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?](https://www.knnindia.co.in/uploads/newsfiles/Labours-2-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Ajay-Sahai-2-2-17.png)
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)](https://www.knnindia.co.in/uploads/newsfiles/Textile-2-2-171.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Innovation--2-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/ELCINA-2-2-171.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Ujjivan-2-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Bit-Coins-2-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Ease-Biz-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/TAX-Budget-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/MIA-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/MinMSME-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/KASSIA-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Union-Budget-000001-2-173.png)
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)](https://www.knnindia.co.in/uploads/newsfiles/Prahlad-Joshi-01-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/FISME-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/FinMin-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Economy-1-2-17.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Union-Budget-000001-2-172.png)
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](https://www.knnindia.co.in/uploads/newsfiles/Union-Budget-000001-2-171.png)
- Suyash Rai, Senior Consultant, National Institute of Public Finance and Policy, said, “This is a very good move as impact of demonetization…