Budget 2016: Higher tax exemption limit to encourage small businesses to expand
While unveiling his budget for fiscal 2016-17, FM Arun Jaitley said 33 lakh small businesses avail of tax benefits under this scheme at present.
Flipkart aims to generate 20 lakh jobs in 2015
The Bangalore-based firm expects 60 per cent of this employment to be generated in the logisti...
IPR exchange to help MSMEs buy, sell rights online
India's micro, small and medium enterprises (MSMEs) will now be able to buy and sell their intellectual property rights online, thanks to an IPR Exchange launched today.
Flipkart to use analytics, market data to help SMEs scale up business
Flipkart today announced a tie-up with small and medium enterprise (SMEs) promotion bodies to boost manufacturing and entrepreneurship in the country.
Govt should enhance credit flow to MSMEs: FISME
The government should chalk out measures to increase credit flow to medium and small-scale enterprises to help tide over the global downturn, an apex MSME body has said.
Google offers free websites to Indian SMEs with India Get Your Business Online program
Google's India Get Your Business Online, offers Indian SME's free website on a .in domain name, along with hosting services.
Special scheme for SSIs in works on way to GST
Government likely to end excise duty relief to SSIs as it readies for GST rollout.
Opportunities for Indian cos to set up biz in US
With an incentive to create new jobs, there is an opportunity for small Indian cos to set up business in the US. All about good leaders | Tips for friendships at work
Don't rush to open factories: MSME body
A key industry body representing micro, small and medium enterprises (MSMEs) has advised members not to rush into opening their units as stringent punitive measures include an FIR against the CEO if a Covid-19 positive case is found on their premises.
MSMEs stare at labour and raw material supply issues
Small industries in the country will face a shortage of raw material and labour as the graded lifting of the ongoing nationwide lockdown begins from Monday amid lack of clarity over whether entire supply chains will operate.
Medium company turnover limit may be doubled for MSME benefits
Finance minister Nirmala Sitharaman had on May 13 announced a new definition for MSMEs as part of the ₹20 lakh crore economic stimulus package. Besides a change in definition, she had announced a ₹3 lakh crore credit guarantee scheme to provide collateral-free loans to MSMEs.
Firms find 33% attendance cap a hurdle in restarting operations
Small units are facing a return of the inspector raj as local authorities have a great deal of discretion when interpreting powers to manage Covid-19. “Local authorities control whether or not to allow businesses to open – it is becoming a huge constraint,” said Anil Bhardwaj, secretary general, FISME.
COVID-19: Take care of employees, workers, says Goyal to industry
Commerce and industry minister Piyush Goyal appreciated industry’s efforts of ramping up the capacity of essential commodities, particularly the ventilators.
Wood for the trees: How Startup India fails to tackle an indifferent business ecosystem
Banks that do lend under schemes meant for SMEs, infrastructure that is woefully inadequate, regulations that are lopsided and a public sector that is ambivalent and unaccountable threaten to derail growth and sustainability for new companies.
Strategic partnership model: Manohar Parrikar ropes in industry for recommendations on defence manufacturirng
SP model has faced resistance with various departments and services raising concerns that process recommended may lead to monopolization and needs more consultation.
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