[vc_row][vc_column][vc_column_text]The new Code on Wages Bill proposed by the Centre should adopt a more benevolent and constructive attitude towards the MSME sector: PIA President R. Krishnamurthy One of the major and long pending demands of MSMEs, viz. labour reforms is now on the radar of the central government. Taking a major
Year: 2017
CBEC’s “GST Rates Finder” mobile app available on ios platform along with Android
[vc_row][vc_column][vc_column_text]The CBEC's Mobile app “GST Rates Finder”, which is available on Android platform, will soon be available on ios platform as well. Here's how to install the GSt Mobile app: To install "GST Rate Finder", user of Android mobile has to first open Google Play Store and in the search option has
GST Revision on certain Items under consideration: MSME Ministry
[vc_row][vc_column][vc_column_text]A more flexible approach is needed from the Government to ensure smooth transition and gain acceptability among Industry: PIA President The Hon'ble Union Minister for Micro, Small and Medium Enterprises (MSME) Sri Kalraj Mishra has said that requests for revising the tax rate on certain items under the GST will be
HISTORIC ACHIEVEMENT PIA Signs MoU with SME Association of Czech Republic
[vc_row][vc_column][vc_column_text]A business delegation from FKCCI and Peenya Industries Association (PIA) headed to the Czech Republic for strengthening ties with the MSME fraternity there. Sri C. Prakash, Hon. Secretary, PIA was part of the Delegation. History was made on June 6 when PIA along with the FKCCI signed a Memorandum of
NEW LAUNCH @ PIA – PIA Industrial Technical Directory 2017 is a must-have for Entrepreneurs: PIA President
[vc_row][vc_column][vc_column_text]June 2 was a historic day for PIA when it launched the PIA Industrial Technical Directory 2017 before a large gathering of Entrepreneurs from Peenya Industrial Estate and surrounding areas. Sri Ashok Kheny, Hon'ble MLA, Bidar South and MD, Nandi Infrastructure Corridor Enterprises chaired the Release Ceremony as the Chief Guest. In
After e-Way Bills, Govt plans chip-based Tags for movement of goods
[vc_row][vc_column][vc_column_text]We have to wait and see how practical the plan would be in terms of the ground reality and only proper implementation will remove the scepticism among Dealers: R. Krishnamurthy, PIA President Under the newly implemented Goods and Services Tax (GST), the e-Way billing is introduced to enable better movement of
NSIC starts GST Helpline for MSMEs
[vc_row][vc_column][vc_column_text]Request NSIC to open more lines for better service quality: PIA President. To facilitate the transition of the Micro, Small and Medium Enterprises into the new tax regime, the National Small Industries Corporation (NSIC) has launched a GST Helpline number. The helpline number 1800111955 dedicated for MSMEs is receiving good response from
On Radar: Capacity Building & Skill Up-gradation
[vc_row][vc_column][vc_column_text]The Government of Karnataka has well understood that skills and knowledge are the driving forces of economic growth and social development. Some of the key players such as Biocon. Glaxo Smith Kline Pharmaceuticals Ltd. Jubilant Life Sciences Ltd., and Astra Zeneca India have established their key Centers in the State. With the
Cost of Manufacturing Electronic Components may Reduce under GST: Study
[vc_row][vc_column][vc_column_text]Estimated money saved in warehousing and logistics will help bring down the cost by 5 to 8 per cent: PIA President. The cost incurred by the domestic manufacturers of electronic parts and components is likely to reduce with the implementation of the Goods and Services Tax (GST), reveals a study. The
MSME Ministry fully equipped with Policies to guard MSMEs in Transition period
[vc_row][vc_column][vc_column_text]MSME Entrepreneurs in Peenya should choose their Vendors judiciously so as to take benefit of the input tax credit being offered by the new system: PIA President R. Krishnamurthy The Ministry of Micro, Small and Medium Enterprise (MSME) has shown their readiness and preparedness to guide and help the sector related to