In a big relief to small businesses, the Goods and Services Tax (GST) Council has doubled the exemption limit for registration of units with an annual turnover of up to Rs 40 lakh. Earlier,...
Jan 11, 2019
With an aim to tackle trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government announced that it would double the credit guarantee up to Rs 50,000 crore for 2018-19...
May 14, 2018
The Insolvency and Bankruptcy Code review panel has suggested changes in the law which would go a long way to ease insolvency rules for micro, small and medium enterprises (MSMEs) and also provide...
Mar 27, 2018
FICCI has cited its survey to state that implementation of the GST has had a positive impact on the logistics of businesses, while glitches in the GSTN portal, cumbersome procedures and cost of...
Feb 23, 2018
The government may remove the blanket ban on corporate guarantors of failed businesses bidding for stressed assets during the resolution process as it seeks to relax some of the rigidities in a...
Dec 14, 2017
The current ease of doing business (EODB) reforms focus only on easing permits but are not facilitating reforms on ground, according to experts who shared their views at a round-table discussion on...
Jul 25, 2017
The government has plans to double the 90-day limit for banks to declare overdue MSME loans as non-performing assets (NPAs) or bad loans. The issue is being discussed at a higher level, as per a...
Apr 28, 2017