Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing Overview The Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing proposes a financial incentive to boost domestic manufacturing and attract large investments in the electronics value chain including mobile phones, electronic components and ATMP units. Production Linked Incentives of up to INR 40,951 […]
Commercial offices will get 20% rebate in annual property tax Residential will get 10% rebate in property tax for 2020-21 payable up to 31st July 2020 If residential having less than 200 units use will get an exemption of 100 units For industrial units get capital and interest subsidy faster Textile units will get capital […]
(Details available at www.nsic.co.in) The Scheme will cover discounting of bills arising out of genuine trade transactions i.e. supplies made by Micro, Small and Medium Enterprises (MSMEs) to reputed Public Limited Companies / State and Central Govt. Departments / Undertakings / Private Limited Companies (not traders), engaged in manufacturing / service activities. Sellers: Micro, Small […]
MSME EMERGENCY CREDIT LINE Eligibility – Existing MSME customers having outstanding loans as on 29.2.2020 with combined all banks/NBFC exposure below Rs. 25 Crore -Holding of Udyog Aadhaar MSME registration is mandatory Government Guarantee Fees and bank document charges: NIL Security: Collateral free with credit guarantee by NCGTC – Extension of charge on entire present […]
(Details available at www.nsic.co.in) Raw Material Assistance Scheme aims at helping MSMEs by way of financing the purchase of Raw Material (Both indigenous & imported). This gives an opportunity to MSMEs to focus better on manufacturing quality products. Benefits of the Scheme Financial Assistance for procurement of Raw Material upto 180 days. MSMEs helped to […]
MSME Update_Cabinet Revised Limits 1st June 2020 MSME Definition further revised by Union Cabinet date 1st June, 2020 Union Cabinet clears new definition of MSMEs, Limit raised to Rs. 250 crore Definition Changed – to view details client on link below
