In the realm of business, particularly for Micro, Small, and Medium Enterprises (MSMEs), manufacturers, and service providers, accessing government procurement contracts often appears as a secure avenue compared to navigating the uncertainties of the open market....
The EPCG Scheme empowers eligible importers, particularly export-oriented enterprises, to import capital goods at zero customs duty rates. However, to avail of this benefit, businesses must ensure an export value equivalent to six times the duty saved on the imported capital goods within six years...
On March 1, 2024, the Central Board of Direct Taxes (CBDT) issued an important order addressing the processing of income tax returns (ITRs) electronically filed with refund claims under section 143(1) of the Income-tax Act, 1961, extending beyond the prescribed time limits in non-scrutiny cases....
In the landscape of Micro, Small, and Medium Enterprises (MSMEs), ensuring their growth and sustainability is crucial for economic development. These enterprises, often referred to as the backbone of the Indian economy, require special support and protection to thrive....
Micro, Small, and Medium Enterprises (MSMEs) constitute the cornerstone of the economy, requiring assistance and safeguarding amidst the dominance of larger corporations due to their limited resources and technological capacities....
In response to the longstanding need for a structured approach to vocational skill training, the government has introduced the 'Skill acquisition and knowledge awareness for livelihood promotion' (SANKALP) scheme....
In the landscape of business financing, Micro, Small & Medium Enterprises (MSMEs) play a crucial role, encompassing both manufacturing and service sectors. Historically, MSME classification was tied to investment thresholds in plant and machinery or equipment. This limited their growth potential, as they had to...
Small and medium-sized enterprises often face hurdles in securing loans from traditional banking institutions due to various constraints, hindering their growth potential and consequently impacting the economy's progress....
In the realm of entrepreneurship, the Startup India initiative, spearheaded by Prime Minister Narendra Modi in 2016, emerged as a beacon of support for burgeoning businesses in India. This comprehensive plan aimed to facilitate bank financing for startups, streamline the incorporation process, and offer various...
Embarked on September 25th, 2014, the Make in India initiative spearheaded by Prime Minister Narendra Modi aimed to invigorate domestic and international investment in India's manufacturing sector. This comprehensive campaign encompasses a diverse array of sectors within the economy, showcasing significant strides towards progress:...
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