Allow Separate GST Slab for MSME products: FOCIA to Union Government
The Central Government was urged by the Federation of Coimbatore Industry Associations to create a distinct Goods and Services Tax (GST) slab for the...
![MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/MSME-Income-Tax-Exemption-under-Income-Tax-Act-ITAT-TAXSCAN.jpg "MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]")
Govt. notifies IBC Amendment Act, 2021 enables Pre-packaged Insolvency Resolution for MSMEs [Read Notification]
The Central Government has notified the Insolvency and Bankruptcy Code Amendment Act, 2021 which has enabled Pre-packaged Insolvency Resolution for MSMEs. The Insolvency and Bankruptcy Code...
![Govt. notifies IBC Amendment Act, 2021 enables Pre-packaged Insolvency Resolution for MSMEs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/08/IBC-Amendment-Act-2021-Pre-packaged-Insolvency-Resolution-MSME-Taxscan.jpg "Govt. notifies IBC Amendment Act, 2021 enables Pre-packaged Insolvency Resolution for MSMEs [Read Notification]")
Govt. appoints New Chairperson-ex officio, Vice-Chairperson of National Board for MSME [Read Notification]
The Ministry of Micro, Small, and Medium Enterprises (MSME) has appointed Narayan Tatu Rane as Chairperson-ex officio, Bhanu Pratap Singh Verma as Vice Chairperson of National Board for MSME. The...
Relief to MSME: CBIC announces ‘Special Refund and Drawback Disposal Drive’ for Faster Clearance of Refund Claims [Read Circular]
In a major relief to MSMEs, the Central board of Indirect Taxes and Customs (CBIC) on Thursday launched a special drive to facilitate disposal of all such pending claims. The 'Special Refund and...
![Relief to MSME: CBIC announces ‘Special Refund and Drawback Disposal Drive’ for Faster Clearance of Refund Claims [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/Indirect-Tax-MSME-CBIC-Special-Refund-MSME-CBIC-Special-Refund-Drawback-Disposal-Drive-refund-claims-Taxscan-Drawback-Disposal-Drive-refund-claims-Taxscan.jpg "Relief to MSME: CBIC announces ‘Special Refund and Drawback Disposal Drive’ for Faster Clearance of Refund Claims [Read Circular]")
Accounting Standards issued by ICAI are applicable to Non-Company entities to whom Ind AS are not applicable, says ICAI President
The ICAI President CA Nihar Jambusaria said that, Accounting Standards issued by the Institute of Chartered Accountants of India ( ICAI ) are applicable to Non-company entities to whom Ind AS are not...
![MSME certificate required to take benefit under Section 240A of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/MSME-certificate-Section-240A-of-IBC-NCLAT-Taxscan.jpg "MSME certificate required to take benefit under Section 240A of IBC: NCLAT [Read Order]")