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Significant proportion of NPAs came from MSMEs; real loan growth to MSMEs turned negative: Economic Survey

Significant proportion of NPAs came from MSMEs;…

New Delhi, Feb 2 (KNN) The Economic Survey 2016-17 highlights that a significant proportion of increases in NPAs came from mid-size and MSMEs as smaller…

Do Economic Survey & Budget signal a movement towards labour reforms in 2017?

Do Economic Survey & Budget signal a…

New Delhi, Feb 2 (KNN) A remark made by a senior bureaucrat in the Government sums up the dilemma of all political parties when it comes to labour reforms.…

Focus on infra in the Budget will bring down logistic cost: FIEO

Focus on infra in the Budget will…

New Delhi, Feb 2 (KNN) The focus on infrastructure sector in the Union Budget will help the industry as logistic cost will come down, said Ajay Sahai, Director…

Funds allocated for textile sector will boost production, employment generation and export: Textile Association (India)

Funds allocated for textile sector will boost…

New Delhi, Feb 2 (KNN) Union Textiles Minister Smriti Irani on Wednesday said the allocation of funds for the Textile Sector will "greatly benefit"…

IIM CIP along with GIZ & Steinbeis conducting 4-day workshop on Managing Innovation in SMBs

IIM CIP along with GIZ & Steinbeis…

Kolkata, Feb 2 (KNN) IIM Calcutta Innovation Park (IIMCIP), Joka, Kolkata, in collaboration with GIZ and Steinbeis Germany is conducting a 4-day workshop…

Domestic value added manufacturing not supported by Budget; it will encourage imports: ELCINA

Domestic value added manufacturing not supported by…

New Delhi, Feb 2 (KNN) The Indian IT-Electronics sector said the Budget gives push to domestic electronics manufacturing, however, the MSMEs from the sector…

B’lore based Ujjivan Small Finance Bank starts operation

B’lore based Ujjivan Small Finance Bank starts…

Mumbai, Feb 2 (KNN) Bengaluru based Ujjivan Small Finance Bank Limited has started is operations as a small finance bank with effect from February 1, 2017.…

RBI cautions users of Virtual Currencies

RBI cautions users of Virtual Currencies

Mumbai, Feb 2 (KNN) The Reserve Bank of India has again cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about…

Presumptive income scheme for audit of entities raised to Rs. 2 cr; time period for revising tax return reduced to 12 months

Presumptive income scheme for audit of entities…

New Delhi, Feb 1 (KNN) Allowing people to claim the refund expeditiously, Finance Minister Arun Jaitley, in his Budget Speech, said the time period for…

Salient Features of Direct Tax Proposals in Union Budget 2017

Salient Features of Direct Tax Proposals in…

The Union Budget 2017 was laid before the Parliament today by the Hon’ble Finance Minister of India. The salient features of Direct Tax proposals are summarised below:

Budget is neither sweet nor bitter, says Mysuru Industries Association

Budget is neither sweet nor bitter, says…

Mysuru, Feb 1 (KNN) Mysore Industries Association (MIA) has expressed mixed reaction on the 4th Union Budget presented by the Union Finance Minister Arun…

Ministry of MSME gets the highest hike in budget allocation

Ministry of MSME gets the highest hike…

New Delhi, Feb 1 (KNN) The allocation to the Ministry of MSME, the nodal ministry for the 5 crore plus MSMEs, is miniscule when compared with the many other…

Budget is welcomed, though more was desired for MSMEs: KASSIA

Budget is welcomed, though more was desired…

Bengaluru, Feb 1 (KNN) The budget presented by Aurn Jaitley,  Finance Minister, has indeed laid welcome emphasis on infrastructure development and…

Who says what? MSME sector reacts to union budget 2017

Who says what? MSME sector reacts to…

K.E.Ragunathan, President, AIMO: The budget has helped the profit making companies to do better and doesn’t address the sick units to revive as it…

BJP State President (K’taka) reacts to Union Budget (Watch Video)

BJP State President (K’taka) reacts to Union…

New Delhi, Feb 1 (KNN) Prahlad Joshi, BJP State President (Karnataka) cum Chairman, Standing Committee on Petroleum & Natural Gas spoke to KNN on Union…

MSMEs a tad disenchanted from a politically correct budget

MSMEs a tad disenchanted from a politically…

New Delhi, Feb 1 (KNN/ FISME) Walking on a tight rope and warding off the potential ire of demonetisation critiques and election commission, Finance Minister…

Revenue forgone estimate for reduction in Corporate Tax for MSMEs is expected to be Rs. 7,200 cr per annum: Jaitley

Revenue forgone estimate for reduction in Corporate…

New Delhi, Feb 1 (KNN) Reduction in Corporate Tax Rate for MSMEs will make the sector more competitive and encourage them to migrate to company format,…

Budget and MSMEs: Reasons to cheer

Budget and MSMEs: Reasons to cheer

New Delhi, Feb 1 (KNN) Encouraging small entrepreneurs take digital route for doing business, Finance Minister Arun Jaitley proposed presumptive income…

Who says what? MSME sector reacts to union budget 2017

Who says what? MSME sector reacts to…

Milind Kamble, Chairman, DICCI, Pune: Union Budget 2017 has encouraged SC-ST entrepreneurs, the target fixed by the Finance Minister Arun Jaitley for this…

Who says what? MSME sector reacts to union budget 2017

Who says what? MSME sector reacts to…

  • Suyash Rai, Senior Consultant, National Institute of Public Finance and Policy, said, “This is a very good move as impact of demonetization…

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