Financeseva Blogs

Latest Circular - RBI not to provide moratorium but restructuring 2.0 set up for borrowers

Financeseva 05-May-2021

Reverse Bank of India Governor Shaktikanta Das,stated today to provide restructuring alternatives to the borrowers who are thinking that it's hard to repay loan on schedule period. The new restructuri...

MCA Updates - 03.05.2021

Financeseva 04-May-2021

@contentImg1. Relaxation of time for fil...

SIDBI Assistance to Healthcare sector in War Against Second Wave of COVID-19 @4.50%- 5% p.a

Financeseva 03-May-2021

Target Customer / Purpose Micro , Small & Medium Enterprises engaged in manufacturing of oxygen cylinders , Oxy – generators , Oxygen Concentrators,Liquid Oxygen or providing services in tr...

AROG SIDBI Assistance to MSMEs for Recovery & Organic Growth during COVID 19 pandemic @ 5.50% - 6% p.a

Financeseva 03-May-2021

Target Customer / Purpose Micro, Small & Medium Enterprises engaged in manufacturing of products or providing services which are directly related to fighting corona virus , such as Pulse Oxim...

Is Unsecured Business Loan Safe for Small Businesses

Financeseva 27-Apr-2021

Do you own a small business and in need of funds? Exploring unsecured business loans but not sure how safe it is? Read through to get all your questions answered.Small businesses often face challenges...

Tips and Advice on Loan Against Property

Financeseva 20-Apr-2021

Do you want to Opt for a Secured Loan?Nothing could be secured other than a loan against property (LAP).To have a smooth journey with LAP you should know all in and out about it.If you are new to the ...

Changes by Ministry of Company Affairs wef 1st April 2021 to ensure more and more transparency

Admin 31-Mar-2021

Schedule III of the Companies Act 2013 contains the general instructions for preparation of Balance Sheet and Statement of Profit and Loss of a Company.Following are the changes made in the financials...

Financial year commencing on or after the 1st day of April, 202

Admin 26-Mar-2021

Financial year commencing on or after the 1st day of April, 2021, every company which uses accounting software for maintaining its boo...

SEBI specifies investment limits for mutual fund scheme

Admin 12-Mar-2021

Circular No. SEBI/HO/IMD/DF4/CIR/P/2021/032, Dated 11.03.2021 The market regulator, SEBI has decided to put investment limits for mutual funds schemes with special features like Additional Tier 1...

Aims to make automobile industry worth 10 lakh crore in next 5 years: Gadkari

Admin 12-Mar-2021

Union minister Nitin Gadkari inaugurated two technology/innovation center at Visakhapatnam in Andhra Pradesh and Bhopal in Madhya Pradesh. The mechanical focuses ought to have coordination,...

cheques & passbooks of the following merged banks will be invalid and will not be accepted in the banking system with effect from 01-Apr-2021

Admin 11-Mar-2021

Discontinuation of Cheques of Merged Banks*Dear All,This is to alert you that the cheques & passbooks of the following merged banks will be invalid and will not be accepted in the banking system w...

Provisions of Rule 10VA would apply if application is made seeking approval for lower fund manager remuneration

Admin 11-Mar-2021

Notification No. 13/2021, dated 09-03-2021 Section 9A(3)(m) of the Income-tax Act, 1961 provides that payment of remuneration by an eligible investment fund to an eligible fund manager in re...

To improve coal output govt recognizes 15 new projects with 160 mtpa limit

Admin 11-Mar-2021

To improve coal output and reduce imports, Coal India Ltd (CIL) has recognized 15 new projects with an ability to deliver 160 million tons for each annum, Parliament was informed on Wednesday. Coal In...

Reliance Jio Launches JioBusiness For MSME, Monthly Rental Ranged From Rs 901 To Rs 10,001

Admin 10-Mar-2021

Reliance Jio has launched a coordinated innovation arrangement 'Geobusiness' for very small, small and medium enterprises (MSME). The organization has said that the reason for launching this arrangeme...

