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MSMEs provided ₹ 3794 Crore for Credit Support & Innovation

Budget - Dated:- 1-2-2018 - MSMEs provided ₹ 3794 Crore for Credit Support & Innovation Government takes new initiatives to increase Employment Opportunity Study shows 70 Lakh formal jobs have been created this year, says Finance Minister A .....

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Strongly emphasising that creation of job opportunities and facilitating generation of employment has been at the core of policy-making of the Government over the last three years, the Finance Minister mentioned that an independent study conducted re .....

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rt to reduce tax burden on MSMEs and to create large-scale employment, Shri Jaitley also announced measures to extend the benefit of reduced rate of 25% to companies who have reported turnover up to ₹ 250 crore in the Financial Year 2016-17. Th .....

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r take-home salary. Amendments have been proposed to reduce women employees' contribution to 8% for first three years of their employment against existing rate of 12% or 10% with no change in employers' contribution in the Employees Provident .....

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by the banks, he said. Shri Jaitley referred to the review of the refinancing policy and eligibility criteria set by MUDRA for better refinancing of Non-Banking Finance Companies NBFCs. In this regard, he proposed setting a target of ₹ 3 lakh .....

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