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...
Earlier the MSMEs were defined on te basis of th investment made by them however now the revised definition has been brought by the Government of India while delivering the economic package as part of the AAtmnirbhar Bharat Abhiyan and further change has been approved in the definition of the MSMSe to provide equity support […]
Ministry of MSME gears up to implement the New Norms of classification of MSMEs As stated earlier, the upper ceiling for classification of MSMEs now has been raised New definition and criterion notified; will come into effect from 1st July, 2020. As part of new definition, Exports will not be counted in turnover for any enterprises whether micro, small or medium.
Key Highlights: -Ministry of MSME gears up to implement the New Norms of classification of MSMEs -the upper ceiling for classification of MSMEs now has been raised –New definition and criterion notified; & will come into effect from 1st July, 2020 -Exports will not be counted in turnover for any enterprises whether micro, small or […]
MSME definitions revised further to include firm with upto Rs. 250 Crore Turnover Highlights: 1. As per new definitions, a firm with up to Rs. 50 Cr. investments and upto Rs. 250 crore is classified as a medium enterprise. 2. Union cabinet has approved further changes to definitions of MICRO, SMALL & MEDIUM enterprises, a […]
Prime Minister Shri Narendra Modi today launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.
Notes on MSME for Real Estate (Micro, Small & Medium Enterprises) 1. IDR Act 1951 (Industries Development and Regulation Act, 1951 2. MSMED Act 2006 (Micro, Small & Medium Enterprises Development (MSMED) Act, 2006)e.f. 02.10.2006 3. MSME sector contributes about 40% of the total employment in India 4. Contribution of MSME sector to India’s GDP […]
What is the NEW booster to MSME? a) Why MSME is most important for Indian Economy? a) Around 63.4 million MSME units in India b) Contributes around 6.11% of manufacturing GDP c) Contributes around 24.63% of services GDP d) Contributes around Country’s GDP-making of 29% e) Contributes around 33.4% of India’s manufacturing output. f) Provides […]
The Central Government has vide notification dated June 01, 2020, notified the following criteria for classification of micro, small and medium enterprises which shall be effective from July 01, 2020: Particulars Investment In Plant & Machinery Or Equipment Turnover Micro enterprise does not exceed Rs. 1Cr. does not exceed Rs. 5 Cr. Small enterprise does […]
MSME – Registration & Benefits for Trading and small scale manufacturer’s & Service Industries MSME stands for Micro, Small and Medium Enterprises. The MSME sector contributes to 45% of India’s Total Industrial Employment, 50% of India’s Total Exports and 95% of all industrial units of the country and more than 6000 types of products are manufactured […]
MICRO, SMALL & MEDIUM SCALE ENTERPRISES INDUSTRY IN INDIA The Indian Micro, Small & Medium Scale Enterprises (MSME) sector is the backbone of the national economic structure and has unremittingly acted as the bulwark for the Indian economy, providing it resilience to ward off global economic shocks and adversities. With around 63.4 million units throughout the […]
