The combined effect of monthly tax payments, receivables on account of a longer trade credit cycle, and possible delays in getting Input Tax Credit could see funds getting blocked
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Tag: SME News
Trade deficit with China: Govt may soon impose anti-dumping duty on radial tyres
Imposition to boost domestic rubber manufacturing MSME units, procedure in progress Directorate General of Anti-Dumping and Allied Duties (DGAD)
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SIDBI operationalises merchant banking to push capital access of MSMEs
SIDBI has supported over 125 Venture Capital Funds, finds an extended service for listing the investee companies in SME exchanges through its merchant banking operations
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Easy loans come to rescue as SMEs inch towards GST
Banks releasing working capital loans for SME clients & providing own readymade SaaS-enabled platforms for easier GST compliance; Online lenders trying to tap into post-GST market
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‘21st century India needs to sow seeds of skilled entrepreneurship’
A course on entrepreneurship for high school students has become the need of the hour to empower students to think out-of-the-box, look at unconventional ways for problem-solving and identify needs that have not been met, says Husien Dohadwalla
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GAIL to give wings to start-up ideas with corpus of Rs 50 cr
GAIL to mentor start-ups in core areas like natural gas & derivatives; Launches start-up web portal for proposal submission
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Odisha may come up with credit plan for MSMEs to smoothen flow of loans
The Chief Secretary and Chief Development Commissioner of State Government A P Padhi directed officials to facilitate loans as well as allot lands to entrepreneurs to boost employment opportunities in the state.
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Skill India Mission: Maharashtra tops the skilling chart; UP & TN follow
Of total skill trained workforce in Maharashtra, 60 per cent women UP skills 8.5 lakh, while TN trains 8.45 lakh people across 1900 job roles
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‘GST is a key catalyst for India’s fintech revolution’
Indian businesses have used a pen-and-paper mechanism for keeping records for over 60 years now, and GST has toppled the proverbial apple cart in a big way. Small businesses who have never used an invoicing or return-filing software before now have to use digital solutions.
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Trend Alert: B2B start-ups to take an edge over B2C, says Mohandas Pai
Business to Business (B2B) start-ups are observing an upward trend in the funding space given the growing demand for backend service support in the business ecosystem, said Mohandas Pai at a panel discussion of ‘BizLab Takeoff 2017’ organised by Airbus BizLab in Bengaluru. Pai, who is the Co-Foun…