msme

RAI Seeks Restoration Of MSME Status For Retailers

RAI Seeks Restoration Of MSME Status For Retailers

Last year in 2020, the Government of India made several changes in Micro, Small, and Medium Enterprises (MSME). As per the change, the retailers are excluded from this giant section and even the small and medium enterprises have to show the annual turnover. RAI seeks restoration of MSME and for the same, the representatives have met … Read more

CAIT demands restoration of MSME status for 8 cr traders

BHEL to procure 300 products worth ₹3,000 cr from MSMEs

In June month of 2017, the government took away the status of MSME from about 8 crores wholesale as well as retail traders. Now, the Confederation of All India Traders (CAIT) has come forward and demanded the restoration of taken Micro, Small & Medium Enterprise (MSME) status from these traders who are part of the … Read more

Jio Taps MSMEs to Shore Up Revenues

Jio Taps MSMEs to Shore Up Revenues

According to estimates, India’s GDP is expected to grow over the next few years considerably. The government is also extensively focussing on its ‘Make in India’ initiative promoting domestic manufacturing. As such, MSMEs in India is poised to witness an expansion. In turn, this will lead to a rise in the demand for digital services. … Read more

MSME Udyam registration simplified: GSTIN not mandatory, PAN card can be used

MSME Udyam registration simplified

GSTIN became one of the mandatory requirements for registration on the portal on April 1, 2021, as announced on November 26, 2020. Therefore, several MSME organizations reported that the requirement of a GSTIN is affecting the registration process. To resolve this, the Government announced the excellent news of simplified MSME Udyam registration. In this article, … Read more

Budget 2021 Expectations For MSME Sector

Budget 2021 Expectations For MSME

The Finance Minister has announced the new schemes and incentives to boost MSME sector also raised the bar of expectation of all the taxpayers including Micro, Small and Medium Enterprises(MSME). In this article, we will discuss the Budget 2021 Expectations For MSME. Budget 2021 Expectations For MSME The Finance Minister has brought up with the … Read more

MSME’s Emergency Credit Line Guarantee Scheme, ECLGS

Emergency Credit Line Guarantee Scheme

The Central Government has issued the notifications for extensions of Emergency credit line guarantee scheme for MSME sector. Let’s summaries the Notifications issued:- The Central government has declared the notification to extend the Rs 3 lakh crore-Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector beyond October even though the sanctioned amount so far … Read more

How to Sell Products on Amazon

how to sell products on amazon

In the era of digitalization, many online platforms have opened the door for an online platform to sell and purchase goods and services. As we all know, Amazon is one of the highly-rated e-commerce portals where one can easily sell and buy products online. Amazon India was launched in the year 2013 and presently trades … Read more

MSME in India – New Guidelines for Udyam Registration

GST and ITR for MSME

Recent Notification issued by the Government of India notified on new eligibility, and guidelines for Udyam Registration for Micro Small & Medium Enterprises(MSME). Every business has to obtain GST registration and file Income tax return on or before 31st march 2021 to sustain the validity of the MSME Certificate. According to the Government’s revised guidelines, MSME is now placed under the … Read more

Key Benefits of MSME – CIBIL score, Loans without Collateral

MSME

Micro-Small & Medium Enterprises (MSMEs) provide largely in the socio-economic development of our country. Also, provide Key Benefits of MSME – CIBIL score Loans without Collateral. However, MSMEs comes under the Ministry of Micro, Small & Medium Enterprises and are expected to be registered to avail benefits under the Micro, Small and Medium Enterprises Development … Read more

India ban on Chinese companies from highway projects

India ban chinese companies

In the series of diplomatic actions against China, now India will ban Chinese companies from taking part in the highway projects in India. Let us understand this update in detail.   Reason for India ban on Chinese companies in highway projects After the clash in the Galwan valley, the relationship between India and China has … Read more