Tue, Feb 04, 2020
Paytm Alert: India's largest payments platform Paytm today announced the launch of All-in-One Android POS device for merchant partners across the country.
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Fri, Jan 31, 2020
Budget 2020 with Zee: MSMEs are also looking at Sotharaman with great hope as she is expected to make some big announcement for job creation.
Thu, Jan 23, 2020
Budget 2020: Small business players are demanding the removal of tax-related hassles like limitations on the carry forward and set off losses.
Fri, Feb 01, 2019
"The government has taken many steps to support the MSME sector that provides jobs to crores of people in the country. We recently announced a facility to avail Rs 1 crore loan within 59 minutes," Piyush Goyal said, while presenting the Interim Budget for 2019-20.
"All MSME units registered with the Goods and Services Tax (GST) will now have 2 per cent interest subvention for loans up to Rs 1 crore," he said.
Budget 2019: Interim Finance Minister Piyush Goyal will announce interim Union Budget 2019 on the morning of February 01.
Thu, Jan 17, 2019
Line of credit is the major problem that start-ups are facing. The situation further worsens after the IL&FS crisis as NBFCs were the major source of lending for start-ups.
Mon, Nov 05, 2018
Public sector companies which were mandated to source 20 per cent of their annual procurement from MSMEs will now have to source at least a quarter of their requirement (25 per cent) from the sector. Also, 3 per cent of sourcing by public sector undertakings (PSUs) should be done from MSMEs run by women.
Fri, Nov 02, 2018
The Finance minister Arun Jaitley has launched a new online portal, through which loans up to Rs 1 crore will be dispensed in a span of just 59 minutes.
Mon, Oct 01, 2018
Based on the experience of this automated loan processing system, other products could be onboarded, he said, adding "contactless banking is going to be the new paradigm as it fosters transparency".
Sun, Jul 08, 2018
The Public Procurement Policy mandates 20 per cent annual procurement from micro, small and medium enterprises including 4 per cent from MSMEs owned by SC/STs.
The government is working on a time-bound action plan for unlisted companies to convert their shares into dematerialised form, and MSMEs are likely to be exempted from the requirement, according to a senior official
Sun, Feb 11, 2018
The Micro, Small and Medium Enterprises Ministry is looking at roping in export promotion clusters to boost outward shipments of Khadi products
Wed, Feb 07, 2018
In its sixth bi-monthly monetary policy review for FY18, RBI kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%.
Sat, Feb 03, 2018
He said all the schemes of the government are oriented towards bringing about a qualitative change in the lives of the people
Thu, Feb 01, 2018
Unveiling the last full-year budget in Parliament, Jaitley said online loan sanctioning facilities for MSMEs will be revamped for prompt decision-making by banks
Fri, Oct 06, 2017
The 22nd GST Council Meeting is likely to discuss a special package for the micro, small and medium enterprises (MSMEs) and exporters.
Wed, Apr 19, 2017
The tax officials of the central and state governments will this week hold their maiden meeting on devising a formula for tax rate to be levied on services under the tax regime, as reported by PTI.
Thu, Mar 16, 2017
Demonetisation has worked as a blessing in disguise for us as we collect 100% repayment through Automated Clearing House (ACH) mode and not through cash, Finova Capital managing director and chief executive officer, Mohit Sahney told Zeebiz.com.
Mon, Feb 13, 2017
Moody's Investors Service on Monday said that the government's demonetisation decision will have negative impact on the performance of Indian auto asset backed loans in the short-term and the effect will last until March.
Sat, Feb 11, 2017
The 'Make in India' programme puts great thrust on sustainability, Lt Gen Thodge said, adding that the Government is reaching out to MSMEs across India to encourage them to participate in this programme.
Fri, Jan 20, 2017
ZED Scheme aims to rate and handhold all MSMEs to deliver top-quality products using clean technology.
Tue, Jan 17, 2017
The government is considering allowing 100% FDI through automatic route in single brand retail to attract a larger number of global players in the sector.
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