Women entrepreneurs greatest beneficiaries of PM Modi's Stand-Up India, Mudra scheme

Admin 09-Mar-2021

Prime Minister Narendra Modi government's two pet scheme to help entrepreneurship and independent work by aiding set-up micro enterprises — Stand-Up India and Pradhan Mantri Mudra Yojna (PMMY) — h...

Undisclosed income of more than Rs. 1,000 crore discovered during search of two Chennai based group: CBDT

Admin 09-Mar-2021

Press Release, dated 07-03-2021 The Income-tax Department has carried out search actions on 04-03-2021 in the case of two Chennai based groups. One is a leading bullion trader in Tamil Nadu ...

MCA notifies amendment to provisions relating to Annual returns w.ef. 05.03.2021

Admin 08-Mar-2021

Notification No. S.O. _(E) Dated, 05.03.2021 MCA has notified amendment to section 92 of Companies Act, 2013 which relates to Annual Return. The amendment was earlier introduced vide Companies (A...

CBDT prescribes manner to compute annual accretion related to excess contribution made by employer to welfare funds

Admin 08-Mar-2021

Notification No. 11 /2021, 05-03-2021 Under the provisions of the Income-tax Act, the contribution by the employer to the account of an employee in a recognized provident fund is chargeable ...

IBBI puts in place web platform for placing of stakeholder’s list on the IBBI’s website

Admin 08-Mar-2021

CIRCULAR No. IBBI/LIQ/40/2021 Dated, 04th March, 2021 The IBC read with the IBBI (Liquidation Process) Regulations, 2016 (Liquidation Process Regulations) requires that the liquidator shall verif...

Now Small Cos. and OPCs shall have to file e-form MGT-7A for filing of their Annual returns: MCA

Admin 08-Mar-2021

Notification No GSR-(E). Dated 05.03.2021 The MCA has notified amendment to the Companies (Management and Administration) Rules, 2014 requiring every OPC and Small Company to file their annual re...

PM Modi's Mudra loan scheme disbursed 94% of sanctioned amount to micro, small businesses

Admin 08-Mar-2021

Prime Minister Narendra Modi's Pradhan Mantri Mudra Yojana (PMMY) scheme to promote entrepreneurship and self-employment has disbursed 94% of the loan amount sanctioned to micro and small enterprises ...

Bank credit to micro, small businesses up more than 6% in December from year-prior in the midst of Covid, shows RBI information

Admin 04-Mar-2021

The credit guarantee fund trust for micro and small enterprises (CGTMSE), which works the collateral free loan ensure scheme for MSEs, has affirmed 5.99 lakh advances for a measure of Rs 30,216.62 cro...

Benefit of exemption from penalty is available if intention to evade tax doesn’t appear at any stage of proceeding

Admin 03-Mar-2021

Jitendra Sharma v. JCIT - [2021] (Indore - Trib.) Assessee, along with two persons entered into an agreement for purchase of immovable property valuing Rs. 75 lakhs. The transaction was carr...

GST Revenue collections in the month of February 2021 is Rs.1,13,143 crores

Admin 03-Mar-2021

Press Release The gross GST revenue collected in the month of February 2021 is Rs. 1,13,143 crores of which CGST is Rs. 21,092 crores, SGST is Rs. 27,273 crores, IGST is Rs. 55,253 crores and Ces...

NSE joins hands with SIDBI for debt capital platforms for MSMEs

Admin 03-Mar-2021

The National Stock Exchange (NSE) said it has entered into an agreement with Small Industries Development Bank of India (SIDBI) to explore the attainability of a debt capital platforms for the MSMEs.&...

Goyal asks that BIS cut quality testing charges for MSMEs, new startup and women entrepreneurs

Admin 02-Mar-2021

Food and Consumer Affairs Minister Piyush Goyal said the charges for testing nature of products ought to be reduced for MSMEs and beginning period of new startup and women entrepreneurs' visionaries t...

