The RBI May 29 extended minimum holding period requirement for NBFCs to raise funds via loan securitisation to help the sector overcome liquidity shortage.
MUMBAI: Banks can use Aadhaar for KYC verification with the customer's consent, the Reserve Bank said Wednesday as it updated its list of documents eligible for identification of individuals.
NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) will come out with a strategy to promote exports through ecommerce, detailing the role of the Reserve Bank of India, India Post, customs authorities and export promotion councils.
New Delhi, (KNN) Eyeing to enhance services to facilitate Micro Small and Medium Enterprises (MSMEs), the National Small Industries Corporation Limited (NSIC) signed a Memorandum of Understanding (MOU) with Ministry of MSME for the year 2019-20.
On May 1st, 2019, the Ministry of Corporate Affairs (“MCA“) released e-form MSME 1 (“MSME 1“), requiring all companies obtaining supplies of goods/ services from micro and small enterprises (“Enterprises“) and whose respective payments to such Enterprises exceed forty-five days from the date of acceptance or the date of deemed acceptance of such goods/ services to file MSME 1, by 30th May, 2019.
New Delhi, May 29 (KNN) Goods and Service Tax Network (GSTN) has announced that they have partnered with eight billing and accounting software vendors for providing software to the micro, small and medium enterprises (MSMEs), which are having annual turnover of less than Rs 1.5 crore.