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Tuesday, November 5, 2024

GST

GST Woes for MSMEs: A Crucial Election Issue

The rollout of the Goods and Services Tax (GST) over six years ago under Prime Minister Narendra Modi's administration has left a lasting impact on India's economic landscape, particularly among micro, small, and medium enterprises (MSMEs). As the nation...

ECLGS Supports Credit Flow in MSME Sector to Bring Financial Stability

The Emergency Credit Linked Guarantee Scheme (ECLGS) scheme announcement made for MSME's. To shield the MSME's from unexpected financial distress and support their operational activities as it is important to note, MSME's play a significant role and contribute majorly into...

FloBiz Digitized Invoicing App ‘myBillBook’ to aid SMB’s & MSME’s: Rahul Raj, Cofounder & CEO

FloBiz Digitized Invoicing App 'myBillBook' to aid SMB's & MSME's: Rahul Raj, Cofounder & CEO All type of business be it big business or small or SMB’s want to have Invoicing is a core and require  a comprehensive billing (invoicing)...

Non-tax benefits for MSMEs for a period of three years

The MSME businesses in India are flourishing at their highest pedestal right now. Many different newcomers have started exploring the MSME space and as a result of which there is huge competition in this sector. MSMEs on upgradation and consequent reclassification can...

BC to drive banking services in rural region

Business Correspondents (BCs) played a crucial role in delivery of Direct Benefit Transfer (DBT) money to the lower section of the pyramid in the rural region, according to recent RBI Annual Report. It was BCs who played as an...

MSMEs in North Eastern Region

The Central Government has approved New Guidelines of Central Sector Scheme “Promotion of MSMEs in North Eastern Region and Sikkim”. The scheme will be implemented during 15th Finance Commission Cycle (2021-22 to 2025-26). The Scheme is envisaged to provide...

Reasons behind MSMEs Liquidity Crunch

MSME’S to face liquidity crunch on lack of efficiency, management, workplace conditions Micro, small, and medium-sized enterprises (MSMEs) play an important role in our country’s economic growth because they generate a considerable number of job opportunities in every corner of...

Amit Shah Launches the Sale of Khadi Products

The central government’s “Swadeshi” drive set off for a Pan-India expansion with the paramilitary forces’ canteens beginning the sale of handmade Khadi products. Minister of Home Affairs and Cooperation, Amit Shah, on Monday, launched the sale of Khadi products...

₹ 1,17,010 crore gross GST revenue collected in the month of September 2021

The gross GST revenue collected in the month of September 2021 is ₹ 1,17,010 crore of which CGST is ₹ 20,578 crore, SGST is ₹ 26,767 crore, IGST is ₹ 60,911 crore (including ₹ 29,555 crore collected on import of goods) and Cess is ₹ 8,754...

CGST officials bust network of 23 firms for claiming input tax credit of Rs 91 crore

Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less...
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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....
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