Empowering MSMEs with News & Insights

Economy

39 towns have been recognized as Towns of Export Excellence under the Foreign Trade Policy

39 towns have been recognized as Towns…

New Delhi, Feb 5 (KNN) The central government has given the tag of 'Town of Export Excellence (TEE) to 39 towns under the Foreign Trade Policy (FTP)…

MSMEs still need support for 2 years, concessional tax rate of 15% extended till March 2024: Revenue Secretary

MSMEs still need support for 2 years,…

New Delhi, Feb 5 (KNN) The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate…

Bank credit to MSEs grew by 9.1% in Dec 2021: RBI data

Bank credit to MSEs grew by 9.1%…

New Delhi, Feb 3 (KNN) The bank credit to micro and small enterprises (MSEs) on year-on-year (YoY) has increased after consecutive negative growth for three…

Digital Rupee can be exchanged for cash; wiill open new fintech opportunities: PM

Digital Rupee can be exchanged for cash;…

New Delhi, Feb 3 (KNN) Prime Minister Narendra Modi has said the digital rupee, proposed in the union budget, could be exchanged for cash and will open…

Union Budget: Concessional rate dumped, foreign dividends now under tax ambit

Union Budget: Concessional rate dumped, foreign dividends…

New Delhi, Feb 2 (KNN) Concessional rate of tax on dividends received by Indian companies from foreign subsidiaries will be done away with from April 1,…

Engineering sector to benefit as low customs duty on steel scrap to help MSMEs extended: MVIRDC World Trade Center

Engineering sector to benefit as low customs…

New Delhi, Feb 2 (KNN) The continuation of low customs duty on steel scrap will ensure cheap availability of raw material for MSMEs, especially in…

Union Budget 2022: New legislation to replace SEZ Act

Union Budget 2022: New legislation to replace…

New Delhi, Feb 1 (KNN) As per the budget announcement made by the Finance Minister Nirmala Sitharaman the development of enterprises and hubs, SEZ…

Union Budget 2022: Govt to roll out Rs 6000 cr RAMP program to increase efficiency in MSME sector

Union Budget 2022: Govt to roll out…

New Delhi, Feb 1 (KNN) For MSMEs to become more efficient, the Racing & Accelerating MSME Performance (RAMP) program with the outlay of Rs…

Key Highlights for MSMEs, Startups & Taxes

Key Highlights for MSMEs, Startups & Taxes

New Delhi, Feb 1 (KNN) Union Finance Minister Nirmala Sitharaman has presented the fourth budget of the Modi government today. Lets have look at highlights…

Union Budget 2022: Finance Minister Sitharaman arrives at Parliament to announce budget

Union Budget 2022: Finance Minister Sitharaman arrives…

New Delhi, Feb 1 (KNN) Finance Minister Nirmala Sitharaman has reached the Parliament, and will start with the budget speech at 11am. 

Continuing…