Last date to opt for & making payment without additional charge under ‘Vivad se Vishwas’ extended by one month

Admin 01-Mar-2021

Notification no. 09/2021 The Central Board of Direct Taxes (CBDT) has extended the last date to opt for and making payment without any additional charges under the Vivad se Vishwas Act, 2020 by a...

SEBI extends facility to conduct meetings of unit holders of REITs and InVITs via VC/OAVM

Admin 01-Mar-2021

CIRCULAR NO. SEBI/HO/DDHS/DDHS/CIR/P/2021/21 The market regular, SEBI has decided to extend the facility to conduct meetings of unit holders, through VC or OAVM for REITs/InvITs. Accordingly, Ann...

Govt. specifies 50 lakh registered users in India as threshold for reckoning ‘Significant Social Media Intermediary’

Admin 01-Mar-2021

NOTIFICATION NO [F. NO. 16(4)/2020-CLES] The Central Government has specified fifty lakh registered users in India as the threshold for a social media intermediary to be considered a signifi...

KVIC's e-commerce portal crosses Rs 1 cr sales; delivers more than 1 lakh product

Admin 01-Mar-2021

The e-commerce portal of Khadi and Village Industry Commission (KVIC) has registered gross online deals worth over Rs 1.12 crore just within the eight months of its operations. The online portal, laun...

Walmart Vriddhi to assist MSMEs with developing Uttar Pradesh

Admin 27-Feb-2021

Worldwide retailer Walmart on Thursday extended its MSME-centered Vriddhi e-institute to Uttar Pradesh, beginning with Agra. The stage will give small businesses admittance to abilities and skil...

IRDAI asks Insurers to take conscious call on declaring dividend for F.Y 2020-21

Admin 27-Feb-2021

CIRCULAR NO. IRDA/F&A/CIR/MISC/032/02/2021The IRDAI has observed that insurers' performance in terms of business is gradually reviving. Therefore, it has been decided to withdraw the circular on d...

SEBI seeks report from NSE on “trading halt”

Admin 27-Feb-2021

Press Release No. PR No.8/2021, The SEBI has advised NSE to carry out a detailed root cause analysis of the “trading halt” witnessed at NSE and explain the reasons for trading not migrating t...

SIDBI extends state-wise MSME program to Andhra Pradesh

Admin 26-Feb-2021

Small Industries Development Bank of India (SIDBI) — the vital financial institution focusing on micro, small, and medium enterprises (MSMEs) has extended its MSME uphold program to build up a 'proj...

CBDT transfers pending cases under Black Money Act to Central Charges; issues guidelines for smooth transfer

Admin 26-Feb-2021

Notification F. No.225/24/2021fITA-II, dated 23-02-2021 The Central Board of Direct Taxes (CBDT) has decided to transfer all cases under Black Money (Undisclosed Foreign Income and Assets) and Im...

Haryana State Pollution Control Board notified for the purpose of section 10(46) exemption

Admin 24-Feb-2021

Notification No. 8/2021, dated 22-01-2021 The Central Board of Direct Taxes (CBDT) has notified ‘Haryana State Pollution Control Board’, a Board constituted by the State Government of Haryana...

Tax Dept. conducts search & seizure operation in Pune & Bhopal

Admin 24-Feb-2021

Press Release, dated 22-01-2021 The Income-tax Department has carried out search and seizure operation on 17-02-2021 on a group based in Sangamner, Pune at 34 different locations across Maharasht...

Asset monetisation : overall of Rs 2L cr seen by 2024

Admin 24-Feb-2021

The govt will soon form up a pipeline of infrastructure assets which belonging to various department and state-run entities for monetisation throughout the upcoming three years. The assets that would ...

Tax Dept. conducts search & seizure operation on Multi-specialty Hospital in Srinagar

Admin 23-Feb-2021

Press Release, dated 21-02-21 The Income Tax Department has carried out search and seizure operation on a group running the biggest private Multi-specialty Hospital in Srinagar with mor...

