States want substantial pruning of exemptions, particularly in services, under the goods and services tax (GST) with some even backing a simpler three slab structure.
Skilling, Labour, Talent for MSMEs: Around 5.70 lakh micro enterprises have been supported with margin money of Rs 12,902 crore giving employment to approximately 47 lakh people as on October 31, 2019, since the launch of the government’s Prime Minister’s Employment Generation Programme (PMEGP) in FY09, according to the government data.
New Delhi, Dec 10 (IANS) Union Minister Hardeep Singh Puri has said the government is framing a new scheme for improving bank credit to exporters. Puri was speaking at an industry event organised by EEPC India, here on Tuesday.
Seek change in classification of NPAs in bank lending to MSMEs, strict implementation of procurement policies
Union Minister of Commerce and Industry, Piyush Goyal and the Minister of Economy, Trade and Industry (METI), Government of Japan, Hiroshi Kajiyama met in new Delhi on Tuesday.
The panel of officers nominated by the goods and services tax (GST) council is likely to recommend increasing the 5 percent tax slab to 8 percent and the 12 percent slab to 15 percent.