DPIIT launches paperless licensing process for Petroleum tankers

New Delhi, Jan. 11 -- In a bid to take digital India and Ease of Doing Business (EODB) to another level, the Department for Promotion of Industry and Internal Trade (DPIIT) has launched paperless lice... Read More

Govt seeks stakeholders' suggestions on 'National Technology Mission' for MSMEs

New Delhi, Jan. 11 -- Union Ministry for Micro Small and Medium Enterprises (MSMEs) has sought comments and views from the stakeholders on the proposed 'National Technology Mission' that aims to conve... Read More

Govt extends GSTR-1 filing date from Jan 10 to 17

New Delhi, Jan. 11 -- The government has once again extended the last date for availing a waiver on late fee for delay in filing GSTR-1 from July 2017 to November 2019. The date has been extended fr... Read More

Ministry of MSME constitutes Working Group to suggest changes in MSMED Act

New Delhi, Jan. 11 -- After fourteen years, the Micro Small and Medium Enterprises Development Act 2006 may undergo a major revamp. According to Office Memo issued by Office of Development Commissio... Read More

Odisha Govt allots land for 98 MSME projects

Bhubaneshwar, Jan. 10 -- A high-level Land Allotment Committee meeting has been held in the capital city to discuss technical and financial details of 98 projects and recommended land allotment here f... Read More

GST authorities begin issuing notices for tax audit exercise

New Delhi, Jan. 10 -- Goods and Services Tax (GST) authorities have begun issuing notices for the tax audit exercise, which involves detailed scrutiny of the accounts and records for FY18. GST audit... Read More

Govt sets new target for Khadi turnover in the next five years

New Delhi, Jan. 10 -- Union Minister of Micro Small and Medium Enterprises (MSME) Nitin Gadkari has set a new target of taking Khadi turnover to Rs 5 lakh crore in the next five years from the current... Read More

Budget 2020-21: MSMEs in J&K demand PSUs, Fiscal incentives, subsidies

Srinagar, Jan. 10 -- Union Finance Minister Nirmala Sitharaman will present the Union Budget 2020 on February 1, at a time when India's economy is suffering and has witnessed one of the worst periods ... Read More

MSME ministry plans to set up parks to manufacture low-cost medical devices

Nagpur, Jan. 10 -- Union Ministry of Micro Small and Medium Enterprises (MSMEs) plans to set up five parks to manufacture low-cost medical devices in the country. Speaking at the annual conference o... Read More

Despite efforts, MSME bad loans rise: CIBIL

Mumbai, Jan. 10 -- Despite many efforts, Non-performing assets (NPAs) of Micro Small and Medium Enterprises (MSMEs) have risen 50 basis points (bps) to 12.2 per cent as of September 2019, as against 1... Read More