By
Biz2Credit Advisor
Union Budget 2012-13 is a mixed bag for Indian SMEs. The proposals contained in the new budget drew mixed reactions from SME owners. Industry experts feel that in-spite of some concerns there are also positives for SMEs in the Budget.
The central excise and service tax tariff hike is affecting SME's heavily. The reason is it got introduced as 'stimulus package' ...
TAGS Tags: Central Excise and Service Tax Tariff, Goods and Services Tax, GST Dispute Settlement Authority, Indian IT SMEs, Indian SMEs, Industry Experts, Karnataka Small Scale Industries Association, KASSIA, National Skill Development Corporation, Prakash N Raikar, Service Tax Increase, SME Entrepreneurs, SME Functions, SME Owners, SME sector, SMEs in the Budget, stimulus package, Streamline Tax Compliances, Union Budget 2012-13
CATEGORIES Small Business Taxes
Indian public sector banks will lend over Rs 13,000 in small business loans from January to March at rates under 10 percent. The government announced the new initiative as part of the country’s second ‘stimulus package.’ Additionally, the Reserve Bank of India will extend a Rs 7,000 crore line of credit to SIDBI (Small Industries Development Bank of India) before March ...
