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
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
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
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
As we know India is a major producer and exporter of Spices. Also, it is recognized as a profitable business in India. Any individual can start a spice business as a small, medium, and large scale base as per his or her investment capacity. Spice powder is a necessary ingredient in cooking, none of the … Read more
As we all know, Amazon is one of the highly-rated e-commerce portals where one can simply sell and buy products online. Amazon India was launched in the year 2013 and presently trades millions of goods over its platform. Any seller having its own brand manufactured product can be easily listed on Amazon for sales. However, … Read more
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
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
The Government has once again revised the MSME threshold limit. Recently, under the newly announced Atmanirbhar Bharat Special economic & comprehensive relief package of ₹20 lakh crores, the Government had revised the definition of MSMEs and had given a new threshold limit for MSMEs. Now, the Ministry of Micro, Small and Medium Enterprises has again … Read more
Good News for MSMEs! The enterprise registration process in India is now simple, convenient, and faster. The new enterprise registration with Aadhar card will begin on July 1, 2020. Let us know all the critical information regarding Enterprise registration with the Aadhaar card. How to get Enterprise registration with an Aadhaar card? Here are … Read more