Tag: Rajya Sabha

Textile SMEs unaffected by GST rollout: Arun Jaitley

Union Finance Minister Arun Jaitley has said small retailers in textiles sector have not been affected by Goods and Services Tax (GST), while replying to a starred question in Rajya Sabha on July 18 in a written reply. The Finance Minister said that organised players and unorganised sellers are l…

GST: Here’s how it will help your start-up

The long awaited constitutional amendment to Goods and Services Tax (GST) at last observes the light of the day. The GST bill has finally been passed in the Rajya Sabha and the nation is hoping to usher in this revolutionary move in the way indirect taxes are calculated. It is esteemed to benefit…

नोटबंदी के SME सेक्टर पर प्रभाव को लेकर मंत्रालय ने नहीं कराया कोई सर्वे: MSME राज्य मंत्री

एमएसएमई राज्य मंत्री हरीभाई पार्थीभाई चौधरी ने राज्यसभा द्वारा पूछे गए एक सवाल के लिखित जबाव में कहा है कि एमएसएमई मिनिस्ट्री ने विमुद्रीकरण का एमएसएमई सेक्टर पर क्या प्रभाव पड़ा है, इसका कोई स्वतंत्र रूप से मूल्यांकन नहीं किया है। और इस दौरान एमएसएमई सेक्टर के श्रमिकों के विस्थापन की भी कोई जानक…

Not conducted assessment of note ban on MSMEs: Minister

New Delhi: The government has not conducted any independent assessment of the impact of demonetisation on the MSME sector and has no information about the retrenchment of workers due after note ban, a Union Minister said. “The Ministry of MSME (micro, small and medium enterprises) has not c…

Baked Beauty | Frosting cakes to customers’ taste

Life is full of questions, to which cake is a lip-smacking answer. Making life a little sweeter is Baked Beauty, an eventual destination for connoisseurs of all varieties of cakes customised to suit personal savor. “We customize baked products or desserts according to the needs and wants of the c…

Digital India: Cabinet okays ordinance to modify the way workers are paid

In a move to promote cashless transaction, the Narendra Modi government decided to bring in an ordinance to amend the Payment of Wages Act for allowing business and industrial establishments to pay salaries through cheques or electronically. According to a report, employers will also have the opt…

Demonetisation: Measures to provide relief to Powerloom industry

Immediately after the demonetisation initiative, a quick survey of Powerloom units was undertaken in major Powerloom clusters to assess the impact on the decentralised Powerloom Sector. To address the issues of shortage of new currency, Government has initiated immediate action to enable cashless…

Govt revises the provisions of Technology Upgradation Fund Scheme

The Government has approved “Amended Technology Upgradation Fund Scheme (A-TUFS)” in place of Revised Restructured Technology Upgradation Fund Scheme (RRTUFS) for technology upgradation of the textile industry with one time capital subsidy for eligible benchmarked machinery for a period of seven …