Msme | The Asian Age

Saturday, Apr 20, 2024 | Last Update : 12:52 PM IST

msme Page-4

Goyal asks PSBs to step up lending to MSMEs, farmers

Govt-RBI-bankers meet discusses ways to boost loan recoveries, credit disbursal.

29 Jan 2019 10:53 AM

According to the Mudra annual report of 2017-18, an amount of Rs 5.71 lakh crore has been sanctioned under the programme.

Finance ministry for caution on Mudra loans without stifling credit

Mudra loans NPAs at best could be under 3.5 per cent of total outstandings of Rs 2. 4 lakh crore of the PSBs in fiscal 2018.

15 Jan 2019 10:55 AM

The GST Council doubled the GST exemption limit to Rs 20 lakh for north eastern states and Rs 40 lakh for the rest of the country.

GST exemption limit doubled to give relief to small businesses

GST Council hikes annual turnover for availing composition scheme to Rs 1.5 crore from Rs 1 crore.

10 Jan 2019 4:00 PM

Will take steps if there is liquidity shortage: RBI Governor

Banks have been asked to look at the viability of individual proposals for loan restructuring of MSMEs.

07 Jan 2019 2:13 PM

RBI expected to pay govt up to USD 5.8 billion interim dividend: sources

The government and RBI have now appointed a panel to look into the issue around the sharing of the RBI’s reserves.

07 Jan 2019 1:38 PM

The council, among other things, would also discuss lowering GST on under-construction flats and houses to 5 per cent from 12 per cent.

Ministerial panels on GST relief to MSMEs, levy of calamity cess to meet on Sunday

The decisions of the two ministerial panels would be placed before the GST Council when it meets next on January 10.

05 Jan 2019 3:21 PM

The flow of funds from ICICI Bank will help customers aid their businesses in a seamless manner.

ICICI Bank, Small Business FinCredit join hands to provide loans to MSMEs

The partnership has been forged under the aegis of RBI's circular dated September 21, 2018.

04 Jan 2019 2:39 PM

GST is not levied on buyers of realty for which completion certificate has been issued at the time of sale.

GST relief for MSMEs, homebuyers on the cards

GST Council will consider lowering tax rates on under-construction flats to 5 pc from 12 pc to give a boost to the housing sector.

03 Jan 2019 10:29 AM

Make 2019 year of MSMEs

The MSMEs, who provide a total of 11 crore jobs, need around Rs 45 lakh crores, of which just 17.4 per cent is given by banks.

03 Jan 2019 1:13 AM

Decision to restructure stressed MSME loans of up to Rs 25 cr also has the potential for having negative implications for the credit profiles of Indian banks.

RBI decision to extend timeline for banks to meet capital norms 'credit negative': Moody's

The RBI board decided to retain the capital adequacy requirement for banks at 9 per cent.

20 Nov 2018 12:08 PM

RBI Governor Urjit Patel’s threat to quit is thought to be off the table for now.

RBI, govt to accommodate each other by November 19 meet

Steps to ease credit pressure likely, capital framework row to be put on slow burner.

15 Nov 2018 10:23 AM

The GST help desks will have nodal officers for trade facilitation who would guide the small businesses on their queries surrounding the GST.

CBIC to daily monitor MSME grievance on GST, sets up help desks to resolve queries

The move benefited about 93 per cent of the GST registered taxpayers.

05 Nov 2018 5:46 PM

PM’s Diwali gift to MSMEs: Rs 1 crore loan in 59 minutes

Easing compliance with environmental rules, MSMEs will need single air and water clearance to establish a factory.

03 Nov 2018 12:55 AM

Prime Minister Narendra Modi. (Photo: PTI)

PM announces incentives for MSMEs, Rs 1 crore loan in 59 minutes

12 historic decisions will boost small and medium enterprises, says PM Modi.

02 Nov 2018 5:51 PM

MSME exports were hit more by issues related to GST implementation than demonetisation, according to a report released on Friday.

MSMEs export hit more by GST issues than note ban: report

The growth in credit to MSMEs has recovered since the lows of late 2017 to reach the mid-2015 level.

17 Aug 2018 6:43 PM

Finance Minister Piyush Goyal on Thursday said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalises. (Photo: PTI)

GST on more items to be slashed if revenue increases, says Goyal

Goyal was speaking in the Lok Sabha after moving four bills seeking to amend the Goods and Services Tax laws.

09 Aug 2018 6:15 PM

GST Council secretariat have been tasked to compile the suggestions and responses and send to the CBIC.

States to reach out to traders, industry to list out GST grievances

Council has already allowed companies with turnover of up to Rs 5 crore to file GST returns quarterly.

26 Jul 2018 12:28 PM

The amendments to the insolvency law which empowers home buyers to be recognised as financial creditors was introduced in the Lok Sabha on Monday, even as opposition parties objected to certain changes in the Act alleging that these intended to "help one industry".

Insolvency amendment bill to benefit one industry, says Opposition

The insolvency law empowers home buyers to be recognised as financial creditors.

23 Jul 2018 4:51 PM

In case you are interested in showcasing real life success stories on the silver screen, assistance can be provided by the government, President Ram Nath Kovind told film-makers on Wednesday.

Govt can provide assistance to films on inspiring personalities: Kovind

He cited the example of Tamil Nadu's Arunachalam Muruganantham who made a major contribution in improving menstrual hygiene.

27 Jun 2018 4:08 PM

India is trying to resolve trade disputes with several countries and is willing to create a new world trade order as it extends a hand of friendship to all, Union Minister Suresh Prabhu said on Friday -- a day after the country slapped tariffs on 29 US products in a retaliatory move. (Photo: PTI)

India trying to resolve trade disputes with many nations, says Prabhu

Suresh Prabhu hoped that small and medium enterprises would create more economic opportunities.

22 Jun 2018 3:11 PM

4 of 6

Columns

Shobhaa De