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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…

Rs 2 lakh cr outlay for CGTMSE will elevate financial institutions credit outreach to MSMEs: U GRO Capital MD

Rs 2 lakh cr outlay for CGTMSE…

New Delhi, Feb 2 (KNN) Reacting on the Union Budget announced on Tuesday, Shachindra Nath, Executive Chairman and Managing Director, U GRO Capital…

Capital expenditure will enable MSMEs benefit from additional capital allocation and boost job creation, FIEO

Capital expenditure will enable MSMEs benefit from…

New Delhi, Feb 1 (KNN) Hailing the Union Budget 2022-23, A Sakthivel, President, FIEO said the increase in the capital expenditure by 35.4% to Rs. 7.50…

Union Budget 2022: FADA welcomes govt initiatives to bolster electric vehicle

Union Budget 2022: FADA welcomes govt initiatives…

New Delhi, Feb 1 (KNN) The Federation of Automobile Dealers Associations of India (FADA) has welcomed and shown support to the efforts made by Government…

Union Budget 2022-23: All Industries and Trade Forum disappointed with the Budget; calls it

Union Budget 2022-23: All Industries and Trade…

New Delhi, Feb 1 (KNN) The industry was expecting some major relief on direct taxes and also the simplification of tax structure but nothing of such kind…

Union Budget 2022: Income tax remains unchanged

Union Budget 2022: Income tax remains unchanged

New Delhi, Feb 1 (KNN) The personal income tax slabs and rates have seen no changes in the Union Budget 2022-23. 

Tax deduction will be…

FISME thanks FM for acceding to MSME demand on Surety Bonds in lieu of BGs in Govt purchases

FISME thanks FM for acceding to MSME…

New Delhi, Feb 1 (KNN) The Union Budget 2022-23 marks a great departure from the regime of traditional Bank Guarantees in Government purchases.

The…

Tax return within 2 years to benefit micro enterprises: OSSIA

Tax return within 2 years to benefit…

New Delhi, Feb 1 (KNN) The announcement of tax returns within 2 years of its filling will help micro enterprises since they do not have separate departments…

Jammu MSMEs hail Budget announcements; says it will help create infra in industrial sector

Jammu MSMEs hail Budget announcements; says it…

Jammu, Feb 1 (KNN) Welcoming the announcements made in the Union Budget 2022-23, Bari Brahmana Industries Association (BBIA) said this budget will…

ECLGS extension a boon to apparel exporters: AEPC

ECLGS extension a boon to apparel exporters:…

New Delhi, Feb 1 (KNN) Conveying his thoughts on the extension of Emergency Credit Line Guarantee Scheme (ECLGS) and increasing the coverage by…

Govt to contribute for R&D in Sunrise opportunities

Govt to contribute for R&D in Sunrise…

New Delhi, Feb 1 (KNN) Acknowledging the immense potential of Sunrise Opportunities, the Union Budget presented in parliament today by Union Finance &…

A well-meaning Budget with digital push: FISME

A well-meaning Budget with digital push: FISME

 New Delhi, Feb 1 (KNN) Contrary to the thick populist air blowing across the country amidst state elections, the Union Budget 2022-23 bets high…

Union Budget 2022: Startups receive one year extension on tax incentive

Union Budget 2022: Startups receive one year…

New Delhi, Feb 1 (KNN) The tax incentive provided to eligible startups has been extended upto 31st March, 2023. 

This decision comes in…

Focus of FM on green energy and implantation of circular economy will boost MSME competitiveness and create employment: FOSMI

Focus of FM on green energy and…

Kolkata, Feb 1 (KNN) The Federation of Small and Medium Industries (FOSMI) has appreciated the announcement for extension of Emergency Credit Line Guarantee…

Reservation in defence capital for domestic manufacturing to help MSMEs: PM Modi

Reservation in defence capital for domestic manufacturing…

New Delhi, Feb 1 (KNN) Prime Minister Narendra Modi has welcomed the Union Budget 2022 tabled by Finance Minister Nirmala Sitharaman in Parliament…

Jharkhand MSME body welcomes union budget, says push to domestic production will strengthen MSMEs

Jharkhand MSME body welcomes union budget, says…

New Delhi, Feb 1 (KNN) Overall the union budget is very well appreciated as the boost to domestic production will encourage micro, small and medium enterprises…

Union Budget 2022-23: Skilling programmes and partnership with the industry will be reoriented

Union Budget 2022-23: Skilling programmes and partnership…

New Delhi, Feb 1 (KNN) The skilling programmes and partnership with the industry will be reoriented to promote continuous skilling avenues, sustainability,…

Union Budget 2022-23: Ease of Doing Business 2.0 & Ease of Living to be launched

Union Budget 2022-23: Ease of Doing Business…

New Delhi, Feb 1 (KNN) Highlighting that in the recent years over 25,000 compliances were reduced and 1486 Union laws were repealed, Union Finance Minister…

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…

ECLGS extension and PLI scheme expansion will help traders: CAIT

ECLGS extension and PLI scheme expansion will…

New Delhi, Feb 1 (KNN) Expressing satisfaction with the union budget 2022-23, the Confederation of All India Traders (CAIT) has said that the…