Searched for
LEGISLATION FOR MSMES
Income-tax, MSME amendment Bills among key economic legislations listed for Parliament's Monsoon SessionKey economy-related bills are listed for Parliament's Monsoon Session. The Income-tax Amendment Bill aims to boost India's sovereign debt m...
Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: Supreme CourtThe Supreme Court has ruled that once a resolution plan is approved, any pending civil suits and arbitration proceedings are effectively ha...
Monsoon Session: MSME, FCRA, tax reforms on govt's house agendaParliament will consider the Foreign Contribution Amendment Bill and Income-tax Amendment Bill. A major MSME reform package will also be in...
Assam Cabinet approves land law amendments to boost investmentAssam's Cabinet greenlit a bill to boost industrial investment by easing land reclassification for sectors like MSMEs and solar energy. Fai...
West Bengal unveils jobs-led budget with tourism, North Bengal pushWest Bengal's new budget prioritizes a five-pronged revival strategy, focusing on women's empowerment, youth employment, and agriculture. K...
West Bengal plans new law to curb ‘syndicate charges’ and improve ease of doing businessWest Bengal's new government has unveiled a budget prioritizing North Bengal, tourism, and industry, with a significant move to combat 'syn...
Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...
India's foreign policy 'severely compromised', claims Kharge in INDIA bloc meet; says 'crores being deprived of voting rights'Congress president Mallikarjun Kharge criticized the Centre, alleging a compromised foreign policy and that millions are being denied votin...
Who gets what in Vijay’s Tamil Nadu Cabinet as Congress, VCK, IUML join power tableTamil Nadu's political landscape has shifted with Chief Minister C Joseph Vijay forming a 35-member coalition ministry. This new government...
Parliament passes Jan Vishwas Amendment BillParliament has passed the Jan Vishwas Bill. This legislation amends 784 provisions across 79 central laws. Minor offenses are being decrimi...
Need for an Insolvency Code tweak for the common man in Budget 2022In the post-Covid world, treatment of MSMEs need to be reassessed. According to recent Reserve Bank of India’s Financial Stability Report, ...
Parliament passes Factoring Regulation (Amendment) Bill to help MSME sectorThe Bill has incorporated many suggestions from the U K Sinha Committee. After that, the Bill was brought in September 2020 and then referr...
The real issue: Businesses need to comply with 194 labour laws, spend Rs 4.58 lakh per annumA typical MSME is required to deal with 364 compliances in a year i.e. one compliance a day, with adverse consequences including penalties ...
Unemployment major challenge, MSMEs must create 5 crore jobs to achieve USD 5 trillion economy: Nitin GadkariCurrently, MSMEs contribute 29 per cent to the country's gross domestic product and have created 11 crore jobs in recent years.
Gadkari eyes Rs 10 lakh crore revenue from e-comm project in 3 yearsHe said the government will encourage MSMEs to contribute more towards exports, how they could contribute to overall economic growth and al...
Simpler set of laws soon for MSME sectorMSMEs in services have increased in number and range of activities.
Telangana to set up industrial health clinics to revive MSMEsNoting that 70-75 per cent jobs are provided by the MSME sector, he said there is a need to protect units in the sector.