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 […]
Current Status: The Code on Social Security Bill, 2019 (‘the Code’) tabled in the lower house of Parliament, i.e. ‘Lok Sabha’ on December 11, 2019 and was referred to Standing Committee for its report on December 23, 2019. The report of Standing Committee is awaited. Effect on Previous Legislatures: The Code proposes to consolidate the […]
INTRODUCTION The COVID-19 pandemic has shaken the workforce, business operations and lives to the core in an unprecedented manner, which will be remembered as a catastrophic moment causing adverse effects not only to human lives but also the business, commerce and the economies at the global level. With the unexpected and sudden change in working […]
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, […]
What is ACCA course all about? Association of Chartered Certified Accountants or in short ACCA, is a leading professional organization for individuals who are qualified as accountants. It’s a qualification which is widely recognized globally in several locations as a renowned knowledge oriented course. The market of fresh graduates is very volatile. The need and […]
The spread of corona-virus has disrupted lives of many people across the globe on their mental and physical health. We all are going through rough patch. Everyone is suffering some kind of mental agony be it’s a child, young generation or elder people . As we remain confined within our houses, we tend to get […]
Artificial Intelligence is understood as a multi-disciplinary branch of science that aims to construct and create a smart machine which competes and functions at par with a human intellect. It engages into human like fashion and demonstrate abilities like that of a human being.
Today we are on 3rd date with GST, however, we are still struggling to convert it into committed relationship though we all intent to do so. On 1st July 2017, we all welcomed overwhelmingly new taxation regime with the hope of entering into new era mainly on following premise: 1. Simplified and hassle-free compliance: Law […]
