Finance : Discover the crucial role of MSMEs in India's economic development, from classification to registration and benefits. Learn how MS...
Company Law : Understand Form MSME-1 filing requirements and penalties under the MSMED Act. Learn about deadlines, required information, and com...
CA, CS, CMA : Discover the essential 2023-24 Audit Manual for SMEs. Stay updated with changes in CARO 2020, Schedule III, and more. Download edi...
Finance : Explore the recent amendment to Section 43B of the Income Tax Act aimed at bolstering the financial well-being of MSMEs through ti...
Income Tax : Learn about Section 43B(h) of the Income-tax Act, 1961, allowing deductions for MSME payments only on actual payment basis. Unders...
Income Tax : Discover how proposed amendment in Section 43B of Income Tax Act, 1961, affects MSMEs. Learn about potential challenges and sugges...
Income Tax : Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down ...
Corporate Law : This webinar titled “How MSMEs Recover Payment without Court” provides valuable insights and strategies for recovering...
Corporate Law : Introduction: On March 15, 2024, a significant milestone was achieved in the formalization journey of Micro, Small, and Medium Ent...
Corporate Law : Discover how the Udyam Assist Platform, launched by the Ministry of MSME, facilitates registration for Informal Micro Enterprises,...
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...
Income Tax : Delhi High Court held that in respect of Special Audit remuneration under section 142(2D) of the Income Tax Act invocation of prov...
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...
Corporate Law : Explore the latest Ministry of Commerce and Industry Order in New Delhi, setting quality standards for insulated flasks, bottles, ...
Who shall file Form MSME-1? All companies must file Form MSME-1 (Form) which has either defaulted in making payment or has made delayed payment to their micro and small vendors.
Finance Act, 2023 introduced significant amendments related to Micro, Small, and Medium Enterprises (MSMEs) in India. One of the key changes pertains to the payment compliance and deductions for MSMEs. Let’s explore the definition of MSMEs, the amendment to Section 43B of the Income Tax Act, and provide some author remarks on the matter.
Government of India, vide Gazette Notification S.O. 1296(E) dated March 20, 2023, has specified that the certificate issued on the UAP to IMEs shall be treated at par with Udyam Registration Certificate for the purpose of availing Priority Sector Lending (PSL) benefits.
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’s a ton of stress. Is there any help available from government to MSME’s ?
Article contains a crisp summary on amendments introduced by Budget 2023 pertaining to MSME payments and implications of amendments on commercial transactions.
Explore the MSME scenario in India with insights on employment, exports, and financing trends. Learn about the digitization impact, cross-border financing, and ECGC services for exporters. Gain valuable insights into the evolving MSME landscape.
Unlock benefits for your MSME with Zero Defect, Zero Effect (ZED) Certification. Learn about government schemes, eligibility, application process, and cost. Expert insights on achieving Bronze, Silver, or Gold category. Get discounted loans from banks after ZED certification. Seminar highlights and valuable information for MSMEs provided by Guruprakash N. Bhambore, Secretary-The Bombay Commodity Association Ltd.
Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period was commenced from 17.04.2023 & last date for submission of claims is 30.06.2023
TO WHOM SO EVER IT MAY CONCERN In compliance with the requirements of Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019, issued by the Ministry of Corporate Affairs vide notification dated January 22, 2019, all Companies who gets supplies from Micro and Small Enterprise (MSME) and whose payments […]
Explore the basics of MSME-1, its due date, and frequently asked questions related to filing. Understand eligibility criteria, consequences of late filing, and practical insights. Stay informed on MSME-1 compliance for Companies under the Companies Act, 2013.
