Company Law : Recent ROC orders confirm that failure to file MSME Form 1 is no longer treated as a minor lapse. Non-filing leads to adjudication...
Company Law : The case clarifies that MSME-1 filing is triggered when payments to MSME suppliers exceed the 45-day limit. It emphasizes that eve...
Company Law : Companies that settle all MSME dues within 45 days are not required to file MSME Form 1 under original provisions. The rule focuse...
Corporate Law : Businesses often face loan rejections due to poor credit profiles despite strong operations. The article explains how credit repai...
Corporate Law : NSIC registration allows eligible MSMEs to access government tenders without paying EMD and tender fees, strengthening procurement...
Corporate Law : A new digital credit model for MSMEs leverages data from sources like GST and ITRs for faster loan approvals, reducing paperwork a...
Company Law : Indian government outlines measures against companies not paying MSME dues, including mandatory reporting, penalties, SAMADHAAN po...
Goods and Services Tax : Govt introduces GST reforms to simplify compliance for MSMEs, including higher turnover limits, quarterly returns, and digital pay...
Corporate Law : Union Budget 2025-26 enhances MSME investment and turnover limits, increases credit guarantees, introduces new schemes for women a...
Finance : The Government outlines criteria and steps to improve MSME loan access, including collateral requirements, schemes, and credit fac...
Income Tax : The ITAT held that reversal of MSMED Act interest cannot be taxed if the provision was never claimed as a deduction. The matter wa...
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 : Supreme Court held that Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises does require MSME to notif...
Corporate Law : Kerala HC holds that a retail plywood importer cannot claim delayed BIS compliance under QCO 2024, as MSME benefits are limited to...
Corporate Law : Supreme Court rules Limitation Act applies to MSMED arbitration but not conciliation, clarifying recovery of time-barred debts und...
Company Law : Repeated delays in filing MSME returns resulted in penalties reaching the statutory cap. The decision highlights strict enforcemen...
Company Law : MSME-1 filings delayed by over two years attracted the highest statutory penalties. The ruling signals strict enforcement where no...
DGFT : The government introduces 2.75% interest relief on pre- and post-shipment export credit, helping MSMEs access cheaper working capi...
Corporate Law : The Ministry of MSME mandates that all new delayed payment cases under the MSMED Act must be filed on the new MSME ODR Portal star...
Corporate Law : Companies must report delayed payments over 45 days to MSMEs in a half-yearly return to the Ministry of Corporate Affairs under MS...
Explore Section 43B(h) of the Income-tax Act, unraveling deductions for payments to Micro and Small Enterprises. Applicability, time limits, and GST considerations explained.
Understand the recent changes in tax audit responsibilities imposed by the Central Board of Direct Tax in India. Explore amendments and implications for tax auditors.
Ensure timely payments to MSMEs before March 31, 2024, to avoid disallowances under Section 43B(h). Learn key precautions for Income Tax compliance.
Discover the Air Cooler and Air Filters Quality Control Order 2023 by the Ministry of Commerce and Industry. Learn about standards, certifications, and enforcement to ensure product quality.
Discover how the Udyam Assist Platform, launched by the Ministry of MSME, facilitates registration for Informal Micro Enterprises, enabling access to Priority Sector Lending benefits
Explore the amendment in Section 43B(h) of the Income Tax Act, promoting timely payments to Micro and Small Enterprises. Understand implications, compliance, and recommendations.
Explore the Ministry of Commerce and Industrys latest order on Potable Water Bottles (Quality Control) 2024 in New Delhi. Learn about standards, certifications, and enforcement.
Explore the latest Ministry of Commerce and Industry Order in New Delhi, setting quality standards for insulated flasks, bottles, and containers for domestic use. Learn about the compulsory use of standard marks, certification procedures, and penalties for non-compliance.
Learn about the importance of MSMEs in India and the compliance regulations. Discover suggestions to improve MSME search functionality and policy formation.
Explore the impact of Finance Act 2023s Section 43B(h) amendment on timely payments to MSMEs. Learn the rules, exceptions, and its effects on taxable income.
