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Google-backed DotPe helping retail businesses go digital

Google-backed DotPe helping retail businesses go digital

New Delhi, Feb 3 (KNN) The pandemic impacted retail businesses adversely, particularly those beyond metro cities, when they were losing revenues due to…

Kerala MP Eden calls out govt for not providing aid to MSMEs hit by covid-19 pandemic

Kerala MP Eden calls out govt for…

New Delhi, Feb 3 (KNN) The small-scale industries, MSME sectors and the tourism industry in the country have been drastically impacted due to Covid-19 pandemic,…

Crypto assets should be treated fairly, industry seeks waiver of 1 per cent TDS

Crypto assets should be treated fairly, industry…

New Delhi, Feb 3 (KNN) In her union budget for 2022-23, Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual…

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…

Haryana Court's stay on 75% job quota brings respite to MSMEs

Haryana Court's stay on 75% job quota…

New Delhi, Feb 3 (KNN) The order to give 75 per cent job reservation in private for domiciles of Haryana has been stayed by the Punjab and Haryana High…

No official record of MSME units shut due to pandemic; new discount scheme awaits: Piyush Goyal

No official record of MSME units shut…

New Delhi, Feb 3 (KNN) There is no official data on how many MSME units were shut down due to Covid-19 pandemic, however the government is cognizant that…

FM to roll out easy e-commerce rules for gems and jewellery soon

FM to roll out easy e-commerce rules…

New Delhi, Feb 3 (KNN) Commerce Secretary BVR Subrahmanyam has said that reduction of import duty on cut and polished diamonds and gemstones to 5% and zero…

Simplification of indirect tax will support MSMEs & Exports: CBIC Chief

Simplification of indirect tax will support MSMEs…

New Delhi, Feb 3 (KNN) Some of the key indirect tax amendments announced in the union budget directed towards bringing simplification will support Make…

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…

Revised interest equalisation scheme to be notified soon: Commerce Secy

Revised interest equalisation scheme to be notified…

New Delhi, Feb 3 (KNN) An improved and modified interest equalisation scheme for exports will be notified soon, Commerce Secretary B V R Subrahmanyam told…

Budget encouraging electronics ecosystem, says Electronic Industries Association of India

Budget encouraging electronics ecosystem, says Electronic Industries…

New Delhi, Feb 2 (KNN) The Annual Union Budget, is no longer limited to ‘annual’ policy document tweaking tax rates and procedures or limited…

RBI to unveil first ever Indian digital currency in FY23

RBI to unveil first ever Indian digital…

New Delhi, Feb 2 (KNN) The Reserve Bank of India (RBI) will launch a digital currency using blockchain and other technologies in FY23 announced Finance…

Phased Manufacturing Programme to promote domestic manufacturing of wearables

Phased Manufacturing Programme to promote domestic manufacturing…

New Delhi, Feb 2 (KNN) To promote domestic manufacturing of wearables and hearable devices, the government on Tuesday announced a new phased manufacturing…

CAIT to hold meet tomorrow with e-commerce stakeholders to draft policy suggestions; invites the likes of Amazon

CAIT to hold meet tomorrow with e-commerce…

New Delhi, Feb 2 (KNN) The Confederation of All India Traders (CAIT) is organizing a national level conference with offline and online stakeholders of e-commerce…

Finance and Banking sector reacts to Union Budget 2022-23; MSME credit lenders show appreciation

Finance and Banking sector reacts to Union…

New Delhi, Feb 2 (KNN) The Finance and Banking sector has accepted the Union Budget with much enthusiasm and satisfaction calling it a growth oriented budget…

Exports: DGFT pushes deadline for submitting applications for Scrip based FTP schemes to February 28

Exports: DGFT pushes deadline for submitting applications…

New Delhi, Feb 2 (KNN) The last date for submitting applications for Scrip based FTP schemes has been extended to 28th February, 2022 with immediate…

January exports impressive but extension of interest equalisation scheme and others crucial: FIEO

January exports impressive but extension of interest…

New Delhi, Feb 2 (KNN) The January 2022 exports of USD 34.06 billion with a growth of 23.69 per cent has been commended by the Federation of Indian…

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,…

Women entrepreneurs left out in the budget, says Karnataka MSMEs

Women entrepreneurs left out in the budget,…

New Delhi, Feb 2 (KNN) The female entrepreneurs in the micro, small and medium enterprise (MSME) or small business segment were expecting a handful of sops…

ESC calls budget ICT centric, urges new schemes for MSMEs to support with global supply chains

ESC calls budget ICT centric, urges new…

New Delhi, Feb 2 (KNN) The Union Budget shows dependency on Information, Communication and Technology (ICT) sector, but we hope the government will…