Govt mulls SOPs for LED manufacturers in India

The government in the country to reduce power consumption LED lighting is working on plans to promote. The plan was far too excited by the success of the government as well as the LED industry. LED industry to meet in the coming days to boost small businesses are also involved in its preparation. Small businesses say the government's drive to increase the use of CFL bulbs and traded as catch up. What is the government's Plan Narendra Modi domestic efficient lighting program started in Januar.Continue reading

Central Board of Excise and Customs revises limit for arrest and prosecution

The Finance Ministry said on Friday, a big relief to small businesses. Now crore excise and custom tax evasion in the case of small and medium enterprises (SMEs) will not be arrested. Also they do not have to face litigation. The Ministry of excise and service tax, input tax credit to SMEs on misuse Monetry limit to avoid arrest and trial has raised Rs 1 crore, whereas previously the limit was Rs 10 lakh and Rs 25 lakh respectively. Small businesses will Relief Central Board of Excise and C.Continue reading

Govt announces to exempt wind power component from excise duty

The central government from wind power tower, turbine, rotor, blades, wind turbine components such as the central controller is freed from excise duty. The move to reduce court cases and non-conventional energy sector, aimed at simplifying the business environment is raised. Central Board of Excise and Customs (CBEC) on Tuesday issued a notification in this regard has explanations. It is clear that the notification of the electricity used in the wind power equipment is exempted from Central Exc.Continue reading

FISME and Microsoft Aim to enable more than SMBs across India to adopt cloud

Country thousands of micro, small and medium enterprises (MSME) for information technology (IT) and cloud computing will be easy to adopt. Micro and Small and Medium Enterprises Industry Association Federation of India (Faismi) and Microsoft have signed an agreement for it. 10,000 MSMEs in the country will be covered. India's economy is the biggest contribution of the SMB segment. NASSCOM and India SMB Market, Frost & Sllivn report monetising Emerging Opportunities (2014), almost 40 per cen.Continue reading

Assocham today sought a taxation friendly environment for the startups

The startup of the chamber before the next budget, the finance ministry has sought to build friendly taxation system. The Chamber said that startups should be excluded from the restrictions on shareholding pattern, because at the beginning of the new entrepreneurs are in need of fund infusion. Section 79 of the IT Act needs to improve Hasmukh Adia submitted to the Chamber of Revenue secretary said in a presentation to the Income Tax Act under section 79 has been the talk of sanctions, they sho.Continue reading

Small Factories Bill seeks to be exempt from the purview of six labour laws

Small Factory -2015 bill can be introduced in the next Parliamentary session. The bill relates to the Labour Ministry has completed all the procedures. Labour Minister Bandaru Dattatreya said during a program. 6 will release labor laws Small Factories (Facilitation and Regulation of Implayment & Conditions of Services) Bill 2015 will be exempt from labor laws apply after 6. The 6 labor laws are the main points covered in the new Act. The Factories Act, 1948, the Industrial Disput Act 1947 .Continue reading

Kalraj Mishra said it's necessary to develop village industries

Micro, Small and Medium Enterprises Minister Kalraj Mishra said that Khadi is a symbol of India's national unity and integrity and has a place in today's global market. Khadi held on the occasion of Gandhi Jayanti Mishra Mithila was addressing the opening of the festival program. He said that it is extremely important that khadi village industries to compete at the global level should be promoted and should realize the vision of Gram Swaraj. MSME Minister said that every district should be imp.Continue reading

Government is taking steps that will exempt Start-ups from various rules and regulations

Government to promote start-up until then laws exempt certain rules, unless they do not reach a specified turnover. A senior government official has indicated to this effect. Department of Industrial Policy and Promotion (DIPP) secretary Amitabh Kant said that all over the country are beginning to start up their own businesses. So it is necessary for their growth should be a good atmosphere. The start-up will create trust Kant said that these start-up would be a challenge to convince the go.Continue reading

Prez asks young technologists to promote entrepreneurship

President Pranab Mukherjee technology entrepreneur called upon the youth of the area. Start-up of the government of India, referring to the stand-up India operations become Aantrprinyor of Technologists and appealed to the people to create jobs. Innovative use of resources needed The government financing for start-ups, promoting and Aantrprinyorship promote and offer incentives to create jobs in order to start-up, India, stand up India 'campaign is launched. He said the success of this initiat.Continue reading

Come up with innovative sols, MSME Secy asks entrepreneurs

Micro, Small and Medium Enterprises (MSME) Innovative Solutions for the entrepreneur to the growth of their enterprises and the government should come up with the role of a facilitator should expect. This MSME Secretary Anup Pujari said. Indian Chamber of Commerce (ICC), organized by the MSME Summit 2015 at the opening session of the priest and the difficulties entrepreneurs path is full of obstacles, but they were Valyu Edition is satisfactory. He Assam government in MSME Council Apanil more .Continue reading

