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All initiatives make it clear that the government is aimed at supporting the MSMEs and the requirement for recognizing important verticals within this sector with differing interests with regards to Governmentu2019s policy intercessions and highlighted the virtues of adopting a focused approach to profit these verticals.
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MSME POLICIES - Changing MSME Landscape
MSME DEFINITIONS Category Manufacturing Sector Service Sector Investment in Plant and Machinery Upto 25 Lakhs Investment in Equipment Upto 10 Lakhs Micro Enterprises Small Enterprises Upto 5 Crores Upto 2 Crores Medium Enterprises Upto 10 Crores Upto 5 Crores 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME DEFINITIONS–NEW CRITERIA Category Annual Turnover Micro Enterprises Does on exceed Rs. 5 crores Small Enterprises Does on exceed Rs. 75 crores Medium Enterprises Does on exceed Rs. 250 crores 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME POLICIES 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
PUBLIC PROCUREMENT POLICY • 25% of the total procurement of Goods and Services by Government Departments / CPSEs shall be done from Micro and Small Enterprises (MSEs) • Provide minimum 3% reservation for women owned MSEs • 358 items are reserved for exclusive procurement from MSEs. 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
PUBLIC PROCUREMENT POLICY 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
SOME IMPORTANT WEBSITES • https://www.psbloansin59minutes.com • https://gem.gov.in/ • https://www.mudra.org.in/ • https://udyogaadhaar.gov.in 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MUDRA FACTS 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
GEM PORTAL FACTSHEET 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME DATABANK Register at www.msmedatabank.in As per MSMED (Furnishing of Information) Rules, 2016 notified by GSR 750(E) dated July 19th, 2016, all Micro, Small and Medium enterprises are mandatorily required to provide information about the business on the MSME databank for availing benefits in various schemes of the MSME Ministry. 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME DATABANK Register at www.msmedatabank.in Benefits of Registration Comprehensive database of MSMEs in India MSMEs registered under the MSME databank will be eligible for becoming supplier of Government organisations and entities Assist government to make policies Help Government to procured goods and services under PPP Mandatory for availing CLCSS Subsidy 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME DATABANK 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
CREDIT LINKED CAPITAL SUBSIDYFOR TECHNOLOGY UPGRADATION Related Scheme Scheme for 'Credit Linked Capital Subsidy for Technology Upgradation (CLCS- TU)' Description MSEs can get a capital subsidy (~15%) on credit availed for technology upgradation Nature of assistance Financial assistance for availing credit and loan. Who can be benefitted Micro and Small Enterprises (MSEs) having a valid UAM number. Who can apply? 1. Banks and financial institutions can apply to DC-MSME for availing support. 2. MSEs need to directly contact the respective banks for getting credit and capital subsidy. Replacement of existing equipment/technology with the same equipment/technology will not qualify for subsidy under this scheme, nor would the scheme be applicable to units upgrading with second hand machinery. 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
NSIC REGISTRATION Issue of the Tender Sets free of cost Exemption from payment of Earnest Money Deposit (EMD) Raw Material Assistance against Bank Guarantee Financial Assistance for participation of Domestic as well as International Fairs Eligible for Public Procurement Policy • • • • • 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
Bank Loans between Rs. 10 Lakhs to Rs. 1 Crore Atleast One Schedule Caste (SC) or Schedule Tribe (ST) borrower And one women borrower Per branch 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
- BENEFITSOF REGISTRATION 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
- ELIGIBILITY Eligibility Particulars Period of Entity Within 10 years of registration Incorporation Status Private Limited Company / Registered Partnership Firm / LLP Annual Turnover Annual Turnover upto Rs. 100 crores Product Working towards innovation, development or improvement of products New business means Entity should not have been formed by spiliting up or reconstruction a business already in existence SEBI Recognised Venture Captial Fund Till date 194 registered VC https://www.sebi.gov.in/sebiweb/other/Oth erAction.do?doRecognisedFpi=yes&intmId =21 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
- ACTION PLAN ACTION PLAN Industry-Academia Partnership and Incubation Simplification and Handholding Funding support & Incentives 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
- ACTION PLAN ACTION PLAN Industry-Academia Partnership and Incubation Simplification and Handholding Funding support & Incentives 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
- TAX EXEMPTION After Recognition as Startup from DIPP, startup may apply for Tax Exemption u/s 80 IAC of IT Act 1961. Can avail tax exemption for 3 consecutive financial years out of first 10 years since Incorporation. Eligibility Incorporated after April 01, 2016 Recognised Startup Pvt Ltd Co/ LLP 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
- ANGEL TAX Post getting recognition a Startup may apply for Angel Tax Exemption. • Eligibility Share Capital and Share Premium after propose issue < 25 Crores DPIIT Recognised Startup 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME SAMADHAN– SOLUTIONOF DELAYED PAYMENTS 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME SAMADHAN– SOLUTIONOF DELAYED PAYMENTS 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME SAMADHAN– SOLUTIONOF DELAYED PAYMENTS 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME SAMADHAN– SOLUTIONOF DELAYED PAYMENTS 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME SAMADHAN– SOLUTIONOF DELAYED PAYMENTS 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
MSME SAMADHAN– SOLUTIONOF DELAYED PAYMENTS 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
ACCESS OF SECURITY MARKET 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
ACCESS OF SECURITY MARKET Can raise capital upto Rs. 25 Crores Greater credibility and enhanced financial status Lessor compliances Can switch to main board 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
ACCESS OF SECURITY MARKET Criteria for New Listing Post issue capital shall not exceed Rs. 25 Crores Should have positive networth Net tangible assets should be atleast Rs. 3 crores Track record of 3 years Should not be in default Mandatory to have a corporate website Should not be any change of promoters in past one year 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
GOODS AND SERVICE TAX HSN Code: Harmonized System Nomenclature Code -Developed by the World Customs Organization (WCO) and adopted by more than 200 countries. SAC Code: Services Accounting Code -Developed by the Service Tax Department of India 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
ONE TIME RESTRUCTURING SCHEME MSMEs classified as ‘standard’ without a downgrade in the asset classification, subject to the following conditions:- - Aggregate expousre (FB and NFB) does not exceed Rs 250 Million (Rs. 25 Crores) as on January 01, 2019 - Borrower should be registered under GST as on January - Account was in default but is Standard as on January 01, 2019 - Registered with GST implementation of Restructuring as on the date of 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
FRAMEWORK REHABILITATIONOF MSMES FOR REVIVAL AND Who can apply:- • MSMEs having aggregate limits upto Rs. 25.00 Crores • Accumulated losses to the extent of 50% of the networth during previous FY 9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com
9999893315 | 9899639968 | filingsamadhan@gmail.com | info@filingsamadhan.com www.filingsamadhan.com