Empowering MSMEs with News & Insights

Latest News

Reduction in corporate tax cannot be done overnight but in phases because of fiscal constraint: Shaktikanta Das

Reduction in corporate tax cannot be done…

New Delhi, Feb 9 (KNN) Government is yet to take any decision on the recommendation of Chief Ministers’ panel to impose tax on cash transactions above…

There is a need to thing from industry point of view before fixing tax rates under GST: Manish Sisodia (Watch Video)

There is a need to thing from…

New Delhi, Feb 9 (KNN) There is a need to think from the industries point of view before fixing tax rates under Goods & Services Tax (GST), said Manish…

Anti-dumping duty on steel items extended

Anti-dumping duty on steel items extended

New Delhi, Feb 9 (KNN) India has extended the anti-dumping duty on certain cold-rolled flat steel products from four nations by two months with the view…

MSMEs will have to pay only 25% tax even if turnover crosses Rs 50 cr in FY 17

MSMEs will have to pay only 25%…

New Delhi, Feb 9 (KNN) CBDT Chairman Sushil Chandra has clarified that the MSMEs that had a turnover of less than Rs 50 crore in 2015-16 will have to pay…

DIPP to seek Cabinet nod on scheme for leather sector

DIPP to seek Cabinet nod on scheme…

New Delhi, Feb 9 (KNN) The Department of Industrial Policy and Promotion (DIPP) is planning to seek Cabinet’s approval for a scheme related to leather…

RBI cancels licences of The State Transport Employees Co-operative Bank and Shri Chhatrapati Urban Co-operative Bank

RBI cancels licences of The State Transport…

Mumbai, Feb 9 (KNN) Reserve Bank of India (RBI) has cancelled the banking licence of The State Transport Employees Co-operative Bank Ltd., Ahmedabad (Gujarat)…

UP Elections: Congress promises a New Industrial Policy with focus on MSMEs, improved credit facilities for SSIs

UP Elections: Congress promises a New Industrial…

Lucknow, Feb 9 (KNN) Congress, in its manifesto for UP Assembly Elections, has promised to come up with a New Industrial Policy with emphasis on micro,…

Textiles Ministry holding Stakeholders’ Meeting of Silk Industry on Feb 10

Textiles Ministry holding Stakeholders’ Meeting of Silk…

New Delhi, Feb 9 (KNN) The Ministry of Textiles is holding a stakeholders’ meet of silk industry to seek inputs for the National Textile Policy, which…

DGAD probing illegal dumping of Rubber: Sitharaman

DGAD probing illegal dumping of Rubber: Sitharaman

New Delhi, Feb 9 (KNN) Government is conducting anti-dumping probe over illegal dumping of rubber in the country which adversely impacts the domestic industry.

Govt has taken several measures for MSMEs in the wake of demonetization: MoS MSME

Govt has taken several measures for MSMEs…

New Delhi, Feb 8 (KNN) In the wake of demonetization, government has taken several steps for micro, small and medium enterprises (MSMEs), Minister of State…

'GJEPC has intensified measures for corporatization of MSME units in diamond cutting and polishing'

'GJEPC has intensified measures for corporatization of…

Mumbai, Feb 8 (KNN) The Gems & Jewellery Export Promotion Council (GJEPC) has intensified measures for corporatization of MSME units in diamond cutting…

No limit on cash withdrawal from Savings Accounts from March 13: RBI

No limit on cash withdrawal from Savings…

Mumbai, Feb 8 (KNN) The Reserve Bank of India (RBI) today said there would be no limit on cash withdrawal from Savings Accounts from March 13, 2017.

RBI keeps repo rate unchanged at 6.25%

RBI keeps repo rate unchanged at 6.25%

Mumbai, Feb 8 (KNN) In line with what the experts predicted, the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.25 per cent.

The Monetary…

Though in terms of numbers MSME cos may dominate, this is not true in relation to output: C Rangarajan on Corp tax cut

Though in terms of numbers MSME cos…

Hyderabad, Feb 8 (KNN) Former Reserve Bank of India (RBI) governor C Rangarajan has said that though in terms of numbers MSME companies may dominate, this…

Piyush Goyal to launch TAMRA Portal & Mobile App to ensure transparency in Mining Operations Clearances

Piyush Goyal to launch TAMRA Portal &…

New Delhi, Feb 8 (KNN) With an objective to enhance transparency and accountability as a part of the Ease of Doing Business in the Mining sector, Union…

J&K CM asks local industry to absorb more and more local youths to address unemployment issue

J&K CM asks local industry to absorb…

Jammu, Feb 8 (KNN) Stressing that development of local industry is the thrust area for J&K Government, state chief minister Mehbooba Mufti said the…

MSME Ministry in consultation with other Ministries is examining report on National MSME Policy: Kalraj Mishra

MSME Ministry in consultation with other Ministries…

New Delhi, Feb 8 (KNN) The Ministry of Micro, Small and Medium Enterprises (MoMSME) in consultation with other ministries is examining the report on formulation…

Lok Sabha passes Payment of Wages (Amendment) Bill

Lok Sabha passes Payment of Wages (Amendment)…

New Delhi, Feb 8 (KNN) The Lok Sabha on Tuesday passed the Payment of Wages (Amendment) Bill after which the employers will soon be able to pay wages only…

No proposal to set up National Consumer Safety Authority or have separate legislation for e-commerce platforms

No proposal to set up National Consumer…

New Delhi, Feb 7 (KNN) There is no proposal for setting up of National Consumer Safety Authority, said Ministry of Consumer Affairs, Food & Public Distribution…

Dept of Consumer Affairs has issued advisory to States on levy of Service Charge by Hotels

Dept of Consumer Affairs has issued advisory…

New Delhi, Feb 7 (KNN) The Department of Consumer Affairs has issued an advisory to the State Governments on levy of Service Charge by Hotels, the Parliament…

SUBSCRIBE TO OUR MAILING LIST

Get the latest updates from KNN

Your e-mail will be secure with us. We will not share your information with anyone !