[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
Central News
Central Industry News
The Central News includes industry-news at the national level. This includes industry and finance policies put forth by the Government of India that would be applicable to all industries, including medium and small industries in Peenya. The Central News would be for the information and benefit of the industry members of the Peenya Industries Association.
The Central Industry News includes policies, statements, opinions by the finance and medium and small industries, and also chiefs of the industrial organisations at the national level, trends about industrial sectors from the point of view of their present situation. The Central Industry News also includes news articles about chiefs of trade and industrial associations sending their recommendations, opinion, memorandums, for the information of the members of the Peenya Industries Association.
Also, the Central Industry News would include news of a minister being allocated the small and medium industries portfolio, or formation of new government after the Lok Sabha elections.
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