Tag: Federation of Indian Micro and Small and Medium Enterprises (FISME)

MSMEs want their own income disclosure scheme

Cash-starved Micro Small and Medium Enterprises (MSMEs) have sought a one- time “disclosure” scheme, which will allow them to declare their actual annual turnovers, with the promise that they will not be harassed for audit records of previous years. MSMEs sometimes under report their turnovers to…

E-commerce platform can give SMEs access to global markets: Rita Teaotia

E-commerce platform is fast emerging as a new trend in global trade and SMEs should use this medium to get direct access to the world markets, a top government official said today. Commerce Secretary Rita Teaotia said the e-commerce platform significantly reduces the interference of middleman and…