A major revamp of goods and services tax structure is on cards when the GST Council meets during second fortnight of December to review the existing tax structure and compensation cess rates as part of a larger exercise to shore up revenue.
Nitin Gadkari, Minister of Micro, Small and Medium Enterprises, Government of India, said that the MSME ministry will raise GST related issues faced by the small and medium enterprises with the Finance Minister to provide some relief to the sector.
As part of a government-initiated outreach programme, public sector banks have disbursed a record Rs 4.91 lakh crore of loans during October-November, the finance ministry said on Tuesday.
The Punjab government has decided to confer the Punjab State MSME Awards 2019 on the outstanding MSMEs who have registered tremendous business growth in investment, employment generation, turnover/sales, energy efficiency, exports, employee’s welfare etc for the financial years 2016-17 to 2018-19 and displayed excellence in product quality.
Delhi-based Marg ERP is a fast-growing inventory and accounting software solutions provider, simplifying inventory management, accounting, payments, GST compliance, sales, marketing, HR, and other basic yet complex needs of micro, small and medium enterprises (MSMEs).
The Reserve Bank of India is set to deliver its sixth straight interest-rate cut Thursday, shrugging off a spike in inflation as it stays doggedly focused on supporting economic growth.