National Payments Corp to launch three cards

Finance will soon be easier for small businesses. For retail payments Anbrela Institution National Payments Corporation of India (NPCI) currency cards and three cards will be issued soon. A senior official said. China and Japan's corporate negotiations NPCI chairman M Balachandran told reporters that the company is a currency card, credit card and will issue international cards. NPCI rüpe payment scheme before it has launched international services to Japan and now the Indians and is in.Continue reading

RBI takes call on lending to MSMEs, to train bank officals

The Reserve Bank of India (RBI) Msmai view of the difficulties in getting loans to train bank managers decided. RBI officials say that the bank managers will be informed about the plans of the central government, under which the government provides other services, including subsidies to MSMEs. SME organizations had raised the matter Mmmi ministry last week a meeting was held. At the meeting, delegates from states and SME organizations had complained that banks are wary of lending to MSMEs, w.Continue reading

Manufacturers may allowed to sell directly via online portals

The government that foreign and domestic companies to sell products directly to consumers through online portals that allow, which are manufacturing units in India. They are expected to boost small businesses. Will boost the manufacturing sector Currently manufacturing units directly related to the sale of by-products is not a policy. The purpose of this proposed initiative is to boost the manufacturing sector in the country. The Department of Industrial Policy and Promotion (DIPP), according .Continue reading

Government hope to cover 20 lakh new loan in the month of September

The problem now will significantly reduce the capital of small businesses. Prime Minister currency plan (Pimmwai) will ease their difficult. The government is also quite excited about the plan and its targets under the current financial year of the loan has been doubled to Rs 1 lakh crore. The target is to double compared to last year the loan. Thus, in terms of capital requirements for small businesses, the year is going to be good. Target double loan, 20 million people get loan in September.Continue reading

delayed payment issue raised by MSMEs

Small and medium enterprises (MSME), the public sector (PSU) to recover the money owed to the increasing pressure on the government. That is why the Ministry of MSME has begun preparations to subdue the PSU. After every three months by the Ministry of MSME dues figure will be released at PSU and PSU complaint would be outstanding from related ministries. The meeting raised the issue SME organization several years before governments are taking this issue, but since the government organization.Continue reading

SIDBI launches 2 funds to boost entrepreneurship in MSME sector

Small Industries Development Bank of India (SIDBI) on Tuesday micro, small and medium enterprise (MSME) sector to promote entrepreneurship launched two funds. India Aespaireshn fund fund-of-funds management will SIDBI. LIC also be involved as partners and co-investors. Financial institutions 100 billion loan fund for small enterprises in India with SIDBI scheme is launched. The new financial system is important for start-up revolution These funds launched by Finance Minister said the countr.Continue reading

Modi government announced to prepare a policy for MSMEs last year

The government declared the MSME policy for the benefit of small businesses have not applied yet. After the implementation of this policy Mmmi several schemes to be introduced, which is why the SME organizations are eagerly awaited. But the final draft of the policy so far has not. More than 1,000 suggestions Last November, the draft consultation paper policy was made public and stakeholders for their opinion was sought. So far more than 1000 MMSE individually or through organizations have s.Continue reading

government's efforts to turn Khadi into a big brand not bearing desired fruition

68 years after independence Khadi its image, brand and has been fighting to reach. Government promises action and his struggle and the gap has widened. On the one hand from decades of government promises to make khadi brand seems to have showers, while these promises came after a second plan to file the required returns and so forth and Khadi did not. Inteha the government was negligent, the Indian government recently in Germany, where the court had to bang lawsuit against the company Necrproduk.Continue reading

E-Biz online platform Judengi all government services

Ej of Business Doing the government's major initiative is going to be implemented soon. The Ministry of Commerce and Industry to facilitate business in the country soon, the central and state governments all services will connect the e-Biz platform. A top official of the ministry said.   The platform joined the center 14 services E-Biz portal, through investment in the country will be able to gain the approval of all proposals. DIPP secretary Amitabh Kant said in a program that has creat.Continue reading

Commercial rooftop solar plant will not subsidies

Government acting on the roofs of commercial buildings Solar Plant has refused to give further subsidies. However traders solar plant relaxation facilities in cheaper loans and taxes will continue, but the 15 per cent subsidy to suffer from the government's solar mission. They were disappointed that business, which has made it mandatory for the state governments solar plant.   The ministry argues, subsidies not possible The Union Ministry of Renewable Energy (MNRE) said in a notice relea.Continue reading