New Delhi, In a major relief for MSMEs, the GST Council on Thursday doubled the exemption threshold for small businesses from Rs 20 lakh to Rs 40 lakh and also allowed Kerala to impose a natural disaster cess of upto 1 per cent for a period of upto two years.[Read More…]
Tag: MSMEs
RBI Governor Shaktikanta Das to meet MSMEs, NBFCs next week
Mumbai: A day after the Reserve Bank allowed restructuring defaulted loans of up to Rs 25 crore taken by micro, small and medium enterprises (MSMEs), its Governor Shaktikanta Das said he will hold talks with representatives from the MSME and non-banking financial companies (NBFCs) next week. “Will hold meetings with[Read More…]
New industrial policy coming soon, to boost MSMEs: Suresh Prabhu
New Delhi: India’s new industrial policy, to be announced soon, is designed to create an ecosystem to help the development of micro, small and medium enterprises (MSMEs) and link them to the global market, Commerce Minister Suresh Prabhu said on Monday. At the inauguration of the International SME convention here, he[Read More…]