डिजिटल लेन-देन पर लगने वाले ट्रांजैक्शन चार्ज यानी स्रविस चार्ज की ऊपरी सीमा तय करने की तैयारी है। इस बाबत सरकार जल्द ही एक नोटिफिकेशन जारी करेगी। वित्त मंत्रालय के एक उच्च पदस्थ अधिकारी ने कहा, “हम सर्विस चार्ज की कैपिंग (ऊपरी सीमा) तय करने पर विचार कर रहे हैं।” कार्ड पेमेंट कंपनियां…
Tag: Demonetisation
Budget 2017: Veterans & SMEs take on hits & misses
Finance Minister Arun Jaitley has come up with major sops in much awaited Budget 2017-18. Stumbling under the after-effects of demonetisation, SMEs especially had their fingers-crossed when the FM began with the announcements. The 2 hours ticked swiftly once the Minister began strongly positionin…
Post- Budget Tax Cut: State Bank plans scheme to revive SMEs
Close on the heels of the Union Budget proposal on a five percentage point cut in corporate tax to 25 per cent for businesses with a turnover of up to Rs 50 crore, State Bank of India (SBI), which accounts for almost half of the banking sector’s SME portfolio, said it is working on a scheme [&hel…
Textile firms appreciate tax cut for MSMEs in Budget
Textile companies believe that tax reduction for micro, small and medium enterprises (MSMEs), that generate the maximum employment in the country, will help smaller retail entities and drive the growth engine. The abolition of FIPB (Foreign Investment Promotion Board) to ease the flow of FDI is a…
Jaitley provides tax breaks to start-ups and SMEs, but their concerns remain
The Union Budget 2017 seeks to strengthen the push to a digital and cashless economy. It is good on intentions and takes baby steps towards a digital India, the move which was kick-started with the demonetisation drive. The Budget, which revolved around farmers, youth and affordable housing, also…
Budget 2017: ‘Big Relief’ to MSME sector, says Kalraj Mishra
New Delhi: Asserting that the Budget provides a ‘big relief’ to the MSME sector, Union Minister Kalraj Mishra today said announcements like the lowering of income tax for smaller firms and doubling the lending target under MUDRA Yojana will benefit small entrepreneurs in the country. …
Budget 2017: Cheer for SMEs after the pain of demonetisation
The Finance Minister has taken a bold position by increasing the fiscal deficit to 3.5% as against the initial expectation of 3% on the back of substantial increase in expenditure to boost Rural India, Infrastructure and various other growth projects. The key to success will be effective executio…
Budget 2017: A thumbs up for ‘Digital India’ – FM unveils series of reforms
In a big push to digital economy, Finance Minister Arun Jaitley in his Budget announced a plan to boost digital transactions by removing service tax on railway tickets booked via IRCTC portal, establishing a travel portal for Indian defence forces and launching Aadhaar Pay, a merchant app for Aad…
Budget 2017: SMEs to gain from tax cut amid pain due to demonetisation: EEPC
Mumbai: Cut in corporate tax for the companies with turnover of Rs 50 crore or below would befit small and medium enterprises engaged in the export sector, said Engineering Export Promotion Council of India’s Chairman TS Bhasin. In the Union Budget for 2017-18, Finance Minister Arun Jaitley has p…
Budget 2017: Arun Jaitley announces sops for demonetisation-hit MSME
Reeling under the pressure of demonetisation, which has weeded out 86% of the country’s bank notes, Arun Jaitley, while presenting his Budget on February 1 focused on startups, and the small and medium enterprises. It meant several tax SOPs for the sector. Jaitely said that corporate tax has been…