Empowering MSMEs with News & Insights

Latest News

There is hardly any MSME unit making a profit of 8% and above: FOSMI on increase of turnover limit

There is hardly any MSME unit making…

Kolkata, Feb 29 (KNN) This is a budget which gives emphasis to agricultural sector but does not provide any benefit for MSMEs which provides maximum employment…

Auto component industry unhappy with proposed increase in tax on vehicles

Auto component industry unhappy with proposed increase…

Ludhiana, Feb 29 (KNN) President, Auto Parts Manufacturers Association, Gurupraghat Singh is of the opinion that the increase in tax proposed by the Finance…

We welcome the innovative measures for the disadvantaged section of the society: DICCI

We welcome the innovative measures for the…

Mumbai, Feb 29 (KNN) Reacting to the Union Budget 2016-17 presented in Parliament today, President, Dalit Indian Chambers of Commerce and Industry, Milind…

Budget hasn’t listed many initiatives in the field of R&D; People were expecting big jump: SMEs

Budget hasn’t listed many initiatives in the…

New Delhi, Feb 29 (KNN) As the General Budget for 2016-17 is unveiled in the Parliament, the new age start-ups and SMEs have geared up to analyze the extent…

Positive but limited measures announced for SMEs or Startup space will bring some relief to the sectors: Power2SME

Positive but limited measures announced for SMEs…

New Delhi, Feb 29 (KNN) Budget 2016-17 laid special emphasis on job creation and outlined measures to facilitate ease of doing business whilst…

Kalraj Mishra hails tax exemption for MSMEs with turnover below Rs 2 cr

Kalraj Mishra hails tax exemption for MSMEs…

New Delhi, Feb 29 (KNN) Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra has welcomed the General Budget saying that it will…

New policy will propel us to collapse: All India Gems and Jewellers Trade Federation on excise duty

New policy will propel us to collapse:…

New Delhi, Feb 29 (KNN) The General Budget presented today in Lok Sabha by the Union Finance Minister Arun Jaitley unraveled the proposal to impose an excise…

33 lakh small business people to benefit from raising limit on presumptive income tax

33 lakh small business people to benefit…

New Delhi, Feb 29 (KNN) While presenting the General Budget 2016-17 in Lok Sabha here today, Union Finance Minister Arun Jaitley said taxation is a major…

Union Budget: What becomes costlier?

Union Budget: What becomes costlier?

New Delhi, Feb 29 (KNN) As the Union Budget is announced by Finance Minister Arun Jaitley, lets have a look at how the budget would impact the common man’s…

MSME sector hails raising ceiling on presumptive income tax on micro business

MSME sector hails raising ceiling on presumptive…

New Delhi, Feb 29 (KNN) In his budget speech today Finance Minister Arun Jaitley, announced raising of the ceiling on eligible turnover limit for presumptive…

FIEO hails benefits for new SEZ units, Customs Single Window Project

FIEO hails benefits for new SEZ units,…

New Delhi, Feb 29 (KNN) The General Budget 2016-17 proposes to reduce the cargo release time and transaction costs of Exim trade. It also proposes to implement…

Corporate income tax of SMEs with turnover less than Rs 5 cr should have been lowered to atleast 25%: Experts

Corporate income tax of SMEs with turnover…

New Delhi, Feb 29 (KNN) Announcing the tax proposals in the Union Budget today, Union Finance Minister Arun Jaitley said that the corporate income tax rate…

Amendment in Companies Act 2013 was much awaited by the industry, says experts

Amendment in Companies Act 2013 was much…

New Delhi, Feb 29 (KNN) In his Budget speech, Union Finance Minister Arun Jaitley announced that a Bill shall be introduced in the current Budget session…

Increase in excise duty on branded clothes would not benefit the SMEs: Garment Industry

Increase in excise duty on branded clothes…

New Delhi, Feb 29 (KNN) The increase in excise duty on readymade garments with retail price of Rs 1000 or more would impact the garment industry but not…

Voice of MSMEs: Who says what on Union Budget 2016-17

Voice of MSMEs: Who says what on…

New Delhi, Feb 29 (KNN) As Finance Minister Arun Jaitley successfully presented his second full-fledged Budget in the Parliament today, views and comments…

Shopkeepers association hails announcement of allowing shops to open 24X7 on voluntary basis; but find implementation difficult

Shopkeepers association hails announcement of allowing shops…

New Delhi, Feb 29 (KNN) In the Union Budget 2016-17, Finance Minister Arun Jaitley said that in line with the shopping malls, the small shopkeepers wouls…

Jaitley presents the Budget

Jaitley presents the Budget

New Delhi, Feb 29 (KNN) Union Finance Minister Arun Jaitley is presenting NDA Government's second full-fledged budget today where he said despite global…

Highlights from the Union Budget 2016-17

Highlights from the Union Budget 2016-17

New Delhi, Feb 29 (KNN) As FM Jaitleys begins his Budget speech in the Parliament, let’s have a look at the highlights from the Budget.

 …

BSE SME trading high as Budget speech begins

BSE SME trading high as Budget speech…

Mumbai, Feb 29 (KNN) Ahead of the Budget speech, the market sentiments of investors on BSE SME platform was high as the market traded 2.97 per cent higher.

Budget Speech to begin in 15 minutes; a look at expectations from the Budget

Budget Speech to begin in 15 minutes;…

New Delhi, Feb 29 (KNN) The Budget Day speech would begin in the next 15 minutes. Let’s have a look at what the MSMEs expect from FM Jaitley in the…