Category: MSME-Startup
New credit assessment model for MSMEs under way – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/new-credit-assessment-model-for-msmes-under-way/article68559499.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/new-credit-assessment-model-for-msmes-under-way/article68559499.ece New MSME model based on digital footprints is an improvement from traditional assessment of credit eligibility based only on asset or turnover
Commerce ministry developing e-platform to connect exporters, MSMEs, govt | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/commerce-ministry-developing-e-platform-to-connect-exporters-msmes-govt-124080600896_1.html Clipped from: https://www.business-standard.com/economy/news/commerce-ministry-developing-e-platform-to-connect-exporters-msmes-govt-124080600896_1.html Government has initiated the creation of a trade connect e-platform to connect Indian exporters, MSMEs and entrepreneurs with various stakeholders, MoS Commerce
👍👍👍MSMEs’ 180-day repay period demand genuine: PNB MD & CEO Atul K Goel | Interviews – Business Standard
https://www.business-standard.com/companies/interviews/demand-for-180-day-repayment-period-from-msmes-is-genuine-pnb-s-atul-goel-124072800458_1.html Clipped from: https://www.business-standard.com/companies/interviews/demand-for-180-day-repayment-period-from-msmes-is-genuine-pnb-s-atul-goel-124072800458_1.html Goel discussed the public sector lender’s latest quarterly results and its expansion plans Atul Kumar Goel, MD & CEO, PNB Listen to
👍👍👍👍👍MSMEs get a helping hand in Budget but challenges in financing remain | Finance News – Business Standard
https://www.business-standard.com/finance/news/msmes-get-a-helping-hand-in-budget-but-their-challenges-in-financing-remain-124072800578_1.html Clipped from: https://www.business-standard.com/finance/news/msmes-get-a-helping-hand-in-budget-but-their-challenges-in-financing-remain-124072800578_1.html According to CRISIL Ratings’ bi-annual ‘MSME Report’ (June 2023), the debt need of the sector is more than Rs 100 trillion. Of
MSME experts highlight gaps left in Budget 2024 – SME News | The Financial Express
https://www.financialexpress.com/business/sme/msme-experts-highlight-gaps-left-in-budget-2024/3564029/ Clipped from: https://www.financialexpress.com/business/sme/msme-experts-highlight-gaps-left-in-budget-2024/3564029/ The MSME ecosystem collectively hailed the measures announced in the budget including a Rs 100 crore Credit Guarantee Scheme for manufacturing units, new
The MSME payment puzzle – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/the-msme-payment-puzzle/3560121/ Clipped from: https://www.financialexpress.com/opinion/the-msme-payment-puzzle/3560121/ Services of information utility under IBC can help resolve issues of non-payment by corporates. This is not just about delay. There is
MSME ministry targets onboarding 500,000 micro, small enterprises on ONDC | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/msme-ministry-targets-onboarding-500k-micro-and-small-enterprises-on-ondc-124062701056_1.html Clipped from: https://www.business-standard.com/economy/news/msme-ministry-targets-onboarding-500k-micro-and-small-enterprises-on-ondc-124062701056_1.html Addressing an event on International MSME Day, Manjhi said MSMEs will be a key force in the movement towards Atmanirbhar and Viksit
Ahead of Budget, MSME representatives submit suggestions to Sitharaman – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/msme/ahead-of-budget-msme-representatives-submit-suggestions-to-sitharaman/article68319703.ece Clipped from: https://www.thehindubusinessline.com/companies/msme/ahead-of-budget-msme-representatives-submit-suggestions-to-sitharaman/article68319703.ece The full Budget 2024-25, is expected to be presented in Parliament, next month Representatives of the MSME industry on Friday, made a host of
👍👍👍Algo-based MSME lending: How AI can make credit assessment more inclusive, accurate, efficient – SME News | The Financial Express
https://www.financialexpress.com/business/sme/algo-based-msme-lending-how-ai-can-make-credit-assessment-more-inclusive-accurate-efficient/3501851/ Clipped from: https://www.financialexpress.com/business/sme/algo-based-msme-lending-how-ai-can-make-credit-assessment-more-inclusive-accurate-efficient/3501851/ On May 15th, RBI Deputy Governor Swaminathan J cautioned non-banking financial companies (NBFCs) against over-reliance on algorithm-based credit models. While these models
Penalty for Delay in Filing of Form MSME-1
https://taxguru.in/company-law/penalty-delay-filing-form-msme-1.html Clipped from: https://taxguru.in/company-law/penalty-delay-filing-form-msme-1.html The submission of MSME-1 is not only a requirement of the Companies Act, but it also has implications on the Income Tax
Revolution in voluntary closure of firms – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/revolution-in-voluntary-closure-of-firms/article68193959.ece Clipped from: https://www.thehindubusinessline.com/opinion/revolution-in-voluntary-closure-of-firms/article68193959.ece Streamlining the process and the setting up of C-PACE have helped bring down the time involved in disposal of liquidation cases Ease
MSME: TReDS platform RXIL crosses ₹1 lakh crore – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/treds-platform-rxil-crosses-1-lakh-crore-in-msme-invoice-financing/article68194144.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/treds-platform-rxil-crosses-1-lakh-crore-in-msme-invoice-financing/article68194144.ece RXIL has more than 25,000 registered MSMEs on the platform RXIL, a joint venture between SIDBI, NSE, State Bank of India, ICICI Bank, and
Revolution in voluntary closure of firms – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/revolution-in-voluntary-closure-of-firms/article68193959.ece lipped from: https://www.thehindubusinessline.com/opinion/revolution-in-voluntary-closure-of-firms/article68193959.ece Streamlining the process and the setting up of C-PACE have helped bring down the time involved in disposal of liquidation cases Ease
👍👍👍👍👍👍👍MSME Samadhan Scheme: Delayed Payment Monitoring Scheme
https://taxguru.in/corporate-law/msme-samadhan-scheme-delayed-payment-monitoring-scheme.html Clipped from: https://taxguru.in/corporate-law/msme-samadhan-scheme-delayed-payment-monitoring-scheme.html MSME Samadhan Scheme: Delayed Payment Monitoring Scheme Micro, Small and Medium Enterprise (hereinafter collectively referred as “MSE Enterprises”) are flourishing across various
👍👍👍👍👍👍👍Analysis of Section 43B(h) of Income-tax Act, 1961
https://taxguru.in/income-tax/analysis-section-43bh-income-tax-act-1961.html Clipped from: https://taxguru.in/income-tax/analysis-section-43bh-income-tax-act-1961.html In order to protect and promptly make payments to the MSEs, Clause (h) in Section 43B, inserted vide the Finance Act 2023, provides
👍👍👍Accounting treatment of delayed interest under MSMED Act 2006
https://taxguru.in/chartered-accountant/accounting-treatment-delayed-interest-msmed-act-2006.html Clipped from: https://taxguru.in/chartered-accountant/accounting-treatment-delayed-interest-msmed-act-2006.html Accounting treatment of interest payable by buyer entities for delayed payments to Micro, Small and Medium enterprises as required under the provisions
👍👍👍Accessible SME finance – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/accessible-sme-finance/article68126060.ece Clipped from: https://www.thehindubusinessline.com/opinion/accessible-sme-finance/article68126060.ece India’s economy is woven with threads of small and medium-sized enterprises (SMEs) and they are powerhouses of innovation and job creation and
👍👍👍Mitigating impact of litigation costs on MSMEs: Solutions beyond credit – SME News
By Kundan ShahiMicro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, driving growth and innovation. However, their success is often hampered
