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MSMES COMPLIANCE BURDEN
India’s MSMEs are no longer digitising for compliance alone: Tally’s Tejas GoenkaAs MSMEs accelerate their digital transformation journey, technology is becoming central to growth, efficiency, and resilience. Tejas Goenk...- 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 Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffThe United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibiti...
- Manufactured monopoly: How industrial policy is structuring monopolies in IndiaIndia's industrial strategies are shaping a landscape where giant corporations thrive while smaller enterprises struggle to keep up. Polici...
- Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
- A 1% problem that can derail India’s factory lines as tiny screws throw big tantrumsA recent analysis highlights that stringent regulations on fasteners, a seemingly minor expense, are leading to significant production hurd...
- India's digitalisation reforms improved productivity in MSMEs: IMF paperA working paper by the International Monetary Fund said digitalisation of public administration in India has boosted productivity among MSM...
- Compliance squeeze, global scrutiny redefine India’s $30 billion pharma export playbookAs global markets prioritise quality and regulatory trust, India’s pharma sector is recalibrating beyond its traditional cost advantage.
- What Noida's factory protests mean for India's wage debateFactory workers' protests in Noida have reignited India's minimum wage debate. Rising inflation erodes real wages, impacting workers' purch...
- India–New Zealand $20 billion FTA: List of sectors set to gain ground as the deal kicks inIndia and New Zealand have signed a Free Trade Agreement. This pact offers zero-duty access for most Indian exports. Key sectors like texti...
- India inks 'once-in-a-generation' free trade agreement with New Zealand after a decade of talksIndia-New Zealand FTA: India and New Zealand have inked a landmark free trade agreement, a "once-in-a-generation" pact opening new avenues ...
- ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
- Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEsIndustry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
- Rajya Sabha clears Jan Vishwas BillThe Rajya Sabha has approved the Jan Vishwas Bill. This legislation amends 784 provisions across 79 central Acts. It decriminalises 717 pro...
- 500 micro cuts: Compliance burden weighs heavy on MSMEs that have to adhere to over 500 micro regulations every yearEntrepreneurs face a complex web of regulations, hindering growth. MSMEs bear a disproportionate compliance burden. The govt is working to ...
- Regulatory overload: MSMEs face Rs 13 lakh yearly compliance costs, over 1,000 regulations and high jail risk, says reportTeamLease Regtech’s latest report highlights that a single manufacturing unit of an MSME is required to adhere to 998 unique obligations, t...
- MSMEs demand supportive compliance frameworks as QCO burden mountsQuality norms should be designed to support MSMEs rather than stifle their growth, say industry leaders.
- Excessive data regulation can impede business expansion of MSMEs, says surveyMost respondents highlight the importance of targeted advertising, expressing concerns about losing ad targeting capabilities on platforms ...
- Economic Survey: Ease of compliance for MSMEs required to unleash growthThe Economic Survey emphasizes easing licensing, inspection, and compliance for MSMEs. Reforms in urban development, regulatory compliance,...
- Budget 2024: Key GST-related challenges MSMEs expect to be addressedUnion Budget 2024 might introduce GST reforms favoring MSMEs, critical to GDP, employment, and exports.
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