[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3 SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) ***** Notification No. 01/2010 – Service Tax New Delhi, the 19TH February 2010 G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of the [...]
Union Budget 2010-11: A lost opportunity for MSMEs once again Let me, at the outset, say that though overall it is a progressive budget with clear focus on infrastructure, agriculture and inclusiveness, it does not mean much for the MSME sector. For the micro, small and medium enterprises, although there has been an apparent increase [...]
Most of the changes proposed in the direct tax policies by the Finance Minister are in the favour of Small & Medium Enterprises. After good 25 years, there was a change in the turnover limits for compliance to audit of accounts u/s 44. The companies with an annual turnover of more than Rs. 60 lakhs [...]
The tax slabs for the individual salaries tax payer are proposed to be modified in the budget speech of the Finance Minister who is delivering the speech in the Lok Sabha at this point.. The finance minister has not left the corporate tax structure untouched. He proposes to reduce the surcharge on the income of [...]
From the industry cluster, Tirupur in Tamil Nadu has been awarded a one time assistance of Rs 200 crore, specifically for hosiery industry Banking Services for the under banked or unbanked…By 2012 Govt to cover every population cluster through new methods and technology Total of Rs. 35000 crore allocated for education sector Emphasizes the importance [...]
Three challenges listed out by honourable Finance Minister of India in his budget speech. 1. High GDP Growth to 9 % and move to double budget 2. To make development more inclusive, food security 3. Bottleneck of public delivery system, and weakness of the administrative system Besides.. Renewable energy ministry outlay significantly increased Power sector [...]
Posted by Arsh Kabir We came across this great article at Pluggd.in. It is very apt. SME Market in India is too big to be ignored. And while Indian entrepreneurs are chasing the big enterprise market (and consumer segment), here are a few data points for SME opportunity • India has the second largest population [...]
…to leverage the learning opportunities, one has to also learn from others’ mistakes.
As I prepare myself to take the training sessions for open source software, I felt it would be a great opportunity to learn the DOs and DON’Ts from the other training sessions that I have attended. Of course the learning process never ends and knowledge only increases when shared. So I share what I learnt in the recent past about Training Sessions…
Posted by Neha Bhatia, Portal Buddy In December 2009, Milagrow launched the SME Portal. It is commonly referred as “One Stop Destination” in terms of unique service offerings to the SME sector. Given its unique nature, Milagrow SME Portal is getting members from across the country, and from different segments such as industry, institutes, individuals [...]
