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Tuesday, April 15, 2025

Finance

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...

Approach to GST Litigation Workshop: Expert Insights

Mumbai, 23rd February 2024: Taxpayers across the country, including MSMEs and large corporate houses, are facing increasing instances of tax notices, summons, queries and investigation from the Central and State GST authorities in recent months. Ms. Anindita Chatterjee, Partner...

Mahindra Finance Partners with Lendingkart for SME Lending Initiative

Mahindra Group's non-banking financial company (NBFC), Mahindra & Mahindra Financial Services (Mahindra Finance), has stepped into the co-lending market for the small and medium enterprise (SME) sector through a strategic partnership with digital MSME lender Lendingkart. This collaboration aims...

Mahindra IBM Super App: Revolutionizing Financial Inclusion

Mumbai, 12th February 2024: IBM (NYSE: IBM) & Mahindra & Mahindra Financial Services Limited (Mahindra Finance) today announced a strategic collaboration to build a super app that would serve as a single digital interface for consumers to access multiple businesses within Mahindra Finance. The Mahindra IBM...

Fiscal Deficit Projection: Expert Analysis on Interim Budget 2024-25

February 5, 2024: Economists and tax experts have commended the central government's Interim Budget 2024-25 for prioritizing infrastructure investment while surpassing earlier fiscal deficit projection. Dr. Soumya Kanti Ghosh, Group Chief Economic Advisor at the State Bank of India, anticipates...

YES BANK RXIL Trade Finance: Digital Innovation Milestone

Mumbai, January 16, 2024 – Marking a significant milestone in the Indian banking sector, YES BANK has become the first bank in India to conduct an export finance transaction on the International Trade Financing Services Platform (ITFS) of RXIL...

Tips to build enigmatic businesses as a student

Are you a student ready to take the business world by storm? Buckle up, because we've got an exciting adventure in store for you! Building enigmatic businesses as a student is like mastering a secret code – it's thrilling,...

International MSME day to highlight India’s MSME era

International MSME Day celebrates all fellow startup founders, business owners, and micro businesses to acknowledge their helping hand towards the country and making the globe a better place to live. Micro, Small, and Medium ventures have grown tremendously since...

‘Nirmaan’ Designed for MSMEs To Overcome Challenges While Growing Their Businesses; Shalinee Mimani, CRO, Godrej Capital

Godrej Capital has recently launched its own digital platform - Nirmaan, a platform that provides a range of services to MSMEs, including access to credit, marketing support, legal and regulatory compliance assistance, and upskilling opportunities. The platform is designed to help...

Latest News

MSEs Dues Cross ₹50,000 Cr Despite Reforms

India’s micro and small enterprises (MSEs) are grappling with a persistent and growing challenge—delayed payments. Despite multiple government interventions...