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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…

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…

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