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Recommendations of 43rd GST Council meeting

COVID-19 related medical goods including Amphotericin B for free distribution given full exemption from IGST upto 31.08.2021; Custom duty exemption also…

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Enhancement of facilities under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017

 The Finance Minister had in her Budget Speech this year announced that the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 (IGCR,…

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Relief to MSME: CBIC announces ‘Special Refund and Drawback Disposal Drive’ for Faster Clearance of Refund Claims

On May 13, the Central board of Indirect Taxes and Customs (CBIC) launched the "Special Refund and Drawback Disposal Drive" to facilitate disposal…

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Help for 2,412 Power- based Commercial and Micro-entrepreneurs in Rural India by SPI

Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses,…

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A set of measures announced by the Govt. of Tamil Nadu to help MSMEs amid COVID-19 pandemic

On 12 May, MK Stalin the new State Chief Minister of Tamil Nadu has announced a set of measures to handhold Micro, Small and Medium Enterprises (MSMEs)…

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26 lakh loans for MSMEs through SIDBI’s loan marketplace Udyami Mitra

As of now, SIDBI's Udyami Mitra which is a universal portal aimed at easing access to various financial and nonfinancial services to MSMEs, as…

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A set of measures by RBI for MSMEs downed with Covid new Surge

Aiming at reducing the harm of second wave of Covid on MSMEs, today the Reserve Bank of India (RBI) announces a set of measures for MSMEs, in order…

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Approval of PLI scheme for the Food Processing Industry: Central Government

Today, the 'Production Linked Incentive (PLI) Scheme for the Food Processing Industry (PLISFPI) has been issued by central government; also government launched…

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