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MSMEs sector News

GST council meeting

10 Jan 2019

Relief to small businesses: GST exemption limit doubled to Rs 40 lakh

The GST Council doubled the GST exemption limit to Rs 20 lakh for north eastern states and Rs 40 lakh for the rest of the country.

GST council meeting

10 Jan 2019

Turnover limit for biz availing GST composition scheme raised to Rs 1.5 crore

The new rule will come to effect from April 1, 2019.

GST council meeting

09 Jan 2019

GST Council to meet on January 10: Here's what MSMEs, home buyers can expect

While for small service providers, the Council may announce a flat 5 percent GST.

27 Dec 2015

Chennai floods wash out Rs 1700 crore of MSME business

Of the estimated Rs 15,000 crore losses due to the recent devastating floods in Chennai, coastal Tamil Nadu and the neighbouring Puducherry, MSMEs bore the maximum brunt of about Rs 1,700 crore.

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