Page 2 - Sme

SME Chatroom: 'IGST refund rules for exports by EOUs need to be reviewed'

Business Standard brings you the fortnightly Q&A on SMEs

SME offerings make a comeback in CY2021, mop-up 3x over last year

Last year as investors preferred larger companies that were deemed more resilient amid Covid; Calendar 2018 was the best year for SME IPOs, with 141 offerings garnering Rs 2,287 cr

SME Chatroom: Duty drawback permitted on FOB value without bank charges

Agency commission and foreign bank charges, separately or jointly, exceeding this limit should be deducted from the FOB value for granting duty drawback, the CBIC says

SME will be fastest-growing segment over next 3-5 years: HDFC Bank CEO

On the client side, the bank is largely comfortable as 85 per cent of retail customers work with companies rated and above , where job losses have been low

SME Chatroom: 'No GST on expenses incurred as pure agent'

You need not include the costs and expenses you incur as a 'pure agent' in the value of taxable supplies, provided you fulfil the conditions stated in Rule 33

'FTP benefits are available against settlement of claims by ECGC'

Expert answers readers' SME queries related to excise, VAT and exim policy

State Bank of India's latest target: Rs 4-trn SME loan book by March 2024

It has become easier to do business, especially in the SME banking space, with rising pace of formalisation

UK SME fintech platform Tide announces plans to expand into India

Tide on Monday announced its first plans for a test launch in India in the first quarter of 2021, followed by a wider rollout later in the year, as part of its international expansion plans

Temporary or permanent transfer of intellectual property attracts 12% GST

Appendix-5C of the HBP also requires the Chartered Accountant to clearly certify that the exporter has submitted e-BRC and the same have been verified

SME B2B Platform TradeIndia looking to raise $10-15 mn in next 2 quarters

The company was started as an offline B2B platform for SME buyers and sellers in 1996 by Bikky Khosla, who owns 95 per cent of the stock

Wiserfunding enters Indian market, to provide lending solutions for SMEs

The investment will also be towards creating technology to connect to various public and private databases to source all inputs to fully automate its models as it already does in Europe

Wadhwani Foundation ties up with Clix Capital, Sidbi, others to help SMEs

Commits Rs 200 crore for initiative, which will support 10,000 SMEs with business survival, stability, and growth consulting to help save or create up to 100,000 jobs

What do Small Businesses want on World SME Day 2020?

A day to celebrate, the MSME segment is poised with a new set of challenges,for some it is existential while for others it is labour and/or resources.

Google to help SMEs avail loans via Google Pay

Google India on Thursday said it will work with financial institutions to help merchants get loans via its Google Pay for Business offering.

SMEs to gain maximum from Rs 1-trn RBI liquidity boost to NBFCs, HFCs

The latest measure has come as two of its most innovative liquidity measures worth Rs 2 trillion since February 6 did not elicit the desired effect

A survival manual for small businesses

In the 1990s, low-priced Chinese brushes entered the US market. Initially, they were of poor quality, so American manufacturers were not worried.

TDS on e-commerce deals to hurt SMEs' working capital: Amazon's Agarwal

Agarwal was talking about the Budget proposal to introduce a new section in the Income Tax Act

To survive slowdown, small businesses must conserve and maintain cash flow

Conserve cash and maintain a steady cash flow to survive this economic slowdown

Heat is on for refractory, sponge iron, re-roller firms: CRISIL SME Tracker

Moderation in demand led to a fall in steel prices, adversely affecting SMEs

Auditor exits mount at listed SMEs as scrutiny increases after IL&FS crisis

Eight out of twelve auditors exited mid-term in 2019; one analyst says "spotlight" on them has increased.