At the request of the ministry of micro, small, medium and micro enterprises (MSME), the Federation of Indian Micro and Small and Medium Enterprises (FISME) has kick-started the process of developing a draft law on insolvency and bankruptcy for such enterprises. Earlier this month it organised a meeting with economic and legal experts on insolvency. The meeting was attended by Sangeeta ...
The ministry of micro, small and medium enterprises wants finance ministry to provide tax concessions to venture capitalists and private equity players, who fund the small scale sector. “We will take up the issue (to provide tax breaks or sops to these firms) with the fina-nce ministry and the revenue department soon in order to attract more funds to the ...
TAGS Tags: clear cut guidelines, concessions, fina-nce ministry, Ministry of Micro, MSME ministry, small scale sector
CATEGORIES Small Business News
Micro and Small enterprises (MSEs) can receive 75 percent financial assistance (up to Rs 18,750) from the government to update or enhance their use of global standard bar coding. The Ministry of Micro, Small & Medium Enterprises (DC-MSME) is providing the assistance to increase MSEs global competitiveness. MSEs with an entrepreneur memorandum acknowledgment number from the Directorate of Industries ...

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