Cabinet Committee on Economic Affairs (CCEA)

Cabinet Committee on Economic Affairs (CCEA) approves Upward revision of MSME definition and modalities/ road map for implementing remaining two Packages for MSMEs (a)Rs 20000 crore package for Distressed MSMEs and (b) Rs 50,000 crore equity infusion through Fund of Funds   Fully paved way for Energising the MSME Sector through entire gamut of ‘Atmanirbhar Bharat Package’   In line with Government of India’s top focus on energising MSMEs in the country, a special meeting […]

PM Modi Launches CHAMPIONS: Technology Platform to empower MSMEs

COVID-19: Relaxations introduced by Government relating to the Income Tax and Insolvency & Bankruptcy Code, 2016

The spread of COVID-19 is increasing daily severely affecting the economy and lives of the people worldwide. The Government of India is working on relief measures and benefit packages to overcome the impact of the COVID-19 on the economy. The Finance Ministry has granted some regulatory relaxations related to both Direct and Indirect taxation which are stated as below: 1. Deadline extended for income-tax filing: Timeline for filing delayed and revised tax returns for FY […]