Allow 90 days for payment of goods supplied by MSMEs to textile sector: TASMA
The textile sector has expressed concern over the impact of a new clause in the Income Tax Act, 1961, through…
Tag: MSME
Budget 2024: Streamlined GST, more liquidity, reduced compliance among key asks to support MSMEs
As February 1 draws closer, stakeholders in the MSME ecosystem have been voicing their Budget 2024 demands to Finance Minister…
Study on MSME – A Game Changer
The author is delighted to present his comprehensive updated article titled “Study on MSME – A Game Changer”. The author says, “It…
GST-related key developments that mattered for MSMEs
While small businesses continue to expect more reforms related to Goods and Services Tax (GST) in the coming year, a number of…
Small GST taxpayers need to keep tabs on demand notices
The Supreme Court recently upheld the action of the Patna High Court in dismissing a writ petition filed by a…
RBI to banks: Treat GST-exempted informal units with Udyam Assist certificate as micro units for priority loans
The Reserve Bank of India (RBI) has informed all financial institutions including banks and NBFCs to treat informal micro enterprises…
COMPOSITION SCHEME UNDER GST – A BOON TO SMALL AND MEDIUM SCALE ENTERPRISES
A detailed note on Composition Scheme encompassing details of rate of tax, return filing, benefit and challenges, annual return and more.
MSME demand separate GST slab
The Federation of Coimbatore Industrial Associations (FOCIA) has urged the Union government to introduce a separate GST slab for the…
MSME Industry Body Seeks Review Of GST Levy On Land Lease Transactions
The Chamber of Small Industries Association (COSIA) has urged the government to revisit the issue of GST on leased land…
No information on whether GST badly affected MSMEs – MSME ministry
Even as MSMEs have been critical of the government’s Goods and Services (GST) tax on multiple occasions since its launch…