Online Application by Supplier MSME against Buyer Unit under MSEFC

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[vc_row][vc_column][vc_column_text]The Office of DC(MSME has taken an initiative for filing online application by the Supplier MSE unit against the buyer of goods/services before the concerned MSEFC of his/her State/UT. At present, the applicant MSE unit submits an application in writing to the MSEFC of his/her State/UT. The applicant sometimes is not

Supreme Court upholds law making PAN linking with Aadhaar must

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[vc_row][vc_column][vc_column_text]The Supreme Court has upheld the law making Aadhaar a must for filing income tax returns and its linkage to PAN card. Those who have a PAN but have not yet got Aadhaar can still file their income tax returns this year. The SC bench however has not expressed any

Benefits from PMRPY for MSMEs

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[vc_row][vc_column][vc_column_text]The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) Plan Scheme has been designed to incentivize Employers for generation of new employment, where Government of India will be paying the 8.33% EPS contribution of the Employer for the new employment. This Scheme has a dual benefit, where, on the one hand, the Employer

PIA at Industry-Institute-Interaction Workshop & Job Fair

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[vc_row][vc_column][vc_column_text]Sri M. Malyadri Reddy, President-Elect, PIA took chaired a Technical Session speaking about the significance of Industry-Institute interaction, its present status, the scope for improvement and the implications for Small Industry. Dr. A. Sivathanu Pillai, Padma Bhushan Awardee, Former Chief Controller, R&D, DRDO, Founder CEO & MD, BrahMos, chaired the

Feedback Sought From Members on Draft of Code on Social Security

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[vc_row][vc_column][vc_column_text]The Ministry of Labour & Employment has prepared a Preliminary Draft of the Code on Social Security & Welfare by amalgamating all existing Labour Laws related to Social Security (Total 15 Labour Laws including EPF Act, ESI Act, Maternity Benefit Act, Payment of Gratuity Act, Employees Compensation Act, Unorganized Social

NATIONAL WELDING MEET Manufacturers’ Day Out @ Weld Tech Expo 2017

NATIONAL WELDING MEET

[vc_row][vc_column][vc_column_text]For fabrication industries and other industries associated with welding, the 3-day National Welding Meet (NWM) and Weld Tech Expo 2017 organized by the Indian Institute of Welding and hosted by its Bangalore Branch at Neelakanta Convention Centre, opp. BIEC, Tumakuru Road, Bengaluru was a must-visit event. The event was themed

UPDATE KNOW THE GST IMPACT ON JOB-WORK

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[vc_row][vc_column][vc_column_text]If you are outsourcing some of your manufacturing work, here's how GST will bring significant changes for you. Every manufacturer in the country - big or small, tends to do some part of their manufacturing in-house and the rest outsourced to others. This allows manufacturers to focus on their core competencies

RESURGENT KARNATAKA Ambitious Effort to Uplift MSMEs

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[vc_row][vc_column][vc_column_text]The State Government has taken a lot of measures to improve the lot of MSMEs. According to official reports, more than 40,000 acres of land is available in Karnataka to set up industries. Work on the Chennai-Bengaluru-Chitradurga Industrial Corridor is in full swing. As Hon'ble Minister for Large & Medium Industries and

Circular released confirming No Trade License needed for availing Power Supply by MSMEs

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[vc_row][vc_column][vc_column_text]Great news for Members! PIA's persistent efforts and follow-up, along with other Industry bodies, with KERC and BESCOM has resulted in BESCOM issuing a Circular confirming that no General/Trade License is required to be produced from MSMEs for the purpose of availing Power supply. Bescom vide Circular dated June 9, 2017

EPFO introduces Online Claim Submission

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[vc_row][vc_column][vc_column_text]As part of the GOI's latest e-governance initiative, EPF Members who have activated their UAN and seeded their KYC (Aadhaar) with EPFO will be able to apply for PF Final Settlement (Form19), Pension Withdrawal Benefit (Form10-C) and PF Part Withdrawal (Form31) from the their UAN Interface directly. The three forms