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Saturday, November 23, 2024

MSME Policies

As a relief to MSMEs, I-T refunds worth Rs 5,204 Crore issued in last 10 days: CBDT

The Central Board of Direct Taxes (CBDT) today said that Income tax refunds to nearly 8.2 lakh small businesses (proprietors, firms, corporate and trusts) worth Rs 5,204 Crore have been issued since 8th April 2020. These income tax refunds...

Why investors in India are only focusing on startups at the cost of SMEs?

In recent years, there’s been huge investing pouring in for startups in India, predominantly in the technology domain whether its mobile apps based services or online retail.  However, recent media reports have suggested that venture capital funding and deals...

Interest Subvention Scheme – How can SMEs in India Benefit from it?

Indian Government made few amendments within the interest subvention schemes for MSMEs. It’s launched with an objective to offer incentives to small businesses for onboarding on the GST platform, which has been changed to in addition raise the MSME...

MSME Development Act – Has the act profited SMEs in India?

In a country messed up with corruption and bureaucracy, a huge step by the Government in 2006 that promised to help the MSME sector turned into a breath of sparkling air. The MSME Development act of 2006 became enacted...

The Role of Government Policies and growth of SME Sector in India

The development story of Small and Medium firms (SMEs) thus far has been convincing, a lot, so that it's believed this sector will emerge as the main driver of financial progress in the nation. And giving an extra fillip...

8 Major Government Schemes for Women Entrepreneurs

While conditioning, patriarchy, and absence of social help from their own families may be a few reasons for numerous women entrepreneurs, for most people, lack of monetary capital may be the main roadblock on their entrepreneurial journey. So, today we...

4 Vital Loan Schemes offering Credits for MSMEs in India

MSMEs are the main pillars for the major growth of the Indian economy. These firms strive continuously to develop the entrepreneurial activity in the country with the support of technology Therefore the sector is expanding its domain for satisfying both...

RBI rules and policies for SME lending – Supporting financial status of entrepreneurs

Banks are the fundamental source of external finance for SMEs. The importance of SME in personal sectors makes this issue greater thrilling for policymakers, economic institutions, and researchers. The Reserve Bank of India has been issuing a number of...

What are the Impact of Government Policies on SME sector

The development story of Small and Medium Enterprises (SMEs) so far has been consoling, to such an extent that it is trusted this sector will rise as the main driver of financial development in the nation. What's more, giving...

How the modern changes in insolvency code will promote MSMEs

The Government of India after the presentation of I&B Code 2016 was accepting portrayal from stakeholders blocks they were looking under Insolvency and Bankruptcy Code 2016 and rules made thereunder. An insecurity feeling was seen in numerous Corporate Debtors...

Latest News

GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....