MSMEs

Tuesday, Apr 16, 2024 | Last Update : 06:42 PM IST

G-20, COP-27 energy discourse must include more demand-side requirements: TERI

The policy brief also highlights the gap in gender inclusion policies covering the transport, MSMEs, and agri sectors in the G-20 countries

02 Nov 2022 12:00 AM

Through existing collaborations with the Confederation of Indian Industry (CII) and the Confederation of All Indian Traders (Cait), Mastercard will provide skills training and education to small business owners on their digitisation options. — ANI

MSMEs to get $100 mn fund for digitisation

HDFC Bank will reach beyond its current customer base to make 50 pc of this credit facility available to new small business borrowers

22 Oct 2021 7:31 AM

The conventional way to calculate taxes is by deducting the company’s total expenditure from the company’s total revenues for that period and the left-over amount would be the Net income of the business which is liable to taxes. — By arrangement

Do Business Loans Come with Tax Benefits?

Business loans can be availed for pretty much all kinds of businesses and a plethora of reasons

09 Sep 2021 9:23 PM

Union Finance Minister Nirmala Sitharaman said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme. (PTI Photo)

Banks sanctioned Rs 1.43 lakh crore loans under credit guarantee scheme: FM Nirmala

Emergency Credit Line Guarantee Scheme was launched to provide much-needed relief to the MSME sector to meet their operational requirements

14 Aug 2020 2:08 PM

The telecom industry on Wednesday reiterated the demand for a refund of Rs 35,000 crore GST credit. (PTI Photo)

Telcos seek Rs 35k cr GST refund, pending payment of Rs 20k cr from state-run firms

The telecom industry has unutilized GST input tax credit over Rs 35,000 crore for which the sector has repeatedly demanded a refund

15 May 2020 2:27 PM

Badly hit by virus lockdown, MSMEs waiting to start businesses

Confederation wants MSME within Industrial Estates to be allowed to operate with 50% labour

06 May 2020 9:52 AM

Telangana needs to regain its tax-earning capacities in the post-lockdown period. (DC Photo)

Telangana makes a departure on lockdown strategy

The state would do well to ease its lockdown restrictions in two phases

30 Apr 2020 11:19 PM

Rooftop solar installations accounted for 17 per cent of total solar installations in the first half of 2019, a decline of 45 per cent compared to H1 2018.

Solar installations drop 35 per cent in first half

However, between July 2019 and September 2019, India added more than 2.2 GW of solar energy capacity.

13 Nov 2019 3:29 AM

Finance Minister Nirmala Sitharaman (Photo: File)

Spending to start, dues to be met: Nirmala Sitharaman

However, the government aims to ensure there are no dues left, and funds should be cleared swiftly.

28 Sep 2019 4:20 AM

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat (Photo: PTI)

MSMEs key for India’s economy, says Mohan Bhagwat

The RSS chief was speaking at a function organised by Laghu Udyog Bharati, a frontal org-anisation of the Sangh Parivar, at Nagpur.

18 Aug 2019 4:44 AM

In the meeting, MSMEs are learnt to have pitched for creation of special industrial clusters across India to produce import-substitution items.

Centre promises all help to MSMEs

Finance Minister Nirmala Sitharaman and MSME Minister Nitin Gadkari met representatives from various MSME sectors on Tuesday.

07 Aug 2019 2:10 AM

In FY19, the country exported agri goods worth Rs 923 crore to China against Rs 464 crore in FY18, a growth of 99 per cent. Guar gum, fresh grapes and pulses witnessed good growth.

Agri exports to China double

In dollar terms the growth was 83 per cent from $72 million in FY18 to $132 million in FY19.

19 Jul 2019 6:49 AM

Priority Sector Lending targets of banks for lending to MSMEs to be re-oriented.

Infant MSMEs, not dwarfs, to be given sops

Examine the role of the Small-Scale Industries reservation policy.

05 Jul 2019 1:50 AM

The Committee also recommended doubling the limit for collateral-free lending to Rs 20 lakh for lending to MSMEs and self-help groups.

Panel for Rs 5,000 crore stressed asset fund for MSMEs

Speaking about FoF, the panel said such a fund will support crowd funding from venture capital and private equity firms focused on MSME investment.

26 Jun 2019 3:30 AM

Now the government has extended the GeM platform to all central public sector units.

Steps will boost MSMEs, says Piyush Goyal

Businesses with turnover up to Rs 1.5 crore have to pay only one per cent flat rate and have to file only one annual return.

02 Feb 2019 1:45 AM

Centre, RBI ask banks to step up lending to MSMEs

The RBI governor asked banks to take advantage of the MSME restructuring scheme to support viable MSME units.

29 Jan 2019 1:15 AM

It believes that the target for institutional credit to agriculture sector is likely to get enhanced to over Rs 12 lakh crore from Rs 11 lakh crore for FY2018-19.

FM may propose more loans to farmers, SMEs

The government has recently upsized the recapitalisation package by Rs 41,000 crore for public sector banks (PSBs) to Rs 1.06 lakh crore for FY2019.

25 Jan 2019 12:50 AM

RBI’s central board currently has 18 members, which include governor Urjit Patel and his four deputies. The other 13 members are nominated by the government, including two of its officials.

RBI board meet today, efforts on for accord

Just 10 out of 18 men to decide RBI’s future role, and its money.

19 Nov 2018 12:11 AM

So by giving a push to MSMEs, Mr Modi expects to boost employment. Most of the MSMEs operate in the informal sector and rural areas. (Photo: PTI)

Govt finally eases biz for MSMEs

MSMEs get just 6 per cent of their loan requirements from banks, since they are not in a position to offer collateral to the banks.

04 Nov 2018 12:00 AM

Finance Minister Piyush Goyal, who on Saturday chaired the 29th Goods and Services Tax (GST) council meeting, announced that a committee has been set up to look after the issues of Micro, Small and Medium Enterprises (MSMEs). (Photo: PTI)

GST council forms committee to resolve MSMEs issues

Goyal said that the council has chalked out certain measures to ease the issues of MSMEs.

05 Aug 2018 6:24 PM

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Aakar Patel