Pending Refund: If you filed your returns in June and have not yet received the Rs 10,000 refund, it's advisable to check the e-filing portal for any potential issues. Ensure…
The Self-Reliant India (SRI) fund, initiated by the MSME Ministry and managed by SBICAP Ventures, has marked a significant milestone with investments reaching Rs 6,448 crore in MSMEs as of…
As of December 8, 2023, a total of 32,298 Micro, Small, and Medium Enterprises (MSMEs) have cancelled their Udyam registration due to business shutdowns since the launch of the Udyam…
In a roundtable discussion organized by MSME representative body FISME, various stakeholders, including MSMEs, tax experts, and members of Parliament, emphasized the need for measures to simplify the Goods and…
Indian residents holding foreign assets are required to make specific disclosures in their Income Tax Return (ITR) filing, specifically in Schedule FA of ITR-2 or ITR-3. This applies to residents…
As of September in the current fiscal year, Micro, Small, and Medium Enterprises (MSMEs) accounted for 45.56% of India's exports, according to government data. Despite the overall growth in India's…
Finance Minister Nirmala Sitharaman emphasized the Finance Ministry's commitment not only to boosting GST revenue but also to bringing all business establishments within the GST framework. Speaking at the inauguration…
In 2024, small businesses are required to register with the Financial Crimes Enforcement Network (FinCEN) due to the Corporate Transparency Act passed in 2021. Aimed at uncovering shell companies and…
The initial public offering (IPO) of pencil manufacturer DOMS Industries witnessed rapid investor interest, getting fully subscribed within hours of opening and concluding with an impressive 5.71 times subscription. The…
The Delhi High Court has issued a final ultimatum to the Centre, granting it eight weeks to formulate a policy on the online sale of drugs. The court expressed dissatisfaction…