Month: November 2019

Promotion of Khadi 

193 Views Ministry of Micro,Small & Medium Enterprises Ministry of MSME has been providing loans to unemployed youth for promoting Khadi and Village Industries, by implementing a credit linked subsidy scheme viz., Prime Minister’s Employment Generation Programme (PMEGP) since 2008-09, for setting up of new micro-enterprises and to generate employment opportunities, in rural as well …

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Development of Clusters Under MSMEs

532 ViewsMinistry of Micro,Small & Medium Enterprises The Micro and Small Enterprises Cluster Development Programme (MSE-CDP) is implemented by Ministry of Micro, Small and Medium Enterprises and 35 clusters have been completed during financial year 2015-16 to 2018-19. State/UT-wise details are enclosed (Annexure-I). The turnover, production, job creation and exports of the clusters depend upon …

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MSME in domestic defence production sector

523 Views Ministry of Micro,Small & Medium Enterprises As reported by the Ministry of Defence, the number of Micro, Small and Medium enterprises (MSMEs) Vendors in India under domestic defence production sector is 8,643. Several schemes/initiatives have been put in place to support MSMEs including those in the defence production sector. These include Prime Minister’s …

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Growth of Medium and Small Entrepreneurs

507 Views Ministry of Micro,Small & Medium Enterprises The Ministry of Micro Small and Medium Enterprises (MSME) implements various schemes and programmes for the growth and development of MSME Sector in the country. These schemes and programmes include Prime Minister’s Employment Generation programme (PMEGP), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), A Scheme …

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Cabinet approves extension of the term and coverage of the Fifteenth Finance Commission and submission of two reports by the Finance Commission 

223 Views Ministry of Finance The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the Fifteenth Finance Commission to submit first report for the first fiscal year viz. 2020-21 and to extend the tenure of XV-FC to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by 30th October, …

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Central Goods and Services Tax (CGST) Rules & Forms , 2017 (As on 09.10.2019)

246 ViewsRules Notified vide Notification No. 3 /2017-Central Tax (Dated 19th June 2017) and further as amended by Notification No. 7/2017-Central Tax (Dated 27th June 2017), Notification No. 10/2017-Central Tax (Dated 28th June 2017), Notification No. 15/2017-Central Tax (Dated 1st July 2017), Notification No. 17/2017-Central Tax (Dated 27th July 2017), Notification No. 22/2017-Central Tax (Dated …

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Payment of Membership/COP Fees for the year 2019-20 is further extended to 31st December, 2019

191 ViewsIt has been decided to extend the last date for payment of Membership /COP fee for the year 2019-20 up to 31st December 2019. It has been further decided to waive off condonation fee on delay of filing of application forms related to Members, Firms and Students, if respective transaction date in application forms …

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IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

228 ViewsMinistry of Corporate Affairs The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2019 on 28th November 2019. Some of the amendments made by these Regulations are consequential to the Insolvency and Bankruptcy Code (Amendment) Act, 2019, which came …

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