Company Law : The guide explains practical steps to identify MSME-registered vendors despite no official lookup system. It highlights documentat...
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...
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...
Custom Duty : Delhi High Court orders release of a startup's goods held by Customs, citing an inexplicable delay and directing a review of polic...
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...
Ministry of MSME has revised the MSME registration process w.e.f 01st July 2020. It is now known as ‘UDYAM REGISTRATION’. The Term Udyam is equivalent to Enterprises in English. Hence all the Micro, Small or Medium Enterprises has to obtain UDAYM Registration to avail the benefits of various schemes run by the govt. for the […]
To make the professionals, businessman and entrepreneurs to have an introduction cum information about the legal provisions related to MSME, a new series is being launched in which all the relevant legal provisions and rules will be discussed along with legal references. Efforts have been made to keep the language very simple so that even […]
Introduction: > The Central Government, after obtaining the recommendations of the Advisory Committee in this behalf, notified following: > Certain criteria for classifying the enterprises as micro, small and medium enterprises > Specifies the form and procedure for filing the memorandum (Udyam Registration), w.e.f 1st day of July, 2020 Classification of Enterprise: How to become MSME? […]
UDYAM REGISTRATION Union Ministry of Micro, Small and Medium Enterprises (MSME), vide its Notification Dated 26.06.2020: A. Notifies the new definition of MSME, B. Specifies the new form and procedure for registration under MSME, known as – “Udyam Registration”, and C. Mandated the re-registration of existing MSMEs on the new Udyam Registration portal. In that […]
The Enterprises which are engaged in the manufacture or production, processing or preservation of goods or the enterprises which are engaged in providing or rendering of services, up to a specified limit, are known as Micro or Small or Medium Enterprises, as per their respective limits as given below: Interpretation It mean only those enterprises […]
The Ministry Of Micro, Small And Medium Enterprises notifies certain criteria for classifying the enterprises as micro, small and medium enterprises and specifies the form and procedure for registration (hereafter to be known as ―Udyam Registration) as MSME, with effect from the 1st day of July, 2020, vide notification number S.O. 2119(E) dated 26th June, […]
MEANING: The Enterprises which are engaged in the manufacture or production, processing or preservation of goods or the enterprises which are engaged in providing or rendering of services, up to a specified limit, are known as Micro or Small or Medium Enterprises, as per their respective limits as given below: Interpretation It mean only those […]
MSME in the country will now be known as ‘UDYAM’ The Union Ministry of Micro, Small and Medium Enterprises (MSME), vide the notification dated 26th June, 20201, declare new process of classification and registration of enterprises as MSME. Highlights of this Notification are: An enterprise for this purpose will be known as ‘UDYAM’ and its […]
Ministry of Micro, Small and Medium Enterprises vide notification dated 26th June, 2020 notifies certain criteria for classifying the enterprises as micro, small and medium enterprises and specifies the form and procedure for filing the memorandum i.e. Udyam Registration with effect from the 1st day of July, 2020. Article explains about Classification of MSME enterprise, […]
Summary of Notification issued stating revised guidelines on Udyam Registration and classification of MSME (W.E.F. 1st July 2020) The ministry of micro, small and medium enterprises (MSME) had on June 1, 2020 notified new criteria for classification of MSMEs based on investment and turnover, to be effective from July 1, 2020. Based on the same, […]