User: gauravkhambhala Topic: smenews
Category: sme
Last updated: Oct 31 2014 17:53 IST RSS 2.0
 
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SMEs pay 61% of profit in taxes 31.10.2014 Asian Age: Business
It needs 33 payments in a year, over 20 hours of time every month and up to 61.7 per cent of profits for a medium-sized company to comply with tax laws in India, making the country one of the worst places in the world for ‘paying taxes’. As per the latest ‘Doing Business Report’ published by the World Bank, India is ranked 156th out of 189 nations in terms of paying taxes. It has slipped two positions on this front from the last year. Paying taxes addresses the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes. According to the report, the total tax rate in India can be as high as 61.7 per cent, there are as many as 33 payments under the head of profit, labour and other taxes, and the time taken to comply ...
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SMEs Crippled by Power Crisis, Cry for Government Help 31.10.2014 The New Indian Express - Andhra Pradesh - http://newindianexpress.com/states/andhra_pradesh/
SMEs pay 61% of profit in taxes 31.10.2014 Asian Age: Business
It needs 33 payments in a year, over 20 hours of time every month and up to 61.7 per cent of profits for a medium-sized company to comply with tax laws in India, making the country one of the worst places in the world for ‘paying taxes’. As per the latest ‘Doing Business Report’ published by the World Bank, India is ranked 156th out of 189 nations in terms of paying taxes. It has slipped two positions on this front from the last year. Paying taxes addresses the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes. According to the report, the total tax rate in India can be as high as 61.7 per cent, there are as many as 33 payments under the head of profit, labour and other taxes, and the time taken to comply ...
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Sri Lanka, China ink MoU to develop rubber industry 31.10.2014 Sify Finance
Sri Lanka and China have inked a Memorandum of Understanding (MoU) to further develop the former's rubber industry.
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SAP focusing on software and cloud marketplace in India 30.10.2014 HBL: Smartbuy
Enterprise solutions company SAP recently announced plans to expand its operations in the Asia Pacific region by opening a new innovation centre in Singapore by the year-end. The NYSE-listed compa...
Creating a Platform for Start-Up Designers 30.10.2014 newindianexpress.com
‘Enterprise will be a big growth driver for Vodafone’ 29.10.2014 HBL: Features

While everyone knows Vodafone India’s consumer mobile services, the lesser-known enterprise business segment is also quietly adding to the company’s growth. It contributed nearly 12 per cen...

Strengthening SMEs to fulfil their Ambitions. 29.10.2014 Latest News
We all know of a successful restaurant that starts a second restaurant in another location, and then fails.
​Govt to set up 15 tech centres to scale up SME clusters 29.10.2014 HBL: Home
The Government is setting up 15 new technology centres to scale up competitiveness of small and medium enterprises (SMEs) through clusters. Announcing this at CII’s 7th National Cluster S...
Equity raising? India Inc in wait-and-watch mode for now 29.10.2014 Rediff: Business
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
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MSME minister hints at excise boost for revival 29.10.2014 Ranchi - City - The Times of India
Ranchi: Union minister Kalraj Mishra gave small and micro enterprises a reason to breathe easy at the time of economic gloom. The macro, small and medium enterprises (MSMEs) minister on Tuesday hinted at amendments in exemption of excise duty on goods manufactured by the units.
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Equity capital raising hits pause in October 29.10.2014 Sify Finance
Equity capital raising by Indian Inc has hit a pause button in October, after five months of robust activity. According to Bloomberg data, only Rs 530 crore, through three deals, has been
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China’s Dalian port city floats platform to set up SME clusters 28.10.2014 HBL: Home

Dalian, a warm water port city in China, has taken the first step of a long march towards India, heeding Prime Minister Narendra Modi’s call for ‘Make in India’.Mark Shujun Ma, a Sta...

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Equity capital raising hits pause in October 28.10.2014 All Markets Stories
Equity capital raising by Indian Inc has hit a pause button in October after five months of robust activity
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Axis Bank to open more SME centres in TN 28.10.2014 The Hindu: Today's Paper
Axis Bank to open more SME centres in TN
Snapdeal may notch up as much as $1 bn from Softbank 28.10.2014 Top Stories
Softbank has a 37% stake in China's e-commerce giant Alibaba, which recently created history when it went public
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US varsity crafts business plan for Tirupur exporters 27.10.2014 Latest News
This is perhaps the first time Indian SMEs have associated with a university in an export market to boost the reach of their products
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UP small, medium units want grievances addressed 27.10.2014 All Economy & Policy Stories
In an industry conclave in Lucknow last month, Akhilesh Yadav had promised to meet industrialists once a month
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Broker's call 27.10.2014 HBL: Home
Geojit BNP ParibasSupreme Ind (Accumulate) CMP: ₹603.3Target: ₹612Supreme Industries Ltd (SIL) first quarter (current fiscal) top-line and bottom-li...
Power holiday to Telangana industries reduced to one day 27.10.2014 DNA: Opinion
Telangana government decided to revert to a one-day power holiday per week to industries today, after an improvement in the power supply situation. Telangana Chief Minister K Chandrasekhar Rao instructed CMD of TS Genco and TS Transco, D Prabhakar Rao, to reduce the two-day power holiday a week, imposed three weeks ago, to a one-day power holiday after an improvement in the power supply position, an official in the CM's office said. Industries in the infant state had expressed concern over the two-day power holiday a week, saying it would cause huge production and financial losses to units, particularly those in the SME ...
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