Tag: working capital
45-day payment rule: New fund will work with banks to help MSME units, says FM Sitharaman
The union government is working on a new fund which would work with banks to see that MSME units would continue to receive support if…
income tax act: I-T breather to help loss-making firms conserve working capital
A key amendment to the Income Tax Act proposed in the budget could help loss-making companies with high cash burn, including startups, conserve working capital,…
ecgc: Exporters with credit limit of up to Rs 50 crore to get 90% insurance cover: ECGC
The Export Credit Guarantee Corporation (ECGC) plans to support exports worth Rs 10 lakh crore in FY24 from around Rs 6.8 lakh crore at present….
gst: 88% MSME say GST reduced cost of goods and services, optimised supply chain
About 88% of Micro, Medium and Small Enterprises say that implementation of Goods and Services tax (GST) has reduced cost of both goods and services…
Credit growth momentum may moderate to 10 pc in FY24, report suggests
India’s credit growth momentum is waning and the crucial non-food loans growth is likely to slip to 10 per cent in FY24 from more than…
Samunnati fpo: Samunnati onboards first Farmer Producer Organisation (FPO) on TReDS, completes transaction worth Rs 3.5 cr
Open agri network Samunnati on Wednesday announced that it has onboarded its first Farmer Producer Organisation (FPO) on TReDS and completed a transaction of discounting…
Nearly 60 YC-backed Indian startups have deposits stuck in Silicon Valley Bank
The spillover of the Silicon Valley Bank (SVB) collapse into India’s startup ecosystem is becoming more evident, with several early and mid-stage ventures that were…
Union Budget 2023: Abolition of GST & mandi tax among requests from the agritech sector
The agritech sector wants the Union Finance minister to abolish the GST and mandi tax on agricultural produce brought from Farmers Producer Organisations (FPOs) and…