Income Tax : In order to protect and promptly make payments to the MSEs, Clause (h) in Section 43B, inserted vide the Finance Act 2023, provide...
Income Tax : Explore significance of verifying Udyam Registration Number in compliance with Section 43B(h) of Income Tax Act. Learn how it ensu...
Income Tax : Understand the impact of Section 43B(h) on payments to Micro and Small Enterprises under the MSMED Act. Learn eligibility, time li...
Corporate Law : Explore vital role of MSMEs in India's growth, benefits, eligibility, registration process, and more. A complete guide for entrepr...
Corporate Law : Explore the Udyam registration process, the rebranding of Udyog Aadhar by MSME, and the benefits it offers to Indian small and med...
Corporate Law : Discover how the Udyam Assist Platform, launched by the Ministry of MSME, facilitates registration for Informal Micro Enterprises,...
Corporate Law : New online system of MSME/Udyam Registration launched by Union MSME Ministry, w.e.f. 1st July, 2020, has stood the test of Time an...
Corporate Law : However, a number of representations were received from various MSME Associations stating that the measure of making GSTIN mandato...
Corporate Law : The Ministry of MSME had replaced the erstwhile Udyog Aadhaar Registration for MSME with Udyam Registration vide its Notification ...
Fema / RBI : It has decided to include Retail and Wholesale trade as MSMEs for the limited purpose of Priority Sector Lending and they would be...
Corporate Law : GOvt has earlier provided that PAN and GSTIN is Mandatory wef 31St March, 2021 for MSME Udyam Registration has now relaxed the c...
Corporate Law : MSME Clarification on existing Entrepreneurs Memorandum (EM) Part-II/Udyog Aadhaar Memorandum (UAM)/New Udyam Registration dated 6...
Fema / RBI : Government of India has notified new criteria for classifying the enterprises as Micro, Small and Medium enterprises. The new crit...
The Government of India has issued notification on June 26, 2020 giving revised guidelines and limit for classification of enterprises among Micro, Small and Medium. The synopsis for the said important notification is as under: 1. The new guidelines and limit are effective from July 01, 2020. 2. Revised thresholds for classification among Micro, Small […]
Decoding the Notification issued by Ministry of Micro Small and Medium Enterprise on June 26, 2020 The Finance Minister had made announcement on May 13, 2020 regarding proposed changes to be made in definition of Micro Small and Medium Enterprise (MSME) and had mentioned that turnover will also be included as one of the criteria […]
The government recently revised the definition of the MSME through the notification dated 1st June, 2020 which shall come into effect from 1st July, 2020. However, in the supersession of this notification and other notifications issued on 30th June, 2017, 1st November, 2013 and 5th October, 2006 respectively, Ministry of MICRO, SMALL AND MEDIUM ENTERPRISES […]
Govt notifies vide Notification No. S.O. 2119(E) dated 26.06.2020 certain criteria for classifying the enterprises as micro small and medium enterprises (MSME), MSME registration process for New and Existing Enterprises, Manner of calculation of investment in plant & machinery and turnover for MSME classification, Updation of information and transition period in classification and Facilitation and […]
Govt notifies revised criteria for classification of classification of micro, small and medium enterprises (MSME) with effect from 01.07.2020. Also Read PIB Press Release- Govt further revises ceiling limits for MSME Definition New Definitions of MSME with effect from 01.07.2020) Micro enterprises where the investment in Plant and Machinery or Equipment does not exceed one […]
F.No. UAM/MC/01/2017-SME Government of India Ministry of Micro, Small & Medium Enterprises (SME Section) *** Udyog Bhawan, New Delhi Dated: 27.06.2017 OFFICE MEMORANDUM Sub: Activities (NIC codes) not covered under MSMED Act, 2006 for registration of Udyog Aadhaar Memorandum(UAM)- regarding The undersigned is directed to inform that Sub Section 1 of Section 7 of Micro […]
