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Finance Minister Nirmala Sitharaman Announces E-Commerce Export Hubs For MSMEs

New Delhi, July 23 -- In a move aimed at boosting international trade opportunities for India's small businesses and artisans, Finance Minister Nirmala Sitharaman has unveiled plans to establish E-Com... Read More


Finance Minister Proposes Lower Threshold For Treds Platform To Strengthen MSME Liquidity

New Delhi, July 23 -- In a move aimed at enhancing liquidity for Micro, Small, and Medium Enterprises (MSMEs), Finance Minister Nirmala Sitharaman has proposed reducing the turnover threshold for mand... Read More


Govt Introduces New Credit Support Mechanism For Financially Stressed MSMEs

New Delhi, July 23 -- Finance Minister Nirmala Sitharaman unveiled a new initiative aimed at bolstering credit availability for Micro, Small, and Medium Enterprises (MSMEs) facing financial stress. Th... Read More


FIEO Applauds Union Budget's Strategic Focus on Import Substitution and Export Promotion

New Delhi, July 23 -- The Federation of Indian Export Organisations (FIEO) President, Ashwani Kumar, has welcomed the Union Budget, praising its focus on economic growth and employment. The budget ai... Read More


SIDBI to Expand Reach To All MSME Clusters In 3 years To Lend Directly

New Delhi, July 23 -- Finance Minister Nirmala Sitharaman announced in her 2024 Union Budget speech that the Small Industries Development Bank of India (SIDBI) will significantly expand its operations... Read More


Budget Prioritizes Stability With MSME Boost: FISME

New Delhi, July 23 -- The Federation of Indian Micro and Small & Medium Enterprises (FISME) has termed the Union Budget as functional and one that will give a boost to Micro, Small, and Medium Ent... Read More


Finance Minister Removes Angel Tax for All Investors in Union Budget 2024

New Delhi, July 23 -- In her Union Budget speech for 2024, Finance Minister Nirmala Sitharaman announced a significant change to boost the startup ecosystem in India. The government has decided to rem... Read More


Government Reduces Fiscal Deficit Projection To 4.9% Of GDP In Latest Budget

New Delhi, July 23 -- In her latest budget presentation, Finance Minister Nirmala Sitharaman revealed that the government has adjusted its fiscal deficit projection for the current financial year. T... Read More


Finance Minister Proposes Reduction in Customs Duties on Precious Metals in Union Budget 2024

New Delhi, July 23 -- Finance Minister Nirmala Sitharaman, in her 2024 Union Budget speech, announced plans to reduce customs duties on precious metals. The proposed changes would lower the customs ... Read More


Government Cuts Import Duty On Mobile Devices In New Budget

New Delhi, July 23 -- In a significant move affecting the telecommunications sector, Finance Minister Nirmala Sitharaman announced today that the government has reduced the basic customs duty on mobil... Read More