As per existing guidelines, some of the activities under agriculture and tourism based enterprises are already covered in the ambit of MSME sector. Activities under these two categories, for which Udyam Registration (UR) is allowed, are given in the dropdown menu of the UR portal. Agriculture based activities such as Preparation of crops of primary market i.e. cleaning, trimming, grading ...
Read More »Monthly Archives: March 2022
Export Policy for MSMES
E-Commerce is widely considered as a medium to reduce costs related to penetration and sustainability of exporters in international markets. Indian MSMEs stand to benefit from the enhanced visibility provided by e-commerce platforms. Improved infrastructure, competitive pricing and reduced costs associated with marketing and outreach of products over a digital platform contribute to promoting online sales. Government of India has ...
Read More »Participation of Women in MSMEs
Government of India launched the Beti Bachao Beti Padhao (BBBP) scheme in January 2015 to address the issue of decline in Child Sex Ratio (CSR) and related issues of empowerment of girls over a life cycle continuum. The objectives of BBBP scheme are to prevent gender biased sex selective elimination, to ensure survival and protection of the girl child, and ...
Read More »Central Government relaxes provisions of TCS under section 206C(1G) of the Income-tax Act, 1961 in respect of non-resident individuals visiting India
Section 206C (1G) of the Income-tax Act, 1961 (“the Act”) provides for collection of tax by a seller of an overseas tour programme package from a buyer, being a person purchasing such package, at the rate of 5% of the amount of the package. Representations were received from domestic tour operators who were facing difficulties in collection of tax from ...
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