Textile sector gets Rs 6K-cr package

Union Cabinet on Wednesday cleared a Rs 6,000 crore special package for the sector. The move, according to the government, would create 1 crore new jobs in three years, in addition to attracting investments of $11 billion and generating $30 billion in exports. http://indianexpress.com/article/business/economy/textile-sector-gets-rs-6k-cr-package-to-create-1-cr-new-jobs-2870036/

Non Deduction of Tax – NOTIFICATION NO. No.47 /2016, DATED: 17-06-2016

In exercise of the powers conferred by sub-section (1F) of section 197A of the Income-tax Act, 1961 (43 of 1961) and in supersession of the notification of the Government of India, Ministry of Finance (Department of Revenue) number S.O. 3069 (E) dated 31st December, 2012, published in the Gazette of India, Extraordinary, Part II, Section […]

Zero Defect and Zero Effect (ZED)

           Addressing the nation on India’s 68th Independence Day, Hon’ble Prime Minister Shri Narendra Modi urged the industry, especially the Micro, Small and Medium Enterprises (MSMEs) of India, to manufacture goods in the country with “zero defects” and to ensure that the goods have “zero effect” on the environment. “We should […]

Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana The stages and reach of loan under pradhan mantri mudra yojana There are three main stages of PM Mudra Bank Yojana: 1 Shishu RS 50 Thousand This stage would cater to entrepreneurs who are either in their primitive stage or require lesser funds in order to get their businesses started. Under […]