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...
Amendment in question introduces a new clause, 43(B)(h), under Section 43B, disallowing expenditures incurred with Micro or Small Enterprises if not paid within stipulated time frame.
Explore the advantages of MSME registration for small businesses. Access financial support, government incentives, market opportunities, and more. Position your business for success!
Explore key legal aspects in drafting litigation affidavits for Small and Medium Enterprises (SME) Initial Public Offerings (IPOs). Understand regulatory requirements and essential checks.
GST Law provides small taxpayers with beneficial treatments such as no registration for inter/intra-state supply & more. Learn about policy initiatives for MSMEs under GST.
Read about the penalty imposed by MCA on Samsung R&D for delayed submission of MSME Form I. Detailed analysis, penalties, and key insights provide
Struggling with MSME reporting challenges? Our practical guide simplifies complexities and provides answers to your FAQs regarding MSME reporting, payment terms, and more
Delve into the intricacies of Section 43B of the Income Tax Act, a crucial provision impacting deductions in MSME payments. Explore the proposed amendment in the Union Budget 2023 and its implications. Understand the critical points, definitions, and payment timelines outlined in the MSMED Act, 2006. Stay informed to optimize deductions, ensure compliance, and navigate the evolving landscape of income tax calculations. Learn how businesses can align financial planning and tax strategies with the latest legislative changes for maximum benefit.
Supreme Court held that dues under Micro, Small, and Medium Enterprises Development Act, 2006 would not prevail over SARFAESI Act.
Understand the MSME registration process, benefits, and how it can boost your business. Access government schemes, lower interest rates, and more. Learn the step-by-step procedure and required documents for a hassle-free registration on the Udyam portal.
MCA introduced the Form MSME-1 under Schedule III of Companies Act 2013 and Companies (Furnishing of information about payment to micro or small enterprise suppliers) Order 2019.
