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Camera, Action! India CCTV Crackdown Could Impact

Camera, Action! India CCTV Crackdown Could Impact

China Cos.: The Centre is looking to immediately operationalize its order that will likely weed out Chinese vendors…

Ministry of Finance Year Ender 2023: Department of Investment and Public Asset Management (DIPAM)

Ministry of Finance Year Ender 2023: Department of Investment and Public Asset Management (DIPAM)

In the year 2023, the Department of Investment and Public Asset Management (DIPAM) demonstrated a steadfast commitment to…

UPI Growth 2.0: Efforts on to Crack DBT Code

UPI Growth 2.0: Efforts on to Crack DBT Code

The Reserve Bank of India and banks are looking to get beneficiaries of the Government’s direct benefit transfer…

Launching of SMEtv Digital

Launching of SMEtv Digital

Hon’ble Vice President of India, Shri C. P. Radhakrishnan, then Governor of Maharashtra has launched “SMEtv Digital (www.smetv.in)”…

MoMSME Launches TEAM Initiative to Boost Digital Presence of MSMEs in India

MoMSME Launches TEAM Initiative to Boost Digital Presence of MSMEs in India

The Ministry of Micro, Small, and Medium Enterprises (MoMSME) has launched the MSME Trade Enablement and Marketing (TEAM) Initiative, a groundbreaking…

India-UK CETA: Charting a Progressive Partnership for Inclusive and Sustainable Growth

India-UK CETA: Charting a Progressive Partnership for Inclusive and Sustainable Growth

The India-UK Comprehensive Economic and Trade Agreement (CETA) represents an important opportunity for Indian small and medium enterprises…

Recent Posts

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 other financial institutions must notify the Income Tax department of transactions surpassing a specified threshold. This encompasses card payments, UPI transactions, as well as cash […]

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…

Minimize Education Loan Costs: Pay Interest During Moratorium

Minimize Education Loan Costs: Pay Interest During Moratorium

BySMEConnect-DeskJun 4, 20241 min read

Students should limit their education loans to essential expenses. Banks provide a moratorium on education loan repayments, typically lasting up to a year post-graduation or six months after employment, whichever…