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2 mins read
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
2 mins read
Sitharaman urges tax officials to prevent doubts from escalating into grievances
Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect…
ANI
4 mins read
MSMEs on a growth path with rise in credit demand, fall in delinquency rates: CIBIL-SIDBI report
Credit demand grew at 1.29 times YoY in the quarter ending September 2022. MSME lending continues …
2 mins read
Nearly half of MSMEs witness up to 50% fall in revenues, says a new report
The findings are based on responses from 14,444 MSMEs. The survey, conducted in the second half…
PTI
2 mins read
The proposed new definition of MSME will make 90% of Indifi’s borrowers ‘micro’, says CEO
Finance Minister Nirmala Sitharaman on May 13 said that the definition of micro, small and medium e…
3 mins read
MSME sector is on a strong growth trajectory post the pandemic: SBI Research
MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…
2 mins read
Revised MSME definition to be beneficial for 'ease of of doing biz': PHDCCI
New Delhi, Dec 23 () Industry chamber PHDCCI on Monday said the definition of micro, small and medi…
PTI
2 mins read
Here’s how MSMEs can apply for loans from SBI, ICICI Bank and others
The government had also recently revised the definition of MSMEs by increasing the threshold lim…
4 mins read
Finance Minister Nirmala Sitharaman announces six measures for the MSME sector
The six measures for the Micro, Small and Medium Enterprises (MSME) include collateral-free loan…
3 mins read
Covid-19 pandemic to hit MSME exporters more: Trade experts
When asked about any numbers, he said estimating any figures of drop seems unrealistic as it would …
PTI
2 mins read
Entities with up to ₹250 crore turnover, excluding exports, to be medium enterprises
Further widening the definition of micro, small and medium enterprises (MSME), the Union Cabinet on…
1 min read
Tax rate revision will increase purchasing power of middle class: Bandhan Bank CEO
The revision in income tax rates will increase the purchasing power of the middle class sections of…
4 mins read
Indian economy projected to grow between 6-6.8% in FY24; private capex necessary for job creation: Economic Survey 2023
The pre-budget Economic Survey 2023 released on Tuesday projects India’s gross domestic product (GD…
3 mins read
Budget expectations: Homebuyers expect the budget to make property purchase easier
The government is expected to boost the sentiment of homebuyers this Budget. A key proposal from th…
3 mins read
FM announces major booster to MSMEs to revive economy, protect jobs
The interest on loans will be capped, with 100 per cent credit guarantee cover to Banks and NBFCs …
PTI
1 min read
RBI asks banks to reclassify MSMEs as per revised criteria
"We advise you to initiate necessary action for reclassification of enterprises as per the new defi…
PTI
12 mins read
The advertising industry voices its enthusiasm about the government’s steps towards boosting digital ecosystem in Union Budget 2022-23
As data and digital occupy the centerpiece of the Union Budget 2022-23, advertising agencies rejoice
2 mins read
Large number of MSMEs approaching banks for collateral-free loans: Survey
"The majority of respondents (over half) have availed moratorium from banks while fewer (27 per cen…