finance

CGTMSE: 52% spike in FY22 loan guarantees as average ticket size jumped amid MSMEs’ post-Covid recovery

The scheme provides a guarantee to loans up to Rs 2 crore, of which up to 85 per cent is guaranteed by the government. There are 146 member lending…

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The Paperless Union Budget 2022-23 to be presented tomorrow by FM

The Union Budget 2022-23 will be presented by the Union Minister of Finance Smt. Nirmala Sitharaman tomorrow 1st February 2022 in paperless form. Before…

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Shri Narayan Rane, Union Minister for MSME launched Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Services Sector

On the second day of MSME North East Conclave, Union Minister for MSME, Shri Narayan Rane today launched the Special Credit Linked Capital Subsidy…

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Nirmala Sitharaman launches Ubharte Sitaare Fund for MSMEs

On 21st August, pointing out that the MSMEs are the backbone of the economy, the Finance Minister Smt. Nirmala Sitharaman, while addressing the launch…

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High-profile entrepreneurs launch $85 million fund to back Indian SaaS startups

Four high-profile Indian entrepreneurs who are among those who kickstarted India’s SaaS journey, building and helping startups scale and win customers…

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CBIC reduces compliance burden by abolishing renewals of licenses/registrations

The Central Board of Indirect Taxes and Customs (CBIC) has w.e.f. 23.07.2021 abolished the requirement of periodic renewals of Licence/Registration…

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Government approves continuation of Rebate of State and Central taxes and Levies (RoSCTL) on Export of Apparel/ Garments and Made-ups

RoSCTL extended till 31st March 2024 at existing rates; Ensures a stable and predictable policy regime; Fillip for exports of globally competitive Indian…

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India joins OECD/G20 Inclusive Framework tax deal

Majority of the members OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (including India) adopted a high-level statement containing…

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