MSMED Act Has Overriding Effect Over A&C Act Only When Disputes Between MSMEs Are Covered U/S 17 MSMED Act: Bombay HC
The Bombay High Court observed that the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 (MSMED Act) has an…
August 7, 2024
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RBI issued a new notification regarding credit-debit card, now the customers will do as they please, order issued
Reserve Bank of India (RBI) said in a circular that on review, it was found that some of the arrangements…
Core industries growth skids to 20-month low of 4% in June
High base effect, onset of monsoon among reasons for moderation in overall output growth, say experts. Pulled down by a…
Fiscal deficit shrinks to 8.1% in April-June quarter
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Industry body urges FM to continue 45-days MSME payment rule for buyers
SME Chamber of India argues that provision serves as incentive for companies to adhere to payment timelines, thereby supporting MSMEs’…
RBI’s new norms on wilful defaulters to come into effect from Nov 1
“Wilful defaulters or any entity with which a wilful defaulter is associated shall not be eligible for restructuring of credit…
Changes in Taxation for Mutual Funds
Mutual funds are becoming the popular route for retail investors to participate in the capital markets with assets under management…
Public procurement rules revised to boost local manufacturing
The most visible impact of this order will be seen in the Government buying of IT and other technology products….
SBI launches new 15-minute facility for MSMEs to avail loan against sales invoices
MSME Sahaj will help MSMEs to avail credit against their Goods and Services Tax (GST) registered sales invoices of up…