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MSMES LITIGATION
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...- Goods moved from SEZs to domestic markets treated as imports; duty drawback applicable on re-exportsNew Delhi has clarified a key point for exporters. Goods moved from SEZ units to the domestic market, after paying duties, will now be cons...
- Establish 'GST-like' industrial land council for dispute resolution: CIIIndustry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve dispute...
- GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
- India’s next reform push must target cost of doing businessIndia faces high business costs impacting competitiveness. Addressing credit, land, input, logistics, and compliance expenses is crucial. B...
- India’s ‘thin-file’ SMEs need smarter risk models, not more paperwork: Rubix Data Sciences’ Mohan RamaswamyAlternative data and benchmarking are helping lenders assess companies with limited disclosures, says Mohan Ramaswamy, Founder and CEO, Rub...
- FM launches GST appellate tribunal to cut tax litigationNirmala Sitharaman launched the Goods and Services Tax Appellate Tribunal. GSTAT aims to reduce tax litigation. It will provide a single ta...
- Budget 2025: Amnesty Scheme for customs may be announced to reduce litigation, say expertsFinance Minister Nirmala Sitharaman may announce an Amnesty Scheme for customs in the upcoming Budget to reduce litigation and foster ease ...
- Budget track: India Inc seeks triple boost - jobs, infra, consumptionConfederation of Indian Industry president Sanjiv Puri suggested a seven-point agenda to propel growth, including employment generation, in...
- Legalise WFH for entrepreneurs to allow credit access: MSMEsIn a submission to parliamentarians, FISME also sought reduction in cost of contractual litigation for MSMEs, insolvency rules to destigmat...
- Budget Manufacturing push: PLI boost for shoes, toys, electronicsThe government has increased the budget for the Production Linked Incentive (PLI) scheme by 33% to Rs 6,200 crore and is reviewing the PLI ...
- Fixing tax issues of small online sellers, reducing cost of litigation for MSMEs will help the sector: FISMEAt a roundtable event held recently in the capital, FISME tabled the current MSME issues plaguing the industry in a presentation to ‘Friend...
- MSMEs blame litigation tangle, cost for being a segment killerThe sluggish and ineffective legal system in India hampers entrepreneurial growth and adversely affects the MSME sector, FISME said.
- Foreign trade policy to boost business sentiment: Industry bodiesChairman of CII national committee on exports and imports Sanjay Budhia said the policy has a strong emphasis on reduction in transaction c...
- PHDCCI pitches for compulsory suspension of bank drawls in cheque bouncing casesThe chamber also suggested that the bank should make payment of bounced cheque first before making any other payment from the account of th...
- Ease of doing business, digitization helped MSMEs grow significantly says PHDCCI surveyIn 2020, India ranked 63rd in World Bank’s Ease of Doing Business EODB Report out of 190 countries, leapfrogging by 14 ranks from the previ...
- Jupitice launches digital court to resolve disputes in MSME sectorThe AI-driven platform will resolve disputes that include civil, commercial, personal, consumers under the Private Justice System.
- BoM aims to resolve 20-25 stressed MSME loans under pre-packaged resolution processEarlier this month, the government had introduced a pre-packaged insolvency resolution process for stressed MSMEs by amending the insolvenc...
- Economic Survey reveals Government’s rationale behind revising the definition of MSMEThe need for a change in definition, that's aimed at offering small firms the incentives to grow and thereby reap economies of scale was ar...
- Industry seeks fewer GST slabsThe suggestions came up on Tuesday during finance minister Nirmala Sitharaman’s pre-budget consultations with industry, trade and services ...
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