Micro, Small, and Medium Enterprises are the nation-building sectors. In 2021, the MSME sector contributes 29% to the national GDP. Also, the MSME sector in Kerala employs more than 1.8 lakh people. In this article we will discuss on number of MSMEs in Kerala is doubled in the last five years. Notification by MSME Principal secretary, department … Read more
While the coronavirus outbreak has brought attention to banks not lending money to small and medium-sized businesses across the country, the new credit guarantee plans, such as the Bank of Baroda’s Pratham Program, are expected to attract more lenders. In collaboration with U GRO Capital, a non-bank financier, the Bank of Baroda has launched the … Read more
GST stands for goods and service tax. It is an indirect tax and has several benefits for every business entity in India. GST Registration for MSME can also benefit entrepreneurs in MSME Sector. In this article, we will understand GST Registration for MSME in detail. Know about GST GST stands for goods and service tax. It … Read more
For the last couple of days, union FM has been holding review meetings. Initially, to check the pending Micro, Small, and Medium Enterprises payments. Finance Minister Nirmala Sitharaman said, “I am personally monitoring and assisting in the case.” MSME registration portal is open to all MSMEs. In this article, we will discuss Government committed to … Read more
FIEO partners with Aramex India to support MSME exporters is good news for all the MSMEs. The collaboration happened last Saturday and both the parties have signed a memorandum. The partnership will positively impact cross-border shipments and boost the speed of exports. Therefore, in this article, we will read about FIEO partners with Aramex India to … Read more
Government includes Retail and Wholesale trade under MSME is a piece of good news for the industry. This news was announced on 2 July 2021. As a result, Retail and Wholesale traders feel hopeful for the promising opportunities that MSME Registration provides. Earlier, MSMEs excluded them under MSME Development Act, 2006 in 2017. Therefore, everyone … Read more
MSMEs need to integrate with global value chains, is a valuable statement by the Union Minister. The Minister highlights that MSMEs need to understand the importance of integration with global value chains.In this article, we will read about the Union Minister’s recommendations regarding MSMEs need to integrate with global value chains. MSMEs need to integrate … Read more
MSME body seeks intervention of PM on rising raw material prices. As we all know, the prices of raw materials such as steel, iron ore, aluminum, copper, plastics, and paper are increasing. MSMEs are still suffering from the crisis caused by the pandemic. Consequently, MSME is struggling to find the way out and seeking the … Read more
The Authority has simplified the process for registration of Micro, Small, and Medium Enterprises (MSME). The government says in today’s era only a PAN and Aadhar Required for MSME Registration. Minister Nitin Gadkari declares this information. Minister added that after MSME Registration, the MSME unit would be getting finance and priority. PAN and Aadhar Required … Read more
As we know, Permanent Account Number (PAN) and GST are some of the most important things for any business. The central government has announced some important updates for udyam registration. In this article, we will GST discuss, Registration and PAN Card mandatory for Udyam Registration. New Update on MSME Registration GST Registration and PAN Card … Read more