Wed, May 08, 2024
How prepared are MSMEs in the changing times? How are the trends of handicraft industry? How easy has local to global become? Where are the new opportunities in the export market? How to increase participation in the global value chain? What should be the coordination between art-skill-technology? Change in business due to e-commerce? What is the industry's view on ODOP? See...'SME Express'
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Sun, Mar 31, 2024
According to Section 43B(h) of the Income Tax Act, introduced through Finance Act 2023, if a larger company does not pay an MSME on time -- within 45 days in case of written agreements -- it cannot deduct that expense from its taxable income, leading to potentially higher taxes.
Thu, Mar 14, 2024
The DGFT has been actively engaging to boost e-commerce exports from the country, leveraging its 'District as Export Hubs' initiative.
Thu, Sep 05, 2019
SBI MSME loans: ECL Finance Limited — a subsidiary of Edelweiss and SBI have signed a Co-Origination agreement to increase access to credit for MSMEs.
Small business has to face a lot of problems when it comes to finding a market place for themselves and at the same time hire people for back-office solutions. Generally, to avoid any kind of such jobs, SMEs outsource their marketing and back-office solutions to a professional. but, now they need not hire a person for this if they come to this online marketing platform.
Fri, Aug 30, 2019
GeM and SIDBI will take steps to ensure payments within a guaranteed time frame to sellers, enhance working capital availability through bill discounting and control NPAs through control of end use, a government statement stated.
Sat, Aug 24, 2019
Under the aegis of SIDBI, the IIM conducted the successful Management Development Programme (MDP) for young MSE entrepreneurs at its campus.
Tue, Aug 06, 2019
FM Sitharaman, Nitin Gadkari chair MSME meeting. To know more watch the video
Fri, Jul 26, 2019
The government's 59-minute loan scheme to Micro Small and Medium Enterprises (MSMEs) has achieved great success since its launch last year.
Thu, Jul 25, 2019
Big boost for the auto industry, MSMEs: IFC, a member of the World Bank Group, will channel $200 million into Shriram Transport Finance to primarily fund purchases of commercial vehicles and support MSMEs.
Tue, Jul 23, 2019
Five of the largest banks in India including State Bank of India (SBI), Union Bank of India, Oriental Bank of Commerce, Corporation Bank, Andhra Bank have joined hands to offer ‘PSB Loans in 59 Minutes‘ scheme to empower the MSMEs.
Mon, Jul 22, 2019
VCats program in Faridabad is the first step to establish an incubator center in Faridabad for emerging start-ups and leverage the industrial infrastructure.
Tue, Jul 16, 2019
The biggest business event in North East of India- based on the theme 'North East- Gateway to neighbouring & ASEAN Countries' - has been assured support from ASEAN countries.
Mon, Jul 15, 2019
The Union government`s 167 `transformative ideas for implementation in the first 100 days of the Modi governments second stint - that is by October 15 -- is likely to see the Finance Ministry taking measured steps turning India into a $5 trillion economy by 2025.
Fri, Jul 12, 2019
In a bid to provide exporters with training in technology and invoice factoring, Drip Capital has signed an MoU with FIEO to boost SME exports.
Fri, Jul 05, 2019
Budget 2019: The industry insiders are of the opinion that the move would bring some relief to MSMEs.
Wed, Jul 03, 2019
B2B industry has appealed to the Modi 2.0 Government to bring in reforms in the e-commerce space to realign the industry’s goals to the entire ecosystem than to just benefit the e-tailers.
Fri, Jun 28, 2019
Modi 2.0 Government today established an FFS allocating Rs 10,000 crore fund. The major objective behind this move is to provide support for the development and growth of innovation-driven startups.
The association said the move will help the sector which provides 25 lakh direct jobs to get access to loans at lower interest rates and also reduce tax burden.
Thu, Jun 27, 2019
With an aim to boost the MSME sector, the Modi 2.0 Government has asked banks to appoint a GM level official to address their issues and problems.
Wed, Jun 26, 2019
Instamojo, the full stack solutions provider for MSMEs, announced the launch of their MSME skilling platform – mojoVersity, on the occasion of World MSME Day.
Tue, Jun 25, 2019
Software firm Zoho on Tuesday said it would offer its software at a discount rate to help improve digital literacy as part of the company's plan to serve MSMEs.
The Union Budget on July 5 was likely to maintain a status quo on angel tax for startups, sources said and added the problematic issues were taken care of in February this year.
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