Fri, November 29, 2024

[ Fri, Nov 29th 2024 ]: Bill Williamson

Istanbul Metropolitan Municipality to hold investor meets in UAE and Doha

[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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Thu, November 28, 2024

[ Thu, Nov 28th 2024 ]: Bill Williamson

Magnati partners with Aafaq Islamic Finance to support SMEs with embedded financial solutions

[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

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[ Thu, Nov 28th 2024 ]: Bill Williamson

Sonata Software bags multi-million dollar transfo .. ation deal from global leader in access solutions

[ Thu, Nov 28th 2024 ]: Bill Williamson

BlackRock agrees to buy private credit group HPS Investment Partners

[ Thu, Nov 28th 2024 ]: Bill Williamson

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Wed, November 27, 2024

[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

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[ Wed, Nov 27th 2024 ]: Bill Williamson

Moody's lowers Sonoma Valley school district's bond credit ratings

GST, 45-day payment, credit, EoDB, more: Assocham-EGROW study suggests changes to overhaul MSME sector

MSMEs across India face key challenges related to access to finance, compliance with taxation and labour laws, obtaining business registrations, and securing clearances from various departments, according to the study.
The article from Financial Express discusses a study by ASSOCHAM and eGrow Foundation which suggests several reforms to overhaul the MSME sector in India. Key recommendations include revising the GST structure to benefit MSMEs, enforcing a 45-day payment rule to improve cash flow, enhancing credit access, and improving the ease of doing business. The study highlights the need for a simplified GST regime, where MSMEs could potentially benefit from a composition scheme with a lower tax rate. It also calls for strict enforcement of the 45-day payment rule to prevent large corporations from delaying payments to smaller suppliers. Additionally, the study proposes better credit facilities through mechanisms like invoice financing and suggests that banks should tailor their services to better meet the needs of MSMEs. The overarching goal is to foster an environment where MSMEs can thrive, contributing significantly to economic growth and employment.

Read the Full The Financial Express Article at https://www.financialexpress.com/business/sme-gst-45-day-payment-credit-eodb-more-assocham-egrow-study-suggests-changes-to-overhaul-msme-sector-3679230/