PM Modi's pro entrepreneurship scheme disburses Rs 1,300 cr subsidy in FY21 ; Bank of Baroda has contributed more

Admin 23-Feb-2021

The Modi government's professional business venture conspire Prime Minister's Employment Generation Program (PMEGP) has disbursed an margin money (subsidy) of Rs 1,279.72 crore as of January 31, 2021,...

Atmanirbharta through FDI

Admin 22-Feb-2021

Finance minister Nirmala Sitharaman declared a several activities that will help encourage the reconciliation of Atmanirbhar Bharat with the worldwide economy. The public authority is going all out to...

CBIC provides permanent facility to resolve invoice mismatch error (code SB-005) on payment of fees of Rs. 1000

Admin 20-Feb-2021

Circular No. 05 /2021-Customs Dated 17th February, 2021 CBIC has provided the facility for resolving invoice mismatch errors with officer interface as an alternative measure for the shipping bill...

Indian Bank signs MOU with SID of IISc, for subsidizing Start-ups and MSMEs

Admin 20-Feb-2021

State-owned Indian Bank said it has entered a MOU with Society for Innovation and Development (SID), an activity of Indian Institute of Science, for stretching out select credit facility to Start-ups ...

Bank of Maharashtra has tie – up with Vanaya Network for channel financing

Admin 19-Feb-2021

Bank of Maharashtra on Thursday went into an strategic partnership with fintech organization Vayana Network to offer channel financing support for MSMEs. Vayana is India's biggest inventory network fi...

CBDT amends ‘Faceless Assessment Scheme, 2019’ to bring provisions at par with Section 144B

Admin 19-Feb-2021

Notification S.O. 741(E) & 742(E), dated 17-02-2021 The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 has inserted a new Section 144B to the Income-tax&nb...

Technology industry driving India's recovery post Covid far better

Admin 18-Feb-2021

The Indian innovation sector recover to develop at 2.3% year-on-year on the rapid of quick increasing speed in digital transformation and tech adoption .As the financial year 2020-2021 comes a conclus...

RBI allows Authorised Dealer Category-I Banks to post and collect margin in India

Admin 17-Feb-2021

CIRCULAR NO. RBI/2020-21/98 A. P. (DIR SERIES) CIRCULAR NO. 10, Dated 16.02.2021 The Reserve Bank of India (RBI) has allowed AD Cat-I banks to post and collect margin in India, on their own accou...

New industrial policy of Tamil Nadu expects to attract in Rs 10 lakh-crore investment by 2025

Admin 17-Feb-2021

Tamil Nadu government presented new industrial policy 2021 to accomplish a yearly development rate of 15% in the manufacturing sector while attracting investment worth Rs 10 lakh crore and creating jo...

RBI tightens investment norms in NBFC from FATF non-compliant jurisdictions

Admin 16-Feb-2021

Circular No. DOR.CO.LIC.CC No.119/03.10.001/2020-21, Dated February 12, 2021 In order to curb money laundering, the Reserve Bank of India has come up with a circular wherein it has been cla...

NBFCs look for relaxations to new guidelines proposed by RBI

Admin 15-Feb-2021

Non-banking finance companies (NBFCs) have requested similar advantages as given to banks while the central bank hopes to fit guidelines for all lending institution as much as similar. These lenders h...

Check your Startup Eligibility Criteria for Startup India Seed Fund Scheme (SISFS)

Admin 13-Feb-2021

The Indian government has approved the Startup India Seed Fund Scheme (SISFS), which will give beginning phase subsidizing to tech new startup by means of a corpus of INR 945 Cr. The Startup India See...

UP Govt targets 250% increase in exports within 4 years

Admin 13-Feb-2021

Adjusting itself to the central government's point of expanding trades, the Uttar Pradesh government has set itself a profoundly aspiring objective of exporting goods products worth Rs 3 lakh crore in...

