The Indian MSME (Micro, Small, and Medium Enterprises) sector has experienced significant expansion in bank credit deployment, reflecting the government's emphasis on prioritizing lending to sectors crucial for socio-economic development.
As per the latest data released by the Reserve Bank...
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...
The Ministry of finance has launched the Scheme ‘Vivad se Vishwas’ to assist the MSME’s who got impacted during Covid 19 as settlement scheme for Micros, small and medium (MSME) based business. The last date of submission to claim...
Here are some of the finest points extracted from the Budget 2023 laid out by the
Honourable Finance Minister Nirmala Sitharaman:
Key focus is on empowering youth, Digi locker, Data Emabssy, Agri acceletor fund,
AI innovative Lab, Green Hydrogen mission to lessen...
The Modi government presented the Union Budget 2019. It majorly focuses on simplifying and modernizing the tax structure. There aren’t any changes in personal income tax rates. However, the Govt. has levied an additional surcharge on the rich.
Key Takeaways...
Prime Minister Narendra Modi hinted that Union Budget 2019-20 is a future-oriented roadmap to fulfill the dream of becoming 5 trillion dollar economy.
Prime Minister Narendra Modi issued a letter welcoming Union Budget 2019-20 and congratulated the first woman Finance...
Union Minister Suresh Prabhu stated an entity could be considered startups as much as a length of 10 years from the date of integration, in place of seven years.
Union Minister of Commerce and Industry Suresh Prabhu announced that startups...
MAOI foresees Imminent collapse of the Indian MRO Industry
In the Interim Budget 2019 stating that despite the Government’s focus on developing and growing the Aviation sector, the Finance Ministry completely ignored the sector as well as its immediate ancillary...
In the upcoming Union budget, which will be presented on February 1, 2019, there is no doubt that farmers in India would be given more topmost priority. But due to the lack of employment, manufacturing sector also requires critical...
Over the most recent two years, that representational difficulties looked by businesses ensuing to demonetization and the presentation of GST, the year 2019 is probably going to be a positive year for MSME. While the money crunch portrayed the...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....