By
Biz2Credit Advisor
The dominant theme of budget wish list for SMEs includes an increase in aid for innovation and assistance so as to enhance in credit availability.
Exemption of excise duty is estimated to increase to 25 crore. “Start-up companies should get proper support from banks and financial institutions to convert brilliant, innovative and potentially viable ideas into ...
The Union Budget gives some small businesses the benefit of not paying advance taxes in the 2010-11 fiscal year. Businesses with an annual turnover of less than Rs 40 lakh have the option to not maintain their books of accounts and pay a fixed income tax of 8 percent of their revenue, said the SME Times. Other positive ...
