2019
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Start-Up India
- August 9, 2019
- Posted by: admin
- Category: Latest update
No CommentsStartup India is a flagship initiative of the Government of India, intended to catalyze startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. Launched on 16th January, 2016, the Startup India Initiative has rolled out several programs with the objective of supporting entrepreneurs, building a robust startup ecosystem and transforming India into a country of job creators instead of job seekers.
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Opportunity To Avail Capital Subsidy for Investment In Food Processing Sector Under Pradhan Mantri Kisan Sampada Yojana
- August 1, 2019
- Posted by: admin
- Category: Latest update
Ministry of Food Processing Industries MoFPI, Government of India has announced the continuation of their vary popular and lucrative scheme Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) under Pradhan Mantra Kisan sampada Yojana where industry can avail Capital Subsidy @ 35% in General Areas and @ 50% in North Eastern States, Himalayan States & ITDP areas upto a maximum limit of Rs. 5.00 Crore.
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One stop consultancy house – An overview
- June 1, 2019
- Posted by: admin
- Category: Latest update
A One Stop Consultancy House assisting clients in setting up of MSME/Large Scale units. We have a focused approach towards Project Consultancy, Debt Syndication and assistance in securing various Government Subsidies/Incentives
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Rule on Delayed Payment to Micro and Small Enterprises (MSMEs)
- May 30, 2019
- Posted by: admin
- Category: Latest update
The Central Government vide notification number S. O. 5622 (E), dated 2nd November, 2018 has directed that all companies, who gets supplies from micro & small enterprise and whose payments to micro & small enterprise suppliers exceeds 45 days from the date of acceptance
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Integrated Scheme for Agricultural Marketing
- May 30, 2019
- Posted by: admin
- Category: Latest update
Recently Ministry of Agriculture and Farmers Welfare, Govt. of India has issued Operational Guidelines for getting capital subsidy for investment in eligible storage infrastructure project (Warehouse) and marketing infrastructure project.
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ST on Electricity
- May 29, 2019
- Posted by: admin
- Category: Latest update
Section 66D of the Finance Act, 1994 contains the Negative list of services. In accordance with clause(k) of negative list of services as per Section66D introduced w.e.f01/07/2012, “transmission or distribution of electricity by an electricity transmission or distribution utility is not a tax able service”
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Owners would be liable to pay tax for renting of buildings to governments
- May 29, 2019
- Posted by: admin
- Category: Latest update
If rented immovable property is used for furtherance of business or commerce, it is liable to service tax. It does not matter whether Government or private parties rent it. Many Government offices like Service Tax, Central Excise, Income Tax, Accountant General Office, and State government offices have taken buildings on rent for performing the respective functions.
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WB SSIS 2013-18
- May 29, 2019
- Posted by: admin
- Category: Latest update
The Governor is pleased to sanction the implementation of a new Incentive Scheme for Micro, Small & Medium Enterprises in West Bengal in the following manner with an eye to promoting growth and development of such enterprises in the State.
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WB Textile Policy 2013-18
- May 29, 2019
- Posted by: admin
- Category: Latest update
West Bengal has a long history and tradition in textiles. The sector still provides employment, both directly and indirectly to a large number of people in the State. The State has the potential to revive its textiles industry and be a major part of global value chain in this sector.
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Clarification on rate of service tax
- May 29, 2019
- Posted by: admin
- Category: Latest update
The rate of service tax has been restored to 12% w.e.f. 1st April 2012. Representation have been made seeking clarification on the rate of tax applicable wherein invoices were raised before 1stApril 2012 and the payments shall be after 1st April 2012.
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