BSNL launches GST app for small traders

New Delhi: State-owned Bharat Sanchar Nigam Limited (BSNL) August 29 launched a GST (Goods & Service Tax) app to help small traders file tax. The initial GST plan is free for upto 2,000 invoices and for bills between 2,000 and 6,000, Rs 1,999 would be charged annually, and for invoi…

Attractive returns driving FIIs & hedge funds to invest in SMEs

Mumbai: Foreign institutional investors and hedge funds participating in the initial public offering made on the small and medium enterprises (SME) exchange platforms is fast gaining traction. Investors are flocking to SME stocks as the reward for the risk taken on the SME platform is more attrac…

How small industries need good data management to improve efficiency

SMEs account for 45 per cent of total industry output and 40 per cent of total exports. They are a real driving force in the economy, with widespread effect on everything from poverty levels and employability to the allocation of activity in the economy and beyond