[vc_row][vc_column][vc_column_text] In order to further promote digital and card payments, the Central Government has asked the Public Sector Banks (PSBs) not to charge fees for transactions settled on Immediate Payment Service (IMPS) and Unified Payments Interface (UPI) in excess of rates charged for National Electronic Funds Transfer (NEFT) for transactions above
Year: 2017
Union Budget 2017 has responded to MSME Concerns: PIA President
[vc_row][vc_column][vc_column_text] The Union Budget for 2017 has broadly met the aspirations of the MSME sector, Sri R.Krishnamurthy, President, PIA said, and welcomed in particular the reduction in corporate tax rate to 25% for MSMEs with annual turnover less than Rs 50 crore. According to Sri R. Krishnamurthy, the doubling of the allocation
PIA industrial Directory 2017
[vc_row][vc_column][vc_column_text] In a major initiative for Micro and Small Scale Industries in Peenya in particular, Peenya Industries Association (PIA) has launched an Industrial Directory containing comprehensive data on various products and services available in Peenya Industrial Area and surrounding Industrial Estates. Peenya Industrial Area is South-East Asia's largest industrial hub and therefore
PIA’S Mega job Mela in Peenya
[vc_row][vc_column][vc_column_text]The Peenya Industries Association (PIA) will hold a Mega Job Mela. According to Sri. R. Krishnamurthy, President, PIA, nearly 100 industries are expected to put up individual stalls at the Mega Job Mela. The industries will represent a wide spectrum ranging from micro, small and medium enterprises, including large industries,
Hon. Secretary’s Report – Jan 2017 page4
[vc_row][vc_column][vc_column_text] 27.01.2017 Interaction Meeting with Sri S. Munirathna, Hon'ble MLA, Rajarajeshwarinagar Constituency to discuss BBMP & BWSSB issues, the member explained their difficulties pertaining to Street Lights, Roads, Pot holes etc, since woman workers particularly the garments segment, getting around in the night after completion of their work feel that there is
Hon. Secretary’s Report – Jan 2017 Page1
[vc_row][vc_column][vc_column_text] 02.01.2017 to 03.01.2017 A Help Desk on Migration to GST has been set up in PIA in association with Commercial Taxes Department, GOK. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/4" offset="vc_col-lg-4"][vc_single_image image="1584" img_size="large" onclick="link_image"][/vc_column][vc_column width="3/4" offset="vc_col-lg-8" css=".vc_custom_1488798361037{margin-top: 110px !important;}"][vc_column_text]03.01.2017 MSME-DI in association with PIA has organised an Awareness programme on Financial Support to MSMEs in Zero defect &
Paint Industry to grow to Rs 70k crores by 2019-20
[vc_row][vc_column][vc_column_text]The apex body of Paint industry has projected the growth of Indian paint market to reach up to Rs.70, 875 crore by 2019-20. It also expects that market growth may bounce high comparative to the figures of Rs.40, 300 crore in 2014-15. According to the Indian Small Scale Paint Association (ISSPA),
Firms not enrolled with EPFO can do so with just Re 1 fine under Amnesty Scheme
[vc_row][vc_column][vc_column_text]In a move that will encourage many micro, small and medium enterprises (MSMEs) to enrol their employees as members under the Employee Provident Fund (EPF) scheme. The EPFO has launched a 3-month campaign from Jan 1 for an amnesty scheme under which Employers can get themselves enrolled against payment of a