Y MSME ??? Some key comforts of registration in MSMEs. MSME registration helps in getting government tenders as fast as possible. Under the bank loan, 15% import subsidy on fully automatic machinery. Becomes easy to get licenses, approvals and registrations, irrespective of field of business. Compensation of ISO certificate expenditure. Helps in getting low interest rates. Registered […]
MSME refers to Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy. MSME are classified into two categories: MANUFACTURING SERVICE They are defined in term of investment in Plant and Machinery/ Equipment as below: MICRO SMALL MEDIUM Manufacturing Enterprises Investment > Rs. 10 Crore Investment […]
15
May
May
Key Announcement by FM Today-3Rd Day 1. Fund of 1Lac Cr Created for Agri Infra- Farm Gate Infra to be created, New Warehouses will be created, Cold chain, Primary Agriculture Society, Aggregators in This sectors, Startup in this sector. 2. Food Enterprise Micro in Nature- 10000cr Micro Fund will be created for cluster based approach. […]
Important points of the Press conference of Honorable FM: 👉 Six major steps for MSME 1. Collateral Free Automatic Loan to MSME. No guarantee required. Period 4 Years. No principal repayment for 1 year. 2. Stressed MSME: Subordinate Debt 20,000 crore 3. MSME doing viable business: 50,000 cr. equity infusion for expansion 4. Definition of […]
01
May
May
As per the information received from reliable sources and members , STATE BANK OF INDIA HAS ALLOTED BRANCHES TO BE AUDITED FOR THE YEAR 2020. Team Tax filling in 59 Minutes For more updates , Drop a message ” Hi” on 7906733027 watsapp number and join our team of professionals for updates and […]
AS PER THE INFORMATION RECIEVED , RBI HAS APPROVED THE BANK STATUTORY AUDITORS PANEL .BANK HAVE STARTED MAILS FOR ALLOTMENT OF BRANCHES. FOLLOWING BANK HAVE STARTED SENDING MAILS. STATE BANK OF INDIA (CHENNAI REGION ) -MAIL ON HOLD <script data-ad-client=”ca-pub-2563852699348641″ async src=”https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js”></script> ORIENTAL BANK OF COMMERCE UNION BANK OF INDIA INDIAN BANK CANARA BANK BANK […]
BANK BRANCH AUDIT UPDATE 2020 AS PER THE RELIABLE SOURCES- RBI HAS SEND THE PANEL FOR STATUTORY AUDITORS TO BANK. FOLLOWING BANK HAS STARTED MAIL REGION WISE AS INFORMED BY THE MEMBERS. BANK OF INDIA BANK OF MAHARASHTRA ANDHRA BANK ALLAHABAD BANK INDIAN BANK UCO BANK BANK OF BARODA CORPORATION BANK UNION BANK OF INDIA […]
23
Mar
Mar
Must do’s things before 31st March 2020 -Income Tax We all are aware that end of the financial year 19-20 is approaching. 31st March, 2020 is an important date to remember for individuals and taxpayers in India as it is the deadline for completing all financial obligations. 7 things to do before the end of 31st March 2020 1. […]