Corporate Law : Incorrect Udyam filings can result in denial of CGTMSE coverage, MSME Samadhaan claims, and government tender participation. The a...
Corporate Law : This guide explains all major MSME subsidy schemes running in Uttar Pradesh in 2026, including capital subsidies, interest benefit...
Finance : The revised MSME classification limits under Union Budget 2025-26 significantly widen access to government subsidy, guarantee, and...
Finance : An analysis of why MSMEs report profits on paper but face cash shortages, repayment pressure, weak liquidity, and operational fina...
Finance : A practical guide on common mistakes that lead to rejection of subsidy claims in India, covering planning, compliance, documentati...
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...
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, […]
Q 1. What is all about MSME Ministry’s notification dated 26th June,2020? Ans. The Notification notifies certain New criteria for classifying the Enterprises as Micro, Small and Medium Enterprises. The notification insists registration of all existing and new Micro, Small & Medium Enterprises in the UDAYAM registration portal (website: udayamregistration.gov.in). This Notification comes into effect […]
You are well aware that the companies are required to make certain disclosures pertaining to the vendors registered under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. However, we would like to marmorise flashback of changes made in the MSMED Act and requirement of Form MSME-I. In exercise of powers conferred by Section […]
Analysis of Ministry of Micro, Small and Medium Enterprises – Notification dated June 26, 2020 The Ministry of Micro, Small and Medium Enterprises (MSME) has set out a notification dated June 26, 2020 regarding the new registration process called ‘Udyam Registration’ and classification of MSMEs. Under this all the existing enterprises registered under EM-Part II […]
