New taxes will choke us out of business: SMEs - The Zimbabwe Independent
A recent central bank 2022 study found that the informal sector is estimated to generate an annual turnover of US$14,2 billion.
Source: theindependent.co.zw
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New taxes will choke us out of business: SMEs -Newsday Zimbabwe
A recent central bank 2022 study found that the informal sector is estimated to generate an annual turnover of US$14,2 billion.
Source: newsday.co.zw
Banks, NBFCs not bound to take revival measures for MSME before declaring it NPA: Bombay High Court
The Court held that such a process under the MSMED Act could only be carried out on an application by an MSME. It rejected an argument by MSMEs that banks/NBFCs should mandatorily first adopt such restructuring measures.
Source: barandbench.com
Restructuring Not Mandatory
by adv. r. s. agrawal in these group of petitions filed by several petitioners led by m/s a. navinchandra steels pvt. ltd and several others duly registered under the micro, small and medium enterprises devel
Source: thehitavada.com
Banks/NBFCs Not Obliged To Initiate Restructuring Process Before Classifying MSME Account As NPA Sans Application From MSME: Bombay High Court
The Bombay High Court recently held that banks and non-banking financial companies (NBFCs) are not obligated to initiate restructuring process before classifying accounts of Micro, Small, and Medium...
Source: livelaw.in