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SME Express :How should MSMEs prepare for the new era? How can SMEs connect with equity culture?

SME Express :How should MSMEs prepare for the new era? How can SM...

Thu, Jul 04, 2024

How should MSMEs prepare for the new era? What kind of confusion on section 43B(h)? How can SMEs connect with equity culture? What are the benefits of Udyam registration? Changing business with TReDS? What is the view of experts on ESG? See...'SME Express'

All pending MSME loans to be restructured by March 15: FM

All pending MSME loans to be restructured by March 15: FM

Thu, Feb 27, 2020

Total 5.53 lakh MSME accounts have been identified and out of which 5.28 lakh entities have been restructured and the process will be done by March 15, said Nirmala Sitharaman.

MSMEs bank loans: This is how you can make access to money easier

MSMEs bank loans: This is how you can make access to money easier

Wed, Feb 19, 2020

Modi government foresees the MSMEs sector contributing up to $2 trillion as India eyes becoming a $5 trillion economy by 2024.

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RBI to revamp bankers' panels to boost priority sector lending

RBI to revamp bankers' panels to boost priority sector lending

Sun, Jul 16, 2017

"We are looking at revamping the entire structure of SLBC so that banks can lend more to the priority sector, which has the potential to create more jobs and self-employment," said Mundra at a conference organised by the College of Agricultural Banking here.

Dell EMC, SAP launch ''GST-in-a-box'' for MSMEs in India

Dell EMC, SAP launch ''GST-in-a-box'' for MSMEs in India

Mon, Jul 10, 2017

SAP is providing a pre-packaged `GST in a Box` solution running on infrastructure solutions of Dell EMC which is aimed at helping MSMEs digitally transform their businesses in compliance with GST.

Are you ready to file 37 tax returns under GST regime? All your questions answered

Are you ready to file 37 tax returns under GST regime? All your questions answered

Tue, Jun 27, 2017

Touted as India's biggest tax reform -- the Goods and Services Tax (GST) -- is all set to be rolled out from 1st July 2017.

GST will help in e-commerce export, but clarity on policy needed: Stakeholders

GST will help in e-commerce export, but clarity on policy needed: Stakeholders

Mon, Jun 12, 2017

A few players in the e-commerce sector feel that under the current foreign trade policy, there is a "lack of clarity" in terms of e-commerce exports.

MSME financing start-up Aye Finance raises $8 million from Blue Orchard

MSME financing start-up Aye Finance raises $8 million from Blue Orchard

Thu, May 25, 2017

The NBFC start-up provides financing for MSMEs and raised $8 million through NCDs from Blue Orchard.

Niti Aayog CEO 'Amitabh Kant' said MSMEs playing great role in job creation

Niti Aayog CEO 'Amitabh Kant' said MSMEs playing great role in job creation

Sun, May 14, 2017

Niti Aayog CEO 'Amitabh Kant' said MSMEs playing great role in job creation. Watch this special segment and get to know more here.

Snapdeal launches GST Guru program to enlighten online sellers on new tax structure; to provide accounting, taxation advice

Snapdeal launches GST Guru program to enlighten online sellers on new tax structure; to provide accounting, taxation advice

Tue, Feb 28, 2017

Snapdeal has launched GST Guru program to provide expert advice to its online sellers on the upcoming tax structure GST.

MSMEs manufacturing excellence imperative for global competitiveness

MSMEs manufacturing excellence imperative for global competitiveness

Sun, Feb 05, 2017

The minister on Saturday was addressing the National Summit on MSMEs organised by industry body Confederation of Indian Industry (CII) here as part of the 22nd edition of the international engineering and technology fair to enhance the growth and productivity of Indian MSMEs.

India's GDP likely to be 6.8% in 2016-17, RBI to maintain status quo on Feb 8: Ficci survey

India's GDP likely to be 6.8% in 2016-17, RBI to maintain status quo on Feb 8: Ficci survey

Mon, Jan 30, 2017

Ficci in its latest survey has projected India's economy to grow 6.8% for the year 2016-17.

