NEW DELHI: The recovery of money owed to the micro, small and medium enterprises (MSMEs) by corporate debtors should be brought in the ambit of corporate insolvency resolution process (CIRP) costs, said the Federation of Indian Micro and Small & Medium Enterprises (FISME) in its pre-budget presentation to the finance minister.
The Union budget 2020 is few days away. And as the economy limps off to the new financial year, people at large are expecting the Budget to give some booster dose to revive consumption that has seen sharp moderation over the first half of the current financial year.
The Authority of Advance Ruling ( AAR ) in Tamil Nadu held that the mixed supply of services that are billed at a single price is liable for a highest GST rate of the services supplied ie. 18%.
The National Union of Textiles, Garment and Tailoring Workers of Nigeria (NUTGTWN) recently urged the government to create a textiles ministry to address the industry’s woes and revive the sector.
Business delegates from Iran and Bangladesh will participate in the Odisha MSME International Trade Fair beginning here on January 8, minister D S Mishra said on Monday.
India's textile industry faces large growth potential.