The incentives announced for the MSME sector in this year’s Budget, combined with the entire windfall from demonetisation, is expected to result in increased credit uptake and could take the form of a credit bank for start-ups. “Whether it will be in terms of an institutional formation such as a …
Tag: MAT
Budget 2017: Nasscom seeks removal of angel tax, MAT exemption for start-ups
Reduction of long term capital gain tax, allowing tax sops for angel investors besides exemption from minimum alternate tax are some of the key recommendation suggested by India’s apex technology industry body Nasscom to the Finance Ministry ahead of the Union Budget 2017. In a note, it sug…
Post-demonetisation, budget to offer tax cuts for SMEs
With the impact of demonetisation on the Small & Medium Enterprises (SMEs), Finance Minister is likely to provide tax cuts to boost the SMEs businesses that have faced the hardships in the past few months. This year budget would likely be announced on Feb 01, 2017 and the government has time …
India’s Coir export increase by 17 per cent | Kalraj Mishra
Coimbatore, July 16: Union MSME Minister Kalraj Mishra inaugurated India International Coir Fair (IICF-2016) showcasing a wide range of coir products. This expo is believed to be the largest coir confluence in the world. Organised by the Coir Board, under ministry of micro, small and medium enter…
Xavient looks forward to job creation via Budget-2016
Global IT consulting and Software Services Company Xavient has demanded tax sops to companies in 2016 budget for encouraging employment. “All eyes are on the Budget 2016-17 this February. One of the very obvious expectation that is taking the rounds is initiated by Prime Minister’s idea of creati…