Demonetisation: United Bank of India sees credit growth at 7-8% by end of FY17

Demonetisation: United Bank of India sees credit growth at 7-8% by end of FY17

Mon, Jan 16, 2017

Credit growth of United Bank of India (UBI) at the end of financial year 2016-17 (FY17) will be as low as 7-8% due to demonetisation impact, its MD and CEO P Bajaj said.

Sebi relaxes rules for angel funds to boost startup funding

Sebi relaxes rules for angel funds to boost startup funding

Thu, Jan 05, 2017

To give a fillip to startup funding, markets regulator Sebi has relaxed its rules for investment by angel funds, including allowing them to invest in up to five-year old entities.

Modi's December 31 schemes to boost economic growth, if implemented effectively: Assocham

Modi's December 31 schemes to boost economic growth, if implemented effectively: Assocham

Wed, Jan 04, 2017

Sunil Kanoria, President of Assocham said, “The initiatives like 60-day interest waiver for farmers who have taken loans from district co-operative banks and primary societies together with additional fund of 20,000 crore given to NABARD to give loans to farmers would help in alleviating pains of farmers and rural class."

Here's full text of PM Narendra Modi's New Year's address to nation

Here's full text of PM Narendra Modi's New Year's address to nation

Sun, Jan 01, 2017

Prime Minister Narendra Modi in his televised speech on Saturday announced a series of incentives to the poor, farmers, women and small businesses in a New Year`s address, and defended his recent decision to abolish high denomination bank notes, according to Reuters report.

95 crore Indians are out of reach of the internet, study claims

95 crore Indians are out of reach of the internet, study claims

Tue, Dec 27, 2016

Internet is out of reach of nearly 95 crore Indians, a study conducted by Assocham and Deloitte has found.

Are you an SME? We explain how to take advantage of income tax on digital turnover

Are you an SME? We explain how to take advantage of income tax on digital turnover

Wed, Dec 21, 2016

Earlier this week, finance ministry had rolled out a benefit of lower income tax rate, under section 44AD, for small businesses with turnovers up to Rs 2 crore if it were in digital/banking transactions.

Why small businesses are not willing to go digital

Why small businesses are not willing to go digital

Tue, Dec 20, 2016

The cost of going digital for small businesses, SMEs and MSMEs are borderline prohibitive. This is the reason why even as the Government is giving incentives for businesses to go digital, some small players are skeptical.

MSME's adoption low for Fintech alternative lending despite heavy investment

MSME's adoption low for Fintech alternative lending despite heavy investment

Fri, Dec 09, 2016

Despite heavy funding for fintech start-ups in alternative lending there have been several challenges identified in the low adoption by merchants.

Govt tries to assure MSME sector of no job losses due to demonetisation

Govt tries to assure MSME sector of no job losses due to demonetisation

Sun, Nov 27, 2016

The Union MSME minister assured that there will be no impact to the jobs in the sector.

Amendment to Companies Act to ease fund flow to MSMEs: FM Jaitley

Amendment to Companies Act to ease fund flow to MSMEs: FM Jaitley

Thu, Aug 11, 2016

"The Companies Act passed in 2013, there were provisions like related party transactions, which resulted difficulties for MSME sector. The amendment to the Act is before Parliament and it is considering that Amendment Bill. Despite this, the sector is growing," he said.

Jaitley to launch MSME databank, finance facilitation centres

Jaitley to launch MSME databank, finance facilitation centres

Wed, Aug 10, 2016

"Through the databank, we shall carry out a census of MSMEs online for the first time. The move to go online will help save money as the previous census conducted in 2008 cost Rs 50 crore, whereas this one is expected to be completed in just around Rs 1 crore," MSME Secretary K K Jalan told PTI.

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