FISME In Media

GST e-invoicing welcome step for midsize firms but might be a challenge for micro, small units: FISME

Ease of Doing Business for MSMEs: Earlier this month, the Central Board of Indirect Taxes and Customs (CBIC) had notified that e-invoicing will be mandatory for B2B transactions for businesses with a turnover of more than Rs 50 crore from April 1, 2021.

MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

Bar private labels, treat e-marketplaces and inventory same: FISME to government

At present, 200,000-250,000 micro enterprises in India have onboarded e-commerce platforms.

FISME: Policy response from RBI inadequate, MSMEs fear turning into NPAs

At present, 200,000-250,000 micro enterprises in India have onboarded e-commerce platforms.

MSME Associations worry over Gadkari’s move to include retailers and traders in MSME sector

Ease of Doing business for MSMEs: MSME associations have expressed their concern about the expansion of MSME definition fearing dilution of the sector and the benefits available to manufacturing businesses.

Budget 2022: MSMEs seeks amendment in IBC, restoration of interest-subvention scheme

Industry body FISME says MSMEs have been categorised as operational creditors, who rarely get their dues after the bankruptcy process.