India Budget 2024: Finance Minister Sitharaman extends a helping hand to MSMEsBudget 2024: Finance Minister Nirmala Sitharaman announced a new credit guarantee scheme aimed at facilitating term loans for Micro, Small,...
23 Jul, 2024, 03.25 PM IST
Budget 2024: Govt may relax 45-day payment rule for MSMEsThe government is considering relaxing the 45-day payment requirement to MSMEs to prevent large corporations from seeking other sourcing op...
09 Jul, 2024, 05.39 PM IST
Interim Budget 2024: MSMEs want to see execution of policies, express cautious optimism on announcementsAmong some of the measures announced include the establishment of a corpus of Rs 1 lakh crore to give interest-free loan for tech-savvy you...
01 Feb, 2024, 03.05 PM IST
Budget 2024: MSME expects special package from Sitharaman on February 1MSME sector urges Finance Minister Sitharaman for special package in interim Budget 2023-24 to ensure increased access to credit at competi...
19 Jan, 2024, 05.37 PM IST
Tamil Nadu collating comprehensive MSME database to inform policymaking, address challengesThe Chennai edition of the ET Make in India MSME Regional Summit 2023 brought together industry experts, government officials, entrepreneur...
19 Jun, 2023, 05.51 PM IST
MSME sector to soon become the largest employer of the country: B B Swain, MSME SecretaryThe government is working towards a comprehensive and coordinated response to help the MSME sector face the current challenging phase, B B ...
22 Mar, 2023, 10.31 AM IST
Finance Ministry asks depts, CPSEs to refund 95% of performance/bid security forfeited from MSMEs till March 2022All contractors or suppliers registered as micro, small and medium enterprises (MSME) with the Ministry of MSME as on March 31, 2022, would...
06 Feb, 2023, 07.49 PM IST
Presumptive taxation eligibility limits enhanced for professionals and MSMEsEarlier MSMEs with annual turnover up to Rs.2 crore and Professionals with income up to Rs.50 lakh were allowed to go for presumptive taxat...
03 Feb, 2023, 08.07 PM IST
Budget 2023: MSMEs set to get money on time as deductions go to actual paymentsMSMEs are supposed to receive payments within 45 days if there is an agreement and/or within 15 days, if there is no agreement,” said Sanja...
02 Feb, 2023, 01.38 PM IST
MSMEs to be returned 95% of fines imposed during CovidThe budget has also paved the way for easier flow of collateral-free funds, lower cost of funds and timely payments to MSMEs besides easier...
02 Feb, 2023, 01.35 PM IST
Budget 2023: Credit guarantee scheme continuation to boost MSMEsNirmala Sitharaman expects this step to create a flow of Rs 2 lakh crore of additional collateral-free guaranteed credit to the sector know...
01 Feb, 2023, 03.56 PM IST
What’s in the Budget for MSMEs? Here’s a quick guideBudget 2023 lays down a slew of measures to boost growth and provide support to the entire MSME community. Here are the key takeaways.
01 Feb, 2023, 03.43 PM IST
Budget 2023: Sitharaman enhances presumptive taxation limits for MSMEs, certain professionalsMicro enterprises with a turnover of up to Rs 2 crore and certain professionals with a turnover of up to Rs 50 lakh can avail the benefit o...
01 Feb, 2023, 01.52 PM IST
Union Budget 2023: Rs 9,000 crore to be infused in revamped credit guarantee scheme for MSMEsAccording to the Economic Survey 2022-23 tabled in Parliament on January 31, the recovery of India's MSMEs was advancing swiftly.
01 Feb, 2023, 01.48 PM IST
Budget 2023-24: Generating New jobs must be top priorityThere are about 60 million MSME units which were providing about 110 million jobs and there contribution to GDP and Export had been about 3...
31 Jan, 2023, 01.21 PM IST
Budget 2023: Govt may put cash in hands of businesses especially MSMEs, says EEPC India chairmanEEPC India chairman Arun Kumar Garodia said that the support under the Emergency Credit Line Guarantee Scheme (ECLGS) in the wake of the Co...
26 Jan, 2023, 08.47 PM IST
Budget 2023: From tax benefits to TReds expansion, the much-needed measures for MSMEsConsidering the slowdown in the economy last year, MSMEs, which form a major part of the Indian value chain, are expecting a big relief and...
06 Jan, 2023, 10.12 AM IST