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Monday, February 24, 2025

SMEDesk

SEBI Chief’s Statement Rattles SME Stock Market

Madhabi Puri Buch, the head of the Securities and Exchange Board of India (SEBI), recently highlighted concerns over potential irregularities observed within the Small and Medium Enterprises (SME) segment. During a public event, Buch acknowledged the presence of certain...

CII Conference: Empowering MSMEs for the Future

Micro, small, and medium enterprises (MSMEs) play a crucial role in driving economic growth, particularly in regions like the eastern part of India. The recent 'Future Ready to be Future Proof' conference organized by the Confederation of Indian Industry...

Mauritius Offers Over 8-Year Tax Holiday to Investors in Medical Sector

March 7, 2024: Mauritius is extending an enticing offer to Indian companies, providing a lucrative tax holiday exceeding eight years for investments in key sectors such as pharmaceuticals, medical device manufacturing, and biotechnology. This press release highlights the significant...

MSME Payment Rule Under Review: Finance Ministry Contemplates Delay

The Finance Ministry is deliberating a potential deferment of an MSME payment Rule 43B (h) under the Income Tax Act, which mandates payments to MSMEs within 45 days. This amendment, introduced via the Finance Act of 2023, aims to...

9th Shakti International Women Entrepreneurs Summit: Highlights

Union Minister for MSME, Narayan Rane, lauded the remarkable surge in women entrepreneurship within the MSME sector during the 9th Shakti International Women Entrepreneurs Summit held in New Delhi. With over 1.40 crore MSMEs now led by women, Rane...

WeAct Milestone: Empowering Women Micro-Entrepreneurs

The Entrepreneurship Development Institute of India (EDII) Ahmedabad, in collaboration with Accenture, celebrates a significant achievement. Their WeAct initiative empowers over 13,470 women micro-entrepreneurs across diverse sectors spanning 17 states and 2 union territories in India. Tailored Support Across Industries WeAct's...

MSME Minister Unveils Tamil Nadu Incubator Maturity Model Report

Tamil Nadu’s Micro, Small and Medium Enterprises (MSME) Minister T.M. Anbarasan launched the Tamil Nadu Incubator Maturity Model (TNIMM) report during the Tamil Nadu Start-up Incubators Summit held in Chennai. This framework aims to assess and elevate start-up incubators...

45-Day Payment Rule for MSMEs: Concerns Raised

The finance ministry is deliberating over potential adjustments to the new income tax rule mandating business enterprises to settle payments to micro, small, and medium enterprises (MSMEs) within 45 days. Concerns have been raised from various quarters, with some...

MSME Loan Originations Surge Amid Economic Growth

A recent report from TransUnion CIBIL and Small Industries Development Bank of India has unveiled a significant uptick in MSME loan origination volumes to Micro, Small, and Medium-sized Enterprises, registering a notable 20% year-on-year growth in the July-September period...

PM Narendra Modi Urges MSMEs to Embrace Global Standards

Madurai, Tamil Nadu: Prime Minister Narendra Modi spearheaded a transformative discourse at the 'Creating the Future – Digital Mobility for Automotive MSME Entrepreneurs' event, engaging with thousands of Micro, Small, and Medium Enterprises (MSMEs) in the automotive sector. This...

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CII Pune Launches Year-Long MSME Training Program

The Confederation of Indian Industry (CII) Pune chapter has announced a series of workshops across western Maharashtra to support...
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