Tag: GST News

Demonetisation Affected MSME Credit Growth

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A Reserve Bank of India (RBI) study said that demonetisation negatively affected the credit growth of the Micro Small and Medium Enterprises (MSME) sector. The implementation of the Goods and Services Tax (GST) did not greatly affect the overall credit to MSMEs. The RBI conducted the study to assess the credit

MSME Sector gets some relief as Lok Sabha Passes GST Bills

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The Micro, Small and Medium Enterprises (MSME) sector could see some light at the end of the tunnel, as the Lok Sabha passed the amendment bills to the Goods and Services Tax (GST). Finance Minister Piyush Goyal presented these bills in the Lok Sabha after the GST Council received various

Government Puts Forth 4 GST Amendment Bills to Help MSMEs

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The Government of India has moved to rework the Goods and Services Tax (GST) laws. It has introduced four bills in the Lok Sabha to amend GST laws to make the returns form hassle-free, and set the threshold for getting the composition scheme to INR 1.5 crore. Finance Minister Piyush Goyal

MSMEs Issues To Be Resolved by GST Council-formed Committee

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[vc_row][vc_column][vc_column_text]The Goods and Services Tax (GST) Council held its 29 th meeting in New Delhi last Saturday (4 August). Piyush Goyal, assuming charge as finance minister in place of the indisposed Arun Jaitley, chaired the meeting. He stated that the GST Council would form a committee to look into the