finance

Lakshmi Vilas Bank merge with DBS Bank, NSE, BSE suspends trading from 26th November 2020

The Central government via a Finance Ministry notification on November 25 has sanctioned the final scheme of merger between Lakshmi Vilas Bank (LVB)…

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RXIL initiates first Trade Credit Insurance transaction with Tata AIG General Insurance

  • By Sanjana --
  • Thursday, 26 Nov, 2020

The adoption of Trade Credit Insurance on TReDS will pave the way for a completely digital bite-sized credit insurance model. Buying credit insurance…

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The Role of Accounting in Business and Why It’s Important for Businesses

  • By Siddhi --
  • Wednesday, 25 Nov, 2020

The term accounting is very common, especially during tax season. But before we dive into the importance of accounting in business, let’s cover the…

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Rationalisation of tax provisions for MSMEs

  • By Sanjana --
  • Wednesday, 25 Nov, 2020

Seeing the growing trend around creation of MSMEs for wealth succession, it is imperative that more clarity is brought about certain provisions of the…

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Finance Ministry Invitation for Public Suggestions for the Budget 2021-22

On Friday, the Finance Ministry announced in a statement that: “It has been decided to make the Annual Budget 2021-22 consultations more participatory…

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Income tax return filing deadline for FY20 extended till Dec 31 for MSMEs

  • By Sanjana --
  • Monday, 23 Nov, 2020

The income tax return (ITR) filing deadline for FY 2019-20 has been further extended to December 31, 2020, for most individual taxpayers, from the…

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1% of Non-MSMEs Opt for One-time Debt Recast

According to a report by Crisil Ratings, Only 1% Of Non-MSME Companies May Opt For One-Time Debt Restructuring (OTDR) of Reserve Bank of India (RBI).…

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Governments at the central and state levels have launched financial schemes for micro units, which could go a long way in boosting women entrepreneurship. 

The MSME ecosystem in India is an overflowing well of innovative ideas and creative solutions to a number of problems. But the number of women entrepreneurs…

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