The Micro Small & Medium Enterprises (MSMEs) are defined in India under the MSMED Act 2006 on the basis of capital investment made in plant and machinery, excluding investments in land and building. For Manufacturing Sector Investment upto Rs.2.5 Million is considered Micro, Rs.2.5 Million to Rs.50 Million as Small and Rs.50 Million to Rs.100 Million, as […]
There has been a move to ‘regulate’ e-commerce market place. E-comm players are blamed for deep discounting and predatory pricing’. Some of the e-commerce giants have been summoned and asked to share data on Sellers, GST compliance and compliance to the ‘spirit’ of FDI. The ‘Draft Social Security Law’, is considering extension of social benefits to the […]
The professionals have been asking for extension of filing date on account of challenges faced while filing statutory returns, due to regular changes in the utility software. Now comes o-Governance – Where ‘O’ stands for ‘Over’, hence Over Governance. NFRA has introduced Form NFRA2, where the Statutory Auditor has to disclose for each client audited, details of […]
