Income Tax : जानें कि अपने व्यावसायिक खातों को प्रभावी ढंग से ...
Income Tax : Discover the seamless process to check MSME registration by PAN number. Learn step-by-step methods and alternatives, ensuring comp...
Income Tax : Understand MSME payment obligations, due dates, and tax implications. Ensure timely payments to registered vendors to avoid income...
Finance : Explore FAQs on the recent amendment to Section 43B of the Income Tax Act, 1961, affecting MSME payments. Learn about applicabilit...
CA, CS, CMA : Explore the seamless MSME Udyam registration process and discover a multitude of benefits. From interest subvention to government ...
Income Tax : Explore how the new 43 B (h) clause of the IT Act impacts Kerala Textiles and Garments Dealers Welfare Association and their appea...
Corporate Law : The Government has taken measures for easing access to credit for MSMEs. reported by Reserve Bank of India (RBI) some of the measu...
Corporate Law : The Micro, Small and Medium Enterprises (MSME) is a highly vibrant and dynamic sector of the Indian economy with over 6 crores uni...
Corporate Law : New online system of MSME/Udyam Registration launched by Union MSME Ministry, w.e.f. 1st July, 2020, has stood the test of Time an...
Corporate Law : MSME and Small scale industries (SSI) are very important plays vital role in the economic growth of the Company because it helps i...
Corporate Law : Right now, MSME’s are in a bind, there are lot of suppliers who are not paying MSME’s their dues on time and it's causing MSME...
Corporate Law : Whether the public interest litigation (PIL) challenging non-inclusion of advocates in the definition of the word 'professionals' ...
Corporate Law : The Ministry of MSME had replaced the erstwhile Udyog Aadhaar Registration for MSME with Udyam Registration vide its Notification ...
Fema / RBI : The existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAMs) of the MSMEs obtained till June 30, 2020 sh...
Corporate Law : Govt. amends the guidelines for registration of existing enterprise under MSME Ministry Notification dated June 26, 2020; States t...
Corporate Law : Micro, Small and Medium Enterprises (Amendment) Rules, 2022 (a) the beneficiary of the fund shall be a micro or small or medium en...
Corporate Law : The electronics industry is the world’s largest and fastest growing industry with applications in all sectors of the economy. Se...
The Micro, Small and Medium Enterprises Development Act, 2006 (MSMED) succeeded the repealed ‘The Interest on Delayed Payments To Small Scale And Ancillary Industrial Undertakings Act, 1993’. One of the objects of the legislation is also to provide a single legal framework concerning the entire small and medium enterprises sector and to address their concerns. […]
The government has received some representations after its Notification dated 26/06/2020 regarding criteria for the classification of MSMEs and their registration in the new Udyam Portal. Therefore, Union Ministry of Micro, Small, and Medium Enterprises (MSME) issues a clarification on existing Entrepreneurs Memorandum (EM) PART-II/ Udyog Aadhar Memorandum (UAM), vide Office Memorandum Dated 06/08/2020. You […]
Micro, Small and Medium Enterprise (MSME), introduced by Government of India vide Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 are entities engaged in the production, manufacturing, processing or preservation of goods and commodities. An entity to be identified as a MSME shall be within the following limits as per Section 7 of the […]
Introduction to Micro, Small and Medium Enterprises (MSMEs) MSMEs stand for Micro, Small, and Medium Enterprises, these are that classes of enterprises which works and operates on small scale in comparison to big tycoon enterprises. Undoubtedly, MSMEs are small in their size but they are large in number. This MSMEs contributes in the economy of […]
MSME Clarification on existing Entrepreneurs Memorandum (EM) Part-II/Udyog Aadhaar Memorandum (UAM)/New Udyam Registration dated 6th August, 2020 No. 2/1(5)/2019- P&G/Policy (pt. IV) Ministry of MSME Office of the Development Commissioner(MSME) Ministry of Micro, Small & Medium Enterprises (MSME Policy Division) ****** Dated: 6th August, 2020 Nirman Bhavan, New Delhi OFFICE MEMORANDUM Subject: Clarification on existing […]
Whether the public interest litigation (PIL) challenging non-inclusion of advocates in the definition of the word ‘professionals’ under the MSMED Act, 2006 will be entertained by High Court?
Introduction The Micro, Small and Medium Enterprises (MSME) sector has become a highly vibrant and dynamic sector of the Indian economy in the last five decades. MSMEs not only play an important role in providing large employment opportunities at lower capital costs than large industries, but also help in the industrialization of rural and backward […]
New process of Classification and Registration of MSME is started from 1st July, 2020. An enterprise for this purpose will be known as Udyam and its Registration Process will be known as ‘Udyam Registration’.
> New Definition of MSMEs: From a legal perspective, the definition of MSMEs as under Section 7 (1) of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act) will be revised by raising the investment limit and while earlier, the Section 7(1) of the MSMED Act classified enterprises as micro, small and medium […]
The Ministry of Micro, Small and Medium Enterprises (‘MSME’), vide notification dated 26.06.2020, declared the new process of classification and registration of enterprises as MSME. This Notification comes into effect from 01.07.2020. All the existing registered enterprises are required to register again on “Udyam Portal”as per new classification. Further the registration process on the portal […]
