There has been a 50% increase in the number of people filing of GST returns on the last day of filing for October, reveals data received from (CBIC) Central Board of Indirect Taxes and Customs (CBIC).
Datatex, a supplier of IT software solutions to the global textile and apparel industry, has signed its newest client from Asia Pacific market, Eastman Exports.
Even though the Karnataka Small Scale Industries Association (KASSIA) has welcomed the Union government’s overall measures to address the economic slowdown, it expressed its discontentment over inadequacies in the government policies to help out the micro, small & medium enterprises (MSMEs) that are at the receiving end of the recession.
Promotion of micro, small and medium enterprises (MSMEs) will be the focus at the Progressive Punjab Investors’ Summit-2019 in Mohali on December 5-6 in line with its theme ‘building partnership for inclusive growth—MSMEs in the Global Value Chain’. A senior state official said about 18 cash awards would be presented at the event in nine categories.
Ease of Doing Business for MSMEs: Udyog Aadhaar scheme launched in September 2015 for MSME registration has so far brought more than 80 lakh MSMEs under the fold of government schemes, subsidies, easy loans etc.
While the Opposition has been attacking the Modi government for destroying numerous jobs in the micro, small and medium enterprises (MSME) sector post demonetization, figures show that 4-5 lakh jobs have been added annually for the past three years.