On 4th August, 2020, NCGTC has issued revised operational guidelines and scope of the scheme has been expanded to include the following: individual loans given for business purpose, subject to the condition that such loan should fulfill the eligibility criteria prescribed under the scheme, increase in the upper ceiling of loans outstanding as on 29.2.2020 […]
Ministry of Finance World Bank and Government of India sign $750 million Agreement for Emergency Response Programme for Micro, Small, and Medium Enterprises Posted On: 06 JUL 2020 4:19PM by PIB Delhi The World Bank and the Government of India today signed the $750 million agreement for the MSME Emergency Response Programme to support increased […]
New Process of MSME Registration takes off in the name of Udyam Registration from 1st July, 2020 as planned earlier.www.udyamregistration.gov.in – a new portal for Udyam Registration launched by the MSME Ministry.The portal guides the entrepreneurs step by step as to what they should know, what they should do Government has organized a full system […]
MSME ministry issues the New Notification for MSME classification and details which will be effective from 1st July 2020. sUBSIDY CONSULTANT, MSME CONSULTANTS
DESCRIPTION This Scheme seeks to extend support to the promoter(s) of the operational MSMEs which are stressedand have become NPA as on 30th April, 2020; Promoter(s) in turn will infuse this amount in the MSME unit as equity and thereby enhance the liquidityand maintain debt-equity ratio.NATURE OF ASSISTANCE Guarantee for the sub-debt: 90% guarantee coverage […]
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Scheme for Developers to develop Industrial Estate for specific Industry and get benefit from Govt. subject to term as follow: (i) Common Facility Centers (CFCs): The Gol grant will be restricted to 70% of the cost of Project of maximum Rs.20.00 crore. Gol grant will be 90% for CFCs in NE & Hill States, Island territories, […]
SEVA BHOJ YOJNA – Refund of GST for serving food free to public Under this scheme Central Government will reimburse the CGST and part of IGST paid on purchase of specified food items which are used for serving free food to public / devotees by charitable organisations. Please refer following Circular for full details
CBIC and Customs launches scheme to attract investment and support Make in India programme Central Board of Indirect Taxes and Customs has launched a revamped and streamlined programme to attract investments into India and strengthen Make in India through manufacture and other operations under bond scheme, under Customs Act, 1962. Section 65 of the Customs Act, 1962 […]
