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, ...
1. Collateral Free Automatic Loan to MSME: No guarantee required. Period 4 Years. No principal repayment for 1 year. Scheme can be availed till 31st Oct 2020. 45 lakh units can resume business activity and safeguard jobs. Borrowers with up to Rs. 25 crore outstanding and Rs. 100 crore turnover eligible 2. Stressed MSME: Subordinate […]
The Government of India on Wednesday announced the special economic package under the government’s Atmanirbhar Bharat Abhiyan-India’s Rs 20 lakh crore Covid-19 economic package. The entire package is aimed at providing a much-required boost to the Indian Economy which might otherwise face the inevitable economic slump due to long lockdown period. Amongst other, one of […]
Today we Indians proud to have our Prime Minister Shri NarendraModi ji and we as citizen of the country really experienced that we are in safe hand. Today as our Guardian he proved that when we need he is there to safeguard us. As far Economy is concern we have been taken out of ICU now it is our duty to fulfil his dream of 5 Trillion Economy and we must back himlike our father.
Micro, Small and Medium Enterprises (MSME) is one of the most distressed sector during Covid-19. It employs a huge number of people and contributes to around 30% of Indian GDP. There are severe supply chain disruptions especially in the businesses that provide essential services. It is difficult for them to continue paying workers during the […]
Ministry of Finance Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19 Posted On: 13 MAY 2020 Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed MSMEs Rs 50,000 crore equity infusion through […]
FM started by stating that our Prime Minister has always been on the side of reform for better ease of living in the country. She added that the Prime Minister has laid out a vision after several discussions at various levels. Inputs obtained were given due consideration. This is to spur growth and built a […]
In India we have completed more than 6 weeks of lockdown. The phase of life which we everyone doesn’t think in their dreams. Almost all the countries are into lockdown, and businesses across the globe are operating in fear of an impending collapse of global financial markets and demand.
Micro, Small & Medium enterprises are the backbone of growing Indian economy. From some time, this term has come into lime light because government has issued various Rules, Directives and also enacted law for promotion, development and enhancing competitiveness of MSMEs. In this article, we will be covering following points:- 1. An introduction to MSMEs […]
There is no doubt that Delayed Payment has been and is the biggest problem majority of the business entities are facing and there are very less companies who pay to its vendors in time. This delay in payment to MSME creates a huge financial problem as due to this the money is stuck and the […]
MSME = Traders not MSME, Turnover will decide MSME soon, Recovery of Debt under MSME = [Be a Part of MSME Now] MSME stands for Micro, Small, and Medium Enterprises. In accordance with the Micro, Small, and Medium Enterprises Development (MSMED) Act in 2006, the enterprises are classified into two divisions. Manufacturing enterprises (engaged in […]