2020 funding in new startup taking into small business technology adoption, access to finance jump regardless of Covid impact

Admin 12-Feb-2021

Investments in beginning phase enterprises taking into innovation/technology adoption among small and medium enterprises (SMEs) in 2020 expanded to $51 million across nine arrangements from $6 million...

CBIC issued guidelines on procedure to be followed during search operation

Admin 11-Feb-2021

Instruction No. 01/2020-21 Dated 2nd February, 2021 CBIC has issued guidelines concerning the procedures to be followed during search operation. These guidelines must be adhered to while conducti...

SEBI prescribes revised disclosure format under insider trading norms

Admin 11-Feb-2021

CIRCULAR No. SEBI/HO/ISD/ISD/CIR/P/2021/19, Dated, February 09, 2021 Considering amendments to the SEBI (Prohibition of Insider Trading) Regulations 2015 on the inclusion of member of the promote...

IRDAI advices insurers to issue digital insurance policies via Digilocker

Admin 11-Feb-2021

CIRCULAR NO. IRDAI/ INT/ CIR/ DGLKR/ 030/ 02/2021, Dated 09.02.2021 In order to promote the adoption of Digilocker in the insurance sector, the IRDAI has advised all applicants to enable their IT...

Almost 70K women borrowers get credit guarantee under Modi govt's lead MSME support scheme

Admin 11-Feb-2021

The credit guarantee reserve trust for micro and small enterprises (CGTMSE), which works the credit guarantee conspire for micro and small enterprises (MSEs), has concurred ensure approval to 67,171 l...

MSME registration crosses 20-lakh mark on Modi govt's Udyam portal; almost double in three months

Admin 10-Feb-2021

The Modi government's new paperless web portal to ease MSME registration– Udyam Registration, launched on July 1, 2020, has crossed the 20-lakh-registration mark. As of February 1, 2021, the entranc...

RBI tightens norms for Loans and advances to directors and their relatives by UCBs

Admin 09-Feb-2021

CIRCULAR NO. DOR.CRG.CRS.CIR.NO.5/13.05.000/2020-21, Dated 08.02.2021 The Reserve Bank of India (RBI) has revised directions on the subject issued to Primary (Urban) Co-operative Banks (UCBs). &n...

RBI allows banks to deduct amount equal to credit disbursed to ‘New MSME borrowers’ from their NDTL to calculate CRR

Admin 09-Feb-2021

Circular No. DOR.No.Ret.BC.37/12.01.001/2020-21, Dated 05.02.2021 The Reserve Bank of India (RBI) has allowed Scheduled Commercial Banks to deduct the amount equivalent to credit disbursed to ‘...

41.75 crore bank accounts opened under Pradhan Mantri Jan Dhan Yojana

Admin 09-Feb-2021

The public authority today said that an absolute number of 41.75 crore accounts have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) out of which 35.96 crore accounts are employable. Th...

Banks are required to maintain the CRR at 3.50 per cent of their NDTL: RBI

Admin 08-Feb-2021

Circular no. DOR.No. Ret.BC.35/12.01.001/2020-21, February 05, 2021 As announced in paragraph 2 of the Statement on Developmental and Regulatory Policies of February 05, 2021, the RBI decided to ...

No different registration is needed to deliver investment exhortation to general financial backers under IA guideline

Admin 08-Feb-2021

Circular No. SEBI/HO/IMD/DF1/OW/P/2021/3186. Dated 05.02.2021 The SEBI made it clear in an interpretive letter issued to Sundaram Alternate Assets Limited under the informal guidance scheme that ...

DGFT presents E-Tariff Rate Quota ('TRQ') framework for handling TRQ applications

Admin 08-Feb-2021

DGFT has introduced e-TRQ system. With effect from 8th February, all applications will be submitted on the e-Tariff Rate Quota system. All TRQ licenses will be issued electronically and no ...

Nitin Gadkari suggest approach to boost khadi, village enterprises turnover; looks for research-drove tech changes

Admin 08-Feb-2021

MSME Minister Nitin Gadkari has called for research-based innovation changes by small companies focusing on provincial regions for lasting and transformative effect at the town level. Tending to...

