Rubber India Weekly
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Rubber India Weekly
Feb 13, 2019
Govt. to come up with solution to fix tax concerns of startups: Chairman, CBDT
The government may soon come up with the solution to fix the tax concerns of startups, said Sushil Chandra, Chairman of Central Board of Direct Taxes (CBDT). While speaking...
SBI joins TReDS platform Invoicemart as a financier to help MSMEs in lending
India's largest bank, State Bank of India has joined digital invoice discounting marketplace-Invoicemart, as a financier to help Micro Small and Medium Enterprises (MSMEs) in lending. The move is...
Institution of Income-Tax Ombudsman & Indirect Tax Ombudsman to be abolished: Cabinet
The Institution of Income-Tax Ombudsman and Indirect Tax Ombudsman will be abolished as the public prefer more the alternative complaint redressal mechanisms over the Ombudsman. The Union Cabinet chaired...
Rubber India
Loans get cheaper now as RBI cuts lending rate by 25 basis points
Assessing the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) in its meeting today has reduced the repo rate by 25 basis points or 0.25 per...
There is an urgent requirement to pay attention to the need for well managed clusters: Chairman, FMC
To promote clusters across India, there is an urgent requirement to pay attention to the need for well managed clusters, said Arun Maira, Chairman, Foundation for MSME Clusters. Maira,...
Under IBC, RBI allows cheaper funds for corporate bidders
With a view to make funds cheaper for companies bidding for stressed firms under the Insolvency and Bankruptcy Code (IBC), the Reserve Bank of India (RBI) has made...
GeM and CCI sign MoU to facilitate fair & competitive environment in e-marketplace
The Government e Marketplace (GeM), the national public procurement platform of Ministry of Commerce and Industries, and Competition Commission of India (CCI) have signed a Memorandum of Understanding...
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