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India eyes trade expansion with Latin America across two dozen countries

India eyes trade expansion with Latin America across two dozen countries

India is exploring new export destinations to offset the impact of slowing demand in developed economies and the…

Budget 2025: TDS, TCS simplified; higher exemptions for rent, LRS and education loans

Budget 2025: TDS, TCS simplified; higher exemptions for rent, LRS and education loans

Budget 2025: For Liberalised Remittance Scheme (LRS) transactions, the TCS exemption limit has been increased from ₹7 lakhs…

US-China trade war escalation may help Indian exports: GTRI

US-China trade war escalation may help Indian exports: GTRI

Escalating US-China trade tensions could boost India’s exports and attract American investments, as new US Senate bills may…

China directs its carmakers not to make auto-related investments in India

China directs its carmakers not to make auto-related investments in India

Workers assemble a BYD Dolphin compact hatchback electric vehicle inside the company’s new plant in Nikhom Phatthana, Thailand,…

Shri Narayan Rane launches MSME Competitive (LEAN) Scheme under MSME Champions Scheme

Shri Narayan Rane launches MSME Competitive (LEAN) Scheme under MSME Champions Scheme

LEAN has potential to become a national movement and aims to provide a roadmap to global competitiveness for…

Recent Posts

Small Companies can now chase India’s giant AI dreams

Small Companies can now chase India’s giant AI dreams

BySMEConnect-DeskOct 7, 20246 min read

Sunil Gupta, Chief Executive of Yotta Data Services, which has placed a purchase order of 16,000 H100 GPUs from Nvidia and went live with 4,000 H100 GPUs a few months ago, concurred. The Government has halved the revenue threshold for companies seeking to bid for the Rs 10,000 crores graphics processing units (GPUs) tender, conceding […]

India gears up to combat Beijing’s ‘Made in China 2025’ manufacturing plan

India gears up to combat Beijing’s ‘Made in China 2025’ manufacturing plan

BySMEConnect-DeskOct 5, 20243 min read

While the Department for Promotion of Industry and Internal Trade (DPIIT) is the nodal body, monitoring China’s moves, the Ministry of New & Renewable Energy also keeps a close watch,…

Loans to MSMEs show an uptick in current fiscal

Loans to MSMEs show an uptick in current fiscal

BySMEConnect-DeskOct 5, 20243 min read

Growth comes on the back of renewed focus on MSMEs, digitalization of economy, and schemes offering collateral-free loans, among others. Indicating a positive trend, loans to the Micro, Small and…

10 Years of Make in India

10 Years of Make in India

BySMEConnect-DeskOct 5, 202418 min read

Transforming India into a Global Manufacturing Powerhouse Introduction Launched on September 25, 2014, by Prime Minister Narendra Modi, the “Make in India” initiative is completing 10 years as a pivotal…

6 income tax rules introduced in Budget 2024 to be effective from Oct 1. Check list

6 income tax rules introduced in Budget 2024 to be effective from Oct 1. Check list

BySMEConnect-DeskOct 5, 20248 min read

The STT applicable to futures and options (F&O) trading is set to increase from October 1, 2024. Specifically, the tax rates for Futures & Options (F&O) of securities will rise…