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India Ranked 26th in Economic Impact Created By E-Commerce Entrepreneurs: Shopify Entrepreneurship Index
The entrepreneurs of India, especially those forming a great aspect of Shopify (e-commerce platform)

RBI To Provide Rules For Credit Loss-Based Provisioning in The Next Financial Year
According to the Reserve Bank of India's annual report released on Tuesday, a number of policy initi

Aim To Increase SME Mix To 30%, Says DBS Bank India ED
The lender’s executive director of DBS Bank India, Sudarshan Chari, stated that the bank is looking

Aadhar Authentification For Informal Msme Units Becomes Voluntary: Msme Ministry Taking Steps To Boost Udyam Registrations
On 22nd May 2023, Dr. Rajneesh, the MSME Development Commissioner issued a notification. This notifi

CBDT Notification: Rs. 25 Lakhs Leave Encashment Limit For Non-Government Salaried Employees
A new notification from the Central Board of Direct Taxes has declared an increase in leave salary e

A Big Relief For Charitable Trusts: Exit Tax Norms
On Wednesday, the Central Board of Direct Taxes (CBDT) announced that charitable and religious trust

Unlocking Opportunities: Registering As A Seller On The ONDC Online Platform
It has been a logical step for retailers or traders wishing to expand their business from a single c

Piyush Gopal States That ONDC Crossing 36,000 Sellers is A Testament To Its Impact
Commerce Minister, Piyush Gopal, praised Open Network for Digital Commerce (ONDC) for having a signi

Finance Ministry Scraps TCS ON Foreign Spending
The Finance Ministry recently announced a significant decision to abolish the 20 percent Tax Collect

"RBI Announces Soft Demonetisation: Rs 2000 Notes To Be Withdrawn, But Remain Legal Tender"
On Friday, May 19th, the declaration by The Reserve Bank of India (RBI) stating Rs 2000 currency not

Chamber OF MSMEs: Launching A New Platform To Connect Banks To Businesses
The Chamber of Indian Micro, Small, and Medium Enterprises is launching a new platform called ‘MSME

Neogrowth’s Digital Payment Study: UPI, The Most Common Form OF Payment
There was a 14%, 12%, and 9% increase in UPI payments in the FMCG and retail segment, the food and b

Startup And MSME M&As To Be Cleared Within 15-60 Days
The government has announced that mergers and acquisitions (M&As) involving startups and Micro,

India-UK New Trade Agreements: Talks To Be Held in June
According to a senior government official, India and the UK aim to conclude negotiations about the p

A Watershed Moment For MSMEs: New Foreign Trade Policy
The Directorate General of Foreign Trade is showcasing the government's vision for the growth of the

New Measures to Curb Tax Evasion: CBIC Demands E-Invoice from Firms worth Rs. 5 Crore Turnover
This new measure will bring micro companies to the tax fold. The steps are taken to shift the econom

Upcoming Startups that Secured Funding: Zygno, Genworks, and Slick
Some recent start-ups have managed to secure funding from investors. These are Zygno, an electric ve

Rs. 1.73 Crore Penalty: Imposed on HSBC by RBI
This penalty was imposed on HSBC because the bank furnished incorrect credit information to the Rese

ODNC: A Tough Competitor for Zomato and Swiggy
A new food tech platform built by the Indian government, ODNC, is offering food delivery services at

Amid hiring dip, startups see 21% jump in demand for skilled gig workers: Report
A shift in the workforce trend of Indian startups has been significantly noticed over the past few w