Reserve Bank of India (RBI) reported a substantial increase in credit to Micro, Small, and Medium Enterprises (MSMEs), constituting 15% of the banks' non-food credit totaling Rs 154 lakh crore…
E-commerce logistics and shipping software firm Shiprocket has unveiled Shiprocket Capital, a novel financing platform set to disburse up to Rs 100 crore to small and medium businesses (SMBs) operating…
In a proactive move to bolster cybersecurity measures, the Goods and Services Tax Network (GSTN) has initiated the implementation of Two-Factor Authentication (2FA) for taxpayers accessing the GST portal. The…
When setting up a small manufacturing plant, determining the appropriate license is crucial. The Shop and Establishment Act and the Factories Act govern distinct aspects of business operations. The Shop…
The Income Tax (IT) Department is considering filing an appeal in the Supreme Court against a Delhi High Court ruling that rendered any IT assessment order without a Document Identification…
The Finance Ministry aims to introduce pre-filled goods and services tax (GST) return forms before the upcoming fiscal year, addressing the challenge of significant data mismatches leading to unwarranted tax…
Anicut Capital, through its third private credit fund Grand Anicut Fund (GAF) 4, has injected INR 133 crore into IT services firm TAO Digital Solutions. The funds are earmarked for…
Fintech SaaS platform Clear, backed by Peak XV Partners, achieved a significant milestone in the financial year ending March 31, 2023, with its consolidated operating revenue soaring by over 85%…
The Small Industries Development Bank of India (SIDBI) has entered into a memorandum of understanding (MoU) with the Technology Development Board (TDB) under the Department of Science and Technology. The…
The finance ministry aims to introduce pre-filled Goods and Services Tax (GST) return forms before the upcoming fiscal year to address the challenge of significant data mismatches resulting in tax…