• Thu, November 28, 2024

by: Bill Williamson

Japanese banks sticking with Adani as Jefferies, Barclays review ties

JAPAN'S biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays are reassessing their exposure to the Indian conglomerate.

by: Bill Williamson

UBA Group to commence full banking operations in France

As part of President Bola Ahmed Tinubu's state visit to France, the Chairman of UBA Group, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand.

by: Bill Williamson

Japanese banks stand firm with Adani despite US bribery charges

Japanese banks stand by Adani amid US bribery charges, while global firms like Barclays reassess their exposure.

by: Bill Williamson

Liberals' tax-holiday plan divides business owners as reality of preparing for it sinks in

Figuring out what's taxed and what isn't, and the time-consuming bother of changing payments systems are just two of the headaches that have many wondering whether the tax break is worth it

by: Bill Williamson

Reliance Inds, Fine Organics Inds, PC Jeweller India, KEI Inds, Zomato will be in focus

by: Bill Williamson

Niaga SPOTLIGHT: IDEVAW 2024 FOCUS: Addressing Economic Violence & Life Cycle Poverty

The global cost of Violence Against Women and Girls (VAWG) has been estimated at least 1.5 trillion dollars <br /><br />A World Bank study found that VAWG costs 1.2-3.7% of GDP for some countries, and the WB emphasises that these proportions of GDP are what many countries spend on primary education.

by: Bill Williamson

December financial alert: RBI rate call, tax deadlines, and credit card updates

by: Bill Williamson

The great-man theory of Wall Street

Wall Street rewards those who are very good at doing risky jobs. This parlour game also elucidates one of the most important truths of finance. For an industry obsessed with managing risk, it remains greatly exposed to the triumphs and failures of a small number of individuals.

by: Bill Williamson

Major Aussie food company stocked in Woolworths and Coles collapses: 'No hope'

by: Bill Williamson

Brazil's Haddad seeks to soothe market concerns over income tax reform

by: Bill Williamson

5 sectors that could see an uptick in dealmaking under Trump's second presidency

by: Bill Williamson

UK finance minister delays spending review until June, FT reports

by: Bill Williamson

$8 Billion Deal, Luxe Apartments and A Central Park Condo: The Property Portfolio Of Jersey Mike's Founder

by: Bill Williamson

German Fortune 500 companies have announced over 60,000 layoffs this year, but the biggest employee cull is still to come

by: Bill Williamson

PwC and AccountsIQ: Modernising finance operations for mid-market firms

by: Bill Williamson

British Business Bank announces Community ENABLE Funding programme

by: Bill Williamson

How Enterprise Leaders Are Using A.I.

by: Bill Williamson

US business cycle calls for deeper China-US economic ties

by: Bill Williamson

Bank of America bets on long-term growth in Mexico due to 'nearshoring', despite Trump tariff threat

by: Bill Williamson

Align tax-saving investments with financial goals and asset allocation

by: Bill Williamson

I opened a business and am suddenly making over $400k in profit - should I pay off my cars and mortgage? Dave Ramsey weighs in

by: Bill Williamson

The MicroStrategy Effect: Reshaping Corporate Treasury Management

by: Bill Williamson

Veranda Learning, NSDC and IAB to launch the Certified International Accounting Professional Program in India

by: Bill Williamson

Low credit ratings cause high borrowing costs, liquidity challenges in Africa

by: Bill Williamson

UK Regulator Tempers 'Name and Shame' Proposals After Backlash

by: Bill Williamson

How South African SMEs can unlock innovation and cut costs by 25% with cloud computing

by: Bill Williamson

Hong Kong to offer crypto tax exemption for hedge funds and family offices

by: Bill Williamson

Received 28 proposals from 23 states for new city development: Govt

by: Bill Williamson

Andhra FM On Adani Deal: We Have To Consider The Legal And Financial Consequences

by: Bill Williamson

Nasscom signs MoU with DIFC to strengthen fintech and innovation collaboration

by: Bill Williamson

US Interest Rate Forecast for the Next 5 Years: Analyst Views

by: Bill Williamson

Musk Calls for Abolishing Consumer Agency GOP Has Long Targeted

by: Bill Williamson

Frequent Fliers Are Rethinking Loyalty Programs and Setting Themselves Free

by: Bill Williamson

AU Small Finance Bank enters into bancassurance partnership with Bharti AXA Life Insurance

by: Bill Williamson

1,500 Kerala govt staff found drawing pensions meant for the poor and old

by: Bill Williamson

Finance App Benchmarks (2024)

by: Bill Williamson

UK budget shows government doesn't understand business, says retail veteran

by: Bill Williamson

AU Small Finance Bank join hands with Bharti AXA Life Insurance

by: Bill Williamson

True cost of Rachel Reeves' farmer tax laid bare - and exact number of businesses impacted

by: Bill Williamson

The travel bug is mutating: Event-driven gig journeys are the new thing

by: Bill Williamson

Best Day Trading Courses of 2024: Guide for Active Traders

by: Bill Williamson

Single table to know home loan rates and terms of various companies

by: Bill Williamson

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

  • Fri, November 29, 2024

by: Bill Williamson

Istanbul Metropolitan Municipality to hold investor meets in UAE and Doha

by: Bill Williamson

Players and powerhouses shaping Africa's VC landscape

Despite 2023 marking the first decline in the volume and value of venture capital investment in Africa after a decade of growth, a

by: Bill Williamson

Otley Girlguiding unit receives grant from Skipton firm

by: Bill Williamson

Exclusive: HSBC pulling back from China credit card business after struggling to expand, sources say

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said.

by: Bill Williamson

Reliance subsidiary acquires 21% stake in US helium gas exploration, production company

Indian conglomerate Reliance Group signalled its intention to expand into the helium gas sector, with its US-based step-down subsidiary Reliance Finance and Investments ... expand its exploration and production business in low-carbon solutions.

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/

Like: 👍