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RBI Restricts Pre-payment Charges on Floating Rate Loans to Individuals and MSEs

Kavi Priya

The Reserve Bank of India (RBI) issued new directions prohibiting regulated entities from levying pre-payment charges on most floating rate loans to...

Big Update for MSMEs: Finance Ministry Launches Collateral Free Loans up to ₹100 Crore for Equipment...

Enhance investments - Turnover Limits - Credit limits - MSMEs revised - FM Nirmala Sitharaman - Budget 2025 Speech - taxscan

To Enhance investments, Turnover Limits, Credit limits of MSMEs revised: FM Nirmala Sitharaman in...

Economic Survey Report - 2024 - 2025 - Operational Efficiency - IBC - taxscan

Economic Survey Report 2024 - 2025 urges Operational Efficiency Reforms under IBC

Economic Survey 2024-2025 - President Droupadi Murmu - Finance Minister Nirmala Sitharaman - taxscan

Economic & Financial Aspects of President Droupadi Murmu’s Speech at Parliament Joint Session

Economic Survey 2023-24: Key Highlights

The Chief Economic Adviser to the Government of India addressed the Press Conference on Economic Survey 2023-24 at 2:30 pm Today. Dr. V. Anantha Nageswaran gave a brief on Economic Survey 2023-24. ...

FISME Address Challenges faced by MSME for GST Registration in TN

In a recent case, the Federation of Indian Micro and Small & Medium Enterprises ( FISME ) and Tamil Nadu Chamber of Commerce show the issues faced by online micro, small and medium enterprises (...

FISME - MSME -GST - GST Registration - Tamil Nadu - Federation of Indian Micro and Small & Medium Enterprises - micro

RBI Fines DCB Bank Ltd ₹63.6 Lakh for Interest Rate Non-Compliance

The Reserve Bank of India ( RBI ) has levied a monetary penalty of ₹63,60,000/- on DCB Bank Ltd. for its failure to comply with certain directives regarding 'Interest Rate on Advances'. The RBI...

RBI - DCB Bank - Lakh - Interest Rate Non - Compliance - taxscan

DGFT Imposes Cap of 2.5 Cr Per IEC from 1st April to 30th June 2024

The Directorate General of Foreign Trade ( DGFT ), vide trade notice no. 40/2023-2024 dated 20th March 2024 has issued an amendment under the Interest Equalization Scheme. The authority is to impose...

DGFT - DGFT Imposes Cap - DGFT IEC cap 2024 - IEC cap update 2024 - taxscan

SBI and Canara Bank Slapped with Rs. 2.34 Crore Penalty by RBI for Regulatory Compliance Failures

The Reserve Bank of India ( RBI ) has imposed huge monetary penalties on two major players in the banking arena, namely the State Bank of India ( SBI ) and Canara Bank, citing violations and...

SBI and Canara Bank - Penalty - RBI - Regulatory Compliance Failures - taxscan

Key changes related to GST for MSMEs in 2023

The Economic Survey of 2022-23 highlighted the recovery of Micro, Small, and Medium Enterprises (MSMEs) after the pandemic. In FY21, GST paid by MSMEs had declined, but by FY22, it surpassed the...

Ministry of Micro, Small & Medium Enterprises Clarifies that More than 3 crore MSMEs have Registered on Udyam portal [Read Order]

It has been clarified by the Ministry of Micro; Small & Medium Enterprises clarified that more than 3 crore Micro, Small & Medium Enterprises (MSMEs) have registered on Udyam portal. As on...