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New TDS Rate on Rent from 1st October 2024 – Section 194IB

New TDS Rate on Rent from 1st October 2024 – Section 194IB

The Union Budget 2024 introduced several changes to the tax structure, TDS Rates and TCS Rates, one of…

Dr Jitendra Singh proposes mechanism to follow up the progress of StartUps

Dr Jitendra Singh proposes mechanism to follow up the progress of StartUps

“Modi Govt providing all technical support & finances for ideas and innovations to grow and sustain” Union Minister…

Minimize Education Loan Costs: Pay Interest During Moratorium

Minimize Education Loan Costs: Pay Interest During Moratorium

Students should limit their education loans to essential expenses. Banks provide a moratorium on education loan repayments, typically…

German economy shrinks for second year in a row

German economy shrinks for second year in a row

First consecutive year of declining GDP since early 2000s highlights challenges facing next Government. Germany’s economy has shrunk…

Shri Narayan Rane inaugurates virtually Intelligent Tray Retrieval System (ITRS) reiterating importance of made in India technology

Shri Narayan Rane inaugurates virtually Intelligent Tray Retrieval System (ITRS) reiterating importance of made in India technology

Union Minister for MSME, Shri Narayan Rane, inaugurated virtually Intelligent Tray Retrieval System (ITRS), Manufactured by M/s SJK…

More than 2 lakh women owned MSMEs registered on UDYAM portal during special drives

More than 2 lakh women owned MSMEs registered on UDYAM portal during special drives

“SAMARTH” initiative launched to support women-owned MSMEs with skill Development and Market Development Assistance , to train more…

Recent Posts

DGFT wants interest equalization scheme for exporters to continue

DGFT wants interest equalization scheme for exporters to continue

BySMEConnect-DeskJun 15, 20242 min read

In a move set to bring relief to exporters, the Directorate General of Foreign Trade (DGFT) has concluded that there is merit in continuing the interest equalisation scheme for the export sector and is in discussions with the Finance Ministry on the terms of its extension beyond the month-end. The scheme, which allows exporters of […]

Curb on unfair GST demand recovery proceedings: GST official needs prior approval from higher authority to act within 3 months of demand

Curb on unfair GST demand recovery proceedings: GST official needs prior approval from higher authority to act within 3 months of demand

BySMEConnect-DeskJun 15, 20245 min read

If you receive a GST demand order, you have the option to either file an appeal against it or pay the demand amount. However, if GST officials believe that it…

Goods exports increase 9%, imports 8% in May

Goods exports increase 9%, imports 8% in May

BySMEConnect-DeskJun 15, 20241 min read

Goods exports rose 9% to $38 billion in May, while imports were 7.7% higher at nearly $62 billion, pushing up India’s trade deficit to $23.8 billion, highest in seven months. Exports growth has been uneven and the latest numbers…

CONFERENCE ON GATEWAY TO AFRICA

CONFERENCE ON GATEWAY TO AFRICA

BySMEConnect-DeskJun 14, 20242 min read

Mr. Mahesh Salunkhe, Director – SME Chamber of India and Maharashtra Industry Development Association addressing the delegates Adv. Raj Ambre – President, Lote Parshuram Industries Association addressing the delegates Mr.…

Cheque Bounce Rules: High Court Issues New Order on Non-Prosecution in Certain Cases

Cheque Bounce Rules: High Court Issues New Order on Non-Prosecution in Certain Cases

BySMEConnect-DeskJun 14, 20242 min read

In a significant ruling, the Allahabad High Court has determined that the dishonour of cheques from banks that have merged with another bank does not constitute an offence under Section…