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TAX EXEMPTION FOR SMES
SMEs move HC against cess on exempted exportersSome small and medium enterprises have dragged the government to court over levying cesses on firms exempted from customs duty even as the ...- Budget 2019 decoded: What SMEs & Startups stand to gainStartups in India have been attracting large investments. In this exciting phase in our economy, the finance minister has laid out some imp...
- Making money: Will GST make SMEs more profitableWith over 51 million SMEs in India, it contributes 50% of the industrial output and constitutes India's 42% export earnings.
- A myth that GST will negatively impact SMEs"Much aligned to this objective, Model GST law released by the Ministry of Finance seeks to bring each person with an aggregate turnover of...
- Budget 2016: Higher tax exemption limit to encourage small businesses to expandWhile unveiling his budget for fiscal 2016-17, FM Arun Jaitley said 33 lakh small businesses avail of tax benefits under this scheme at pre...
- Budget 2016: Expect FM Arun Jaitley to raise service tax exemption for SMEsService tax limit is expected to be raised to Rs 25 lakh from the current Rs 10 lakh. The moves will mark a significant advance in ease of ...
- Phasing out tax exemptions to reduce litigation: Finance MinistryFinance Ministry said phasing out of tax exemptions will reduce litigation and lower corporate tax rates will make India a more competitive...
- Budget 2013: CII for roll back of alternate minimum tax on MSMEIn Budget 2013, the government should provide an enabling environment to Micro, Small and Medium Enterprises by reconsidering tax provision...
- Budget 2013: Create a conducive operating environment for SMEs, says CIIIn its pre-budget 2013 memorandum, CII has asked the government to create an enabling environment for SMEs.
- Budget 2012: No capital gains tax for SMEs on sale of residential propertyIn order to augment funds for SMEs, Finance Minister Pranab Mukherjee proposed to exempt capital gains tax on sale of a residential propert...
- Budget 2012 raises compulsory tax audit limit for SMEsPranab Mukherjee on Friday raised the limit for compulsory tax audit for Small and Medium enterprises (SMEs). For SMEs, the turnover limit ...
- Manufacturing set to get tax boost in new policySMEs employed 69 mn people in 2009-10, up 137% from 29 mn in 2005-06, making the sector the 2nd largest employer after agriculture.
- Budget 2011: Smaller IT cos to feel tax pinch more, take margin hitIndia’s small and medium-sized IT firms will be hit hard by the decision to end tax exemption for software units and impose MAT on SEZ unit...
- As STPI tax breaks end, tech SMEs dial SOSThose whose ears are close to the multitude of small and medium sector IT companies in the country can already hear a moan, as the date nea...
- Retain STPI tax holiday, Raja urges ManmohanA Raja, in a letter to prime minister Manmohan Singh, has asked for extention of STPI scheme, as a commitment in this regard has been made ...
- Small and medium IT firms disappointed with budgetSmall and medium IT enterprises Friday were disappointed with the 2008-09 budget, saying it has not extended the Software Technology Parks ...
- Budget’s not enough, SMEs demand moreHeralded as one of the pillars for India’s future economic growth, small and medium enterprises (SMEs) seem to be finally getting due atten...
- Industry body wants more sops for north-eastIn the first round of pre-budget 2007-08 meetings, Indian Chamber of Commerce (ICC) has urged the finance ministry to consider special ince...
- Indian SME sector should reposition itself: CIIThe CII said that the Indian small and medium enterprises (SME) sector should reposition itself to achieve compatibility with the changing ...
- Kelkar calls Nasscom for talks on tax regimeTHE National Association of Software and Service Companies has been invited for detailed consultations by Vijay Kelkar, who heads the panel...
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