Nearly four million small entrepreneurs, involved in diverse businesses ranging from neighbourhood grocery stores to micro dairy units and carpentry services, availed loans up to Rs 10 lakh in 2016-17 through the scheme.
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Tag: Small business
RBI urges banks to look beyond big tickets & focus on MSME lending
Mundra said there are many “strong and logical” reasons to showcase the importance of the MSME sector in strengthening banking industry because big industrial loans have huge problems and banks cannot merely rely on consumer and/or retail loans.
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Encourage agriculture & small enterprises to boost economy: Arvind Panagariya
Bringing about change at the macro level with rapid growth is necessary to reach up to the top level development.
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EY India launches free of cost GST Helpdesk for small businesses
Built by the EY GST domain experts, EY GST Helpdesk is a free of cost service for small businesses, traders and entrepreneurs wherein information seekers can post their queries.
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Get-Set-Takeoff: Intuit launches GST-ready QuickBook for SMBs
Intuit QuickBook has been working on the GST version for over a year now and meanwhile assisted businesses become GST-ready with their Get-Set-Takeoff (GST) programme.
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#GSTMasterClasses: Turnover no exemption under GST registration for inter-state supply, clarifies Council
If a small businessman wants to do business from his state to another, then it is mandatory to register under GST, even if his annual turnover is less than Rs 20 lakh. The exemption for registration is only for small traders who stick to business within their particular state.
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Small business owners feel jittery over GST
GST rollout may prove to be a bumpy ride for small businesses in Tamil Nadu, Andhra Pradesh and Telangana, according to multiple business people spoke to. While larger companies have either already aligned their systems with GST or are in the last leg of the process, uncertai…
GST will hit small businesses & push Chinese imports: SJM
Days ahead of the launch of GST, the RSS’s economic wing SJM has said the new indirect tax regime will “badly hit small businesses and push Chinese imports“. As the date of implementation of GST is approaching, the heartbeats of small entrepreneurs and traders are increasing, Sw…
2020 तक 8 फीसदी की दर से बढ़ेगा MSMEs का मुनाफा: रिपोर्ट
भारत की स्माल एंड मीडियम साइज इंटरप्राइजेज (एसएमई) घरेलू अर्थव्यवस्था में लगातार विकास को लेकर आशावान है। वहीं छोटे कारोबारियों का मानना है कि 2017 में उनके बिजनेस का प्रदर्शन और बेहतर होगा। ये बातें एक सर्वे में सामने आई हैं। सर्वे अमेरिकन एक्सप्रेस और ऑक्सफोर्ड इकोनॉमिक्स द्वारा मिलकर किया गया …
How DIY App platforms are empowering small businesses
Rakesh Singhal, a small trader at Tripolia Bazaar in Jaipur, primarily dealt in Bandhani, Karchobi – raised zari metallic thread embroidery – and exotic bangles. Between October and March, the months when the weather in Jaipur is good and tourism is at all all-time high, the footfall in his store…