Public sector banks’ MSME bad loans falling, Finance Ministry tells Rajya Sabha
India’s public sector banks (PSBs) have been seeing a steady improvement in their MSME loan book – or loans given […]
MSME News
GST at 8: MSMEs continue to face rising compliance costs and hurdles
In the past eight years, GST may have simplified the country’s indirect-taxation system. But MSMEs still continue to face difficulties
Govt of India building E-Commerce Export Hubs to empower MSMEs
The Government is laying the foundation for a next-generation export ecosystem — one that is digital-first, logistics-enabled and MSME-inclusive, Moin
Govt for dedicated zones in industrial cities for MSMEs
Commerce and Industry Minister Piyush Goyal has asked for earmarking zones for startups and micro, small and medium industries in
Companies with payments due to micro & small enterprises beyond 45 days need to file half-yearly returns
The Government has directed all companies to file a half-yearly return regarding delay in payments to micro and small enterprises beyond 45
MSMEs fear ₹1.5 lakh annual burden as India rolls out new GST Invoice Management System
The government is all set to roll out the newly proposed and designed Invoice Management System (IMS) under the Goods
New Schemes and Programmes to Support SMEs
During the FY 2024-25, the Ministry of Micro, Small and Medium Enterprises (MSME) has launched a sub scheme under Central
Measures to Support MSMEs and Simplify Tax Compliance
The Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) has been launched for providing 60% guarantee coverage by National Credit
Government Initiatives: Accelerating Credit Access for MSMEs with Quick Loan Decisions Up to ₹25 Lakh
The Reserve Bank of India (RBI), as a regulator, provides an enabling framework for Regulated Entities (REs) to cater to
Defence MSMEs undertaking R&D receive GST notices, dub them as “tax on innovation”
Private starts-ups and other MSMEs are receiving notices to pay 18 per cent taxes under the CGST Act on funding