Under the tie-up value added services will also be offered including validation services, for Micro, Small and Medium Enterprises segment.

With liberalization of the economy, India has witnessed significant growth in terms of business and consumption during the past couple of decades.

P.K. Bezbaruah, Chairman, Tea Board, said that the primary market turnover of tea is Rs. 15,000 crore and small tea growers play a very pivotal role in it.

Working capital need for banks gold consignment business will rise to 13 per cent from 10 per cent

The move comes after the GST Council decided earlier this month that man-made apparel above Rs 1,000 will attract a 12% levy, higher than the existing 7%.

All stakeholders are anxious for a smooth rollout of the GST. We list here the preparations going on at various levels for July 1 deadline.

Both Amazon India and Flipkart have been spending extensively to set up fulfilment centres and warehousing space aimed at faster deliveries and control on seller inventories for better customer experience.

With the countdown underway, and the Government having more or less done its job, its India Inc. that now needs to keep its foot on the peddle.

"In India alone, 38 per cent of SMEs (small and medium enterprises) indicated that they rely on each other to learn. Clearly, businesses are looking to each other to master the new mobile environment," Facebook said in a release here.

"In the next 10 days we will taking the WBIS 2013 for MSMEs online. With this, now no one will be required to come physically for incentives," said Vijay Bharti, director, West Bengal MSME.

A job work involves a manufacturer sending goods out of the factory for specialised processing job without having to pay taxes.

Using "Google My Business", businesses can create their first website for free.

Since January 2015, 42 stocks on the SME IPO index have at least more than doubled.

Though e-commerce players are expecting a surge in exports after the roll-out of India's landmark Goods and Services Tax (GST) reform, industry stakeholders feel there is a need to expand the categories for benefits under the export policy.

Jaitley said, " After considering the recommendations, the GST Council has reduced the tax level in 66 out of 133 items."

The Indian Banks Association has informed a parliamentary panel that their members were unprepared to implement the new indirect tax regime.

While GST has been hailed as a much-needed overhaul of the indirect tax system, many SMBs across sectors - services and product alike - are wary of its impact on them.

You can rectify any mistakes or change any of the details given in the application for registration either at the time of registration or even afterwards.

If you have created an email or Facebook account for yourself, the migration process should be a breeze for you.

The industry is also uneasy about the effect on jobs like weaving, knitting, cutting and packaging, which it fears could hurt the small units badly.