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Budget 2024-25: Limits of Mudra Loans for MSMEs to be Enhanced to Rs. 20 Lakhs

In a significant move aimed at boosting the micro, small, and medium enterprises ( MSME ) sector, the Union Finance Minister Nirmala Sitharaman announced an enhancement in the limits of Mudra loans...

Budget 2024 - 25 - Limits of Mudra Loans - MSMEs - Enhanced - 20 Lakhs - taxscan
Manu Sharma

Economic Survey 2024: Share of MSMEs in Manufacturing Output Stands at 35.4 Per Cent

The Economic Survey tabled by the Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman in Parliament today, highlights the importance of the MSME sector in the Indian economy with...

Economic Survey 2024 - Share of MSMEs - Manufacturing Output Stands - taxscan
Taxscan Editorial

Tax Treatment of Capital and Labor Incomes to Play Key Role, Says Economic Survey

The Economic Survey was presented by the Finance Minister Nirmala Sitharaman before the Lok Sabha on 22nd July 2024. Later on, the Chief Economic Adviser of the Government addressed the public and...

Economic Survey - Economic survey 2024 - capital income taxation - Labor income taxation - Finance Minister - Nirmala Sitharaman - taxscan
Navasree A.M

Economic Survey 2023-24: Deregulation of MSME Sector Crucial

For Medium, Small and Micro Enterprises ( MSMEs ), while bridging the credit gap remains a crucial element, the focus also needs to be on deregulation, enhancing physical and digital connectivity,...

Economic - Survey - 2023 - 24 - Deregulation -MSME - Crucial - taxscan
Taxscan Editorial

Public Notice issued on Permissible Wastages and SIONS w.r.t. Jewellery Export kept in Abeyance till 31st of July, 2024: DGFT [Read Order]

The Government has temporarily suspended the public notice 05/2024 issued on 27th May 2024 till 31st July 2024 on representation of the Gem & Jewellery Export Promotion Council. The public notice...

SIONS w.r.t. Jewellery Export - DGFT - export of Jewellery - Gem & Jewellery Expor - Tax news - Taxscan
Navasree A.M

"Connected Person” under Explanation-I of Section 29A(J) of IBC relates to Resolution Applicant, not Corporate Debtor: NCLT [Read Order]

The Hyderabad Bench of the National Company Law Tribunal ( NCLT ) held that the term "Connected Person” under Explanation-I of Section 29A(J) of the Insolvency and Bankruptcy Code, 2016 ( IBC )...

Connected Person - Explanation - IBC Relates - Resolution Applicant - Corporate Debtor - NCLT - taxscan
Kalyani B. Nair

Bengaluru Startup Sphere 2024: ICAI expected to Raise 200 million USD Funding for Startups

The Institute of Chartered Accountants of India ( ICAI ) is all set to host the Startup Sphere 2024 event in Bengaluru, the tech hub of India, from June 27th to 29th, 2024. Building on the success of...

Bengaluru Startup - Bengaluru Startup Sphere 2024 - Startup Sphere 2024 - Sphere 2024 - taxscan
Manu Sharma

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