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MSME EXEMPTIONS
Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...- Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- In times of war: Take a risk or manage it; different, yet same. 6 small-caps from different sectors with upside potential of up to 29%Picking the right stock is easier said than done. Especially when valuations are not cheap and noise levels are high. When we say noise lev...
- Single-window system, project dashboard accelerate industrialisation in Odisha: IPICOL MDReforms streamline processes without diluting safeguards, says Aboli Sunil Naravane, MD, IPICOL
- MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
- Banks advised to link MSME loans to external benchmark by RBI: GovtThe Reserve Bank of India has directed banks to link MSME loans to an external benchmark with a three-month reset clause to improve monetar...
- 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...
- Government extends duty exemption on steel scrap"Customs duty exemption given to steel scrap last year is (being) extended for another year to provide relief to MSME secondary steel produ...
- Monetary policy: RBI provides new incentives for commercial banks to lend to MSMEsThe move will facilitate more fund flow for a sector which has been facing acute financial crunch in the aftermath of the pandemic.
- Solar power association writes to Gadkari against NTPC's tender conditionsIt said NTPC is not exempting MSMEs from payment of earnest money for bidding for its engineering, procurement and construction (EPC) tende...
- CPI preparing a memorandum on GST rates to save MSMEThe Micro, Small and Medium Enterprises (MSME) sector was seriously affected due to the higher GST rates in India, particularly Tamil Nadu.
- Budget 2019: Extend IT exemption of up to 30% to companies below Rs 25 cr turnoverIn order to resolve the financial woes of the sector, it becomes crucial for the Government to introduce a long-term solution in the Budget...
- Relief for MSMEs under IBC, promoter can bid for his enterpriseThe President’s assent to the IBC Amendment Ordinance 2018 has brought in key changes for home buyers and MSMEs.
- MSME approaches Finance Ministry to exempt Khadi from GSTAt present only Khadi yarn produced in the sector is exempted, while other Khadi products attract a 5 per cent Goods and Services Tax levy.
- Budget 2017: Jaitley reduces income tax for 96% of companies by 5%Jaitley said that the income tax for smaller companies with annual turnover upto Rs. 50 crore is reduced to 25% in order to make MSME compa...
- Karnataka seeks to exempt MSMEs trade license in municipal limitsThe State Government has proposed a set of amendments to its municipal laws by which micro, small and medium enterprises (MSME) as well as ...
- All India Association of Industries calls for comprehensive package for MSMEsAIAI in its pre-Budget memorandum to the Pranab Mukherjee has called for a comprehensive package for MSMEs in Budget 2012.
- Cabinet okay's enhanced subsidy for MSMEs in J&KThe decision to modify the Central Capital Investment Subsidy Schemes for J&K was taken at a cabinet meeting in New Delhi.
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