India’s micro, small and medium enterprises have new definitions that promise to open doors wider for them this financial year as well as improve their chances of securing delayed payments faster. The Union Government, in a notification dated 21st March, amended the definitions of micro, small and medium enterprises, raising limits for investments in plant […]
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Mr. Chandrakant Salunkhe, Founder & President, SME Chamber of India & Federation of Indian SME Associations (FISA) has presented special edition of “SMEConnect Magazine” containing the activities report of SME Chamber of India for the year 2024 to Mr. S. C. L. Das, Secretary, Ministry of MSME, Government of India on 4th April 2025. Mr. […]
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The GST Network (GSTN) has issued an advisory regarding a crucial change in the e-Invoicing system related to Invoice Reference Number (IRN) generation. This change, effective from 1st June 2025, affects how invoice or document numbers are processed by the Invoice Reporting Portal (IRP). Specifically, invoice numbers will now be treated as case-insensitive, meaning variations […]
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Mohandas Pai fired back at Piyush Goyal saying India does have “many deep tech startups” like China but doesn’t have the Government’s support. Former Infosys CFO Mohandas Pai has strongly reacted to Piyush Goyal’s recent take on Indian startups. Speaking at Startup Mahakumbh, Goyal criticised the direction of Indian entrepreneurship, especially in the quick commerce space, asking, […]
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From April 1 2025, uploading e-invoice within 30 days will become mandatory for GST registered taxpayers having an annual turnover above Rs10 crore. Earlier, this threshold limit was Rs100 crore. Talking to Bizz Buzz, Chandrakant Salunkhe, Founder and President, SME Chamber of India and Federation of Indian SME Associations, said: “The new ruling is likely […]
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