Empowering MSMEs with News & Insights

Economy

Cabinet approves amendment for cess removal to facilitate GST rollout

Cabinet approves amendment for cess removal to…

New Delhi, Mar 23 (KNN) The Union Cabinet on Wednesday approved the Amendment in the Customs and Excise Act, relating to abolition of cesses and surcharges…

GST will hopefully be implemented by July 1: Jaitley

GST will hopefully be implemented by July…

New Delhi, Mar 22 (KNN) Goods & Services Tax (GST) will be hopefully implemented by July 1, 2017, said Union Finance Minister Arun Jaitley adding that…

MSMEs feel there is no “tangible benefit” of going through rating exercise, it is a sunk cost: PwC Survey

MSMEs feel there is no “tangible benefit”…

Meerut, Mar 22 (KNN) More than 70 per cent of the MSMEs, according to a survey, feel there is no “tangible benefit” of going through a rating…

BSE SME a step closer to get 200 cos listed by June; 2 more firms join exchange

BSE SME a step closer to get…

Mumbai, Mar 21 (KNN) With two more companies listing on the SME exchange of BSE today, the bourse now has 167 companies listed with it.

Jaipur, Rajasthan,…

GST implementation gets a step closer; Cabinet approves draft GST bills

GST implementation gets a step closer; Cabinet…

New Delhi, Mar 20 (KNN) In an effort to ensure that GST is implemented from July 1 this year, the Cabinet has reportedly approved four Goods & Services…

Indian Sarees will not face excise duty even if undergone embroidery, stitching of lace etc: CBEC

Indian Sarees will not face excise duty…

New Delhi, Mar 18 (KNN) Indian sarees will no longer face excise duty irrespective of whether saris have undergone processes such as “embroidery,…

GST Council clears State GST & Union Territory GST laws; caps cess on luxury goods at 15%

GST Council clears State GST & Union…

New Delhi, Mar 17 (KNN) The Goods & Services Tax (GST) Council, which met on Thursday, cleared the (Union Territory GST) and SGST (state GST) draft…

22 PSBs enhance limits of SMEs, MoMSME asks MSMEs to avail enhanced limits

22 PSBs enhance limits of SMEs, MoMSME…

New Delhi, Mar 16 (KNN) As many as 22 Public Sector Banks (PSBs) have reported enhancement of limits of 38,300 small and medium enterprises (SMEs), the…

GST clause linking availability of input tax to payment of tax by suppliers not good for MSMEs: CAIT

GST clause linking availability of input tax…

New Delhi, Mar 15 (KNN) The GST clause which links availability of input tax to payment of tax by their suppliers, it will worsen the situation of MSMEs,…

64 SC entrepreneurs benefitted so far from Venture Capital Fund Scheme; 22 from Maharashtra alone

64 SC entrepreneurs benefitted so far from…

New Delhi, Mar 14 (KNN) Under the Venture Capital Fund Scheme for SC Entrepreneurs, proposal of 64 SC entrepreneurs from 17 States have been sanctioned…