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...
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
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)...
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...
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...
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...
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...
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...
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...
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...
