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MSME NEW DEFINITION
World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...- India's industrial moment: How AVEVA is turning data into the new competitive edgeIndian industries are investing heavily in digital transformation but face challenges in using their data. AVEVA's industrial intelligence ...
- Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
- Merger & Acquisition rules for small cos may be relaxed to ease complianceThe MSME and corporate affairs ministries are considering easing M&A rules and reducing compliance requirements for smaller enterprises. Pr...
- View: The present format of WTO negotiations may push India's MSMEs to a cornerIn principle, the proposal on the table suggests that a large firm, say, with a ₹900 crore turnover, and another with, say, less than a ₹1 ...
- Finance Minister announces revised MSME definitions; no difference between manufacturing and service enterprisesAn MSME with an investment limit of Rs 10 cr and a turnover of less than Rs 50 cr will be called a small unit.
- Government widens ambit of Rs 3 lakh crore MSME credit guarantee schemeThe maximum amount of guaranteed emergency credit line (GECL) funding under the scheme would also correspondingly increase from Rs 5 crore ...
- CBDT to start sharing depreciation, turnover info of small biz with MSME MinistryAfter 14 years since the MSME Development Act came into existence in 2006, a revision in MSME definition was announced in the Aatmanirbhar ...
- New process for MSME registration begins July 1 onwardsUdyam Registration can be filed online based on self-declaration with no requirement for documents of proof, barring Aadhar, as per the not...
- SBI working on setting up e-commerce portal for MSMEs: Rajnish Kumar"This is one of the things that MSME Minister Nitin Gadkari once mentioned about Bharat Craft where SBI will develop this platform. We are ...
- MSME definition widened further to include firms with up to Rs 250 cr turnoverThe Union Cabinet on Monday said it has approved and further revised the definition of MSMEs in the country.
- Medium company turnover limit may be doubled for MSME benefitsFinance minister Nirmala Sitharaman had on May 13 announced a new definition for MSMEs as part of the ₹20 lakh crore economic stimulus pack...
- With a low 'turnover' threshold, Government's new MSME definition sows confusionThe dual eligibility criteria of investment and turnover in govt's new MSME definition has led to confusion.
- Government to soon change definition of MSMEs: Nitin GadkariThe update in the definition of MSMEs may allow a single definition for purposes related to taxation, investment, etc. The new definition i...
- What’s in a classification? Everything if you are an MSMEOne important advantage that the new definition is expected to deliver is a better understanding of the credit needs of the MSME units by t...
- Budget 2014: Government unveils steps to revitalise MSME sectorFinance Minister Arun Jaitley also announced that the definition of MSME will be reviewed to provide for a higher capital ceiling.
- MSEs majority owned by SC/ST to get quota in govt procurementThe policy also earmarked 4 per cent share out of this 20 per cent procurement from MSEs owned by SC/ST entrepreneurs.
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