Delhi govt move tender to set up 500 EV charging focuses at 100 location

Admin 06-Feb-2021

Delhi Power Minister Satyendar Jain recently declared that the government has skimmed a delicate to set up 500 EV charging focuses at 100 location. Delhi government has move country's greatest t...

SEBI lays down directions for setting up of Limited Purpose Clearing Corporation by mutual fund houses

Admin 05-Feb-2021

The SEBI has issued guidelines for setting up limited purpose clearing companies (LPCC) by asset management firms, making it compulsory for them to contribute toward the share capital of such entities...

CBIC modifies Bond (B-17) execution process: Circular

Admin 05-Feb-2021

CBIC has clarified that in case of B-17 bond executed by EOU/STP/EHTPs in capacity of proprietorship or partnership firm; surety cannot be given by proprietor/ partner himself. Such assurances s...

2021 setting up for another new development era, says Shaktikanta Das

Admin 05-Feb-2021

The six-member Monetary Policy Committee of the Reserve Bank of India, headed by Governor Shaktikanta Das, Friday chose to keep up business as usual on approach rate. The repo rate stood unchanged at ...

Quarterly Returns with Monthly Payment Scheme

Admin 04-Feb-2021

A. Eligibility and Optingfor the scheme 1.What is “Quarterly Returns with Monthly Payment(QRMP)” Scheme?QRMP scheme is for small ta...

GOVERNMENT OF ODISHA FINANCE DEPARTMENT

Admin 04-Feb-2021

GOVERNMENT OF ODISHA FINANCE DEPARTMENT No. 0 7 &nb...

Core sector to see faster recovery than others

Admin 04-Feb-2021

India's core sector will see a quicker recovery than others over the next one year, thanks to a precise push by the public authority for infrastructure creation, finance minister Nirmala Sitharaman st...

India can make its own Aatmanirbhar secured internet by setting up root server locally for under Rs 10 cr

Admin 04-Feb-2021

With more than 50% offer in next-generation IP addresses, India currently can possibly make its own secured internet by setting up a root server locally for not as much as Rs 10 crore, as indicated by...

CBDT extends due date for opting of Vivad se Vishwas scheme to February 28, 2021

Admin 03-Feb-2021

The Central Board of Direct Taxes (CBDT) has further extended the late date for filing declaration to opt for Vivad se Vishswas Scheme. The final date for filing statement is extended from Janua...

MCA allows Start –up companies to enter scheme of merger and amalgamation

Admin 03-Feb-2021

The Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 whereby a new sub-rule (1A) has been inserted to the Rule 25 of t...

MCA revises definition of “Small Cos”; raises threshold for paid up capital from Rs. 50 lakhs to Rs. 2 cr.

Admin 03-Feb-2021

The Ministry of Corporate Affairs (MCA) has informed the Companies (Specification of Definitions Details) Amendment Rules, 2021, where the threshold limit for small businesses has been increased. &nbs...

NBFCs can start recovery in Rs 20-lakh credit default under SARFAESI Act

Admin 03-Feb-2021

Finance minister Nirmala Sitharaman has proposed to bring down the limit for non-banking financial organizations (NBFCs) to start recovery procedures against loan defaulters under the Securitisation a...

Union Budget Speech 2021-22: FY21 shortage at 9.5% shows govt expenditure expanded, says FM

Admin 02-Feb-2021

FM Nirmala Sitharaman stated while announcing Union Budget 2021. Among expensive measures, FM proposed a Rs 64,180-crore Aatmanirbhar Swastha Bharat conspire considering the pandemic. Just multi...

Govt. launched “Startup India Seed Fund Scheme” to provide funding to technology-driven start-ups

Admin 30-Jan-2021

The Central Government has affirmed the 'Startup India Seed Fund Scheme (SISFS)' to give monetary help to new companies to verification of idea, model turn of events, item preliminaries, market passag...

