Small Business

MSMEs to benefit as Sitharaman extends Rs 3-lakh crore collateral-free ECLG scheme, provides support for stressed sectors

The Government on Thursday extended the Emergency Credit Liquidity Guarantee Scheme till March 31, 2021, a move that will be beneficial for millions of MSMEs in the country. The scheme was initially supposed to end on October 30, 2020, but was subsequently extended by a month and was supposed to lapse on November 30. In […]

Small Business

MSMEs begin race to implement IT infrastructure to support electronic invoices within 50 days

MUMBAI: Small companies that were not required to bother about e-invoicing under the Goods and Services Tax (GST) are now rushing to upgrade their information technology (IT) systems so as to abide by the new government regulations. The government has said that e-invoicing or electronic invoicing will be mandatory for any company that has a […]