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India and Israel will enhance partnership in areas like innovation and StartUps

India and Israel will enhance partnership in areas like innovation and StartUps

India and Israel will enhance partnership in areas like innovation and StartUps, and usher in a new phase…

MSMEs call for relaxations in the new FEMA regulations for exports and imports

MSMEs call for relaxations in the new FEMA regulations for exports and imports

Small businesses are calling for relaxations in proposed regulations for exports and imports under the Foreign Exchange Management…

Biomanufacturing and Bio-foundry will drive India’s future bioeconomy and promote “Green Growth” says Union Minister Dr. Jitendra Singh

Biomanufacturing and Bio-foundry will drive India’s future bioeconomy and promote “Green Growth” says Union Minister Dr. Jitendra Singh

After policy shift Under PM Modi, Biotechnology research and bio start-ups are prioritised and have taken centre stage,…

Government to launch new credit guarantee scheme for MSMEs covering loans up to Rs.100 crores

Government to launch new credit guarantee scheme for MSMEs covering loans up to Rs.100 crores

Finance Minister, Nirmala Sitharaman, in her Budget 2024-25 announcement, highlighted the scheme’s framework. It aims to facilitate term…

7 non-European countries you can visit with your Schengen visa

7 non-European countries you can visit with your Schengen visa

The revamped Schengen visa rules are like a golden ticket for Indian jet-setters, offering multi-year visas. The revised regulations, known…

Why Income Tax Department has introduced new PAN 2.0 Project

Why Income Tax Department has introduced new PAN 2.0 Project

The Union Cabinet approved the PAN 2.0 Project on Monday to make PAN the “single source of truth…

Recent Posts

US visa: 14 popular and stunning international destinations you can visit if you have a valid US visa

US visa: 14 popular and stunning international destinations you can visit if you have a valid US visa

BySMEConnect-DeskJun 4, 20242 min read

A valid US visa allows you to visit 15 well-known and breathtaking foreign locations Mexico offers a carefully tailored experience for every type of traveller, from the vibrant nightlife to the azure beaches and the indigenous architecture. Time frame: 180 days. Belize is a small island in Central America that offers the dreamy, tranquil vacation you’ve been longing for if you want to escape to a place where people live slowly and […]

Income Tax Notice: Income Tax Department can send notice on these 5 high value cash transactions

Income Tax Notice: Income Tax Department can send notice on these 5 high value cash transactions

BySMEConnect-DeskJun 4, 20246 min read

Misconception that cashless transactions are less traceable by the Income Tax Department has arisen due to the increasing prevalence of such transactions. Nevertheless, this belief is incorrect. This is because banks and…

India’s FY24 GDP Surpasses Projections with 8.2% Growth Despite Weak Consumption and Investment

India’s FY24 GDP Surpasses Projections with 8.2% Growth Despite Weak Consumption and Investment

BySMEConnect-DeskJun 4, 20242 min read

India’s GDP outperformed expectations with a 7.8% increase in Q4FY24, leading to an annual growth rate of 8.2% for FY24, as reported by the National Statistical Office (NSO). This growth,…

Pharma Sector Achieves 8% Growth in FY24: Report

Pharma Sector Achieves 8% Growth in FY24: Report

BySMEConnect-DeskJun 4, 20242 min read

The pharmaceutical sector in India experienced an 8% growth in revenue during FY24, according to a recent IQVIA report. Sudarshan Jain from the Indian Pharmaceutical Alliance (IPA) predicts the chronic…

IRDAI Enforces 3-Hour Time Frame for Processing Cashless Insurance Claims

IRDAI Enforces 3-Hour Time Frame for Processing Cashless Insurance Claims

BySMEConnect-DeskJun 4, 20241 min read

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a directive requiring insurers to expedite the approval of cashless claims, setting a strict three-hour deadline. This regulation is…