MSME segment has risen as an exceptionally lively and dynamic area of the Indian economy. The sector contributes around 8% of India's GDP, 40 % of the exports and 46% of the manufacturing output. The development in the manufacturing...
It is an undisputed truth that fintech has the capability to play a giant position in shaping India’s economy within the near future. Fintech has emerged now not as a replacer, but as an enabler as a monetary industry...
MSME Credit Scheme: The Micro, Small and Medium Enterprises (MSMEs) contribute 29 percent to India’s GDP and generate employment possibilities for over 100 million individuals. If the CII survey is to be believed the field has created essentially the...
The Himachal Pradesh executive has decided to enable entrepreneurs establishing, micro, small and medium businesses (MSME) in the state to put into effect their initiatives via a process of self-certification for as much as two years. The move, like...
As the stage is placed for Narendra Modi to board upon his second innings as a Prime Minister of India, all were waiting to know what ministry will be chosen in the NDA’s new cabinet in swearing ceremony.
However, the...
The Ministry of MSME has launched new recommendations for the “Digital MSME" Scheme for advertising of Information & Communication Technology inside the Sector. This scheme is a part of the Credit Linked Capital Subsidy Scheme for Technology Up-gradation (CLCS-...
On the 30th of June, 2017, at the stroke of the midnight hour, Industrial India had its own “Tryst with Destiny” as President Pranab Mukherjee pressed a button to electronically introduce the Goods and Service Tax in India.
For the...
Thane is the 3rd most industrialized district in the State and industrially advanced district of Maharashtra. Thane-Belapur-Kalyan business belt is the Centre of incredibly advanced modern industries. The business boom within the district, however, is focused on this commercial...
Mumbai, March 2019: The Indian excess inventory market estimated at the US $30 Billion across verticals is all set to emerge as the fastest growing industry in Calendar Year (C.Y.) 2019. Monopolized by the unorganized segment until a few...
Many financial incentives are implemented by the Government of India for selling an investment in the Food Processing sector. Any of the key incentives are discussed below:
Section 80-IB of the Income-tax Act 1961:
Section 80-IB of the Income-tax Act, 1961...