Tag: msme

RBI permits one-time restructuring of existing loans to MSMEs 

RBI permits one-time restructuring of existing loans to MSMEs  RBI has decided to permit a one-time restructuring of existing loans to MSMEs that are in default but ‘standard’ as on January 1, 2019, without an asset classification downgrade. As per Press Release of RBI, the issue of restructuring …

GST on MSME Sector – FAQ, Flyer and Booklet released by CBEC

GST on MSME Sector – FAQ, Flyer and Booklet released by CBEC Introduction: What is MSME? In accordance with the provision of Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two classes: (1) Manufacturing Enterprises: The enterprises …
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