SME / MSME , , , , , , , , , 0 Comments

The Micro, Small and Medium Enterprise often known as MSME is an important part of a growing economy. It plays a pivotal role in the driving the growth engine. The manifest capacity of Micro, Small and Medium Enterprise for driving the economic growth and development at regional, national and global level can’t be neglected. They

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In this blog post, the various benefits are specified for MSMEs under the Micro, Small and Medium Enterprises Development Act, 2006. Also see: Concise View Of MSMEs And Its Features MSMED Act was enacted by the Government of India on June 16, 2006 with a motive of promotion, development and enhancement of the competitiveness of

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SMEs referred as Small and Medium Enterprises is backbone of any economy. They create a lot of job opportunities at a low capital cost. The labour density is quite high in these as compared to large enterprises. They are the beginning steps of an entrepreneurship often created by an individual creativity and innovation. This sector

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SME / MSME 0 Comments

The Micro, Small and Medium Enterprise referred as MSME plays an important role in a country’s economy by sustaining livelihood and regional development. They are concentrated and informal in nature. MSME is a sector that’s carried by the creativity and innovation of the individuals or groups. The labour ratio in Micro, Small and Medium enterprise

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Business Ideas, Others, SME / MSME , , , , , 0 Comments

Has come up with some substantial steps to combine GST with national manufacturing industry, the Indian government is expecting to make the country into a global manufacturing hub. When most of the manufacturing companies are paying more than twenty-five percent taxes, GST has sealed most of the industrial products at eighteen percent. It has ended

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The MSME sector set to provide maximum jobs and maximum products; it has turned into a usually discussed subject nowadays. The micro, small, and medium enterprises are jointly accounting thirty-seven percent of India’s GDP. Hence, the MSME sector is challenging the other sectors in terms of product launch and job creation. In an effort to

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Business Ideas, Small Business, SME / MSME, Startups , , , , , , , 0 Comments

We are social inborn, it is not possible for us to stay away from our close ones – family, friends, and relatives. But we all want to earn. Small towns offer limited earning opportunities to the occupants. It is a common saying among the city living people, but it is not true to some extent.

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Others, SME / MSME , , , , , 2 Comments

The manufacturing sector in India has slowly progressed to produce world-class companies and can make good models to predict how other sectors may make in India. It often said that India has skipped the manufacturing sector altogether and gone straight to become a service based economy. This is an easy narrative, as India transformed into

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Here we are pointing out the top five mistakes done by the MSMEs under Goods and Services Tax scheme. If you have less knowledge about this area, you could go through the write up once – it won’t take much of your minutes. In fact, each of the invested minutes will be beneficial for your

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