Page 2 - Indian Micro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Capitalizing on India's emergence as a key driver of global growth, the Herald Media Group is looking for ways to deepen Korea-India economic ties. Leading a delegation of experts, the media group's Chief Executive Officer Choi Jin-young visited India from April 4 to April 11 to engage and establish communication channels with think tanks, trade and business confederations representing small and large indus...

The MSMEs are apprehensive that the labour codes will increase their financial burden due to employee insurance, gratuity and a higher basic wage.

According to Section 43B(h) of the Income Tax Act, if a larger company does not pay an MSME on time -- within 45 days in case of written agreements -- it cannot deduct that expense from its taxable income, leading to potentially higher taxes.

If a larger company does not pay an MSME on time -- within 45 days in case of written agreements -- it cannot deduct that expense from its taxable income, leading to potentially higher taxes

Micro enterprises' exports grew to 6.63% in January, while small and medium enterprises' shares decreased. Top MSME export sectors are engineering goods, gems, garments, rice, and chemicals. Various factors affect exports, including freight costs and Western world economic challenges.