MSME
In Focus
How Union Budget 2025 Benefits MSMEs
The government is introducing several initiatives for MSMEs, including higher investment limits, expanded credit guarantees, and new funding opportunities for startupsBengaluru: The Union Budget 2025 places a strong emphasis on micro, small, and medium enterprises (MSMEs) with several initiatives,...
Fashion & Lifestyle
India will protect interests of small, medium enterprises in diamond industry: Goyal
PTI -
The Minister requested the EU to extend the deadline for technology-based certification in the sectorNew Delhi: Commerce and Industry Minister Piyush Goyal on Monday said the country will safeguard the interests of small and medium units in the diamond...
Food
Retailer’s body seeks lower interest rate, national retail policy
PTI -
In its pre-budget memorandum, Retailers Association of India (RAI) said the Union Budget for FY25-26 should focus on generating demand and spurring consumption by offering benefits or concessions in the form of lower taxes to boost the industryNew Delhi:...
Research
‘MSME Digital Index 2024’ by PayNearby
The report provides an in-depth analysis of technology usage among MSMEs at the grassroots levelThe 'MSME Digital Index 2024' report by banking and digital network PayNearby offers an in-depth analysis of technology usage among MSMEs (micro, small, and medium...
In Focus
Special attention to MSMEs in Budget 2024-25: New credit guarantee scheme; hike in Mudra loans
In the first Budget of Modi government's third term, Sitharaman introduced a new credit guarantee scheme for term loans to acquire machinery and equipment and proposed raising the Mudra loan limit from Rs 10 lakh to Rs 20 lakhBengaluru:...
In Focus
Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties
Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming Union Budget 2024
Bengaluru: As the newly-elected NDA government is getting ready to present this year's Union Budget on 23 July,...
Latest News
Govt may relax 45-day payment rule for MSMEs in budget
PTI -
The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...
In Focus
68% MSME retail owners witness growth in business post-adoption of digital tech: Report
About 29% MSMEs used accounting software, followed by POS software and Customer Relationship Management (CRM) software at 17% and 14%, respectively, to manage their business operations, the PayNearby report foundNew Delhi: An overwhelming 68% Micro Small Medium Enterprises (MSME)...
Latest News
Access to low-cost finance and consumption boost top RAI’s budget wishlist
The industry body asserts that implementing these measures will strengthen the retail industry and contribute to the GDP of the countryBengaluru: In its recommendations to the central government for the Union Budget 2024–2025, the industry apex body Retailers Association of...
Latest News
CAIT demands deferment of IT Act clause related to MSMEs
PTI -
The clause in the Income Tax Act added through the Finance Act 2023 is aimed at addressing the issue of working capital scarcity in the MSME industry and promoting prompt payments to micro and small businessesNew Delhi: Representatives of...
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Latest News
Shobitam launches its 1st experiential retail store in Bengaluru
The event was graced by actor and Shobitam’s global brand ambassador Vidya BalanNew Delhi: Fashion brand Shobitam has officially opened...
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