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MSMES JAIL PROVISIONS
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...
- As the Indian economy grows, they too will grow. Some slowly, a few faster: 8 NBFC stocks stocks with upside potential of up to 46%Let’s ask ourselves three simple questions. One: Is the financial services sector better placed after the RBI’s clean-up? Two: If an econom...
- Time to interpret RBI warning differently. 10 NBFC stocks from two very different segments with an upside potential of up to 43%It was probably the third time in the last nine months that, after its monetary policy meeting, the RBI had a word of caution for NBFCs. Ba...
- Jail term for delay in giving out ID cards: How compliance overkill mars chemical industryIt is time to do away with the complex and wide-ranging regulatory provisions in the chemical industry if the promising segment, which has ...
- Union Budget 2023: Decriminalisation proposal can make investors gung-ho about doing businessStates should now take a cue from the FM's budget announcements and accelerate initiatives at their respective levels, say industry observe...
- Budget 2023: From ‘jailed for doing business’ to ‘total harassment’ by banks, entrepreneurs seek an end to hostilitiesIndia may have taken considerable strides in ease of doing business, but it needs to do much more. The Budget can be a great avenue to get ...
- Criminal provisions of Factories Act keep MSMEs waryUnder the Factories act, even some of the basic compliances carry criminal consequences. For instance, failure to maintain office records i...
- Single-use plastic ban from July 1, gave industry enough time: Bhupender YadavThe minister sought the cooperation of all stakeholders from the industry to the public to rid the country of the menace of SUP. As per the...
- Run a business? There are 26,134 ways you can go to jailBusinesses, irrespective of their size, have to deal with complex laws, arbitrary compliances and too much discretionary powers of the bure...
- It’s a wage, not labour, crisis: Three lessons for reforming India's labour lawsThere are three lessons for reforming our dysfunctional labour laws. One, any change must be balanced. Two, any change needs evidence. Thre...
- Lockdown, Day 50: Sitharaman sets the stageThe government pledged Rs 20,000 lakh crores to take the fight to the coronavirus pandemic which has butchered the Indian economy, even as ...
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