MSME registration is mandatory requirement for small business entities. There are many benefits of registration such as quick loans, government incentives and other form of schemes.
Failure in fulfillment of export obligation in six years could lead to the business paying customs duties, cess, and taxes saved with an additional 15% annual interest to the Customs Authority of India. The EPCG scheme differs from several existing duty exemption schemes which also help promotin...
[2]https://msme.gov.in/sites/default/files/MSME_gazette_of_india_0.pdf [3]https://msme.gov.in/sites/default/files/IndianGazzate_0.pdf [4]Explanation 1. --For the removal of doubts, it is hereby clarified that in calculating the investment in plant and machinery, the cost of pollutio...
Dr Ramanand Shukla in his presentation explained the procedure of getting ZED Certificate (from Bronze to Gold category) by MSMEs to reap a lot of benefits. He commented that ZED Certification Scheme is a gate-pass for availing benefits of government schemes for the MSME sector. The speaker ...
Digital India has synergized with government schemes like Make in India, Startup India, and Atmanirbhar Bharat, boosting the economy and positioning India as a global hub for tech innovation and manufacturing. The country has become a leading global fintech ecosystem, thanks to robust digit...
1. Certain items can exclusively be manufactured by MSMEs. 2. Interest in case of late payment by buyers of MSMEs 3. Preferential Access to Credit and Purchases. 4. Excise Exemption Schemes. 5. Tax Subsidies. 6. Power Tariff Subsidies. ...
enterprises (SMEs) without the need of a lot of paperwork. The process adheres to the rules of digital India and therefore, is a completely online process. Additionally, the entire registration won’t cost you anything and once you get it, you become entitled to several government schemes. ...
For government procurement, tenders up to INR 200 crores will no longer be on global tender routes. This is to make self-reliant India as also to serve ‘Make in India’ E-market linkage across the board for MSMEs to help them find their market. Also, the government and CPSEs will hono...
Digital India has synergized with government schemes like Make in India, Startup India, and Atmanirbhar Bharat, boosting the economy and positioning India as a global hub for tech innovation and manufacturing. The country has become a leading global fintech ecosystem, thanks to robust digital ...
MSMEs in India have access to merchant payment options such as mobile wallet applications (PhonePe) and Bharat Bill Payment System (BBPS), which are some of the more well-known payment systems. It's important for Indian SMEs to choose the right payment system that can offer multiple payment ...