Page 23 - SME

Cloud play will spur growth of MSMEs in Uttar Pradesh

Nandan Nilekani steps in as a strategic investor in Power2SME

Nilekani said said Power2SME has a unique business model that focuses on making SMEs bankable and profitable

'Dividends from foreign subsidiary are taxable under Income Tax Act'

They'll be taxable under section 115BBD of the Income Tax Act, 1961

Online employment exchange a boost for manufacturing MSMEs

Data shows employment generated byMSMEs grew at 73 per cent over these seven years

'No time limit for using duty-free inputs to make finished goods'

Diversification boosts MSME revenues: CRISIL study

'Declaration exempt for freely exportable trade samples'

. The bank's grant of waiver of declaration applies for export of goods free of cost

Microsoft targets 20,000 MSMEs in UP under its Cloud tech

UP is home to over 3 million MSMEs across verticals, including product and region specific industrial clusters spread across the state

Financial inclusion key to growth of micro enterprises

The findings reveal that only 15 per cent of the working capital needs of these micro enterprises were being met through institutional finance

'No restriction on invoicing of export contracts in Indian rupees'

Special measures introduced for MSME exporters

However, India's merchandise exports fell for the eleventh consecutive month in October 2015, making the downward trend a cause for concern

Babajob joins Facebook's SME India Council

'Mandatory pre-deposit is payable in cases of drawback claim'

New section 129E would apply to such cases

Registered firms have better access to short-term finance

The analysis indicates that registered partnership firms have better access to short-term finance, as compared to their unregistered counterparts

Govt tweaks procurement norms to benefit SMEs

Every central govt ministries, PSUs has to procure a minimum 20% of their total annual value of goods or services from micro and small enterprises

'Submission of shipping bills not necessary under MEI scheme'

MSMEs in electronic components and equipment sector need to become more competitive

Liquidity crunch takes centre stage on SME platform

Three years ago, exchanges had started the platforms, for SMEs to list on them

'Payment for imports must be made within six months of shipment'

In terms of the extant regulations, remittances against imports should be completed not later than six months from the date of shipment

Eastern region lags behind in MSME growth