Tag: msme
Charging of interest on delayed payments to MSMEs in GeM No. F. 6/18/2019-PPDGovernment of IndiaMinistry of Finance Department of Expenditure Procurement Policy Division 512, Lok Nayak Bhawan,New Delhi Dated the 3rd July 2020 OFFICE MEMORANDUM Subject: Prompt payment to suppliers including MSMEs: Charging of interest on delayed payments …
Criteria for classifying enterprises as MSMEs. Registration Procedure, Registration of existing enterprises, calculation of investment & turnover etc. Government has notified Criteria for classifying enterprises as MSMEs, forms and procedure for Registration MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES NOTIFICATION New Delhi, the 26th June, 2020 …
Revised limits of MSME capital and turnover – Upward revision of MSME definition Cabinet today approved upward revision of MSME definition and modalities/ road map for implementing remaining two Packages for MSMEs. Recently, the Govt. had increased the investment limit for MSME and removed the distinction between manufacturing …
RBI Expert Committee on MSME invites suggestions on structural bottlenecks and factors affecting the performance of the sector Reserve Bank has constituted an ‘Expert Committee on Micro, Small & Medium Enterprises (MSMEs)’ to understand the structural bottlenecks and factors affecting the performance of the sector. The details regarding …
MCA Extends last date of filing initial return in MSME Form-I pending its deployment. 30 days to be reckoned from Form-I is deployed on MCA 21 portal General Circular No. 01/ 2019 F. No. 17/6/2017- CL V (Pt I) Government of India Ministry of Corporate Affairs 5th Floor, …
ICSI submits representation to MCA to issue a clarification on deployment of Form MSME-I in view of the deadline of 30 days as per Notification The Institute Company Secretaries of India (ICSI) has submitted a representation to the Ministry of Corporate Affairs (MCA) on the subject of deployment of …
MCA Notified MSME Form I half yearly return for furnishing information of outstanding dues to Micro or small enterprises suppliers. Ministry of Corporate Affairs (MCA) had issued notification number S.O. 5622(E), dated the 2nd November, 2018 directing that all companies, who get supplies of goods or services from micro and small enterprises …
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 …
Companies with turnover more than Rs. 500 crore to comply with Trade Receivables Discounting System platform. This will enable MSME to access credit from banks based on their receivables MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES NOTIFICATION New Delhi, the 2nd November, 2018 S.O. 5621(E).—In exercise of powers …
Companies to file half yearly return of over dues to MSME with MCA where dues exceed forty five days from the date of acceptance of the goods or services MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES NOTIFICATION New Delhi, the 2nd November, 2018 S.O. 5622(E).—In exercise of powers conferred …
