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, ...
Hon’ble HC held that an entity which falls within the definition of the micro/small enterprise will be treated as a ‘supplier’ under Section 2(n) of the MSMED Act even if it has not filed a Memorandum as required under Section 8(1) of the MSMED Act.
In this article, I am sharing various points regarding MSME like its categories, registration types, procedure, documents required & benefits of MSME registration.
WANT TO TAKE A BUSINESS ON NEXT LEVEL – ? Are you thinking for Cheaper Source of Fund – ? THE SME IPO The BSE SME Exchange has been setup by the Bombay Stock Exchange (BSE) to provide Small and Medium Sized Enterprises (SMEs) a platform for raising equity capital for their growth and […]
In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes:
Indian government has provided many benefits for small scale units or medium small and micro enterprises (MSME). In order to be eligible to get these benefits, any entity should register itself as MSME/SSI enterprise under MSMED Act. Following is a list of such advantages of obtaining SSI/MSME registration in India.
Any entrepreneur having valid Aadhaar Number i.e Registration under MSME can be done by both Manufacturing Enterprise and Service Enterprise. They can be classified as follows on the basis of Annual Turnover:
Registration of MSME with Government not statutory but for availing benefits of various schemes of government, Udyog Aaadhar Number is must. Following is the procedure for registration of your MSME with government.
MSME- an abbreviation of Micro, Small & Medium enterprises- is the pillar of economic growth in many developed, and developing countries in the world. Often rightly termed as “the engine of growth” for India, MSME has played a prominent role in the development of the country in terms of creating employment opportunities-MSME has employed more than 50 million people, scaling manufacturing capabilities, curtailing regional disparities, balancing the distribution of wealth, and contributing to the GDP.The government has introduced various schemes and aids to ensure the MSME lead a struggle free existence in the country, and also contribute, to the Indian Economy.
This article covers a brief analysis of SME IPO as an option to raise fund from capital market by SMEs. The article also compares Bank loan and Equity Finance and benefits of listing by SMEs.
INVITATION TO JOIN CERTIFICATION COURSE ON Wealth Creation by Value Investing by Ministry of MSME, Govt. of India. Value investing is a structured stock selection method to create incredible amount of wealth. In spite of so many divergent methods of wealth creation, value investing fundamentals have remained the same for decades to produce sustainable long term wealth.
