In a notable stride towards supporting micro, small, and medium enterprises (MSMEs), the Uttar Pradesh government, led by CM Yogi Adityanath, has announced the rollback of land conversion charges imposed on industrial activity over agricultural land.
Efforts to Boost Local...
In a significant step to support micro, small, and medium enterprises (MSMEs), the Uttar Pradesh government has decided to roll back land conversion charges for industrial activities on agricultural land. This move is expected to provide relief to thousands...
Micro, small, and medium enterprises (MSMEs) constitute a vital component of India's economic framework, contributing significantly to employment and GDP. However, despite their importance, only a fraction of enterprises are actively engaged in MSME exports, presenting a considerable untapped...
The global tourism industry has witnessed a paradigm shift towards sustainable practices, with small and medium-sized enterprises (SMEs) at the forefront of this transformative movement. Green tourism, also known as eco-tourism, has gained significant traction as environmentally conscious travelers...
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...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
