Relief to Textile Sector & MSMEs

Relief to Textile Sector & MSMEs To resolve the issues and challenges faced by the Textile sector and Micro, Small and Medium Enterprises (MSMEs), Union Minister for MSME, Shri. Nitin Gadkari pointed out the measures taken by the government to…

Handloom Weavers Comprehensive Welfare Scheme

Handloom Weavers Comprehensive Welfare Scheme The Handloom weavers comprehensive welfare Scheme (HWCWS) is implemented by the Office of the Development Commissioner for handlooms to help the weavers to avail social security benefits. Let us have a detailed look at this…

Mahila Adhikarita Yojana (MAY)

Mahila Adhikarita Yojana (MAY) The National Safai Karamcharis Finance and Development Corporation (NSKFDC) is an Enterprise which is under the Ministry of Social Justice & Empowerment. The main objective of NSKFDC is to promote socio-economic upliftment of Safai Karamcharis/Scavengers (A person engaged in any…

Alternative Investment Fund

Alternative Investment Fund Alternative Investment Funds (AIFs) deeply influence the global financial system and economy with investment decision affecting the capital markets, companies and individuals. According to Securities and Exchange Board of India’s (SEBI) Regulation 2(1) (b), AIFs can be referred…

Price Stabilization Fund

Price Stabilization Fund The purpose of the creation of the Price Stabilization fund is to restrain the prices of agri-horticultural commodities like onion, potatoes, and pulses from the extreme price volatility. The fund is aimed to increase or decrease the…

Bank Account for GST Registration

Bank Account for GST Registration The Central Board of Indirect Taxes and Customs (CBIC), vide notification no. 31/2019 – Central Tax dated 28th June 2019, recently notified the Central Goods and Service Tax (Fourth Amendment) Rules, 2019, amending the Central…

Integrated Wool Development Programme

Integrated Wool Development Programme Integrated Wool Development Programme (IWDP) is an umbrella programme, implemented in all wool-producing states to support small, medium and large scale wool-producing units. The scheme was also implemented to boost the economic status of the wool-producing…

Invest India Programme

Invest India Programme Invest India programme was developed by the Department for the Ministry of Commerce and Industries and the Promotion of Industry and Internal Trade. Invest India focuses on targeting investors on sector-specific, and development of investments through new…

Silk Samagra

Silk Samagra The scheme “Silk Samagra” is initiated by The Central Silk Board. The Central Silk Board carries out the commercial seed production, extension and technology, Quality Certification systems, capacity building. Also facilitates in implementation of developmental programs through its…

Section 194M – TDS

Section 194M - TDS The 2019 budget has proposed a new  Section 194M in TDS, to deduct tax for the services availed from resident contractors or professionals by an individual or HUF. Section 194M will take effect from 1st September 2019.…