Micro, Small & Medium Enterprises Development Act, 2006 (5th Edition)
- Year of Publication: 2023
- Edition: 5th
- ISBN: 978-81-19565-00-9
- No.of Pages: 1177
The Micro, Small and Medium Enterprises plays an important role in the economic and social development of India in terms of generation of employment, contribution to the Make in India and fostering equitable economic growth. The Central Government in the Union Budget 2023- 2024 emphasised on the contribution of MSME sector
Key announcements made in the Union Budget are:
- Launching scheme “Vivad se Vishwas I – Relief to MSMEs” for providing relief to MSME for COVID-19 period;
- Revamping Credit Guarantee Trust for small micro-enterprises scheme with a required infusion of Rs. 9,000 crore, effective 1st April, 2023.
- Launching a unified Skill India digital platform focusing on enabling demand-based formal skilling, linking with employers, including MSMEs, facilitating access to entrepreneurship schemes.
- Pradhan Mantri Vishwakarma Kaushal Samman Scheme for enabling the artisans to improve the quality and reach of their products, integrating them with the MSME value chain.
- Presumptive tax scheme for MSMEs announced to reduce unreported cash income and increase transparency.
- Relief to startups by giving the benefit of carry forward of losses on a change of shareholding of startups from seven years to ten years.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
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- Year of Publication: 2023
- Edition: 5th
- ISBN: 978-81-19565-00-9
- No.of Pages: 1177
The Micro, Small and Medium Enterprises plays an important role in the economic and social development of India in terms of generation of employment, contribution to the Make in India and fostering equitable economic growth. The Central Government in the Union Budget 2023- 2024 emphasised on the contribution of MSME sector
Key announcements made in the Union Budget are:
- Launching scheme “Vivad se Vishwas I – Relief to MSMEs” for providing relief to MSME for COVID-19 period;
- Revamping Credit Guarantee Trust for small micro-enterprises scheme with a required infusion of Rs. 9,000 crore, effective 1st April, 2023.
- Launching a unified Skill India digital platform focusing on enabling demand-based formal skilling, linking with employers, including MSMEs, facilitating access to entrepreneurship schemes.
- Pradhan Mantri Vishwakarma Kaushal Samman Scheme for enabling the artisans to improve the quality and reach of their products, integrating them with the MSME value chain.
- Presumptive tax scheme for MSMEs announced to reduce unreported cash income and increase transparency.
- Relief to startups by giving the benefit of carry forward of losses on a change of shareholding of startups from seven years to ten years.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
