finance-in-post-covid-economy/articleshow/81721224.cmsSynopsis Millions of customers have already benefited from embedded finance due to the attractive rewards given by the technology platforms for payments and timely
Chingari app: OnMobile leads $13 million funding in short-video app Chingari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/funding/onmobile-leads-13-million-funding-in-short-video-app-chingari/articleshow/81816484.cmsSynopsis OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app. Mobile entertainment solutions providerOnMobileNSE 4.99 % is leading a $13
Why MSMEs are still looking for more government support? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/why-msmes-are-still-looking-for-more-government-support/2223993/ Ease of Doing Business for MSMEs: As the new fiscal begins, MSMEs share their asks from the government to help them get their
CBIC notifies new system for filing bill of entry for importers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-notifies-new-system-for-filing-bill-of-entry-for-importers/article34197122.ece Hopes to facilitate faster clearance The Central Board of Indirect Taxes and Customs (CBIC) has notified a new system for filing Bills of
Decoding the maze of equalisation levy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/decoding-the-maze-of-equalisation-levy/article34200358.ece Expanding the scope of this tax in last year’s Budget has made it more complex and burdensome India first introduced an equalisation levy
Easy Trip co-founder upbeat despite public listing at worst time for travel | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/easy-trip-co-founder-upbeat-despite-public-listing-at-worst-time-for-travel-121033001292_1.html Easy Trip Director Prashant Pitti is sanguine, even though his firm, which operates EaseMyTrip.com, gets more than 90% of its revenue from selling
Higher import tariffs will hurt Atmanirbharta – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/higher-import-tariffs-will-hurt-atmanirbharta/article34200087.ece?homepage=true A well-calibrated Foreign Trade Policy is key to helping import competing industries. Higher import tariffs will hurt exports An overarching goal of the
DGFT extends deadline for track & trace system in pharma exports till April 1, 2022 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/dgft-extends-deadline-for-track-trace-system-of-pharma-exports-till-april-1-2022/article34201149.ece?homepage=true The Directorate General of Foreign Trade (DGFT) has extended the deadline for implementation of the track and trace system in pharma exports till
Five key changes in I-T laws, GST to come into effect from April 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/five-key-changes-in-i-t-laws-gst-to-come-into-effect-from-april-1/article34198775.ece Employees Providend Fund, ULIP, TDS, re-opening of assessment, benefits for senior citizens to see changes Significant changes in both Income-Tax as well as
Govt not interested in footing Rs 8,000-cr moratorium bill for banks | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/govt-not-interested-in-footing-rs-8-000-cr-moratorium-bill-for-banks-121033001212_1.html Govt is of the view that the onus of reimbursing compound interest charged to customers does not fall on entirely on itself, said
The CBIC is being pummelled – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-cbic-is-being-pummelled/2223534/The IRS cadre is said to be short by over 2,000 officers, while other executive levels have over 18,000 vacancies. Every field formation works
‘Fintech can bridge MSME credit gap with digital data to assist risk analysis, cash flow-based lending’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-fintech-can-bridge-msme-credit-gap-with-digital-data-to-assist-risk-analysis-cash-flow-based-lending/2223151/ Credit and Finance for MSMEs: Access to reliable data in an “easy to access and analyse” digital format is at the center of
SBI to revamp MSME lending ops to increase efficiency – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/sbi-to-revamp-msme-lending-ops-to-increase-efficiency/2223469/ “With the objective of becoming banker of choice for MSMEs, SBI intends to improve existing processes and structure in the SME space for
Your Queries (Loans): To avail PMAY, sell existing property and buy new one with home loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-3/2223431/ Once the home loan is fully repaid the PMAY subsidy is not possible to avail. You may request for an extension of moratorium.
MSMEs look at Foreign Trade Policy for relief from up to 50% spike in input, fuel costs – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/msmes-look-at-foreign-trade-policy-for-relief-from-up-to-50-spike-in-input-fuel-costs/articleshow/81752705.cmsSynopsis The Ministry of Commerce and Industry is likely to roll out its new foreign trade policy for a five-year period effective from April
SEE CHANGE aims to be a leading Indian brand in MSME consulting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/see-change-aims-to-be-a-leading-indian-brand-in-msme-consulting/article34187940.ece SEE CHANGE Consulting aims to become a leading home-grown brand in the MSME (micro, small and medium enterprise) consulting space with a strategy
Limited e-invoicing window a worry for small and medium companies | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/limited-e-invoicing-window-a-worry-for-small-and-medium-companies-121032900007_1.html The e-invoicing system was first made mandatory for entities with a turnover of Rs 500 crore and above and later extended to businesses
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