Archive for the ‘Milagrow MSME Planet’ Category
MSME Sector clearly needed more regulatory support and budgets
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 of [...]
Impact of changes in taxation proposed in Budget 2010 on Small and Medium Enterprises
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 [...]
Direct Taxes: Income Tax for the Salaried
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 companies [...]
The Finance Minister’s Budget Speech: MSMEs
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 [...]
Budget Updates : Finance Minister’s First Thirty Minutes
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 outlay is proposed to [...]
Damn! The Big SME Opportunity that Technology Entrepreneurs Ignore
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 of small and medium [...]
Ready Reckoner for Trainers: DOs and DON’Ts
…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…
How to Save Lacs by Investing just Rs 1500 per year
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 and [...]
Milagrow IMT Study: Practices for SME Development from Across the Globe
Posted By Rajesh Kumar
In India we have millions of MSMEs. We recently released few path breaking studies on SME sector ( 4 to be precise). One of them happens to be ’Practices for SME Development from EU, North America and Latin America and Recommendations’. Here are few slides based on this report. This study has [...]
