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...
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...
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...
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 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...
The Maharashtra MSME Defence Expo 2024, held at the International Exhibition and Convention Centre Moshi in Pune, has garnered immense attention with a footfall surpassing expectations. Organized by the Government of Maharashtra, the three-day event aims to showcase the...
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...
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...
Small and Medium Enterprises (SMEs) stand as pillars of innovation and economic vitality. As aspirational business owners seek to chart a course toward success, examining the trajectories of thriving SMEs becomes both instructive and inspiring. In this blog, we...
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...
