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Feb 26, 2020

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MCA exempts MSMEs with paid up share capital of Rs. 5 crore from appointing Company Secretary

The Ministry of Corporates Affairs (MCA) has exempted the Micro, Small and Medium Enterprise (MSME) from appointing a whole time Company Secretary whose paid up share capital is...

MSMEs face bigger challenges as compared to large businesses: Vice President

Vice President M Venkaiah Naidu has said that Micro Small and Medium Enterprises (MSMEs) face bigger challenges as compared to large corporates. While addressing the students and faculty of...

CSC SPV to promote MSME Ministry's schemes

The Micro Small and Medium Enterprises (MSME) ministry will promote its schemes with the help of Common Service Centre (CSC) and a Special Purpose Vehicle (SPV) under the...

MSMEs write to PM Modi to appoint highest authority as interpretation of Section 50 (1) causes havoc among taxpayers

Ahilya Chamber of Commerce and Industry has reached out to Prime Minister Narendra Modi by sending a memorandum showing their concern towards the taxpayers saying that the interpretation...

EEPC seeks to expand the scope of "Sabka Vishwas" scheme

Seeking the settlement of customs duty matters, Engineering Exporter Organisation EEPC India has called upon the centre to expand the scope of legacy dispute resolution scheme "Sabka Vishwas". EEPC...

Government targets to procure 50% products & services from MSMEs

Aiming to support and boost the micro, small, medium enterprises, Goa Government has set a target to procure 50% of products and services from MSMEs. While speaking at a...

Warburg Pincus to invest Rs. 1,080 crore in Apollo Tyres

The Board of Directors of Apollo Tyres Ltd today approved an issuance of compulsorily convertible preference shares in the company worth Rs. 1,080 crore (approximately US$ 150 million)...

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