MCA relaxes additional fees on submission of annual financial statement till February 15, 2021

Admin 30-Jan-2021

CIRCULAR NO. 4/2021, Dated 28.01.2021 In order provide extra time to stakeholders, the Ministry of Corporate Affairs has decided that no additional fees shall be levied up to Feb 15, 2021 for the...

PM Modi's SVANidhi credit scheme crosses more than 50% sanctioned loan application

Admin 30-Jan-2021

The Modi government has empowered sanctioning of over 54.8 percent of uses got under its micro-credit crosses PM SVANidhi for nano or micro-entrepreneurs' people to scale their organizations and upgra...

NABARD estimate credit capability of Rs 2,21,211 crore for West Bengal for Financial year 2021 - 22

Admin 29-Jan-2021

National Bank for Agriculture and Rural Development (NABARD) has assessed a credit capability of Rs 2,21,211.17 crore for West Bengal for the financial year 2021-22 under the need areas. Of the ...

Piyush Goyal looks for India Inc's aid to ensure new startup don't sell out 'cheap' to international investor

Admin 28-Jan-2021

Days after Prime Minister Narendra Modi reported a Rs 1,000-crore seed fund for a new startup, Commerce Minister Piyush Goyal has now asked to set up Indian organizations and business-people to "devot...

Govt may announce steps to ease e-commerce export & imports

Admin 27-Jan-2021

The public authority in the financial plan one week from now is relied upon to report estimates, for example, broadening the facility of mass clearance for e-commerce imports and exports with the end ...

Constitutional validity of Rule 86B challenged in Gujarat HC, notice issued to Govt

Admin 25-Jan-2021

Rule 86B of the Central Goods and Services Tax Rules, 2017 has been introduced w.e.f. 1st January 2021 vide Notification No. 94/2020 - Central Tax which allows utilization of ITC u...

JSW Steel's net benefit jumps multiple times to Rs 2,669 crore

Admin 25-Jan-2021

Sponsored by a solid recovery in steel interest, JSW Steel on Friday revealed a heavenly arrangement of numbers for the three months of October-December, as the net benefit expanded almost multiple ti...

About 50% respondents feel Budget 2021 will revive their business

Admin 25-Jan-2021

Around 50% of the business respondents feel that the upcoming Union Budget will revive their business, while a dominant part are optimistic about financial recovery and request improvement. While...

Government is working with SBI to launch an e-commerce portal for MSME

Admin 25-Jan-2021

The MSME Ministry is working with the State Bank of India to launch the e-commerce portal for MSMEs that will help them market and sell their items in India and universally like stages, for example, A...

CBIC issued instructions for its officers while filing Appeals/Petitions before Courts/ Tribunals

Admin 25-Jan-2021

Circular No. 1077/01/2021 – CX Dated 19th January 2021BIC has directed its officers to strictly adhere to the aspect of limitation in filing appeals/ petitions before Courts/ Tribunal. Signifi...

Government should boost & inspire local production, supply chains by partnering with MSMEs

Admin 25-Jan-2021

The MSME sector was one of those sectors that were worst hit by covid-19 pandemic. With more than 25-30 million positions lost in the time of March-June 2020 alone according to SKOCH Group overview, t...

To create awareness about SME listing BSE has signs MoU with Maharashtra government

Admin 25-Jan-2021

Leading stock trade BSE said it has held hands with the Maharashtra government to make mindfulness about advantages of listing among small and medium enterprises (SMEs) of the state. In suc...

MSMEs look for extension of credit guarantee scheme with Interest subvention scheme

Admin 25-Jan-2021

MSMEs, which were allotted Rs 3.7 lakh crore of the Atmanirbhar bundle a year ago by the public authority, are looking for an additional lift to the credit side of their requirement to get back in the...

Major things & Tips to consider while taking Home Loan

admin 25-Jan-2021

Property is a resource that encourages you to receive various finance-related advantages. Regardless of whether you are searching to buy property for investment purposes or for finding your new home, ...

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