Company Law : Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppli...
Goods and Services Tax : Understanding how taxation affects SMEs is essential for business owners, policymakers, and investors. This blog explores the vari...
Income Tax : The Indian government remains married to promoting entrepreneurship and profitable development through duty impulses for startups ...
Income Tax : Explore corporate tax reforms expected in Union Budget 2025-26, including CSR deductions, TDS rationalization, MSME payment rules,...
Corporate Law : Learn MSME eligibility criteria, how to apply for Udyam registration, and access benefits like tax exemptions, low-interest loans,...
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...
Corporate Law : IBBI proposes amending CIRP regulations to require MSME status disclosure in the Information Memorandum to reduce resolution proce...
CA, CS, CMA : Explore recent updates on corporate tax rates, MSME concerns over tax deductions, and GST rates for shawls as addressed in Lok Sab...
Income Tax : Punjab Accountants Association urges Finance Minister to amend Section 43(B)(h) for MSMEs, proposing better payment timelines and ...
Corporate Law : Supreme Court held that Banks/ Non-Banking Financial Companies (NBFCs) are obliged to adopt restructuring process of MSME as conte...
Corporate Law : Supreme Court dismisses plea under Article 32 against 45-day payment rule. Detailed analysis of the judgment and implications for ...
Corporate Law : Explore Allahabad High Court's judgment on predeposit under Section 19 of MSMED Act in the case of Docket Care Systems Vs. Hariwil...
Corporate Law : Mankind Life Sciences Private Limited Vs State of Himachal Pradesh & Anr (Himachal Pradesh High Court) The legal landscape sur...
Corporate Law : The petitioner filed an application for stay of an arbitral award passed by the West Bengal State Micro Small Enterprises Facilita...
Fema / RBI : RBI extends Interest Equalization Scheme on Rupee Export Credit for MSME exporters until August 31, 2024, with a cap of ₹1.66 Cr...
Company Law : Read about the Specified Companies Order amendment under Companies Act 2013 to enhance reporting on payments to micro and small en...
Income Tax : Understand the implications of the corrigendum to Income Tax Notification No. 27 of 2024. Get insights into the changes and their ...
Corporate Law : Discover the Air Cooler and Air Filters Quality Control Order 2023 by the Ministry of Commerce and Industry. Learn about standards...
Corporate Law : Explore the Ministry of Commerce and Industrys latest order on Potable Water Bottles (Quality Control) 2024 in New Delhi. Learn ab...
Discover the seamless process to check MSME registration by PAN number. Learn step-by-step methods and alternatives, ensuring compliance with Section 43B(h) of the MSMED Act. Verify your suppliers effortlessly.
Explore amended Section 43B of Income Tax Act, 1961, focusing on payments to Micro or Small Enterprises. Learn criteria, time limits, and implications for traders. Stay informed!
Navigate the intricacies of Section 43B(h) of the Income Tax Act, 1961, alongside the MSME Act, 2006, and Companies Act, 2013. Uncover the impact on books, tax audits, and compliance.
Explore government schemes sculpting success for MSMEs & startups. Learn about Udyam Registration, Startup India, Credit Guarantee Scheme, Pradhan Mantri Mudra Yojana, and more. Elevate your business with financial assistance and streamlined processes.
Explore the impact of Finance Act, 2023, on MSME payment enforcement under section 43B(h) of the Income Tax Act, 1961. Understand MSMED Act provisions, payment periods, interest rates, and the intersection with income tax regulations.
Introduction: The Finance Act of 2023 introduced a significant amendment to Section 43B of the Income Tax Act, 1961, with the addition of clause (h). This amendment aims to ensure timely payments to micro and small enterprises, safeguarding their liquidity from potential delays in customer payments. Section 43B Overview: Section 43B of the Act is the […]
Explore the implications of Income Tax Section 43B(h) introduced by the Finance Act, 2023, affecting timely payments to Micro & Small Enterprises. Understand the legal provisions, classifications, and consequences for MSMEs and businesses.
Explore impact of Income Tax Act Section 43B(h) on businesses and Micro and Small Enterprises (MSEs). Learn about timeframe, importance, and implications for tax deductions, promoting timely payments for financial well-being.
Explore significance of verifying Udyam Registration Number in compliance with Section 43B(h) of Income Tax Act. Learn how it ensures timely payments and supports MSME liquidity.
Understand Section 43B(h) in the Income Tax Act, its socio-economic implications, and practical tips for timely payments to Micro and Small Enterprises (MSEs) under the UDYAM AADHAR scheme.
